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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