Analyst news

• EUR/USD Technical Analysis: Digesting Losses Near 1-Year Low

  02-12-2016 08:53
  The Euro has paused to digest losses against the US Dollar having found support after sliding to a one-year low above the 1.05 figure.
  
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• Markets eagerly await BoJ move. Forecast as of 27.05.2024

  27-05-2024 13:16 via litefinance.org
  
  If you constantly wait for new evidence, you may miss the moment for decisive action. The Bank of Japan's decisions are made by people, and their reluctance to take action hinders the yen. Let's talk about this and make a trading plan for USDJPY.Weekly fundamental forecast for Japanese yenThe BoJ's dithering is slowly killing the Japanese yen. The regulator needs evidence that inflation is anchored near 2%, which seems odd at first glance. Consumer prices have been above that mark for 25 consecu
  
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• Shares of China Evergrande’s EV unit soar on potential investor support

  27-05-2024 10:26 via rocketnews.com
  China Evergrande New Energy Vehicle shares jumped 92% on Monday after the EV startup said liquidators were in talks to sell a 29% stake in the unit to an unnamed buyer.
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  [mwai_chat context=”Let’s have a discussion about this article:nnChina Evergrande New Energy Vehicle shares jumped 92% on Monday after the EV startup said liquidators were in talks to sell a 29% stake in the unit to an unnamed buyer.nnDiscussion:nn” ai_name=&rdqu
  
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• Euro: no drastic moves. Forecast as of 27.05.2024

  27-05-2024 09:36 via litefinance.org
  
  The ECB will cut the deposit rate in June but then take a pause. The increase to 4% may have been a mistake. It's time to correct the mistake. Let’s discuss it and make a trading plan for EURUSD.Weekly fundamental forecast for euroThe global economy's two paces suggest central-bank monetary policies will also be less synchronized than previously. However, if American GDP continues to slow down and its European counterpart accelerates, the ECB may not make sharp moves after June. Moreover,
  
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• Short-term analysis for oil, gold, and EURUSD for 27.05.2024

  27-05-2024 09:09 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro's short-term uptrend continued on Friday last week.Oil price forecast for today: USCrude analysisOil increased above the Target Zone 77.11 - 76.12 within an upward correction. The price may rise to resistance (A) 79.32 - 79.02. From this area, it wil
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 27.05.2024

  27-05-2024 08:17 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinThe H4 timeframe shows a layout of an impulse forming. It consists of subwaves [1]-[2]-[3]-[4]-[5]. The subwaves [1]-[2]-[3]-[4] are complete. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. In the coming days, the price is expected to rise in impulse (3) above the level
  
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• Wall Street economists expect ‘friendly’ U.S. inflation data this Friday

  26-05-2024 20:01 via rocketnews.com
  Expectations about the future path of Federal Reserve interest-rate policy has been on a roller coaster this year and the next potential swoon could come Friday with the release of the Fed’s preferred inflation measure of consumer inflation.
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  [mwai_chat context=”Let’s have a discussion about this article:nnExpectations about the future path of Federal Reserve interest-rate policy has been on a roller coaster this year and the nex
  
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• Intel and AMD take a backseat as Qualcomm plays starring role in Microsoft’s AI PCs

  25-05-2024 14:32 via rocketnews.com
  When Microsoft Corp. unveiled a line of PCs and software this week designed to make the most of the artificial-intelligence revolution, it showcased a main processing chip — but it wasn’t from the software giant’s usual chip partner.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnWhen Microsoft Corp. unveiled a line of PCs and software this week designed to make the most of the artificial-intelligen
  
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• Housing has raised the cost of living — but higher rates aren’t the culprit, say analysts

  24-05-2024 21:24 via rocketnews.com
  Go head and blame higher interest rates for the “lock-in effect” gripping the U.S. housing market — but don’t call higher rates inflationary, say Ned Davis Research analysts.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGo head and blame higher interest rates for the “lock-in effect” gripping the U.S. housing market — but don’t call higher rates inflationary, say Ned
  
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• Memorial Day car sales will be ‘raging’ — and these brands will have the best deals

  24-05-2024 20:25 via rocketnews.com
  People who have been waiting to buy a new car may spot some good discounts over Memorial Day weekend on 2023 model-year vehicles, especially on some domestic cars, as affordability issues have led inventory to pile up.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnPeople who have been waiting to buy a new car may spot some good discounts over Memorial Day weekend on 2023 model-year vehicles, especially on some domes
  
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• AMC and GameStop shares rally after registering biggest declines in a week

  24-05-2024 17:31 via rocketnews.com
  Shares of AMC Entertainment Holdings Inc. and GameStop Corp. were rallying in premarket trading Friday after registering their biggest declines in a week during Thursday’s session. Both stocks saw massive volatility last week amid a meme-stock rally fueled by the return of trader Roaring Kitty to social media.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of AMC Entertainment Holdings Inc. and GameStop
  
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• 55% of swing-state voters dislike Bidenomics more than Trump’s abortion stance: poll

  24-05-2024 16:35 via rocketnews.com
  The 2024 White House race is close but presumptive Republican nominee Donald Trump appears to have the edge at the moment thanks in large part to swing-state voters who are frustrated with President Joe Biden’s handling of the U.S. economy, said analysts at the nonpartisan Cook Political Report on Thursday as they rolled out a new poll.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe 2024 White House race is
  
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• Yes, the American dream is dead, this financial influencer says — but here’s how to get rich anyway

  24-05-2024 16:34 via rocketnews.com
  “We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reach.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn“We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reac
  
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• Eli Lilly to spend $5.3 billion to boost Zepbound, Mounjaro manufacturing

  24-05-2024 16:33 via rocketnews.com
  Eli Lilly said Friday that it has more than doubled its investment in a new manufacturing site to boost manufacturing capacity for its popular weight-loss drug Zepbound and diabetes treatment Mounjaro.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnEli Lilly said Friday that it has more than doubled its investment in a new manufacturing site to boost manufacturing capacity for its popular weight-loss drug Zepbound an
  
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• Ether ETFs near debut as some Democrats see ‘fervent opposition’ to crypto as political liability

  24-05-2024 14:54 via rocketnews.com
  U.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream adoption of the world’s second-most popular cryptocurrency.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream ado
  
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• XAUUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 13:50 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 2277.15 with a target of 2500.00 – 2560.00.Alternative scenario: breakout and consolidation below the level of 2277.15 will allow the pair to continue declining to the levels of 2154.83 – 2019.86.Analysis: a descending correction appears to have formed as the fourth wave (4) of larger degree on the daily chart. The fifth wave (5) is unfolding, with first wave 3 of (5) forming as its part. Apparently, the third
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 13:20 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 – 57.00.Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 – 100.00.Analysis: supposedly, a downward correction continues developing as second wave of larger degree (2) on the daily chart, with wave С of (2) unfolding as its part. Apparently, an ascending correction is completed as second w
  
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• USDJPY: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 12:50 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 153.45 with a target of 161.50 – 167.00.Alternative scenario: breakout and consolidation below the level of 153.45 will allow the pair to continue declining to the levels of 146.44 – 140.13Analysis: an ascending wave of larger degree C continues forming on the daily chart, with fifth wave (5) of C unfolding as its part. The third wave 3 of (5) is unfolding on the H4 time frame, with first wave of smaller degre
  
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• Amazon Stock Analysis: AMZN Price Prediction for 2024, 2025-2026 and Beyond

  24-05-2024 12:32 via litefinance.org
  
  The Amazon stock price forecast is a topic of keen interest given the company’s market dominance and consistent growth over the years. In this discourse, we shall delve into various projections, including the Amazon stock forecast, shedding light on the prediction spectrum surrounding the company's market. Through a combination of analytical outlooks and technical analysis, we strive to provide you with clear medium- and long-term forecasts for AMZN stocks. Read on to learn everything abou
  
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• GBPUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 12:20 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2441 with a target of 1.2910 – 1.3155.Alternative scenario: breakout and consolidation below the level of 1.2441 will allow the pair to continue declining to the levels of 1.2294 – 1.2033.Analysis: the first wave of larger degree (1) is presumably formed, a correction developed as second wave (2), and the ascending third wave (3) started unfolding on the daily chart. On the H4 chart, wave 1 of (3) is formed,
  
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• Yes, the American dream is dead, this money influencer says — but here’s how to get rich anyway

  24-05-2024 12:00 via rocketnews.com
  “We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reach.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn“We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reac
  
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• Gold replaces Treasuries. Forecast as of 24.05.2024

  24-05-2024 11:57 via litefinance.org
  
  The bipolar world and the diversification of gold reserves by central banks have broken the precious metal's ties to the US dollar and Treasury yields. Let's discuss it and make a trading plan for XAUUSD.Weekly fundamental forecast for goldThe more we create something, the lower its price. For decades, gold has fallen when Treasury yields have risen and the US dollar has strengthened. But everything has its limits. Washington prints as much money as it needs and borrows without thinking of
  
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• EURUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 11:50 via litefinance.org
  
  Main scenario: consider long positions upon correction above the level of 1.0723 with a target of 1.1141 – 1.1350.Alternative scenario: breakout and consolidation below the level of 1.0723 will allow the pair to continue declining to the levels of 1.0591 – 1.0447.Analysis: an ascending wave B is presumably developing on the daily chart, with first wave 1 of (A) of B and corrective second wave 2 of (A) of B formed within. Apparently, the third wave 3 of (A) of B is developing on the H
  
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• NEO Price Prediction for 2024, 2025–2030 and Beyond

  24-05-2024 11:29 via litefinance.org
  
  Known for its volatility, the digital currency market has always been exposed to both opportunities and risks. NEO, often called "China's Ethereum," has always been on this typical rollercoaster ride, experiencing sharp ups and downs. However, the cryptocurrency continues to attract attention in the crypto sphere, sparking lively discussions and varying Neo price predictions among enthusiasts and skeptics alike.With its unique blockchain technology and vision to digitize assets using smart contr
  
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• USDCHF: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 11:20 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9224 with a target of 0.8325 – 0.8050. Alternative scenario: breakout and consolidation above the level of 0.9224 will allow the pair to continue rising to the levels of 0.9451 – 0.9838.Analysis: the downside fifth wave of larger degree (5) is presumably unfolding on the daily time frame. As its part, wave 1 of (5) is formed, a bullish correction is completed as second wave 2 of (5), and the third wave
  
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• 10 places to visit where you can step right into these famous song lyrics

  24-05-2024 11:02 via rocketnews.com
  From Gin Blossoms and Tom Waits to Sir Mix-a-Lot and Bob Seger, here are 10 great tunes about real-life places in America that you can visit to this day.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnFrom Gin Blossoms and Tom Waits to Sir Mix-a-Lot and Bob Seger, here are 10 great tunes about real-life places in America that you can visit to this day.nnDiscussion:nn” ai_name=”RocketNews AI: ” start
  
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• USDCAD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 10:48 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3586 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3586 will allow the pair to continue declining to the levels of 1.3354 – 1.3170.Analysis: the ascending first wave of larger degree (1) continues developing on the daily time frame, with wave 5 of (1) forming as its part. The third wave of smaller degree iii of 5 is developing on the H4 chart, wi
  
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• Litecoin Price Prediction for 2024 and Beyond

  24-05-2024 10:20 via litefinance.org
  
  Litecoin (LTC) cryptocurrency was created in 2011 by former Google employee Charlie Lee. Litecoin is based on the Bitcoin (BTC) protocol code, featuring a faster blockchain and lower reward per block.LTC ranks among the top 10 cryptocurrencies, second only to Bitcoin. These two digital assets are often compared: if Bitcoin is the "crypto gold," then Litecoin is the "silver." This is probably why the coin manages to attract investor interest, and its price and market cap remain high even in times
  
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• Short-term analysis for oil, gold, and EURUSD for 24.05.2024

  24-05-2024 09:00 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Gold's short-term uptrend has reversed.Oil price forecast for today: USCrude analysisYesterday, the oil price reached the second bearish target within the short-term downtrend. As a result, the price declined below the May 15 low, rebounding from resistance (
  
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• Dollar: take two. Forecast as of 24.05.2024

  24-05-2024 08:59 via litefinance.org
  
  Like at the beginning of the year, the US reports positive statistics, allowing EURUSD bears to start a counterattack. However, new data is needed to consolidate success. Let’s discuss it and make a trading plan.Weekly fundamental forecast for dollarHistory repeats itself quite often. At the end of 2023, investors were sure that the US GDP would slow down. The derivatives market ramped up expectations of the Fed's monetary expansion to 6 acts in 2024, and the US dollar fell. In mid-April a
  
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