Trading Opportunities

EURUSD

Will EURUSD avoid its 2017 low?

The Euro has shown plenty of weakness against the US dollar since the beginning of the year. The last significant strength it showed was in the last week of January. Since then, it aggressively shot for its pre-pandemic prices in...
GBPJPY nt

Updated technical GBPJPY price forecast

Some long candles have begun presenting themselves in the GBPJPY daily chart recently, pushing and pulling this pair across a significant range over each trading session. This week, GBPJPY has swung between 156.30 and 161.80. As of writing, the GPYJPY...
zoom netflix nasdaq

Are Nasdaq stocks now reasonably priced?

Over the past two years, technology companies have enjoyed explosive growth as investors were upbeat about the prospects for the sector at a time when people relied on technology to stay connected while cooped up in their homes. Internet firms...
coffee futures nt

What’s brewing with coffee futures?

Like most commodities, London coffee futures saw a massive price uptrend in 2021. However, since the beginning of 2022, it's finally cooled off to an eight and half month low. As a silver lining, perhaps more interesting price action is...
USD

Has US inflation peaked and what this means for the USD?

After reaching a 40-decade high of 8.5% in March, many economists say the US consumer inflation rate has already peaked at that level after the latest print retreated to 8.3% in April. While this offers some hope for US households...
GBPJPY

Do technicals point to more downside for GBPJPY?

This most recent week, we saw GBP/JPY following the same bearish direction as the previous three weeks, with its strongest impulse happening during Wednesday's New York session. When looking at the weekly time frame, this pair has been in an...
Will gold traders respect the price trendline?

Will gold traders respect the price trendline?

After making its yearly high back in early March, we’ve seen Gold make a few strong impulses down on the daily and weekly chart. While the last three weeks have shown strong bearishness, the most recent weekly candle from May...
china nt

Which Chinese firms face delisting from US stock exchanges?

Geopolitical tensions between China and the US have escalated in recent years amid efforts by both countries to become the world’s economic powerhouse. Speculations that the Chinese economy would overtake the US by 2030 have led to tit-for-tat tariffs, sanctions,...
nasdaq nt

Why did the Nasdaq Index fall 5% on Thursday?

The Nasdaq Composite Index, the benchmark for technology stocks in the US, fell to its lowest level since November 2020 on Thursday, May 5, which can be attributed to a number of factors, including lacklustre earnings from e-commerce firms like...
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