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EUR/GBP Forecast: Grinds Higher
Article By:
Christopher Lewis
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Friday, May 17, 2024 6:18 AM EDT
The euro has bounced a bit after initially selling off on Thursday as the 50-day EMA continues to attract a certain amount of attention.
Walgreens Boots Alliance, Inc. Dividend Stock Analysis
Article By:
Dividends4Life
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Friday, May 17, 2024 6:15 AM EDT
Walgreens Boots Alliance, Inc. is the largest U.S. retail drug chain in terms of revenues, this company operates more than 8,000 drug stores throughout the U.S. and Puerto Rico.
In this article: WBA
AUD/USD Outlook: Aussie Stumbles On Downbeat Employment
Article By:
Yohay Elam
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Friday, May 17, 2024 6:06 AM EDT
Data on Thursday revealed a bigger-than-expected jump in Australia’s employment. Australia’s unemployment rate jumped from 3.9% to 4.1%. Investors raised the likelihood of an RBA rate cut in December to 54%.
Elliott Wave Technical Analysis: Cocoa - Friday, May 17
Article By:
Peter Mathers
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Friday, May 17, 2024 6:00 AM EDT
Unless cocoa prices rally sharply and surpass the 11732 high, the near-term outlook remains bearish.
Is Buffett’s Cash Hoard A Market Warning?
Article By:
Lance Roberts
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Friday, May 17, 2024 5:50 AM EDT
Every year, investors anxiously await the release of Warren Buffett’s annual letter to see what the “Oracle of Omaha” says about the markets, the economy, and where he is placing his money.
Crude Oil Commentary - Friday, May 17
Article By:
James Harte
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Friday, May 17, 2024 5:39 AM EDT
Following the heavy sell off on May 1st, oil prices have been muted over the month so far with crude futures settling into a tight range.
BTC/USD Forecast: Strong With Resistance
Article By:
Christopher Lewis
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Friday, May 17, 2024 5:17 AM EDT
Bitcoin has stalled a little bit at the $66,000 level, which is an area that has been important previously. With that being said, I think that if we can break above that level, then it's possible that we could go looking to the $73,000 level.
In this article: BITCOMP
FX Daily: Calm Waters Ahead
Article By:
ING Economics
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Friday, May 17, 2024 4:56 AM EDT
In the two weeks leading to the 31 May US core PCE release, markets may experience reduced volatility.
USD/CHF Advances Toward 0.9100 Due To Lower Swiss Industrial Production
Article By:
Akhtar Faruqui
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Friday, May 17, 2024 4:36 AM EDT
USD/CHF continues to advance after the release of lower Swiss production data on Friday.
Gold Forecast: Struggles At Resistance Barrier
Article By:
Christopher Lewis
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Friday, May 17, 2024 3:55 AM EDT
Gold has pulled back from the crucial $2,400 level during trading on Thursday, which is an area that has been important multiple times.
In this article: GLD
Elliott Wave Technical Analysis: U.S. Dollar/Japanese Yen - Friday, May 17
Article By:
Peter Mathers
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Friday, May 17, 2024 3:43 AM EDT
The USD/JPY Elliott Wave analysis on the daily chart indicates that the market is currently in a corrective trend phase, specifically within red wave 2 of blue wave 1.
Euro Consolidates After Hitting Channel Resistance
Article By:
ForexCycle
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Friday, May 17, 2024 3:20 AM EDT
The EURUSD currency pair has failed to break above the top of the rising price channel visible on the 4-hour chart, pulling back from the 1.0894 high.
