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Usdchf breaks higher today but does find willing sellers against target swing area.

The USDCHF moved above it's 200-hour moving average (green line in the chart below) in the Asian session, and then worked its way toward the next targ...

October 26, 2023, 2:25 pm

Usd/jpy mid-day outlook

Daily Pivots: (S1) 149.91; (P) 150.12; (R1) 150.43; More… Intraday bias in USD/JPY stays on the upside...

October 26, 2023, 1:15 pm

Altria's (mo) q3 earnings miss estimates on soft volumes

Altria's (MO) third-quarter 2023 results reflect lower shipment volumes as a result of macroeconomic pressure on ATC behavior. However, pricing remain...

October 26, 2023, 12:02 pm

Eur/aud daily outlook

Daily Pivots: (S1) 1.6620; (P) 1.6689; (R1) 1.6819; More… Intraday bias in EUR/AUD remains neutral for the moment. On the...

October 26, 2023, 7:41 am

Usd/cad daily outlook

Daily Pivots: (S1) 1.3750; (P) 1.3780; (R1) 1.3829; More… Intraday bias in USD/CAD remains on the upside...

October 26, 2023, 6:18 am

Usd/jpy daily outlook

Daily Pivots: (S1) 149.91; (P) 150.12; (R1) 150.43; More… USD/JPY’s rally from 127.20 resumed by breaking through 150.15 resistance. Intraday bias...

October 26, 2023, 6:01 am

2 faang stocks with up to 79% upside, according to a pair of wall street analysts

Investors have gravitated to the FAANG stocks -- Meta Platforms (previously Facebook), Apple, Amazon, Netflix, and Alphabet (previously Google) -- for...

October 26, 2023, 5:21 am

Gold price forecast: xau/usd confirms bull flag, re-attempts $2,000

As observed on the daily chart, Gold price confirmed a Bull Flag formation after closing Wednesday above the falling trendline resistance of $1,976. T...

October 26, 2023, 4:14 am

Aud/usd lower as rba gov. bullock speaks

Comments from Bullock here:RBA Bullock says CPI was a little higher than expected, but about where we thought it'd beNot as hawkish and she might have...

October 25, 2023, 10:20 pm

Ubs forecasts a november rba interest rate hike, and likely more to come after that

UBS response to Wednesday's upside surprise in Australian inflation data, its Australian economist fore...

October 25, 2023, 9:59 pm

Eur/usd forecast: euro under pressure ahead of ecb and us data

The German IFO Business Survey surprised to the upside, with the headline index at 86.9, surpassing exp...

October 25, 2023, 8:59 pm

Economic calendar in asia thursday, 26 october 2023 - rba governor bullock speaking

Reserve Bank of Australia Governor Bullock will be appearing in parliament, before the Senate Economics Legislation Committee.I'm listening out for ha...

October 25, 2023, 8:04 pm

Aussie inflation drives nzd down as odds lift for melbourne cup day hike

The New Zealand dollar took a further tumble against the Australian dollar after Aussie inflation surprised on the...

October 25, 2023, 4:59 pm

Etsy stock lacks a meaningful upside: citigroup

Shares of Etsy Inc (NASDAQ: ETSY) are unlikely to recover meaningfully in the near term, says Ygal Arounian. He's an analyst at Citigroup....

October 25, 2023, 3:22 pm

First industrial: embedded growth at a discount

First Industrial shares have fallen due to rising interest rates, supply pressure, and a slowdown in tenant leasing. Operating results remain strong w...

October 25, 2023, 2:41 pm

Usd/cad mid-day outlook

Daily Pivots: (S1) 1.3660; (P) 1.3698; (R1) 1.3729; More… USD/CAD’s solid break of 1.3784 resistance confirm resumption of the rally from 1.3091. ...

October 25, 2023, 2:35 pm

Usdcad moves toward topside swing area after boc rate decision

The USDCAD is moving higher after the Bank of Canada rate decision (and the stronger New Home Sales data). The pair has moved up to test the low of th...

October 25, 2023, 2:21 pm

The canadian dollar is vulnerable to the bank of canada decision

The Bank of Canada decision is out at the top of the hour and USD/CAD is just a hiccup away from the highest levels since March.From where I stand, ri...

October 25, 2023, 1:42 pm

Eur/usd mid-day outlook

Daily Pivots: (S1) 1.0551; (P) 1.0623; (R1) 1.0662; More… Intraday bias in EUR/USD is remains neutral and outlook is unchanged. On the...

October 25, 2023, 1:27 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2113; (P) 1.2201; (R1) 1.2249; More No change in GBP/USD’s outlook as consolidation from 1.2036 is extending. Downside breakout...

October 25, 2023, 1:25 pm


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