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Australian Dollar Q2 Technical Forecast: AUD/USD and AUD/JPY
Australian Dollar Q2 Technical Forecast: AUD/USD and AUD/JPY
Mar 29, 2024
This article explores the technical outlook for the Australian dollar, focusing primarily on AUD/USD and AUD/JPY. For a more comprehensive perspective, access the fundamental forecast by downloading the complete second-quarter trading guide. Recommended by David Cottle Get Your Free AUD Forecast AUD/USD Q2 TECHNICAL OUTLOOK AUD/USD remains in a long-term or ‘secular’ downtrend channel which has been in place since...
Crude Oil Q2 Outlook – OPEC’s Cuts Will Keep Prices Underpinned
Crude Oil Q2 Outlook – OPEC’s Cuts Will Keep Prices Underpinned
Mar 30, 2024
Crude Oil Q2 Fundamental Outlook Crude oil prices may continue to rise 2024’s second quarter but they remain subject to the considerable near-term uncertainty that dogged them as the year got under way. The Organization of Petroleum Exporting Countries and its allies (the so-called ‘OPEC +’ grouping) have agreed to extend their production cuts of 2.2 million Barrels Per Day....
Gold, Silver Q2 Technical Forecast: Key Resistance in Focus as Markets Get Stretched
Gold, Silver Q2 Technical Forecast: Key Resistance in Focus as Markets Get Stretched
Mar 29, 2024
This article provides an in-depth exploration of the technical outlook for gold and silver prices, offering valuable insights into price action dynamics and sentiment. For a holistic view that includes the fundamental forecast, download the comprehensive second quarter trading guide. Recommended by Diego Colman Get Your Free Gold Forecast Gold Price Q2 Technical Outlook Gold kicked off the first quarter...
Japanese Yen Q2 Fundamental Forecast: Brighter Days Ahead, Catalysts to Watch
Japanese Yen Q2 Fundamental Forecast: Brighter Days Ahead, Catalysts to Watch
Mar 29, 2024
This article primarily delves into the fundamental outlook for the yen. To gain a richer understanding of the technical factors driving the Japanese currency's direction in the second quarter, download our complimentary Q2 forecast. Recommended by Diego Colman Get Your Free JPY Forecast Market Recap: Another Bad Quarter The Japanese yen took a beating during the first three months of...
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US Equity Indexes Advance in Midday Trading
US Equity Indexes Advance in Midday Trading
Jan 2, 2025
12:07 PM EST, 01/02/2025 (MT Newswires) -- US equity indexes rose following an unexpected decline in weekly jobless claims and a move higher in the final estimate of a manufacturing gauge. The S&P 500 climbed 0.3% to 5,896.1, with the Nasdaq up 0.4% to 19,386.2 and the Dow Jones Industrial Average 0.1% higher at 42,585.3. Energy and communication services led...
Nio Death Cross Shadows Record Deliveries: Can Bulls Reclaim The Wheel?
Nio Death Cross Shadows Record Deliveries: Can Bulls Reclaim The Wheel?
Jan 2, 2025
Nio Inc. ( NIO ) closed 2024 with a bang, delivering a record-breaking 31,138 vehicles in December — a staggering 72.9% year-over-year jump. Quarterly deliveries hit an all-time high of 72,689, while annual deliveries climbed to 221,970, marking a 38.7% surge from the previous year. Yet, Nio stock’s technicals paint a less rosy picture. Chart created using Benzinga Pro Nio...
US STOCKS-Wall St drifts higher in first trading session of 2025; Tesla slides
US STOCKS-Wall St drifts higher in first trading session of 2025; Tesla slides
Jan 2, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Weekly jobless claims at 211,000, below estimates * Tesla down after deliveries data * Crypto stocks rise on bitcoin strength * Indexes up: Dow 0.26%, S&P 0.44%, Nasdaq 0.51% (Updates with mid-session trading) By Johann M Cherian and Purvi...
Dow Surges Over 300 Points; US Initial Jobless Claims Decline
Dow Surges Over 300 Points; US Initial Jobless Claims Decline
Jan 2, 2025
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Thursday. Following the market opening Thursday, the Dow traded up 0.80% to 42,882.77 while the NASDAQ rose 0.84% to 19,472.63. The S&P 500 also rose, gaining, 0.75% to 5,926.73. Check This Out: How To Earn $500 A Month From Acuity Brands Stock Ahead...
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Methode Electronics Earnings Preview
Methode Electronics Earnings Preview
Jul 8, 2025
Methode Electronics ( MEI ) is preparing to release its quarterly earnings on Wednesday, 2025-07-09. Here's a brief overview of what investors should keep in mind before the announcement. Analysts expect Methode Electronics ( MEI ) to report an earnings per share (EPS) of $0.12. Anticipation surrounds Methode Electronics's ( MEI ) announcement, with investors hoping to hear about both...
Deep Dive Into SolarEdge Technologies Stock: Analyst Perspectives (15 Ratings)
Deep Dive Into SolarEdge Technologies Stock: Analyst Perspectives (15 Ratings)
Jul 8, 2025
In the preceding three months, 15 analysts have released ratings for SolarEdge Technologies ( SEDG ) , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Forecast update for Brent crude oil -08-07-2025
Forecast update for Brent crude oil -08-07-2025
Jul 8, 2025
The price of (Brent) fluctuated in its last intraday trading, due to the emergence of the negative signals on the (RSI), after reaching overbought levels to attempt to offload this condition, besides the continuation of the positive support due to its trading above EMA50, despite the fluctuation the price confirms breaching the current resistance at $68.70 by holding above it,...
Forecast update for Bitcoin -08-07-2025
Forecast update for Bitcoin -08-07-2025
Jul 8, 2025
The price of (BTCUSD) extended its gains in its intraday levels, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, taking advantage of its lean on the support of its EMA50, which represents a dynamic support that keeps the stability of the positive situation on the intraday levels, amid the dominance of the bullish...
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US railroad agency, safety board chair to testify at U.S. House hearing
US railroad agency, safety board chair to testify at U.S. House hearing
Jul 19, 2024
July 19 (Reuters) - The head of the Federal Railroad Administration, chair of the National Transportation Safety Board and senior official at a U.S. pipeline safety agency will testify at a July 23 U.S. House subcommittee hearing on rail safety. Last year, the U.S. Senate Commerce Committee passed sweeping rail safety reform legislation in the aftermath of the February 2023...
First Financial Shareholders Approve Global Federal Credit Union's Acquisition of Banking Unit
First Financial Shareholders Approve Global Federal Credit Union's Acquisition of Banking Unit
Jul 19, 2024
04:01 PM EDT, 07/19/2024 (MT Newswires) -- First Financial Northwest ( FFNW ) said Friday that preliminary results showed that its shareholders have approved Global Federal Credit Union's acquisition of First Financial Northwest Bank at a special meeting. The bank had received regulatory approvals from Washington State Department of Financial Institutions for the deal, the firm said, adding that it...
Vertical farming startup Plenty to expand via $680 million JV with UAE's Mawarid
Vertical farming startup Plenty to expand via $680 million JV with UAE's Mawarid
Jul 19, 2024
(This July 18 story has been corrected to clarify that 4.5 million pounds is an annual figure in paragraph 3 and removes reference to 'stacked layers' in paragraph 5) By Krystal Hu (Reuters) - U.S. vertical farming startup Plenty is forming a joint venture with Mawarid, a subsidiary of Alpha Dhabi Holding, in a $680 million deal to develop a...
Why Are Starbucks Shares Trading Higher Today?
Why Are Starbucks Shares Trading Higher Today?
Jul 19, 2024
Shares of Starbucks Corporation ( SBUX ) are trading higher on Friday following a WSJ report suggesting Elliott Investment Management has taken a significant stake in the coffee giant. What’s Going On: Elliott has reportedly been pushing for changes behind the scenes, aiming to address the challenges Starbucks ( SBUX ) faces. While the exact size of Elliott’s stake and...
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Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Mar 22, 2024
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...
This Trending Meme Coin Explodes 50% Daily: Details
This Trending Meme Coin Explodes 50% Daily: Details
Mar 22, 2024
TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
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