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Aud/nzd price analysis: bullish extension fails to capture 1.0950, at risk of further downside

The AUD/NZD is trading into the top side heading into Thursday. The Kiwi has been lagging as economic data continues to miss the mark. The Aussie is s...

November 1, 2023, 10:59 pm

Chart talk: spot bitcoin etf talks send the digital currency into overbought territory

Bitcoin (BTC-USD) has been on fire in 2023 with a recent explosion of +28.5% since October 15, which sent the cryptocurrency into ...

October 30, 2023, 5:59 pm

Us q3 gdp smashes estimates as the dxy and gold adopt a cautious approach

US Economy expanded an annualized 4.9% in the third quarter of 2023, the most since the last quarter of 2021. Largely expected by analysts and with th...

October 26, 2023, 12:50 pm

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

Gold price forecast: xau/usd appears a ‘buy on dips’ trade amid middle east strife

Gold price remains a ‘buy-the-dip’ trade, as the 14-day Relative Strength Index (RSI) indicator has eased off from the ...

October 23, 2023, 4:59 am

Gold advances above 200-day sma

Gold violates crucial trendline as geopolitical tensions increase Erases its October decline, marching to a fresh 2-month high Momentum indicators rea...

October 19, 2023, 8:39 am

Stocks to sell: 7 overbought companies you ought to dump right now

In rough markets it's important to keep and eye out for overbought stocks. Finding the right timing to ...

October 19, 2023, 7:03 am

3 overbought cannabis stocks that are due for a reckoning

Cannabis stocks have been stagnant or declining due to cash burn and regulatory challenges. Despite this, many bulls have once again begun expecting a...

October 17, 2023, 12:38 pm

Usd/cad: loonie has a lot of work to do to improve – scotiabank

The CAD is extending its late-week rebound against the USD. Economists at Scotiabank analyze USD/CAD outlook. The USD does look ...

October 16, 2023, 12:44 pm

Celestica's next pullback offers a buy with strong fundamentals

Celestica showcased solid financial performance in Q2 2023, with a notable surge in revenue. CLS stock price has established a robust upward trend, su...

October 16, 2023, 2:24 am

Eur/usd forecast: euro could target 1.0700 on a soft us inflation reading

EUR/USD continued to stretch higher toward 1.0650 early Thursday after posting small daily gains on Wednesday. The near-term technical outlook suggest...

October 12, 2023, 8:14 am

Breakout alert: pdd's impressive surge continues

The stock, which has been on an impressive three-month run since reporting earnings, up over 55%, now boasts a $139 billion market capitalization and ...

October 9, 2023, 9:00 am

Natural gas surges to 36-week high: is there more to go?

Natural gas hits a 36-week high, surging towards the next Fibonacci target at 3.38, but caution is needed as it enters ...

October 6, 2023, 8:13 pm

Us dollar forecast: usd/cad rsi flirts with overbought zone

USD/CAD trades to a fresh monthly high (1.3786) as it extends the series of higher highs and lows carried over from last week, and the exchange rate m...

October 5, 2023, 10:29 pm

An oversold gold miner with strong fundamentals–its relative strength index is below 20, and its piotroski f-score is 8

They are completely hated and totally undervalued, without even a semblance of pricing in the potential leverage they could gain from a spike in gold ...

October 5, 2023, 2:14 pm

Cryptocurrencies sliding in the face of rising us bond yields and overbought signals

Bitcoin was not the only cryptocurrency experiencing a decline. Ethereum also missed the mark, sliding below the $1,650 level. The global crypto marke...

October 5, 2023, 8:57 am

Crude oil q4 technical forecast: how high can it go?

Crude oil technical analysis shows Q4 could take prices towards the $100 mark but remain around overbought...

September 30, 2023, 2:00 pm

Us dollar, oil overbought: will they correct enough?

Fed Chair Powell said energy-driven inflation was one of the central bank’s bigger concerns, with oil prices having risen around 30% in just three m...

September 29, 2023, 8:29 am

Intraday analysis – usd looks for support

USDCHF retreats from 6-month high The US dollar pulled back after economic growth in the second quarter stayed in line with estimates. The price soare...

September 29, 2023, 6:22 am

Usd reverses course from an overbought level

UK gilts sell-off leads another bout of higher rates around the world and fresh cycle highs; US 10-year rate up to 4.69% before reversing course. Prog...

September 28, 2023, 7:14 pm


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