Analyst news

• USD/CNH Technical Analysis: Chart Setup Hints at Bottoming

  22-02-2016 11:04
  The US Dollar may be preparing to turn higher against the Chinese Yuan in offshore trade after putting in a bullish Morning Star candlestick pattern.
  
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• GBP/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

  07-08-2026 14:10 via litefinance.org
  
  Major Takeaways Main scenario: Consider long positions from corrections above 1.3274 with a target of 1.3870–1.4140. A buy signal: the price holds above 1.3274. Stop Loss: below 1.3230, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below the level of 1.3274 will allow the pair to continue declining to the levels of 1.3140–1.2936. A sell signal: the level of 1.3274 is broken to the downside. Stop Loss: above 1.3315, Take Profit: 1.3140–1.2936
  
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• EUR/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

  07-08-2026 13:40 via litefinance.org
  
  Major Takeaways Main scenario: Consider long positions from corrections above 1.1350 with a target of 1.1790–1.2088. A buy signal: the price holds above 1.1350. Stop Loss: below 1.1305, Take Profit: 1.1790–1.2088. Alternative scenario: Breakout and consolidation below the level of 1.1350 will allow the pair to continue declining to the levels of 1.1124–1.0892. A sell signal: the level of 1.1350 is broken to the downside. Stop Loss: above 1.1395, Take Profit: 1.1124–1.0892
  
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• USD/CHF: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

  07-08-2026 13:10 via litefinance.org
  
  Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8206 with a target of 0.7755–0.7593. A sell signal: the price holds below 0.8206. Stop Loss: above 0.8245, Take Profit: 0.7755–0.7593. Alternative scenario: Breakout and consolidation above 0.8206 will allow the pair to continue rising to the levels of 0.8400–0.8600. A buy signal: the level of 0.8206 is broken to the upside. Stop Loss: below 0.8165, Take Profit: 0.8400–0.8600.Mai
  
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• Peloton posts first-ever annual net profit, but shares drop as outlook disappoints

  07-08-2026 13:01 via rocketnews.com
  
  Peloton achieved profitability for the first time as a public company in fiscal 2026, reporting net income of $63.2 million for the year ended June 30, compared with a loss of $118.9 million in the prior-year period. The company attributed the turnaround partly to price increases implemented on hardware and subscription services in the previous fall. Chief Executive Peter Stern characterized the fiscal year as a “landmark” achievement that demonstrated the company’s maturation
  
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• Netlist Lands Samsung Alliance Worth Up to $750M in Patent Fees

  07-08-2026 13:01 via rocketnews.com
  
  Netlist, Inc. announced a comprehensive five-year strategic alliance with Samsung that encompasses patent portfolio cross-licensing, memory product supply, technology cooperation, and Samsung’s acquisition of 10 million Netlist shares. The agreement resolves pending litigation between the two companies while establishing a framework for ongoing business collaboration.
  Under the patent licensing components, Netlist will receive an upfront patent license fee of $200 million after withholdin
  
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• Fed’s Daly says central bank was right to hold rates steady at July policy meeting

  07-08-2026 13:01 via rocketnews.com
  
  Federal Reserve Bank of San Francisco President Mary Daly stated her backing for the monetary policy committee’s recent decision to maintain borrowing costs, according to remarks delivered at an economics conference in Tokyo. She indicated the central bank required additional information ahead of the following month’s policy meeting to assess whether current inflation pressures stem from transitory supply disruptions or reflect a more entrenched price environment.
  Daly emphasized th
  
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• Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

  07-08-2026 13:00 via rocketnews.com
  
  Airbnb delivered second-quarter financial results that surpassed consensus analyst estimates, prompting a 9% stock price increase in extended trading. The company reported revenue growth of 17% compared to the prior year, reaching $3.1 billion, while net income climbed to $816 million from $642 million in the year-ago period.
  The vacation rental platform provided forward guidance that also beat market expectations. For the current period, the company projected revenue between $4.69 billion and
  
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• USD/CAD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

  07-08-2026 12:39 via litefinance.org
  
  Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.4082 with a target of 1.3900–1.3820. A sell signal: the price holds below 1.4082. Stop Loss: above 1.4125, Take Profit: 1.3900–1.3820. Alternative scenario: Breakout and consolidation above 1.4082 will allow the pair to continue rising to the levels of 1.4250–1.4400. A buy signal: the level of 1.4082 is broken to the upside. Stop Loss: below 1.4040, Take Profit: 1.4250–1.4400.Mai
  
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• Gold Returns to the Spotlight. Forecast as of 07.08.2026

  07-08-2026 11:37 via litefinance.org
  
  Throughout the conflict in the Middle East, gold remained in the shadow of other assets amid concerns that rising inflation could prompt the Fed to tighten monetary policy. However, de-escalation is changing the game. Let's discuss this topic and outline a trading plan. Major Takeaways De-escalation has breathed new life into gold. When inflation is high and the Fed holds back, XAU/USD rises. Central bank demand is supporting the precious metal. Weak employment data would provide an opportu
  
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• Short-Term Analysis for Oil, Gold, and EURUSD for 07.08.2026

  07-08-2026 09:31 via litefinance.org
  
  Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro continues to trade in a short-term uptrend.Major TakeawaysUSCrude: Oil prices are retreating from the resistance A of 77.93–77.53. XAUUSD: Gold is testing the upper Target Zone of 4,298–4,267. EURUSD: The euro is facing a minor correcti
  
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• Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2026

  07-08-2026 09:20 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.Ripple appears to be approaching a trend reversal.Major Takeaways BTCUSD: The price continues to decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.00. XRPUSD: The price is declining in the final impulse wave of the zigzag pattern. Consider short positions with a Take Profit at 0.999. ETHUSD: The price is moving lower in a bearish impu
  
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• Dollar Heads for Weekly Gain as Markets Await Key Jobs Data. Forecast as of 07.08.2026

  07-08-2026 08:16 via litefinance.org
  
  Kevin Warsh's reserved communication style leaves investors searching for signals in the economic data, increasing uncertainty and market volatility. The upcoming employment report could become the next major catalyst. Let's examine the outlook and develop a trading plan for the EUR/USD pair.Major Takeaways The deal between Oman and Iran is raising doubts. Rising oil prices are strengthening the dollar. The Fed is more tolerant of a strong labor market. Weak employment data can provide an opport
  
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• Private Hiring Stalls in July, Complicating Everything

  06-08-2026 23:01 via rocketnews.com
  
  Private employment growth stalled in July as the American private sector added 44,000 positions, substantially underperforming consensus forecasts of 75,000 new jobs. The figure represented a significant deceleration from June’s revised total of 95,000 and marked the slowest pace since January.
  Education and health services accounted for 36,000 of the month’s total job gains, with the remaining 8,000 positions distributed across the broader economy. Employment in trade and transport
  
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• Kraft Heinz Q2 2026 earnings beat, raises annual forecast

  06-08-2026 23:01 via rocketnews.com
  
  Kraft Heinz raised its full-year guidance on Wednesday following better-than-expected second-quarter performance. The company now projects organic sales to decline between 0.5% and 2.0% for the full year, compared with its prior forecast of a 1.5% to 3.5% decline. The company also adjusted its annual adjusted earnings per share outlook to a range of $2.03 to $2.09, up from the earlier guidance of $1.98 to $2.10. As part of its strategic shift, Kraft Heinz said it would boost incremental investm
  
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• Corn Extending Weakness to Tuesday

  06-08-2026 23:01 via rocketnews.com
  
  Corn markets continued a downward trajectory, with futures contracts experiencing additional declines during the Wednesday session. December contract futures closed the previous day at $4.65½, down 7 cents, while September contract futures finished at $4.42¼, down 7 cents. The nearby cash price settled at $4.13½, reflecting a loss of 7¼ cents. March futures closed at $4.81½, down 6¾ cents.
  Several factors contributed to the weakness in corn markets. Cru
  
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• Wheat Posting a Wednesday Morning Rebound

  06-08-2026 23:00 via rocketnews.com
  
  Wheat markets experienced a rebound on Wednesday morning following declines the previous day. The wheat complex had faced downward pressure on Tuesday, with all three major markets closing lower.
  Chicago SRW futures contracts had declined 11 to 14 cents on Tuesday, while KC HRW futures fell 9 1/2 to 11 1/4 cents across various contract months. Minneapolis spring wheat also posted losses, declining 5 1/2 to 10 3/4 cents across most contracts. Open interest rose 1,994 contracts during the selling
  
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• US sustainable funds see positive inflows for first time since 2022: Morningstar

  06-08-2026 23:00 via rocketnews.com
  
  U.S. sustainable funds returned to positive territory during the second quarter with nearly $3 billion in net inflows, reversing a prolonged downturn that had lasted more than three years. The inflows represented a 0.8% organic growth rate for sustainable funds domiciled in the country. This marked the first time since 2022 that the sector had experienced net inflows rather than withdrawals.
  Despite the gains in sustainable funds, conventional funds continued to demonstrate stronger investor de
  
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• Kyndryl shares slip after first-quarter results miss expectations

  06-08-2026 23:00 via rocketnews.com
  
  Kyndryl Holdings reported first-quarter fiscal 2027 results for the quarter ended 30 June 2026 that fell short of Wall Street expectations on both profitability and revenue metrics. The enterprise technology services company posted an adjusted loss of $0.12 per share against analyst forecasts for break-even earnings. Revenue reached $3.6 billion, trailing the consensus estimate of $3.67 billion and representing a 3% decline from the prior-year quarter on both reported and constant-currency base
  
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• What Are Take-Profit and Stop-Loss Orders?

  06-08-2026 16:35 via litefinance.org
  
  Trading in financial markets is always a balance between risk and reward. Every trader, regardless of experience, faces a dilemma: how to limit losses without missing out on profitable trades. This is where two crucial tools come into play—stop-loss and take-profit orders.Without a clear understanding of stop-loss and take-profit orders, it is difficult to build a sustainable trading strategy. Effective risk management protects your deposit from emotional decisions, while disciplined tradi
  
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• Aussie Braces for Tough Road Ahead. Forecast as of 06.08.2026

  06-08-2026 13:24 via litefinance.org
  
  The Reserve Bank of Australia's decision to pause its monetary tightening cycle after three consecutive cash rate hikes has deprived the AUD/USD pair of its main advantage. However, that advantage was not the only driver behind the aussie's rally. Let's discuss this topic and develop a trading plan.Major TakeawaysThe RBA is not expected to raise interest rates. China's economy is slowing down. Stock indices are supporting the Australian dollar. The direction of the AUD/USD depends on the US empl
  
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• Westlake Chemical Partners LP Q2 2026 Earnings Call Summary

  06-08-2026 13:02 via rocketnews.com
  
  Westlake Chemical Partners LP outlined its financial performance and strategic positioning during its second-quarter 2026 earnings presentation. The partnership generated net income of $14 million sequentially, maintaining consistency with prior-period results. Distributable cash flow increased by $3 million compared to the year-earlier period, primarily attributable to elevated production volumes and the absence of substantial maintenance expenditures that had occurred in the prior year.
  The p
  
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• Wayfair Inc. Q2 2026 Earnings Call Summary

  06-08-2026 13:02 via rocketnews.com
  
  Wayfair Inc. posted second-quarter results highlighting revenue growth of 7.5% supported by a 6% expansion in orders, the strongest sequential Q2 performance since 2020. The gain reflected high single-digit market share gains across the company’s broader portfolio, according to management commentary during the earnings call.
  The U.S. segment expanded 8.7%, which management attributed to its emphasis on price, selection, and speed, combined with newly launched programs including Wayfair Re
  
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• Revvity, Inc. Q2 2026 Earnings Call Summary

  06-08-2026 13:02 via rocketnews.com
  
  Revvity reported better-than-expected second-quarter results, which management attributed to an improving spending environment across the pharmaceutical and biotechnology sectors. The company has now recorded three consecutive quarters of strengthening end-market conditions. Full-year organic growth guidance was increased to a range of 4% to 5%, reflecting heightened confidence in the durability of the pharma and biotech recovery observed during the first half of the year.
  Orders are climbing f
  
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• Novo Nordisk shares slide after guidance disappoints investors

  06-08-2026 13:02 via rocketnews.com
  
  Shares of Novo Nordisk declined approximately 6% following the release of updated financial guidance that fell short of investor expectations, despite the company raising its 2026 outlook from previous estimates.
  The pharmaceutical company narrowed its 2026 adjusted sales outlook to a range of down 6% to flat at constant exchange rates, compared with its prior guidance of down 4% to 12%. Similarly, the company adjusted its outlook for adjusted operating profit to a range of down 6% to flat, rev
  
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• Certara, Inc. Q2 2026 Earnings Call Summary

  06-08-2026 13:02 via rocketnews.com
  
  Certara, Inc. outlined strategic changes during its second-quarter earnings discussion, emphasizing a shift from generalist to specialist sales operations. The company hired PhD-led science teams to better serve clients requiring complex modeling services, representing a departure from its previous engagement approach.
  The divestiture of the regulatory and medical writing business was presented as a critical strategic decision to strengthen the core software-services platform and enhance financ
  
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• Trex Company, Inc. Q2 2026 Earnings Call Summary

  06-08-2026 13:01 via rocketnews.com
  
  Trex Company attributed its second-quarter sales performance to widespread demand growth across product categories, with particular strength from entry-level consumer purchases returning for the first time in four years. Management noted that growth occurred simultaneously across all pricing tiers rather than following a bifurcated consumption pattern.
  The company is undertaking a restructuring of its North American distribution network intended to streamline operations and capture approximatel
  
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• Tanger CEO says World Cup drove up traffic, sales this summer

  06-08-2026 13:01 via rocketnews.com
  
  Tanger Factory Outlet Centers reported elevated traffic and sales during June and July, which company leadership attributed to international and domestic tourism surrounding the World Cup. CEO Stephen Yalof noted in a Wednesday interview that the event presented an opportunity to introduce the brand to new visitors who might become long-term customers if they had positive experiences.
  The company operates shopping centers in eight of the eleven host cities for the tournament. Yalof stated that
  
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• Stevanato Group S.p.A. Q2 2026 Earnings Call Summary

  06-08-2026 13:01 via rocketnews.com
  
  Stevanato Group S.p.A. delivered second-quarter results reflecting broad-based growth across its pharmaceutical and diagnostic solutions portfolio. Total company revenue expanded 8%, with the Biopharmaceutical and Diagnostic Solutions segment advancing 9%, while the Engineering division experienced a modest contraction. High-value solutions, which now comprise 45% of total revenue, posted accelerated growth of 16% year-over-year, supported by a 30% increase in biologics demand.
  The company comp
  
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• SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat

  06-08-2026 13:01 via rocketnews.com
  
  SoftBank announced first-quarter financial results for its fiscal year that exceeded analyst projections, with net profit reaching 347.3 billion yen compared to expected earnings of 120.23 billion yen. The results represented an approximately 18% decline compared to the same period the previous year.
  The company’s investment division, which operates separately from its Vision Fund operations, generated 1.05 trillion yen in segment profit, largely due to a 1.3 trillion yen gain on its hold
  
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