Forecasts & Analysis
EUR/GBP Bullish Reversal Continues After ABC Bounce at 61.8% Fib
EUR/GBP made a bullish bounce at the 61.8% Fibonacci retracement level. Is this a confirmation signal of an upcoming bullish reversal?
Earnings to Watch Next Week: Home Depot, Walmart, Target and Deere in Focus
Following is a list of company earnings scheduled for release May 17-21, along with earnings previews for select companies. Next week’s earnings are probably not much significant for major market movements, but it is adequate to gauge investors’ sentiment.
Gold Works Whilst Stagflation Lurks
Welcome to our 600th consecutive Saturday Edition of The Gold Update. “Ain’t missed a one, hon!” And to all of our valued readers, linkers, publishers and broadcasters across the past decade and ’round the world, our humble and heartfelt thanks. You are why we’ve made it this far.
Weekly Technical Market Insight: 17th – 21st May 2021
Technically, while 90.00 support on the dollar index served buyers last week, the level communicates a somewhat vulnerable tone. Read the in-depth analysis here.
Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 15th, 2021
It’s a bullish start to the day for the majors. Steering clear of the day’s pivot levels would support further upside for the day ahead.
Gold Is Still Range Bound, But Market Sentiment Shifting To Bullish
While gold posting strong gains on the day, on a week-by-week basis gold futures closed very close to its opening price on Monday.
S&P 500 Weekly Price Forecast – Stock Market Recovered Quite Nicely
The S&P 500 initially fell during the course of the week as people were worried about inflation, only to see those fears dissipate on Thursday and Friday.
Silver Weekly Price Forecast – Silver Markets Pullback but Find Buyers
Silver markets have pulled back significantly from the $28 level during the course of the week but have seen buyers jump back in to pick up momentum to the upside again.