Blogs of Forecast and Signal Analysts

USD/CHF Franc trading forecast for the week of April 12-16, 2021

The Dollar Franc USD/CHF currency pair ends the trading week near the level of 0.9265. The pair continues to move within the growth and left the limits of the descending channel. Moving...

11.04.2021 TorForex Read

GBP/USD Forex trading forecast for the week of April 12-16, 2021

The Pound Dollar GBP/USD currency pair ends the trading week near the 1.3710 area. The pair continues to move within the fall and the beginning of working out the bearish ”Wolf...

11.04.2021 TorForex Read

EUR/USD Euro Dollar trading forecast for the week of April 12-16, 2021

EUR/USD Euro Dollar trading forecast for the week of April 12-16, 2021 The Euro Dollar EUR/USD currency pair ends the trading week near the 1.1881 area. The pair continues...

11.04.2021 TorForex Read

XRP (Ripple) soared by 33%: what are the reasons for success?

Cryptocurrency XRP (Ripple) on Saturday broke through the previous highs around $1.10 and rose to the level of $1.40, strengthening at the moment by 33%. At these levels, the token...

11.04.2021 Solomon Read

Crypto market is feeling its way up again

The crypto market has experienced a short-term local correction and continues its cautious upward movement. The most pronounced positive dynamics is noticeable among altcoins, but there...

09.04.2021 Solomon Read

THE VOLUME OF INDUSTRIAL PRODUCTION IN GERMANY DECREASED IN FEBRUARY BY 1.6%

Statistics on the dynamics of industrial production in Germany came as a surprise to the analysts who participated in the survey. They predicted an increase in the February volume of...

09.04.2021 TradWheel Read

Forex forecast for Pound/Dollar (GBP/USD) for today, April 9

On Thursday, the Pound/Dollar strengthened to 1.3740. In recent days, one of the key factors influencing GBP has been unexpected problems with vaccination. The government has recommended...

09.04.2021 MaxMar Read

Cryptocurrency forecast for today April 9

Bitcoin (BTC) has strengthened in price towards the $58000 resistance level. Ethereum (ETH) has returned to the maximum value area and is trading around the $2080 mark. The price of...

09.04.2021 MaxMar Read

Forex forecast for today for Euro/Dollar (EUR/USD)

On Thursday, the Euro/Dollar (EUR/USD) rose slightly and reached 1.1915. EUR found support after the statements of the head of the central bank of Austria, Robert Holzman. He unexpectedly...

09.04.2021 MaxMar Read

USD/JPY Dollar Yen forecast for April 9, 2021

The quotes of the Dollar Yen USD/JPY currency pair continue to move within the correction and the ascending channel. At the time of publication of the forecast, the US Dollar exchange...

09.04.2021 TorForex Read

USD/CHF forex forecast for April 9, 2021

The Dollar Franc USD/CHF currency pair continues to move within the correction and the formation of a Head-and-Shoulders reversal pattern. At the time of publication of the Forex forecast,...

09.04.2021 TorForex Read

US market: review and forecast for April 8

On April 7, the US stock exchanges ended in a mixed pattern. The S&P 500 index rose 0.15% to 4,080 points, the Dow Jones rose a negligible 0.05%, and the NASDAQ fell 0.07%. Most...

08.04.2021 TradWheel Read

Cryptocurrency trading. Forecast for today

The price of Bitcoin (BTC) has fallen to the support of $56000. Ethereum (ETH) declined to the level of $1960, and Ripple (XRP) - to the level of 0.91 USD. The total capitalization...

08.04.2021 MaxMar Read

Forex forecast for today. Oil trading will remain volatile

WTI crude oil was almost unchanged at the end of the trading day on Wednesday, although market volatility remained as high as possible. The quotes are still in the area of the level...

08.04.2021 MaxMar Read

Forex forecast for today. GBP/USD continued the sharp decline

On Wednesday, the Pound/Dollar (GBP/USD) fell by almost 80 points and reached the level of 1.3735. GBP/USD continued the sharp decline of the previous day from more than two-week highs. The...

08.04.2021 MaxMar Read

Forex forecast for today. Gold is trading at the resistance

Gold is trading at the resistance of $1740 per ounce. Despite the recovery in recent days, precious metals markets, especially Gold, remain sensitive to treasury bond yields. In...

08.04.2021 MaxMar Read

Forex forecast for today. EUR/USD

The euro completed a 200-point rebound to reach 1.1900 on Wednesday, the highest level since March 23. By the end of the trading session, the quotes fell back to the support of 1.1880. The...

08.04.2021 MaxMar Read

Cryptocurrency forecast for today. News from Japan

The Bitcoin (BTC) price declined slightly towards the $58400 support. Ethereum (ETH) rose to the level of $2120, and the price of Ripple (XRP) reached $1.05. The total capitalization...

07.04.2021 MaxMar Read

Forex forecast for today. WTI - back to resistance $60.5

Oil markets recouped some of the losses, with the WTI barrel recovering to $59.4 on Tuesday. Traders are optimistic about the prospects for the global economic recovery and, as a...

07.04.2021 MaxMar Read

Forex forecast for today. GBP/USD reacts to the coronavirus situation

On Tuesday, GBP/USD reached a two-week high of 1.3918, after which it fell by almost a hundred points to the support of 1.3820. Traders reacted positively to the confirmation by...

07.04.2021 MaxMar Read

Forex forecast for today. Gold is growing to $1900?

The price of gold rose to the level of $1742 per troy ounce and reached the highest level in a week. As the yield of US securities falls, the opportunity cost of owning the precious...

07.04.2021 MaxMar Read

Forex forecast for today. EUR/USD is growing up

The Euro/Dollar continues to actively recover in price. On Tuesday, the quotes reached the resistance level of 1.1850. Buying interest in the European currency remains good and steady...

07.04.2021 MaxMar Read

Cryptocurrencies BTC, ETH, XRP. Forecast for today

The Bitcoin (BTC) price rose to the $59000 resistance level. Ethereum (ETH) strengthened to the $2100 mark, and the price of Ripple (XRP) soared to 0.823 USD. The total capitalization...

06.04.2021 MaxMar Read

Forex. WTI Oil forecast for today

At the beginning of the week, a barrel of WTI oil lost almost 5% in price and fell to the level of 58.7 USD. The drop occurred on the eve of negotiations on a nuclear deal with Iran....

06.04.2021 MaxMar Read

Forex forecast for today. GBP/USD reached an important resistance

Pound/Ddollar reached an important resistance of 1.3900. The main reason for the pair's growth was the local vulnerability of the USD, despite strong data from the labor market...

06.04.2021 MaxMar Read

Forex. Gold is trading below the resistance

Gold is trading just below the resistance of $1730 an ounce. The metal market steadied as investors weighed signs of an economic recovery on the back of better-than-expected US employment...

06.04.2021 MaxMar Read

Forex forecast for today. Euro/Dollar (EUR/USD)

On Monday, EUR is the single currency rose sharply against the US Dollar and reached 1.1810. The US Dollar currency index fell to weekly lows around 92.7 points. Given that the indicator...

06.04.2021 MaxMar Read

CHINA'S SERVICE SECTOR IS RECOVERING AT AN ACCELERATED PACE

The index, which measures business activity in the services sector of the Chinese economy, in March reached the highest level since December last year. According to Caixin/Markit data,...

06.04.2021 TradWheel Read

THE CAPITALIZATION OF THE CRYPTO MARKET HAS REACHED ALMOST 2 TRILLION DOLLARS

The data published on the CoinMarketCap portal indicates a significant increase in the capitalization of the cryptocurrency market. Over the past day, it has increased by 3.3% and is...

06.04.2021 Solomon Read

BRENT oil forecast for the week of April 5-9

Brent crude oil quotes closed the trading week near the area of 64.62 USD per barrel and it continues to move within the correction and the ascending channel. Moving averages indicate...

05.04.2021 TorForex Read

Cryptocurrency forecast for today

The Bitcoin (BTC) price retreated again from the strong $60000 resistance and dropped to the $58350 mark. Ethereum (ETH) is trying to gain a foothold above the key level of 2000 and...

05.04.2021 MaxMar Read

Forex forecast for Pound/Dollar (GBP/USD) for today

At the beginning of the new week, the Pound/Dollar is trading around 1.1830. At the end of last week, the British currency strengthened against the Dollar, and this may indicate the...

05.04.2021 MaxMar Read

Forex forecast for Gold. Possible growth

The price of Gold recovered to the level of $1730 per troy ounce. This is largely due to the dollar index's retreat from last week's five-month high on Wednesday, following...

05.04.2021 MaxMar Read

Forex forecast EUR/USD for today

At the end of last week, the single currency rate declined against the dollar to 1.1755. Stock markets in America and Europe were closed on Friday before Easter, but the US government...

05.04.2021 MaxMar Read

EXPERIMENT FROM BANK OF JAPAN WITH A DIGITAL CURRENCY

The Central Bank of Japan has developed a plan to issue a digital currency. The first stage of the experiment has now begun. During the current fiscal year, which ends in March 2022,...

05.04.2021 TradWheel Read

BTC, ETH, XRP Price Analysis

BTC/USD Last Saturday, Bitcoin buyers tried to break above the resistance of 60000.00 USD, but the bears did not allow a breakthrough and threw the pair BTC/USD below the...

05.04.2021 Solomon Read

PRICES ON THE WORLD OIL MARKET ARE DECLINING

The current week began with a decline in oil prices. At 9:00 GMT, the price of Brent crude oil was 63 US Dollars 48 cents per barrel, which is 1.01% lower than the closing price of...

05.04.2021 TradWheel Read

Dow Jones took the lead in fight against NASDAQ Composite

The Dow Jones Industrial Average outperformed the NASDAQ Composite index by 6.21% in March 2021. This is a record monthly gap since February 2002. March comes like a lion and goes...

04.04.2021 SoftTrade Read

OPEC+ COUNTRIES HAVE EXTENDED THE DEADLINE FOR SOME PARTICIPANTS IN THE DEAL

During the OPEC+ meeting, which took place this week, the issue of compensating for the lag in reducing oil production by some countries was discussed. As a result, it was decided to...

04.04.2021 Oil_Buffett Read

Ripple (XRP) pointed out why Bitcoin is "doomed to fail"

The technical director of Ripple (XRP) explained why Bitcoin is "doomed to fail" its most important mission. According to the technical director of Ripple, David Schwartz,...

02.04.2021 Solomon Read

Financial markets. Daily review.

IN THE SPOTLIGHT: Investment package in the United States Macrostatistics OPEC + Meeting Yesterday, US treasury yields declined and are now at 1.67%...

02.04.2021 SoftTrade Read

OIL PRICES RISE ON OPEC+ DECISION TO INCREASE PRODUCTION

At the auction on Friday, WTI and Brent oil is getting more expensive. Brent crude was trading at $64.70 a barrel. The price of WTI crude oil was $61.20 per barrel. Such levels of oil...

02.04.2021 TorForex Read

Forex trading forecast for today. Pound/Dollar (GBP/USD)

On Thursday, the Pound/Dollar (GBP/USD) pair updated local highs and reached 1.3830. The yield on 10-year US government bonds fell from the highest values in 14 months to the level...

02.04.2021 MaxMar Read

Cryptocurrencies BTC, ETH and XRP - forecast for today

Bitcoin (BTC) is trading near the $59000 level. Ethereum (ETH) reached $1965, and the price of Ripple (XRP) rose to 0.585 USD. The total capitalization of the cryptocurrency market...

02.04.2021 MaxMar Read

Forex forecast for today. Supply chain constraints affect Euro/Dollar (EUR/USD)

The European currency rose against the US Dollar (USD) to 1.1775. The index of business activity in the manufacturing sector in March rose to the highest level since 1983 and was...

02.04.2021 MaxMar Read

BlackBerry manages to lose money when others earn it

The pandemic has had a very positive impact on technology companies, which have been actively increasing revenue due to the growing demand for their services. However, 2020 was not...

02.04.2021 TorForex Read

BITCOIN HAS RETURNED TO THE LEVEL 60000 USD

Over the past day, the value of Bitcoin (BTC) has increased by almost 1% and approached the level of $60000. This was the first time in two weeks. Another historical record for the...

02.04.2021 TradWheel Read

Ripple: will investors be able to participate in the SEC's lawsuit against Ripple?

The court will consider the request of Ripple (XRP) investors to participate in the case of the US Securities and Exchange Commission (SEC) against the cryptocurrency startup Ripple. The...

01.04.2021 Prince Read

JAPAN'S INDEX TANKAN RISES TO PRE-CRISIS LEVEL

The Bank of Japan reported an increase in confidence in the country's economy from large industrial companies. The Tankan index, which evaluates it, rose to 5 points in the first...

01.04.2021 TradWheel Read

GERMAN RETAIL SALES ROSE 1.2% IN FEBRUARY

The German Statistical Office has published data on the dynamics of retail sales in the country. They indicate a 1.2% increase in retail sales in February compared to the figure recorded...

01.04.2021 TradWheel Read

Cryptocurrency forecast. Goldman Sachs will add tools based on the first cryptocurrency

The price of Bitcoin (BTC) has reached the level of $59000. Ethereum (ETH) rose to the price mark of 1925 Dollars, and the price of Ripple (XRP) strengthened to the resistance of 0.56...

01.04.2021 MaxMar Read

WTI Oil forecast for today is 58.5

WTI crude oil fell to the level of $59.55 per barrel. The meeting of the OPEC+ monitoring committee, which considered scenarios for actions in the oil market after April, ended unexpectedly...

01.04.2021 MaxMar Read

Gold forecast for today - 1690

The price of gold quickly recovered after falling the day before. On Wednesday, the quotes reached the level of 1707 dollars per troy ounce. The precious metals market rose more...

01.04.2021 MaxMar Read

Forex. GBP/USD forecast for today - 1.3700

The British Pound rose against the US Dollar to 1.3780. A combination of factors helped the quotes regain some positive momentum after the release of strong UK macroeconomic data....

01.04.2021 MaxMar Read

Forex EUR/USD forecast for today - 1.1660

On Wednesday, the euro/dollar (EUR/USD) was able to recoup some of the losses and rose in price to the level of 1.1725. According to a preliminary estimate, inflation in the Euro...

01.04.2021 MaxMar Read

Over the past week, the inflow of investments to cryptocurrecies fell to $21 million

Cryptocurrency forecast for today. The price of Bitcoin (BNC) rose to the $59000. Ethereum (ETH) strengthened to the price value of $1850, and Ripple (XRP) reached the level of 0.56...

31.03.2021 MaxMar Read

WTI crude oil fell to the level of $60.25 per barrel

Oil forecast for WTI for today WTI crude oil fell in price to the level of $ 60.25 per barrel. At the beginning of the week, it was reported that the operation to remove the container...

31.03.2021 MaxMar Read

Gold has already fallen to the support level of $1,6850

Gold exchange rate forecast for today. Gold has already fallen to the support level of $ 1,6850 per ounce on the back of rising demand for the US dollar. On Wednesday, President...

31.03.2021 MaxMar Read

GBP/USD fell to the support of 1.3715

The British currency (GBP) again did not receive support from the easing of restrictions in the country and from successful vaccination campaigns. In the UK, there is already talk...

31.03.2021 MaxMar Read

The euro/dollar continues to decline in price

On Tuesday, the quotes fell to another local low of 1.1720. Today, US President Joe Biden will outline his $3 trillion infrastructure support plan, which will be implemented at the...

31.03.2021 MaxMar Read

Nvidia: Darkest time-before dawn

Despite the excellent financial results for the fourth quarter of 2020, Nvidia shares have fallen by more than 16% since the report was published. This happened against the background...

31.03.2021 TradWheel Read

Archegos Capital Hedge Fund scandal hits banks

Bank stocks fell on Monday amid news surrounding the default of major hedge fund Archegos Capital. Large multinational banks can suffer multibillion-dollar losses as a result. Shares...

30.03.2021 TorForex Read

Filecoin cryptocurrency soared 6 times — what's going on?

The Filecoin (FIL) cryptocurrency has approached the $140 level in recent days, having risen in price by more than 60% over the past week. Over the past two months, the token has...

30.03.2021 Prince Read

Visa Supports the Cryptocurrency Market

Bitcoin (BTC) strengthened to the level of $ 57600. Ethereum (ETH) is consolidating near the $ 1800 resistance, and the Ripple (XRP) price has reached 56.4 cents. The total capitalization...

30.03.2021 MaxMar Read

Oil in anticipation of OPEC meeting

WTI oil strengthened in price to the resistance of $ 61.5 per barrel. In the European session, markets declined on the news of the removal of a container ship, which previously blocked...

30.03.2021 MaxMar Read

The fall in the oil price pulls the FTSE 100 index and the Pound

The British currency (GBP) fell in price against the US Dollar (USD) to the support of 1.3760. Traders have so far ignored the easing of restrictions in the UK and higher vaccination...

30.03.2021 MaxMar Read

US economy rebounds on pressure on Gold price down

At the beginning of the new trading week, the price of gold fell to the support level of $ 1,710 per troy ounce. The precious metal remains under pressure as the US economy continues...

30.03.2021 MaxMar Read

The US economy is recovering faster than the EU economy

On Monday, the Euro/Dollar (EUR/USD) exchange rate fell to 1.1765. The quotes keep their positions below the key level of 1.1800. The US Dollar is still in demand amid the prospects...

30.03.2021 MaxMar Read

EURO ZONE BANKS ARE ABLE TO WITHSTAND THE CONSEQUENCES OF THE PANDEMIC

Experts of the International Monetary Fund believe that due to the sufficient capital of the banks of the euro zone, these European financial institutions will be able to overcome the...

30.03.2021 TradWheel Read

JAPAN'S UNEMPLOYMENT RATE WAS 2.9 PERCENT IN FEBRUARY%

In February, Japan's unemployment rate remained at the January level of 2.9%. Reports the country's State Bureau. The indicator is calculated taking into account the seasonal...

30.03.2021 TradWheel Read

The price of oil for the week rose on the news of the blocking of the Suez Canal

At the end of last week, WTI oil returned to the local high of $ 60.65 per barrel. Quotes rose after reports that the opening of the Suez Canal may take a little longer than previously...

29.03.2021 MaxMar Read

Low volatility in Gold has stabilized the exchange rate

Gold is trading near the level of $ 1730 per ounce, the volatility of quotations remains low since last week. The price of the asset has been very much affected recently by the growth...

29.03.2021 MaxMar Read

The pound reacted modestly to the data on retail sales in the UK

The British Pound (GBP) ended last week strengthening against the dollar to the level of 1.3790. The quotes maintained a modest intraday growth, although they could not gain a foothold...

29.03.2021 MaxMar Read

In March, the business climate in Germany improved, but this did't affect the Euro

At the beginning of the new week, the euro/dollar exchange rate is trading on the approaches to the resistance level of 1.1800. The index of personal consumption expenditures –...

29.03.2021 MaxMar Read

Vital Farms: a humane approach can bring excellent profits

Vital Farms sells chicken eggs for much more than its competitors, but buyers are happy to overpay. The fact is that the company professes a humane approach to animals: chickens graze...

29.03.2021 TradWheel Read

MDU Resources - a noteworthy dividend aristocrat

The dividend aristocrats may represent different industries, but one thing unites them all: their business has been operating steadily for a long time, with little or no change in market...

29.03.2021 TradWheel Read

OIL PRICES FALL ON EXPECTATIONS OF NORMALIZATION OF THE SITUATION IN THE SUEZ CANAL

The current week began on the world oil market with a decline in quotations. Brent crude fell to 63 dollars 13 cents per barrel, or 2.02%. The price of WTI crude oil fell by this time...

29.03.2021 MaxMar Read

S&P GLOBAL RATINGS CONFIRMS GERMANY'S AAA" RATING"

S&P experts believe that the problems in the German economy due to the coronavirus pandemic, as well as the growth of the national debt and budget deficit, can not serve as a basis...

29.03.2021 MaxMar Read

BRENT oil forecast for March 29 - April 2, 2021

BRENT crude oil quotes end the trading week near the area of 64.18 dollars per barrel. And it continues to move within the correction and the ascending channel. Moving averages indicate...

28.03.2021 TorForex Read

Gold price forecast for March 29 - April 2, 2021

Gold ends the trading week near the area of 1733. XAU/USD quotes continue to move within the falling and descending channel. Moving averages indicate the presence of a bullish trend...

28.03.2021 TorForex Read

Forex forecast AUD/USD for March 29 - April 2, 2021

The Australian Dollar/US Dollar AUD/USD currency pair ends the trading week near the 0.7628 area. The pair continues to move within the fall and the ascending channel. The ”Head...

28.03.2021 TorForex Read

NZD/USD Technical Analysis for March 29 - April 2, 2021

The quotes of the New Zealand Dollar currency pair against the US Dollar NZD/USD end the trading week near the area of 0.6994. Moving averages indicate the presence of a bullish trend...

28.03.2021 TorForex Read

USD/CAD Canadian Dollar forecast for March 29 - April 2, 2021

The Canadian Dollar/US Dollar USD/CAD currency pair ends the trading week near the level of 1.2575. The pair continues to move within the falling and descending channel. Moving averages...

28.03.2021 TorForex Read

USD/JPY Dollar Yen forecast for March 29 - April 2, 2021

The quotes of the Dollar Yen USD/JPY currency pair finish the trading week near the area of 109.56. The pair continues to move within the growth and ascending channel. Moving averages...

28.03.2021 TorForex Read

USD/CHF Franc exchange rate forecast for March 29 - April 2, 2021

The Dollar Franc USD/CHF currency pair ends the trading week near the level of 0.9395. The pair continues to move within the growth and left the limits of the descending channel. Moving...

28.03.2021 TorForex Read

GBP/USD Forex Forecast for March 29 - April 2, 2021

The Pound Dollar GBP/USD currency pair ends the trading week near the 1.3789 area. The pair continues to move within the growth and ascending channel. Moving averages indicate a bullish...

28.03.2021 TorForex Read

EUR/USD Euro Dollar forecast for March, 29 - April 2, 2021

The Euro Dollar EUR/USD currency pair ends the trading week near the 1.1931 area. The pair continues to move within the fall and left the limits of the ascending channel. Moving averages...

28.03.2021 TorForex Read

Large funds on CME buy Bitcoin on correction

According to the COT (Commitments of Traders) reports provided by the Commodity Futures Trading Commission (CFTC) - for the week ended last Tuesday: Large speculators (NON-COMMERCIAL)...

28.03.2021 Gelaton Read

CME traders preparing for a EUR reversal?

According to the COT (Commitments of Traders) reports provided by the Commodity Futures Trading Commission (CFTC) - for the week ended last Tuesday: Large speculators (NON-COMMERCIAL)...

28.03.2021 Gelaton Read

US market: review and forecast for March 26. The story in the Suez Canal continues

Market day before Trading on March 25, US stock exchanges ended in the green zone for the first time in three sessions. The S&P 500 index rose 0.52% to 3,909 points, the Dow...

26.03.2021 Gelaton Read

SPAIN'S ECONOMY REMAINED UNCHANGED IN THE FOURTH QUARTER

As the final INE statistics showed, the Spanish economy in October-December last year maintained the volume of the previous three months, while initially reported GDP growth of 0.4%....

26.03.2021 TradWheel Read

Crypto Currency News

Blockchain and traditional payment systems are compatible in the settlement of electronic securities. This was confirmed by the experiments of the Bundesbank, BaFin and Deutsche Börse....

26.03.2021 MaxMar Read

OPEC+ prepares to set production targets for Crude Oil for May

The blocking of the Suez Canal due to a stranded container ship is unlikely to have a strong impact on oil prices, in particular, due to reduced demand in Europe amid the third wave...

26.03.2021 MaxMar Read

The price of gold is influenced by the yield on bonds

Gold prices remain within the range of $1,725 - $1,745 an ounce this week amid conflicting forces of a strong dollar and low US government bond yields. On Thursday, the quotes fell...

26.03.2021 MaxMar Read

British Pound in anticipation of a rapid economic recovery

GBP/USD has pulled back from the lowest monthly value, but the British Pound remains under pressure. Weak macroeconomic data turned the multi-month upward trend of quotations. The current...

26.03.2021 MaxMar Read

US GDP Grew by 4.3%

The US Bureau of Economic Analysis reported on Thursday that real GDP in the fourth quarter grew by 4.3% for the year. This value was better than the previous estimate and the market's...

26.03.2021 MaxMar Read

THE SWISS CENTRAL BANK KEPT THE RATE AT MINUS 0.75%

On Thursday, the next meeting of the Central Bank of Switzerland was held. Its participants decided not to make changes to the PREP, which is currently in effect. The key rate was kept...

25.03.2021 MaxMar Read

THE COMMERCE DEPARTMENT HAS IMPROVED ITS ESTIMATE OF US GDP GROWTH IN THE FOURTH QUARTER

According to the final estimate of the US Department of Commerce, the US economy in the last three months of last year grew by 4.3% compared to the same period a year earlier, which...

25.03.2021 MaxMar Read

The cost of oil has increased due to the blocking of the Suez Canal

According to experts of the Reuters news agency, prices rose due to the blocking of the Suez Canal — the most important transport artery for the passage of tankers with Arab oil...

25.03.2021 ToneFX Read

Weak UK Macroeconomic Data Negatively Affects the GBP

The UK consumer price index increased by just 0.4% in February and was almost twice as bad as preliminary estimates. Meanwhile, the growth in core inflation, excluding volatile food...

25.03.2021 MaxMar Read

A Break Below the 1.1800 Support is Possible

On Wednesday, the euro/dollar rate fell to the support level of 1.1830. For the first time in ten months, the quotes fell below the 200-day moving average, which is now located at 1.1863....

25.03.2021 MaxMar Read

Tesla: $3,000 a Share by 2025 - Highly Unlikely

The Ark Invest ETF fund, known for its belief in the future of Tesla, has released an updated forecast for the automaker's shares. According to analysts, by 2025, TSLA quotes will...

25.03.2021 TradWheel Read

Elon Musk Again Sent Bitcoin to Growth

Bitcoin on Wednesday moved to growth on the back of positive news. The main growth factor was the news that the American company Tesla began to accept cryptocurrency as a payment...

24.03.2021 Gelaton Read

BUSINESS ACTIVITY IN THE EURO ZONE REACHED ITS HIGHEST LEVEL SINCE SEPTEMBER

The results of a survey conducted by Markit Economics showed an increase in activity in the Euro zone. The PMI, calculated for the industrial sector and the service sector of the region,...

24.03.2021 Gelaton Read

Bitcoin Orders Closed for $1.65 Billion

On Tuesday morning, the bitcoin exchange rate fell to $53000, which led to a large-scale liquidation of margin positions of traders. A total of $1.65 billion worth of orders were closed....

24.03.2021 MaxMar Read

OPEC further reduced production

Investors' concerns about oil demand are linked to tighter restrictions due to the coronavirus in Europe, which could hold back the region's economic recovery. Nevertheless,...

24.03.2021 MaxMar Read

Gold is Trying to Overcome the Resistance at the Level of 1740

The price of gold fell to the level of $1727 per ounce. The quotes failed to overcome the strong resistance level of 1740 and resumed the decline phase. The US dollar received support...

24.03.2021 MaxMar Read

The Pound Continues to Lose Ground

Mixed labor market data released on Tuesday failed to support the pound, which is rapidly losing ground. The unemployment rate in the UK fell to 5%, but average wages increased by 4.8%,...

24.03.2021 MaxMar Read

The Euro is Under Pressure From the Coronavirus

The EUR is under pressure due to growing concerns about the coronavirus in Europe. Yesterday, Germany declared strict isolation before Easter and extended other measures until April...

24.03.2021 MaxMar Read

AMD vs Intel

AMD's share price plunged 20% amid exaggerated fears that Intel could recover from recent losses in the semiconductor market. If Intel has changed the CEO and is just preparing...

24.03.2021 TradWheel Read

ServiceNow shares are attractive to buy

ServiceNow is an enterprise software developer (ITSM solutions leader). The company's services allow you to automate the manual labor of employees and, thanks to the low-code approach,...

24.03.2021 TradWheel Read

High Probability of a Stock Market Crash

Equity and bond yield differential A year ago, on March 23, 2020, the US stock market formed a post-crisis bottom, after which it rose by about 75% on the S&P 500 index. Growth...

24.03.2021 Hawk Read

3 Trillion Dollars Will Cover the World Markets

The US is preparing a new $3 trillion economic support package. The new plan could be presented to President Biden as early as this week. It is proposed to finance the measures,...

24.03.2021 SoftTrade Read

BTC/USD, ETH/USD and XRP/USD analysis March, 24

BTC/USD Yesterday morning, the support of 53400.00 USD withstood the onslaught of bears. Sellers punctured this level, but the price was able to recover to the area of 55800.00 USD....

24.03.2021 Solomon Read

Review for March, 23

US Treasury yields have declined and are about 1.66% per annum for ten-year securities. US stock indexes returned to growth - the Dow Jones added 0.3%, the S&P500 rose 0.7%, and...

23.03.2021 MaxMar Read

CHINA'S TME IN THE FOURTH QUARTER INCREASED NET PROFIT AND REVENUE

According to the quarterly report of the Chinese developer of music streaming services Tencent Music Entertainment Group, for the period from October to December last year, its net...

23.03.2021 TradWheel Read

GERMANY'S EASTER QUARANTINE MAY BE FOLLOWED BY BANKRUPTCIES

According to analysts of the Association of Retailers HDE, if stores are closed in Germany at Easter in connection with the decision taken by the authorities to extend the isolation...

23.03.2021 TradWheel Read

WARREN BUFFETT INDICATOR JUMPS TO RECORD HIGH

One of the indicators that assess the situation on the world stock market is the Warren Buffett indicator. It is calculated by dividing the total capitalization of stocks traded in...

23.03.2021 Demetris Read

Bitcoin is Unlikely to Replace the Dollar Due to its High Volatility

The US Federal Reserve Chairman Jerome Powell believes that bitcoin, due to high volatility, will not replace the dollar, but can become a substitute for gold. In his opinion, bitcoin...

23.03.2021 MaxMar Read

Recovery of Oil Production in the US

According to the weekly report of Baker Hughes, the number of active oil production platforms in the United States last week increased by nine to 318 units. This indicates an active...

23.03.2021 MaxMar Read

Gold is Heavily Dependent on US Treasury Bond Yields

The dollar remains steady, and the yield on 10-year Treasury bonds is at its highest level in more than a year, putting pressure on the precious metal. Fed Chairman Jerome Powell reiterated...

23.03.2021 MaxMar Read

The Stage of Unlocking the UK Economy has been Postponed

The stage of unlocking the UK economy has been postponed due to fears of a third wave of coronavirus. Moreover, the country's Prime Minister, Boris Johnson, intends to maintain...

23.03.2021 MaxMar Read

The Euro Continues to Weaken

The Bundesbank's monthly report said that the German economy is likely to contract at a high rate in the first quarter of the year due to the limitations of the coronavirus. Measures...

23.03.2021 MaxMar Read

Apple Stocks Need a Little Break

Apple shares are trading 15% below their highs. In 2019 and 2020, their value increased by more than 80%, so the current hitch is making investors nervous. At the same time, the company...

23.03.2021 Gelaton Read

The Fed will continue to support economy and Dollar

Federal Reserve Chairman Jerome Powell will address Congress. The report says that the growth rate of economic activity in the country was higher than previously expected. Nevertheless,...

23.03.2021 TradWheel Read

Total Capitalization of the Cryptocurrency Market has Reached $1.78 Trillion

The XRP token received strong support after an SEC official said that apart from Ripple and its employees, no investors, exchanges or other platforms violate the US Securities and Exchange...

22.03.2021 MaxMar Read

The Сost of Oil Depends on the Vaccination

On Thursday, oil markets fell by about 7%, which was caused, on the one hand, by concerns about demand due to the suspension of the use of the AstraZeneca vaccine by a number of European...

22.03.2021 MaxMar Read

Gold in Anticipation of Growth Momentum

The correction in the yield of 10-year US Treasury bonds and the growth of the dollar index provided a slight rise in the price, but quotes have previously found resistance in this...

22.03.2021 MaxMar Read

The British Currency is Still Overbought

The British currency remains under pressure, although there is no clear downtrend yet. According to analysts at Danske Bank, the pound will continue to benefit from faster vaccination....

22.03.2021 MaxMar Read

Fed won't Expand Additional Leverage Rules

The latest wave of sell-offs was triggered by news that the Fed will not expand the additional leverage rules introduced during the pandemic. These rules allowed banks to hold treasury...

22.03.2021 MaxMar Read

Five Below Comes out of Hibernation

Five Below-a chain of stores that sell most of the goods for $5 and below, like many others, was affected by the pandemic, but in the second half of 2020, the situation began to improve....

22.03.2021 TradWheel Read

Hims & Hers: Investors Don't Believe in Remote Cosmetology

Hims & Hers is engaged in the sale of a large number of drugs: from personal care products and dietary supplements, to medicines for erectile dysfunction and hair loss. Products...

22.03.2021 TradWheel Read

BTC Price Chart: Last Resistance Before $68k?

Bitcoin is once again very close to new price highs, but overcoming the last resistance on the way to them may take some time. The price of BTC this week has yet to reach new record...

21.03.2021 TradWheel Read

BITCOIN HAS A DEVASTATING IMPACT ON THE ENVIRONMENT

Bank Of America conducted a research of the impact of bitcoin on the state of the Earth's ecology. He outlined the results in an article called " Bitcoin's Dirty Little...

21.03.2021 Gelaton Read

Fed Chairman Supported The Launch of Government Digital Currencies

The chairman of the US Federal Reserve, Jerome Powell, said that it is necessary to launch state-owned digital currencies, which should function together with fiat currencies. According...

19.03.2021 MaxMar Read

The shortage on the market will support oil prices

World prices were adjusted after some overheating in the market. Despite the significant drop, analysts estimate the supply and demand in the market within the previous range. The agency...

19.03.2021 MaxMar Read

The Fed's decision affects the Gold price

The price of gold fell to the level of $ 1,736 per troy ounce. Markets fully recovered losses as a result of the fall in the dollar after the announcement of the results of the Fed...

19.03.2021 MaxMar Read

The British currency declined in response to the Fed's decision

The Bank of England kept the monetary policy parameters unchanged and said that the economic recovery in the UK is gaining momentum. The British currency declined in response to the...

19.03.2021 MaxMar Read

The dollar fell due to the Fed's decision

The US dollar fell a day earlier after the Fed said it did not expect an interest rate hike until 2023, although markets had assumed otherwise. In a statement after the meeting, it...

19.03.2021 MaxMar Read

Delta Air Lines: Recovery hopes remain

Delta Air Lines will release its financial results for the first quarter of 2021 approximately on April 14. This is the first report among airlines. The airline sector is beginning...

19.03.2021 TradWheel Read

THE CENTRAL BANK OF JAPAN KEPT THE RATE AT MINUS 0.1%

In Japan, the next meeting of the Central Bank was held. Eight of the nine board members voted to keep the key rate at the current level of minus 0.1%. It was introduced more than five...

19.03.2021 ForexNinja Read

State Budget Revenues of China in January and February Increased by 18.7%

In a report published on the official website of the Ministry of Finance of China, it is reported that in the first two months of this year, the country's state budget revenues...

19.03.2021 ForexNinja Read

Gas Demand in Poland May Grow by 60% in 10 Years

The operator of the Polish gas pipeline network Gaz-System, developing a ten-year plan for the development of Poland's gas infrastructure, estimated that over the next 10-13 years,...

19.03.2021 SoftTrade Read

Japan's Digital Currency

On Wednesday, bitcoin rose to the $ 56,600 mark. Ethereum strengthened to the level of $ 1,810, and XRP-to the price value of 47.4 cents. The total capitalization of the digital currency...

18.03.2021 Solomon Read

WTI Crude Oil Fell Dramatically

In the weekly review of the Energy Information Administration of the US Department of Energy, oil production in the country over the past week did not change and remained at the level...

18.03.2021 Shooter Read

Gold - Maximum price since the Beginning of the Month

The results of the meeting of the US regulator were perceived as insufficiently tough. The median forecast of the FOMC members on the interest rate at the end of 2023 did not change...

18.03.2021 Positive Read

GBP/USD is Trying to Break Through the 1.3960 Resistance

The quotes briefly left their intraday consolidated trading range and updated their daily highs around 1.3930 at the beginning of the European session. The rally lacked an obvious fundamental...

18.03.2021 MaxMar Read

The euro/dollar rose sharply on Wednesday

Inflation in the euro area, as measured by the consumer price index, remained unchanged in February, as expected, and remained at 0.2% and 0.9% on a monthly and annual basis, respectively....

18.03.2021 MaxMar Read

The ruble: the threat of new sanctions

The ruble sank significantly on Wednesday amid Joe Biden's negative comments about Vladimir Putin. According to the American president, his Russian counterpart should soon face...

18.03.2021 MaxMar Read

eBay: New sources of revenue growth

eBay, one of the beneficiaries of the quarantine, should face increased competition as early as the second quarter of 2021, which makes its prospects quite difficult to assess. However,...

18.03.2021 TradWheel Read

Forecast of Bitcoin Exchange Rate in 2021

Against the background of global economic crises, when no national currency can be considered stable, there is an increasing interest in cryptocurrency as the most protected from inflation....

17.03.2021 Read

The daily income of bitcoin miners reached $52.3 million

The analytical company Glassnode reported in its weekly report that the income of bitcoin miners reached a record high of $52.3 million per day ($366.1 million per week). The document...

17.03.2021 Solomon Read

USD is waiting for Fed decision

The Fed will end its two-day meeting today, expecting interest rates to remain unchanged. However, Bank of America said that this meeting will be “one of the most important...

17.03.2021 Millions Read

Market Analysis 17-Mar-21

US Treasury yields did not change much yesterday and are at 1.63% for ten-year securities. US stock indexes were adjusted - the Dow Jones fell by 0.4%, the S&P500 fell by 0.16%,...

17.03.2021 SoftTrade Read

Cryptocurrencies' Analysis 17-MAR-21

According to Mizuho Securities, about $40 billion of the 380, or more than 10%, that will be transferred to US citizens in the form of incentive payments, can be used to invest in bitcoin...

17.03.2021 MaxMar Read

WTI ANALYSIS 17-MAR-21

A number of EU countries have suspended the use of the coronavirus vaccine, again sharply increased fears of demand, which provided a drop in oil markets. Market participants reduced...

17.03.2021 MaxMar Read

Gold ANALYSIS 17-MAR-21

The precious metal gained quite a bit in price on the back of the falling dollar and US Treasury bond yields before the Fed meeting. Since last week, gold prices have generally shown...

17.03.2021 MaxMar Read

GBP/USD ANALYSIS 17-MAR-21

During the day, the quotes fell by almost 100 points. The pound is experiencing short-term pressure due to unexpectedly weak macroeconomic data from the industry. Bank of England Governor...

17.03.2021 MaxMar Read

EUR/USD Analysis 17-Mar-21

U.S. retail sales fell 3% in February to $ 562 billion. This value followed the January increase of 7.6% and was worse than market expectations, which suggested a decrease of 0.5%....

17.03.2021 MaxMar Read

WTI Analysis 16-Mar-21

Mass vaccination of the population, which is expected by oil-producing countries, waiting for the demand for fuel for travel and air travel, was hit in Europe, which provides a fifth...

16.03.2021 MaxMar Read

Gold Analysis 16-Mar-21

The asset fails as a hedging tool and is positively correlated with stocks, which creates problems for investors who want to protect themselves from falling stock markets. Gold is up...

16.03.2021 MaxMar Read

GBP/USD Analysis

Quotes continued to fall after the weak data on Friday. The UK economy contracted in January, and exports of goods and services to the European Union fell 41% from the previous month....

16.03.2021 MaxMar Read

EUR/USD Analysis

The European Central Bank made purchases under the emergency program of assistance to the economy for 14 billion euros against 11.9 billion a week earlier. ECB President Christine Lagarde...

16.03.2021 MaxMar Read

Tesla's Distraction Manoeuvre

Elon Musk is known for his ability to distract attention from problems and create hype literally from scratch. This skill has had an extremely positive effect on the value of Tesla...

16.03.2021 MaxMar Read