Analyst news

• XAU/USD: Murray analysis

  27-02-2018 13:09 via liteforex.com
  On the daily chart, the price is trying to grow from the level of 1328.13 ([5/8]), but it is under pressure of the middle line of Bollinger Bands from behind. The key “bullish” level is 1343.75 ([6/8]), the breakout of it will let the price grow to the levels of...
  
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• What Nvidia’s stock split means for investors

  07-06-2024 17:55 via rocketnews.com
  Nvidia’s stock will start trading Monday on a split-adjusted basis, and while shares have surged in recent weeks, one strategist says the effects of a split are largely psychological.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNvidia’s stock will start trading Monday on a split-adjusted basis, and while shares have surged in recent weeks, one strategist says the effects of a split are largely psycholo
  
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• Gold suffers a ’double whammy’: strong U.S. jobs growth and pause in China buying

  07-06-2024 16:32 via rocketnews.com
  Gold futures were on track to post their lowest finish in about a month on Friday, pressured after stronger -than-expected monthly U.S. jobs data and a report that China’s central bank paused its year-and-a-half long streak of bullion purchases last month.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGold futures were on track to post their lowest finish in about a month on Friday, pressured after stronger -t
  
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• Eli Lilly’s Alzheimer’s drug to face safety, dosing scrutiny from FDA advisers 

  07-06-2024 14:45 via rocketnews.com
  When a Food and Drug Administration advisory panel meets Monday to size up an Eli Lilly experimental Alzheimer’s drug, questions about safety, selection of patients for treatment, and dosing will be at the fore, documents released Thursday show.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWhen a Food and Drug Administration advisory panel meets Monday to size up an Eli Lilly experimental Alzheimer’s dr
  
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• Exxon Mobil’s stock could fall behind its peers — so stop buying, analyst says

  07-06-2024 14:44 via rocketnews.com
  Truist Securities backed away from its bullish call on Exxon Mobil’s stock, citing a number of concerns, such as the belief that the oil giant’s free cash flow yield will trail that of peers “well into 2025.”
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnTruist Securities backed away from its bullish call on Exxon Mobil’s stock, citing a number of concerns, such as the belief that the o
  
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• XAUUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 13:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 2310.36 with a target of 2500.00 – 2560.00.Alternative scenario: breakout and consolidation below the level of 2310.36 will allow the pair to continue declining to the levels of 2154.83 – 2019.86.Analysis: the fifth wave of larger degree (5) is forming on the daily chart, with wave 3 of (5) unfolding as its part. Apparently, the third wave of smaller degree iii of 3 is forming on the H4 time frame, with wave (
  
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• Oil prices tick higher after Saudi Arabia reiterates output boost can be reversed

  07-06-2024 13:42 via rocketnews.com
  Oil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 million barrels a day in voluntary cuts later this year can be paused or reversed.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 million barrels a day in voluntary
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 13:25 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 80.85 with a target of 63.77 – 55.00.Alternative scenario: breakout and consolidation above the level of 80.85 will allow the asset to continue rising to the levels of 87.80 – 94.00.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 wa
  
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• USDJPY: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 12:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 154.37 with a target of 161.50 – 167.00.Alternative scenario: breakout and consolidation below the level of 154.37 will allow the pair to continue declining to the levels of 151.68 – 146.44.Analysis: the ascending fifth wave of larger degree (5) of C continues forming on the daily chart, with third wave 3 of (5) unfolding as its part. The first wave of smaller degree i of 3 and corrective second wave ii of 3 a
  
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• GBPUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 12:25 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2668 with a target of 1.2910 – 1.3100.Alternative scenario: breakout and consolidation below the level of 1.2668 will allow the pair to continue declining to the levels of 1.2447 – 1.2294.Analysis: the first wave of larger degree (1) is presumably formed, a correction developed as second wave (2), and the ascending third wave (3) is unfolding on the daily chart. On the H4 chart, wave 1 of (3) is formed, a de
  
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• Pound posts clear gains. Forecast as of 07.06.2024

  07-06-2024 12:07 via litefinance.org
  
  The Labour Party will highly likely win the general election. However, what if it turns out to be unconditional? Is GBPUSD poised for a collapse, as in the case of the Mexican peso? Let's talk about this topic and make a trading plan.Fundamental forecast for pound sterling for todayThe British Pound has so far strengthened against the world's major currencies as investors bet on a Labour victory in the upcoming election on July 4. The markets believe that if this happens, relations with the EU w
  
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• These 5 metro areas have hot job markets — and rents that you can actually afford

  07-06-2024 12:00 via rocketnews.com
  MarketWatch looked at the places where unemployment is low and rent is still cheap compared to incomes. One small midwestern metro area came out on top, thanks to “jobs that support families.”
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  [mwai_chat context=”Let’s have a discussion about this article:nnMarketWatch looked at the places where unemployment is low and rent is still cheap compared to incomes. One small midwestern metro area came out on top, thanks to &ldqu
  
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• EURUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 11:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0788 with a target of 1.0978 – 1.1141.Alternative scenario: breakout and consolidation below the level of 1.0788 will allow the pair to continue declining to the levels of 1.0720 – 1.0591.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
  
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• USDCHF: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 11:25 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9161 with a target of 0.8325 – 0.8050. Alternative scenario: breakout and consolidation above the level of 0.9161 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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• USDCAD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 10:57 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 fifth wave of larger degree 5 presumably continues developing on the weekly time frame, with wave (1) of 5 unfolding as its part. The fifth wave of smaller degree 5 of (1) is forming on the daily time fr
  
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• Short-term analysis for oil, gold, and EURUSD for 07.06.2024

  07-06-2024 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.Oil corrected to the resistance area (A).Oil price forecast for today: USCrude analysisYesterday, oil quotes corrected to the resistance area (A) 75.74 - 75.44. Bears managed to hold the price below this zone. Today, consider short trades in this area wi
  
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• Euro keeps up the pace. Forecast as of 07.06.2024

  07-06-2024 09:09 via litefinance.org
  
  A deposit rate cut from 4% to 3.75% has not made the EURUSD collapse because the markets expected that move. The odds of further monetary easing by the ECB and the Fed are almost equal. How does it affect the pair? Let’s discuss it and make a trading plan.Weekly fundamental forecast for euroEverybody is happy. The ECB likes how April's signal about upcoming policy easing influenced the euro area's economy. The EURUSD bulls appreciate that the European Central Bank cut the deposit rate from
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 07.06.2024

  07-06-2024 08:49 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 impulse made of subwaves [1]-[2]-[3]-[4]-[5] is forming in BTCUSD's chart. Its subwaves [1]-[2]-[3]-[4] are fully completed. The first subwave (1) may be forming as part of wave [5]. Correction 4 has presumably been completed recently as part of impulse (1), and the price is now growing in subwave 5, probably to 75048.50. At that level, the si
  
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• Lower profit forecast, less snowfall send Vail Resorts stock on a downhill run

  07-06-2024 00:17 via rocketnews.com
  Shares of Vail Resorts Inc. dropped in extended trading Thursday after the ski-resort operator cut its full-year profit outlook and offered up figures that pointed to slowing demand for the key upcoming ski season.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Vail Resorts Inc. dropped in extended trading Thursday after the ski-resort operator cut its full-year profit outlook and offered up figures that po
  
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• ECB jumps ahead of the Fed to deliver its first rate cut. Is now a good time to invest in Europe ETFs?

  06-06-2024 23:04 via rocketnews.com
  Europe ETFs edged higher after the European Central Bank cut interest rates for the first time in five years. Investors are fretting over whether there’s room for these regional equities to build on their record-hitting rally so far in 2024.
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  [mwai_chat context=”Let’s have a discussion about this article:nnEurope ETFs edged higher after the European Central Bank cut interest rates for the first time in five years. Investors are f
  
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• Nvidia retreats from $3 trillion territory as stock’s momentum stalls

  06-06-2024 20:32 via rocketnews.com
  Not only will investors will have to wait to see Nvidia topple Microsoft, but now Nvidia will have to get past Apple again as well if it seeks to become the largest U.S. company by market cap.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnNot only will investors will have to wait to see Nvidia topple Microsoft, but now Nvidia will have to get past Apple again as well if it seeks to become the largest U.S. company by
  
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• These consumer stocks are struggling. What it says about the market and U.S. households. 

  06-06-2024 14:50 via rocketnews.com
  U.S. stocks notched another round of all-time highs, but a look beneath the record-setting streak shows cracks are starting to form in some of the consumer stocks.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. stocks notched another round of all-time highs, but a look beneath the record-setting streak shows cracks are starting to form in some of the consumer stocks.nnDiscussion:nn” ai_name=”RocketNe
  
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• Trade deficit jumps to 1 1/2-year high on strong U.S. demand for imported goods

  06-06-2024 14:38 via rocketnews.com
  The trade deficit surged by almost 9% in April to a one-and-a half year high because of an increase in imports, a sign that a steadily growing U.S. economy still has plenty of demand.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe trade deficit surged by almost 9% in April to a one-and-a half year high because of an increase in imports, a sign that a steadily growing U.S. economy still has plenty of demand.nnDisc
  
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• Jobless claims climb to 4-week high of 229,000, but layoffs still show little sign of accelerating

  06-06-2024 14:34 via rocketnews.com
  The number of Americans who applied for unemployment benefits last week rose to a four-week high of 229,000 — likely in part due to the end of the school year — but there was little sign of rising layoffs.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe number of Americans who applied for unemployment benefits last week rose to a four-week high of 229,000 — likely in part due to the end of the sc
  
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• Exxon Mobil (XOM) Stock Forecast for 2024, 2025 – 2026 and Beyond

  06-06-2024 12:31 via litefinance.org
  
  Exxon Mobil (XOM), a titan in the oil and gas industry, stands as a beacon for investors seeking stability and growth. Its stock, XOM, reflects the company's vast global presence and its pivotal role in energy production and exploration. As a key player in a sector critical to the global economy, Exxon Mobil's performance is closely watched by investors and analysts alike.This article will cover the Exxon Mobil stock forecast for 2024-2026 and beyond, highlighting the factors that could sway its
  
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• Peso needs to cool down. Forecast as of 06.06.2024

  06-06-2024 11:58 via litefinance.org
  
  The USDMXN pair's volatility spike could remove the super peso tag from the Mexican currency. The incoming administration should adopt conciliatory rhetoric to buoy the peso. Let's discuss this topic and make a trading plan.Monthly fundamental Mexican peso forecastA convincing victory of one party in an election usually indicates political stability and leads to lower volatility and appreciation of the national currency. Not in the case of the Mexican peso. The fact that Claudia Sheinbaum b
  
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• ‘Late Show With David Letterman’ band leader Paul Shaffer just sold this beautiful Westchester County home for $2.3 million

  06-06-2024 11:01 via rocketnews.com
  The spot is ideal for someone who wants a high-end home with a country feel that’s still a hop, skip, and a jump away from the Big Apple.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe spot is ideal for someone who wants a high-end home with a country feel that’s still a hop, skip, and a jump away from the Big Apple.nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can
  
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• Short-term analysis for oil, gold, and EURUSD for 06.06.2024

  06-06-2024 09:14 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 has reached the resistance (A) today.Oil price forecast for today: USCrude analysisOil maintains an upward correction, aiming to reach the resistance (A) 75.74 - 75.44. Once the price hits this area, consider short trades within a short-term downtrend wi
  
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• Euro keeps its promise. Forecast as of 06.06.2024

  06-06-2024 09:13 via litefinance.org
  
  In April, the European Central Bank promised to ease monetary policy at its next meeting. It's time to meet its commitments. Theoretically, this must make the EURUSD decline, but the pair is growing. Why? Let’s discuss it and make a trading plan.Fundamental forecast for euro for todayAll 82 experts surveyed by Reuters predict that the ECB will cut the deposit rate from 4% to 3.75% at its meeting on 6 June. However, not everyone thinks that's a good idea. Algebris Investments calls this ver
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 06.06.2024

  06-06-2024 08:08 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 impulse made of subwaves [1]-[2]-[3]-[4]-[5] continues forming in Bitcoin's chart. Its subwaves [1]-[2]-[3]-[4] are fully completed. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. The first subwave (1) may be unfolding as part of wave [5]. Correction 4 has presumably
  
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