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NZDUSD Is Looking For Lower Support
Video By:
Gregor Horvat
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Monday, May 15, 2023 7:40 AM EDT
The Kiwi-USDollar pair may now experience more weakness into wave (C), just be aware of short-term corrective rallies.
Oil Falls Below $70.00
Article By:
Finance Brokerage
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Monday, May 15, 2023 7:30 AM EDT
During the Asian trading session, the oil price fell below the $70.00 level, forming a new lower low at the $69.38 level. It stayed below for a short time, and returned to above the $70.00 level. It needs to hold above to see any resistance continue.
In this article: BNO
Two Trades To Watch: DAX, Gold - Monday, May 15
Article By:
Fiona Cincotta
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Monday, May 15, 2023 6:15 AM EDT
DAX rises as wholesale inflation falls. Gold rises with debt ceiling talks and Fed speakers in focus.
Euro Hits Three-Week Low As US And China Inflation Reports Puzzle Investors
Article By:
The Private Banker
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Monday, May 15, 2023 5:35 AM EDT
The Euro traded at its lowest point in three weeks, falling below the significant mark of $1.1, which was achieved over a year ago.
In this article: FXE
WASDE Update: USDA’s First Crop Estimates For 2023/24
Article By:
ING Economics
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Monday, May 15, 2023 4:46 AM EDT
The USDA’s first estimates for the 2023/24 marketing year present a soft outlook for corn and soybeans as global supply improves, whilst demand is expected to increase at a modest pace.
Elliott Wave Technical Analysis: Adobe - Monday, May 15
Article By:
Peter Mathers
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Monday, May 15, 2023 4:25 AM EDT
It looks as if Adobe is in wave (iii) of {c} as we have extended lower. Looking for a pullback into wave (iv) to then look for additional shorts. Ideally wave (iv) finds resistance near the wave four of one lesser degree, therefore wave iv.
In this article: ADBE
The Commodities Feed: Sentiment Remains Negative
Article By:
ING Economics
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Monday, May 15, 2023 3:32 AM EDT
Sentiment remains largely negative for the commodities complex. For oil, the market will be keen to see what revisions, if any, the IEA makes to its global oil demand forecasts later in the week.
Long Opportunity Against All-Time Lows In Materials Company Trinseo
Article By:
Elliottwave Forecast
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Sunday, May 14, 2023 9:25 PM EDT
Trinseo is a global materials company based in Berwyn, Pennsylvania, USA. The stock being a component of the Russel2000 index can be traded under ticker $TSE at NYSE.
In this article: TSE
Fortinet Continues To Dominate The Cybersecurity Market
Article By:
Elliottwave Forecast
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Sunday, May 14, 2023 8:09 PM EDT
Fortinet Inc is a global leader in cybersecurity solutions. The company has a strong track record of growth and innovation, and it is well-positioned to continue to dominate the cybersecurity market in the years to come.
In this article: FTNT
Currency Speculators Push Mexican Peso Positions To 165-Week High As Peso Cruises
Article By:
Zachary Storella
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Sunday, May 14, 2023 7:46 PM EDT
The COT currency market speculator bets were higher this week as six out of the eleven currency markets we cover had higher positioning while the other five markets had lower speculator contracts.
Robinhood's 24-Hour Stock Trading Announcement: Game Changer Or Investor Trap?
Video By:
Preet Banerjee
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Sunday, May 14, 2023 4:25 PM EDT
In this video, we dive deep into Robinhood's announcement of offering 24-hour stock trading on their platform. Is this a revolutionary step in the world of investing, or is it a potential trap for inexperienced investors?
In this video: HOOD
GBP/USD: Weekly Forecast May 14-20
Article By:
Daily Forex
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Sunday, May 14, 2023 11:00 AM EDT
The GBP/USD was behaving in a rather bullish manner last week until BoE Governor Bailey said the U.K could have to endure a tough economic road.
In this article: FXB
Sony Is Near To End A Leading Diagonal And It Could Start A Pullback
Article By:
Elliottwave Forecast
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Saturday, May 13, 2023 7:53 PM EDT
The market has kept the upward movement. From the low of 61.67, we can count 5 swings up giving the idea of a leading diagonal structure.
In this article: SONY
EURUSD Analysis Today With Week Ahead Forecast
Article By:
Frano Grgic
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Saturday, May 13, 2023 11:51 AM EDT
Euro to USDollar rates, today and forecast for the week.
In this article: FXE