Forecasts & Analysis
Bitcoin Loses $8,000 as Tesla Stops Bitcoin Payment
The world’s most popular crypto, suffer heavy losses in the early hours on Thursday, as panic strengthened in the crypto-verse.
Sonos Stock Rises 20% on Earnings Beat; Target Price $47 in Best Case
Sonos shares surged as much as 20% in after trading hours on Wednesday after the developer and manufacturer of audio products reported better-than-expected earnings in the fiscal second quarter and lifted its full-year 2021 revenue outlook.
EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – May 13th, 2021
It’s a bullish start to the day for the majors. Failure to move through the day’s pivot levels, however, would bring support levels back into play.
European Equities: Another Quiet Economic Calendar Leaves U.S Economic Data in Focus
It’s a quiet day ahead on the Eurozone economic calendar. The lack of stats will leave U.S wholesale inflation and jobless claim figures to influence.
Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 13th, 2021
It’s been a choppy start to the day for the majors. A move through the day’s pivot levels would bring resistance levels into play, however.
May 13th 2021: Dollar Index Higher Following Surge in US Consumer Prices
USD bids strengthened their grip Wednesday, lifted on the back of a rise in US Treasury yields in addition to stronger-than-anticipated US inflation data.