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Eur/usd: completion of bearish pattern on daily chart adds to downside risk

The Euro is holding in a narrow consolidation near one-month low in European session on Tuesday. Near-term focus is shifting to the downside, as stren...

February 7, 2023, 11:27 am

Gold price forecast: xau/usd on the precipice

From an ECB perspective (EUR being a large component of the Dollar Index), markets … daily spot gold ...

February 3, 2023, 9:44 am

S&p 500 (spx) bullish elliott wave sequence favors upside

S&P 500 (SPX) showing short term bullish Elliott wave sequence against October-2022 low. It proposed ended wave II correction at 10/13/2022 low of 352...

February 2, 2023, 6:29 am

Labu: leveraged biotech etf review

Biotech stocks have pulled back and offer better risk to reward for investors, Direxion daily s&P Biote...

January 31, 2023, 6:20 pm

Bullish on semiconductor stocks? trading stratagies for this 3x leveraged etf (soxl)

Direxion daily semiconductor Bull 3X Shares SOXL was trading down Friday, consolidating a recent rise, ...

January 27, 2023, 3:03 pm

Usd/jpy price analysis: the bears are running into major support ahead of key us data

USD/JPY bulls need to commit at the daily support structure near a 61.8% ratio of the recent bullish im...

January 27, 2023, 2:14 am

Usd/cad builds base

The Canadian dollar steadied after inflation eased more than expected in December. From the daily chart’s perspective, the pair is still in a prolon...

January 18, 2023, 8:17 am

Intraday market analysis – cad consolidates gains

USDCAD builds base The Canadian dollar steadied after inflation eased more than expected in December. From the daily chart’s perspective, the pair i...

January 18, 2023, 7:33 am

Eurusd storms to a fresh 8-month high

EURUSD has been attempting a strong rebound since early October when its steep downtrend came to a halt at the 20-year low of 0.9535. In the last coup...

January 16, 2023, 8:57 am

Gush: leveraged exposure to oil's upside

Direxion daily s&P Oil & Gas Exploration & Production Bull 2x shares provides leveraged exposure to oil...

January 14, 2023, 8:09 am

Eur/usd: bulls hold grip but correction may precede fresh advance

The Euro is consolidating under new multi-month high on Friday, after advancing 0.9% on Thursday. Overall picture remains bullish as the pair is on tr...

January 13, 2023, 12:01 pm

Eur/usd: euro keeps bullish stance but us cpi data likely to define near-term direction

The Euro keeps bullish bias in early Wednesday and regains traction after bulls took a breather (Tuesday’s Doji). Full reversal of January’s pullb...

January 11, 2023, 8:43 am

Aud/usd outlook: break of key barriers signals further advance

daily studies remain in full bullish setup, with additional positive signals seen from weekly close abo...

January 9, 2023, 8:59 am

Spdn: either short the market or hedge your portfolio of bonds and gold

Except for the higher probability of a recession occurring this year, market conditions are more or less the same as in 2022, when Direxion ...

January 6, 2023, 3:12 pm

Msc industrial (msm) earnings top estimates in q1, up y/y

MSC Industrial's (MSM) fiscal Q1 results reflect double-digit average daily sales growth and productivi...

January 6, 2023, 10:32 am

Pacira biosciences reports preliminary unaudited total revenue for 2022 of $666.8 million

EXPAREL average daily sales 104% of the prior year for the fourth quarter and 107% of the prior year fo...

January 5, 2023, 9:30 pm

Dollar holds slight advance to start the session

The opening week of the year is seeing a flux in trading sentiment for major currencies, with the dollar push a...

January 5, 2023, 8:19 am

Usdjpy plummets to fresh 7-month low

USDJPY had experienced a significant uptrend in the past year, climbing to a 32-year high of 151.94 in mid-October. However, the pair has been experie...

January 4, 2023, 8:23 am

Aud/jpy on track to revisit key support level to start the new year

The pair ran into a test of its 12 May low at 87.30 two weeks ago but the ...

January 3, 2023, 9:21 am

Hibl: arkk in disguise

The Direxion daily s&P 500 High Beta Bull 3X Shares (HIBL) is an exchange-traded fund. The vehicle seek...

December 27, 2022, 11:35 pm


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