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DAX Forecast: Volatile Amid Central Bank Uncertainty

DAX Forecast: Volatile Amid Central Bank Uncertainty

The DAX was all over the place during the trading session on Wednesday as stock markets and risk assets all seem to be lost at the moment. That makes a certain amount of sense considering that nobody really knows what people can expect from the central banks around the world. ECB Members Just Can’t Stop […]
FX Daily: New Line In The Sand For The Yen May Be 165

FX Daily: New Line In The Sand For The Yen May Be 165

Image Source: Unsplash  Japanese authorities are allowing USD/JPY to trade above the April FX intervention levels, and previous comments from the top currency official hint the new line in the sand may be close to 165. Anyway, there is an incentive to wait for tomorrow’s US PCE data. The Riksbank should not change guidance today, and […]
Ethereum Crypto Price News Today Elliott Wave Technical Analysis 1

Ethereum Crypto Price News Today Elliott Wave Technical Analysis 1

Elliott Wave Analysis TradingLounge Daily Chart depositphotos Ethereum/ U.S. dollar (ETH-X) ETHUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Triangle position: Wave C Direction Next higher Degrees: wave (4) Wave Cancel invalid level: 2818 Details: Movement within the Triangle pattern.Ethereum/ U.S. dollar (ETHUSD) Trading Strategy: Movement within the Triangle pattern before price re-enters […]
Market Briefing For Thursday June 27

Market Briefing For Thursday June 27

There’s no ‘debating’ – the outcome tomorrow yet, but there’s lots of debate as to whether the divergences in this market are going to lead to weakness or as is seasonally common, further firmness as we move into middle July. depositphotos To achieve that you do need a broadening-out, which has only been in spurts so far. It […]
PayPal Stock Price Analysis: Why Is PYPL Falling Apart?

PayPal Stock Price Analysis: Why Is PYPL Falling Apart?

Image Source: Pixabay PayPal shares have crashed hard in the past few weeks. The company is facing substantial competition from the likes of Apple and Affirm. Technical analysis points to more downside in the coming weeks. PayPal (PYPL) stock price is falling apart as attempts to recover find substantial resistance. It has plunged to a low […]
NZD/USD Bounces Off Its Lowest Level Since Mid-May, Remains Below 0.6100 Ahead Of US Data

NZD/USD Bounces Off Its Lowest Level Since Mid-May, Remains Below 0.6100 Ahead Of US Data

Photo by Thomas Coker on Unsplash NZD/USD attracts some buyers near the 0.6070-65 area amid a modest USD downtick. The Fed’s hawkish outlook should limit the USD losses and cap the upside for the pair.  Traders now look to Thursday’s US economic docket ahead of the key US PCE on Friday. The NZD/USD pair shows some resilience below […]
FedEx Stock Jumps On Q4 Earnings Beat: ETFs Likely To Gain

FedEx Stock Jumps On Q4 Earnings Beat: ETFs Likely To Gain

Image Source: PixabayAfter the closing bell on Jun 25, transport bellwether FedEx (FDX – Free Report) reported robust fourth-quarter fiscal 2024 results. The courier company outpaced earnings estimates and provided a strong earnings forecast for fiscal 2025.Following the results, FDX shares jumped more than 15% in after-market trading on elevated volume. The smooth trading is also expected to […]
WTI Moves Below $80.00 Due To A Surprise Build In US Crude Stockpiles

WTI Moves Below $80.00 Due To A Surprise Build In US Crude Stockpiles

Image Source: Pixabay WTI price loses ground as a surprise build on US crude stockpiles raised concerns about weakening demand. US EIA Crude Oil Stocks Change increased by 3.591 million barrels in the previous week, against an expected decline of 3.000 million barrels. US crude Oil imports reached 3.1 million barrels per day in May, the […]
The Commodities Feed: Gasoline Demand Concerns Linger

The Commodities Feed: Gasoline Demand Concerns Linger

Photo by Timothy Newman on Unsplash Energy – US gasoline demand worries  ICE Brent edged higher yesterday despite a bearish EIA report. EIA data showed that US commercial crude oil inventories increased by 3.59m barrels over the week, which was quite different to the 2.8m barrel draw the market was expecting. This leaves commercial crude oil inventories at […]
Buyback Bonanza: 3 Companies Gathering Shares

Buyback Bonanza: 3 Companies Gathering Shares

Image Source: PexelsStock buybacks, or share repurchase programs, are commonly executed by companies to boost shareholder value. A stock buyback occurs when a company purchases outstanding shares of its stock. In its simplest form, buybacks represent companies essentially re-investing in themselves.In 2024, several companies – Caterpillar (CAT – Free Report), lululemon (LULU – Free Report), and NetApp (NTAP – Free Report) – have […]