Category: US Market
What to Expect from Q4 Results
Alphabet’s Earnings – What to ExpectSource: RefinitivFor Alphabet’s upcoming results, expectations are for a broad recovery on all fronts. Double-digi [...]
S&P 500 and Gold (XAU/USD) Take Diverging Paths Ahead of a Raft of Data Releases
S&P 500 & GOLD PRICE FORECAST:Gold (XAU/USD) Struggles as Sentiment Improves. Will a Sustainable Move Above $2000/oz Materialize?S&P 500 E [...]
CB Consumer Confidence Declines Ahead of FOMC
CB Consumer Confidence Key Points:CB Consumer Confidence decreases to 107.1 (vs est 109) - higher interest rates weigh on the business confidence and [...]
Dollar’s Post-CPI Tumble Already Leveling Out as Focus Shifts to FOMC
Dollar, EURUSD, GBPUSD, USDJPY, FOMC and CPI Talking Points:The Market Perspective: USDJPY Bearish Below 137; GBPUSD Bullish Above 1.2300; EURUSD Bull [...]
Dollar Forecast Loaded with Volatility Potential but Can It Find a Trend?
US Dollar Fundamental Forecast Talking Points:The Dollar has put in for a significant retreat these past few months, but recent bearish progress has [...]
EUR/USD Grasps for Support – Has the Euro Topped?
EUR/USD, Euro Talking Points:Last week produced a strong breakout in EUR/USD but that move has so far stalled this week, with a major level coming int [...]
USD Slammed, Gold and EURUSD Jump After CPI
USD, Gold, EUR/USD Talking Points:This morning brought the release of CPI data out of the US for the month of October.The data came in well-below expe [...]
EUR/USD Pulls Back, DAX Pushes Breakout After ECB’s 75 bp Hike
Euro talking points:This morning brought the October ECB rate decision and press conference with the European Central Bank hiking rates by 75 basis po [...]
S&P 500, Nasdaq, Dow Jones Forecast into Earnings
Indices Forecast:The S&P 500 is set up for a possible bullish breakout, testing a key point of resistance that currently marks the October highs.A [...]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
US Dollar Talking Points:The US Dollar is putting in a bounce from the s1 area of support looked at coming into this week. Price had built in a falli [...]
Gold Prices Grind Support as XAU/USD Breakouts Brew
Gold Talking Points:While stocks have started to attempt recovery from last week’s sell-off, even as US yields have remained strong, gold has continue [...]
Pre-market Shares Jump on Q3 Revenue Beat
Earnings Per Share (EPS) Actual $3.12 Vs $2.88 Estimated.Adjusted Revenue Actual $33.49bn Vs $32.35bn Estimated.Equity Sales and Trading revenue Actu [...]
British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP
British Pound Talking Points:GBP/USD was in a difficult spot earlier in September and the problem has continued to devolve.It’s a negative feedback ty [...]
BoJ Tonight, USD/JPY Near Highs
Japanese Yen Talking Points:The Yen remains weak against most currencies with USD/JPY holding very near the 145 resistance that hasn’t yet given way.N [...]
EUR/USD Pushes Back to Parity but Can Euro Bears Leave it Behind?
EUR/USD Talking Points:EUR/USD started the week with a bounce in its step and that was quickly stepped on after yesterday’s CPI print out of the Unit [...]