The US dollar has been at the centre of traders and investors’ interest over the last few months as the global markets were rattled by the increasingly more volatile economic turmoil that is caused by the coronavirus pandemic. The greenback has once again taken the role of a global safe-haven asset, as individuals all over the world scrambled to hedge the risks they are facing from the ongoing market uncertainty. [...]
JPMorgan Chase & Co. is the biggest bank in the US with a prominent role in the S&P 500 index, which makes it not only one of Wall Street’s flagships, but also an integral component in the American financial system as a whole. That is why its quarterly earnings reports are so highly anticipated by so many investors, who perceive JPM’s data as a gauge for the performance of the entire financial industry. [...]
Coffee futures are currently trading at the lower end of a major bearish trend, which prompts some market analysts to expect the underlying market sentiment to change soon. The price action has already broken out above a few key resistance levels, which some traders perceive as early indications suggesting the increasing bullish commitment in the market. [...]
Yesterday the British American Tobacco (BAT) Company, announced its participation in the global rush to develop a SARS-COV-19 vaccine. [...]In its statement from yesterday, BAT said that it would be ready to start producing as much as 3 million doses of the vaccine per week as early as June, provided that it receives the necessary government support. The company has worked on a vaccine for Ebola in the past, which gives its claims credence. [...]
[...] the coronavirus pandemic presents an unprecedented ordeal for the global economy, and questioning whether the Dow is currently in a bearish or bullish market is ultimately futile. [...] In that sense, we can candidly assert that the Dow Jones currently finds itself in no man’s land – it could just as likely fall, consolidate, or rise, in the next following weeks.
The price of wheat is typically affected by market seasonality, as there is a strong correlation between the time of the year and the global supply of wheat. [...] Right now, however, national lockdowns could very likely affect those strict timelines [...] Hence, the current analysis examines the expected impact of the global COVID-19 pandemic on the cultivation of wheat [...]
We estimate that Amazon is one of those publically traded companies that are most likely to undergo through profound changes in its operations by the time the COVID-19 outbreak is dealt with. That is why its stock value is also expected to change drastically over the following weeks and months. Hence, the purpose of the current analysis is to evaluate the present fundamental factors, which are affecting the company [...]
The Services PMI and Manufacturing PMI numbers, which were released earlier today, ha already begun affecting the French stock market, and have left a noticeable imprint on the CAC 40's price action. Therefore, it is the purpose of the present analysis to examine the current state of the French economy with regards to today's data releases and to project the most likely consequence for the index' future development.
In the days leading up to the announcement of a global COVID-19 pandemic, gold had climbed to 1700 dollars per troy ounce – a level that was last reached in December of 2012. The rally was prompted by fear of the unknown – investors scrambling into havens in a bid to protect themselves against a worst-case scenario, at a time when the situation is changing fast, and the underlying conditions of the threat are continually evolving. [...]
[...] the company’s monthly subscribers’ numbers and overall engagement rate could be anticipated to be bolstered by the social distancing factor. That is why the current analysis examines Netflix's share price and projects the most likely future development of the stock after investors' tensions subside and the impact of the social distancing stretch is reflected on the company's next earnings report.
Over the past few weeks, the USD has lost nearly 800 pips against the JPY, driven by Japan's shift away from decades of negative interest rates. With the Bank of Japan raising rates for the second time in a row, investors are adjusting their positions to [...]
Despite its volatility, Silver remains in an uptrend. While not as dynamic as Gold, XAG often mirrors XAU’s movements. A Multiple Top has formed around $32.50, and history shows that the more a level is tested, the weaker it becomes, increasing the likelihood of a [...]
A combination of factors, including Trump-era tariffs, the emergence of DeepSeek, and a slowdown in GDP growth, has contributed to the recent pullback in the US30 from its record highs. From a technical standpoint, a Double Top pattern has formed around the [...]
Over the past month, Silver has experienced an impressive 13% surge, marking a strong bullish trend. Despite notable volatility and multiple pullbacks, the overall momentum remains firmly to the upside. This strength is further validated by the Golden Cross, a historically reliable [...]
The Swiss Stock Market has been on a remarkable rally, surging over 15% between December and January. At times, the price action resembled a near-vertical ascent. However, following the announcement of Trump’s tariffs over the weekend, Monday’s trading session opened with a [...]
Between October and January, GBPUSD experienced a significant decline, dropping by approximately 1300 pips. However, we now observe signs of a potential trend reversal. Over the past few weeks, the pair has rebounded by more than 400 pips, shifting momentum toward a [...]
For the past 1 month, the UK100 saw a fantastic 600 point rally! The occasional corrections only attracted more buyers, which is healthy for the current up trend and the RSI currently exhibits elevated demand. A 130 point correction started last week on Friday, dipped below the [...]
Over the past two weeks, Japan’s leading stock index surged 2,000 points, reflecting strong bullish momentum. However, this week saw a sharp sell-off, erasing nearly all gains since mid-January. Despite this drop, the decline stalled at the 61.8% Fibonacci retracement, a key [...]
There is a clear shift in the momentum in the Oil market, with the commodity dropping with nearly 10% for the past 2 weeks. The Death Cross, a classic sell signal, is indicating that sellers are indeed in control and we are lookin now at a strong [...]
The 350 pip rally for the past 2 weeks seems like a trend reversal for EURUSD, with buyers back in control. The strong bullish momentum is also confirmed by the Golden Cross, a historic buy signal. Corrections are healthy for the trend and we currently looking at [...]
For the past 2 weeks GBPUSD went up with 400 pips and this is why we believe we might be looking at a trend reversal. The strong bullish momentum is confirmed by the Golden Cross, a classic buy signal, which supports the hypothesis that [...]
The Death Cross formation in USDJPY signals a robust downward momentum, with the USD depreciating by 300 pips over recent weeks. Further declines exceeding 300 pips are anticipated, potentially reaching the 152.00 level. Despite several corrective pullbacks, the price has been unable to surpass the [...]
Following the formation of a Double Top pattern at the 21,930 level last Friday, the NASDAQ has experienced a significant decline, plummeting by nearly 800 points. This downturn has been primarily driven by unfavorable manufacturing data emerging from China, alongside the Bank of Japan's interest rate hike on Friday. The market reaction closely resembles the [...]
GOLD's uptrend has regained strength, with several factors supporting further gains. The RSI bounced from oversold levels and now stands at 65, signaling growing demand and increasing buying volume. Additionally, the appearance of a [...]
For the past few months, USDJPY gained 2100 pips! Then, about 10 days ago the USD started dropping and so far corrected with 300 pips, dropping down to 155.00. A local Double Bottom got formed and this level also aligns with the important [...]
For the past week, the US100 has surged by over 1,000 points, signaling strong bullish momentum. The RSI stands at 69, indicating high demand and buyer dominance. A bullish Golden Cross pattern has emerged, confirming the upward trend. Despite a brief correction yesterday, with the index dipping to [...]
The Descending Triangle on the 4-hour chart, typically a bearish signal, failed to materialize this time. Instead, the Triple Bottom support at 92,000 held strong, driving significant buying volume. A Golden Cross—a classic bullish indicator—confirms strong [...]
After a 300-point correction from its December highs, the SP500 appears to be rebounding as bulls regain control. This recovery is supported by positive economic data, including strong NFP numbers, low unemployment, and CPI readings meeting expectations—all favorable for stocks. Additionally, the earnings season began yesterday with [...]
For several months, the EUR has been trending downward, losing hundreds of pips. While occasional corrections to the upside occur, bears remain in control. The strong downward momentum is highlighted by the Death Cross pattern, a classic sell signal. Yesterday, we observed another [...]
The Dollar remains strong, with buyers firmly in control since the Fed's December comments hinting at fewer 2025 rate cuts. This drove a 400-pip rally in USDCAD, now facing resistance near 1.4450 as early buyers take profit. Corrections are part of healthy trends, and the pair is testing support at [...]