Analyst news

• Pompeo expresses outrage to Sisi over death of U.S. citizen

  19-01-2020 14:21 via news.yahoo.com
  
  U.S. Secretary of State Mike Pompeo expressed outrage during a meeting with Egyptian President Abdel Fattah al-Sisi over the "pointless and tragic death" of detained U.S. citizen Moustafa Kassem in Egypt, a U.S. official said on Sunday.The United States on Monday confirmed the death of Egyptian-American Kassem in a prison in Egypt, where he had been in custody since 2013, and vowed to continue to raise concerns over Cairo's human rights record.
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 26.04.24 – 03.05.24

  26-04-2024 13:35 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 81.08 with a target of 94.00 – 100.00.Alternative scenario: breakout and consolidation below the level of 81.08 will allow the asset to continue declining to the levels of 76.50 – 71.00.Analysis: supposedly, a downward correction is completed as second wave of larger degree (2) on the daily chart. The ascending third wave (3) started forming, with wave 1 of (3) developing as its part. On the H4 time frame, the
  
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• USDJPY: Elliott wave analysis and forecast for 26.04.24 – 03.05.24

  26-04-2024 13:05 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 153.60 with a target of 158.34 – 161.50.Alternative scenario: breakout and consolidation below the level of 153.60 will allow the pair to continue declining to the levels of 150.75 – 146.44.Analysis: an ascending wave of larger degree C continues forming on the daily chart, with fifth wave (5) of C unfolding as its part. The third wave 3 of (5) is unfolding on the H4 time frame, with first wave of smaller degr
  
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• GBPUSD: Elliott wave analysis and forecast for 26.04.24 – 03.05.24

  26-04-2024 12:35 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2302 with a target of 1.3000 – 1.3200.Alternative scenario: breakout and consolidation below the level of 1.2302 will allow the pair to continue declining to the levels of 1.2220 – 1.2034.Analysis: the first wave of larger degree (1) is presumably formed, a correction developed as second wave (2), and the ascending third wave (3) started unfolding on the daily chart. On the H4 chart, wave 1 of (3) is formed,
  
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• EURUSD: Elliott wave analysis and forecast for 26.04.24 – 03.05.24

  26-04-2024 12:05 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0600 with a target of 1.1141 – 1.1350.Alternative scenario: breakout and consolidation below the level of 1.0600 will allow the pair to continue declining to the levels of 1.0437 – 1.0218.Analysis: a bearish wave of larger degree A is presumably completed on the daily chart. A bullish wave B started unfolding, with first wave 1 of (A) of B and corrective second wave 2 of (A) of B formed within. Apparently, t
  
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• Silver back in saddle? Forecast as of 26.04.2024

  26-04-2024 11:57 via litefinance.org
  
  In 2022-2023, there has been much debate as to whether gold and silver act as hedging against inflation. However, elevated prices in 2024 have pushed XAGUSD quotes up 15% YTD. Let's discuss it and make a trading plan for XAGUSD.Monthly fundamental forecast for silverThe de-escalation of the conflict in the Middle East was a real blow to XAGUSD bulls. Prices were heading towards the first of two previous targets of $30.6 and $32.2 an ounce. Still, Iran's inaction in response to Israeli
  
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• USDCHF: Elliott wave analysis and forecast for 26.04.24 – 03.05.24

  26-04-2024 11:35 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9235 with a target of 0.8325 – 0.8050. Alternative scenario: breakout and consolidation above the level of 0.9235 will allow the pair to continue rising to the levels of 0.9451 – 0.9838.Analysis: the downside fifth wave of larger degree (5) is presumably unfolding on the daily time frame. As its part, wave 1 of (5) is formed, a bullish correction is completed as second wave 2 of (5), and the third wave
  
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• USDCAD: Elliott wave analysis and forecast for 26.04.24 – 03.05.24

  26-04-2024 11:05 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3553 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3553 will allow the pair to continue declining to the levels of 1.3418 – 1.3170.Analysis: the ascending first wave of larger degree (1) continues developing on the daily time frame, with wave 5 of (1) forming as its part. The third wave of smaller degree iii of 5 is developing on the H4 chart, wi
  
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• Prizes awarded to first winners of Lucky Ticket Ghana 2024

  26-04-2024 09:36 via litefinance.org
  
  Dear Clients,The first stage of Lucky Ticket contest for Ghanaian traders has come to an end, and it's time to announce the results.We are pleased to announce three Lucky Ticket winners:Mr. Emmanuel Edmund receives a Macbook Pro; Mr. Reuben Daliwe Agyegelone won a Sony Playstation 5 gaming console; Mr. Gyamerah Apau Kofi receives a Samsung 4K Smart TV.
  We congratulate the winners and wish them profitable Forex trading!You can watch interviews with the contest winners below.There are two more sta
  
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• Short-term analysis for oil, gold, and EURUSD for 26.04.2024

  26-04-2024 09:18 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro is testing the short-term downtrend's boundary.Oil price forecast for today: USCrude analysisOil is rising from support (B) 82.06 - 81.57 within a short-term bullish trend. Today, the price reached the April 24 high. If the price consolidates ab
  
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• USD: not according to plan. Forecast as of 26.04.2024

  26-04-2024 09:14 via litefinance.org
  
  At the beginning of the year, Fed officials were ready to cut rates even against the backdrop of a strong economy. However, by the end of April they intend to hold them in conditions when the economy is cooling. What happened? How will this affect EURUSD? Let's discuss this topic and make up a trading plan.Daily US dollar fundamental forecastFinancial markets reacted sharply to the release of US GDP data for the first quarter! The S&P 500 opened with a gap down, but managed to recover m
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 26.04.2024

  26-04-2024 08:47 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.All cryptocurrencies are developing according to previously provided forecasts.Elliott wave Bitcoin analysisCorrection (4) continues to develop as a triple zigzag. Sub-waves W-X-Y have been completed. Now, the price is moving up in the linking sub-wave XX. It will soon take the shape of the standard
  
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• Boston Beer reports a surprise profit as Twisted Tea shipments keep growing

  25-04-2024 23:17 via rocketnews.com
  Boston Beer’s stock surged in after-hours trading Thursday, after the beer brewer reported a surprise first-quarter profit and revenue that rose well above forecasts, fueled by volume increases, pricing and lower returns.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnBoston Beer’s stock surged in after-hours trading Thursday, after the beer brewer reported a surprise first-quarter profit and revenue that
  
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• Alphabet’s stock surges on Triple Crown of first-ever cash dividend, $70 billion stock buyback, strong results

  25-04-2024 22:54 via rocketnews.com
  Google parent Alphabet Inc.’s stock initially soared 16% in after-hours trading Thursday following huge spikes in revenue and net income that trounced analysts’ predictions — as well as its first-ever cash dividend of 20 cents per share.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnGoogle parent Alphabet Inc.’s stock initially soared 16% in after-hours trading Thursday following huge spikes
  
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• Here’s how much money the top 2024 NFL draft picks will earn on their rookie contracts

  25-04-2024 22:40 via rocketnews.com
  Dropping a few spots can cost players millions. In 2023, Kentucky quarterback prospect Will Levis was selected much later than expected, and lost out on tens of millions of dollars.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnDropping a few spots can cost players millions. In 2023, Kentucky quarterback prospect Will Levis was selected much later than expected, and lost out on tens of millions of dollars.nnDiscussi
  
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• GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen

  25-04-2024 20:48 via rocketnews.com
  Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice
  
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• Is another inflation scare coming? GDP seems to say yes.

  25-04-2024 19:34 via rocketnews.com
  A surprisingly high inflation reading in the first quarter has raised anxiety about whether a key price index in March could be worse than expected and could lower the odds of U.S. interest-rate cuts.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnA surprisingly high inflation reading in the first quarter has raised anxiety about whether a key price index in March could be worse than expected and could lower the odds
  
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• The timing may be just right to buy Nvidia or other semiconductor stocks

  25-04-2024 17:47 via rocketnews.com
  So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star Nvidia Inc. have declined 12% this month.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnSo far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star N
  
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• Hertz to sell 10,000 more EVs than planned, and stock suffers record plunge

  25-04-2024 17:09 via rocketnews.com
  Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnHertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded
  
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• First Citizens’ stock boosted by first-quarter earnings, while Valley National shares drop

  25-04-2024 17:06 via rocketnews.com
  First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnFirst Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday,
  
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• Trump’s immunity case goes to the Supreme Court today. Here’s why it matters.

  25-04-2024 14:58 via rocketnews.com
  The Supreme Court will hear arguments Thursday by Trump lawyers that the former president is constitutionally immune from prosecution on criminal charges that he conspired to overturn the results of the 2020 election.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe Supreme Court will hear arguments Thursday by Trump lawyers that the former president is constitutionally immune from prosecution on criminal charges t
  
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• Hertz to sell 10,000 more EVs than planned and swings to a large loss

  25-04-2024 14:48 via rocketnews.com
  Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnHertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded
  
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• Deutsche Bank expects fewer U.S. commercial real estate provisions in second half

  25-04-2024 14:37 via rocketnews.com
  Deutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said they will start to gradually decline.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnDeutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said t
  
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• Oil prices hold steady as traders weigh U.S. demand concerns

  25-04-2024 14:26 via rocketnews.com
  Oil prices remained unchanged on Thursday early morning, with Brent crude near $87 per barrel after settling lower the previous day as U.S. data showed a drop in weekly demand for gasoline.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnOil prices remained unchanged on Thursday early morning, with Brent crude near $87 per barrel after settling lower the previous day as U.S. data showed a drop in weekly demand for gas
  
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• American Airlines’ stock jumps after an upbeat profit outlook and record revenue

  25-04-2024 14:13 via rocketnews.com
  American Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter, as revenue rose to record levels
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnAmerican Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter,
  
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• Yen crosses critical line in sand. Forecast as of 25.04.2024

  25-04-2024 12:17 via litefinance.org
  
  You have to be in the right place at the right time to be successful. The Japanese government understands this very well. It is on the verge of intervening in the currency markets to tame USDJPY bulls. Will this move bear fruit? Let's discuss the Forex outlook and make up a trading plan.Weekly fundamental forecast for Japanese yenEverything must be done on time. While traders wonder at what level the currency intervention threshold is set, the Japanese government is wait
  
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• Short-term analysis for oil, gold, and EURUSD for 25.04.2024

  25-04-2024 09:19 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro continues to trade in a correction to the short-term downtrend.Oil price forecast for today: USCrude analysisOil is trading in a short-term bullish trend. Last week, the price tested the trend's key support 82.06 - 81.57. Bulls managed to hold t
  
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• Should we doubt the USD? Forecast as of 25.04.2024

  25-04-2024 09:15 via litefinance.org
  
  The US economy's share of global GDP has reached its highest level in nearly two decades. American exceptionalism really supports EURUSD bears. However, will this process last indefinitely? Let's discuss this topic and make up a trading plan.Daily US dollar fundamental forecastDisappointing statistics on US business activity and core orders for durable goods raise doubts about whether the US economy is as strong as commonly believed. The data may not be as significant as reports on the labo
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 25.04.2024

  25-04-2024 08:40 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.All cryptocurrencies are developing according to previously provided forecasts.Elliott wave Bitcoin analysisCorrection (4) continues to develop as a triple zigzag. Sub-waves W-X-Y have been completed. Now, the price is moving up in the linking sub-wave XX. It will soon take the shape of the standard
  
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• Mining giant BHP offers to buy rival Anglo American in potential megadeal

  25-04-2024 04:27 via rocketnews.com
  Mining giant BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnMining giant BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining
  
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