Forecasts & Analysis
Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 4th, 2021
It’s a mixed start to the day for the majors, with Ripple’s XRP seeing red early on. Following Wednesday’s gains, expect the pivot levels to be key today.
Gold Price Futures (GC) Technical Analysis – Closed on Weak Side of $1846.00 – $1869.10 Retracement Zone
A sustained move under the main Fibonacci level at $1846.00 should keep the downside pressure on prices.
Crude Oil Price Update – Bulls Eyeing More-than-One-Year High at $57.41
Unless there is a dramatic closing price reversal top that temporarily stalls the rally, March WTI crude oil appears to be headed to $57.41.
Fashion Giant Capri’s Shares Jump 7.2% on Profit Beat; Target Price $58 in Best Case
The global fashion luxury group Capri Holdings reported better-than-expected profit in the fiscal third quarter and said it registered double-digit sales growth in China during the holiday season, sending its shares as high as 7.2% on Wednesday.