Floki (FLOKIUSD) Could Rise From the Ongoing Trendline Support
Floki is still quite positive even if it has been trending lower all week. Analysts devised an overarching strategy for Floki crypto, expecting a 2,000% boom for the famous meme currency and Shiba Inu opponent.
JPMorgan Chase & Co (JPM) Holds the Buying Pressure Ahead of the Q3 Earnings Report
This week, investors will watch JPMorgan Chase (JPM) to see how rate reductions will affect the larger banking sector as the company launches its third-quarter earnings from major banks.
Can Wheat Rebound as the Price Remained Sideways From 3-Month High?
After plunging precipitously, the Wheat price rebounded from the three-and-a-half-month highs. Reports that bad weather could harm Russia’s wheat crop and increased anxiety over supply interruptions after a drone attack at a Ukrainian stream port caused wheat to spike.
Can PepsiCo Stock (PEP) Rise From the Current Dip?
It is anticipated that difficulties facing PepsiCo's North American operations have impacted the business's earnings in the third fiscal quarter of 2024. Investors should monitor how the management aims to overcome the situation, which will help to find the future price of PEP stock.
Weekly Market Overview and Forecast 1007 - 1013
Weekly Market Overview and Forecast for the week of 07 October - 13 October, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Chainlink (LINK) Reached a Crucial Supply Zone: What's Next?
The Chainlink price (LINKUSD) has drawn attention as it approaches significant resistance levels. A number of technical indicators point to possible further moves.
How Could Constellation Brands (STZ) Perform With the Sluggish Demand?
Constellation Brands (STZ) has encountered difficulties in the wine and spirits sector, mostly due to challenging conditions across the majority of price points. The company has also had to contend with increased corporate expenses.
Nike Stock (NKE) Needs a Solid Reason to Form a Bullish Recovery
It is anticipated that Nike's first-quarter monetary 2025 result was impacted by persistent difficulties with lifestyle revenue from goods, difficulties in the company's operations in Greater China, several EMEA areas, and soft trends in digital sales.
Can Natural Gas Price Move Higher From the Breakout Point?
The Natural Gas (NG) price has jumped to a high of three and a half months, signaling a potential upward continuation. Moreover, weekly EIA natural gas stocks increased less than anticipated on Thursday, which provided carryover support for rising natural gas prices.
Weekly Market Overview and Forecast 0930 - 1006
Weekly Market Overview and Forecast for the week of 30 September - 06 October, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Can Hang Seng Index (HK50) Move Higher From the Valid Breakout?
In the daily chart of HK50, a massive buying pressure is seen taking the price to a multi-month high. A bullish breakout has initiated a trend change, supporting buyers momentum.
Can EURAUD Rebound as the Price Remains Steady Within a Bullish Wave?
While the New Zealand dollar hit its highest level of the year, the Australian dollar took advantage as inflation figures decreased more than anticipated and did not work to move the knob on rate cuts.
Can Micron Stock (MU) Rebound Violating the Death Cross Formation?
Micron Technology, Inc. (MU) will release its fourth-quarter fiscal year 2024 results on September 25, following market close.
Dogecoin Price (DOGE) Approaches the Breakout Level
For the last five months, the price of Dogecoin (DOGEUSD) has been moving inside a descending wedge, a pattern that is frequently linked to future breakouts.
Can AutoZone Stock (AZO) Remove the Sideways Momentum After the Q4 Earnings Report?
AutoZone stock (AZO) could be an attractive investment opportunity, as the current price hovers above some crucial lines. Investors should closely look at the upcoming earnings report to gauge the future price of this stock.
Weekly Market Overview and Forecast 0923 - 0929
Weekly Market Overview and Forecast for the week of 23 September - 29 September, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Longfor Group Stock Could Soar After Breaking Out From the High Volume Line
Following the overnight half-percentage-point of Federal Reserve reduction and expectations of more stimulus from Beijing, Chinese real estate stocks like Longfor stock (LONGFOR) spiked higher on Thursday.
Lennar Stock (LEN) Remains Within a Rising Wedge Pattern Ahead of the Q3 Earnings Report
Lennar Corporation (LEN) is scheduled to release its third-quarter fiscal 2024 outcomes, which ended on August 31. The estimated consensus revenue figure is $9.29 billion, indicating a 6.4% increase over the $8.73 billion reported a year ago.
Russell 2000 Remains Steady Ahead of the FOMC Meeting
The 4.23% weekly gain led to the biggest three indexes in the Russell 2000. Also, the upcoming FOMC meeting could be a crucial price director for the small-cap index.
Weekly Market Overview and Forecast 0916 - 0922
Weekly Market Overview and Forecast for the week of 16 September - 22 September, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
How Could Cardano Price (ADA) React as Whales Are Securing Profits?
Cardano (ADA) has surged in value by more than 6.8% in the previous week and moved above the crucial intraday resistance. This cryptocurrency is currently attempting higher price ranges, where some challenges are seen from the fundamental’s perspective.
Can Fedex Stock (FDX) Rebound as the Earnings Expected to Grow?
FedEx (FDX) is expected to release its earnings report ending August 2024, where greater revenues are anticipated to produce a year-over-year increase in profitability.
Sui Price (SUI) Could Soar From a Valid Inverse Head & Shoulders Breakout
Investors in altcoins have been talking a lot about Sui (SUI), especially now that its price has increased significantly and has gained positive momentum. Sui (SUI) has gained popularity fast by introducing its stablecoin, AUSD, and its function in promoting DeFi actions on the platform.
Can USDJPY Rebound as the Price Approached the Yearly Low?
For the second day in a row, the USD/JPY is losing ground, closing below the 143.00 level. In the wake of comments made by Bank of Japan (BoJ) trustee Junko Nagakawa, the Japanese Yen (JPY) is still strong.
Kroger (KR) Remains Steady Above the $50.00 Level: More Upside Pressure to Come
Kroger (KR) anticipates a quarterly profit of $0.91 this week, which might provide a decent long signal. However, the technical outlook remains neutral, from where a range breakout is needed before forming a trend.
Silver Price (XAGUSD) Awaits a Direction From the US CPI Release
Silver price (XAGUSD) increased marginally to almost $28.00 per one troy ounce. Non-yielding resources like silver gain traction as the probability of a 25 basis-point rate reduction from the Federal Reserve (Fed) at the September meeting rises due to weak employment data.
Oracle Stock (ORCL) Could Soar From a Valid Bullish Breakout
Oracle is expected to release its first-quarter fiscal revenue report following Monday's market close.
Weekly Market Overview and Forecast 0909 - 0915
Weekly Market Overview and Forecast for the week of 09 September - 15 September, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
China Vanke Reached the Key Support Level Due to a Business Difficulty
Following its first loss in twenty years, China Vanke Co. is beginning to raise red flags regarding its ability to pay back debt.
NZDUSD Bulls Might Find a Hope From a Valid Discounted Zone
The NZDUSD pair is losing momentum for the fourth day in a row, before this week's important economic reports Nonfarm Payrolls (NFP) and ISM Services PMI, which could provide hints about the scope of the Fed's possible interest rate cuts this month.
Can Dollar Tree (DLTR) Recover From the Multi-Year Low With the Upbeat Earnings Projection?
When Dollar Tree, Inc. (DLTR) releases its second-quarter fiscal 2024 findings on September 4, it is expected to see a top-line increase. The $8.5 billion Consensus Estimate for earnings is a 2.5% increase over the same quarter last year.
Solana (SOLUSD) Bulls Need a Valid Push From Wallet Activity
The price of Solana (SOLUSD) has followed one of the most disappointing paths as volatility keeps gains at bay.
Zscaler (ZS) Bulls Could Find a Hope From the Cup & Handle Pattern Formation
Over the last month, the returns on the stock of cloud-based security software provider Zscaler have been +11.6%, while the S&P 500 composite has changed by +3.2%.
Weekly Market Overview and Forecast 0902 - 0908
Weekly Market Overview and Forecast for the week of 02 September - 08 September, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Meituan Stock Could Soar From the Rally-Base-Rally Formation
The Chinese food delivery behemoth Meituan, announced a share buyback and reported better-than-expected quarterly results, which sent its shares skyrocketing.
Gold (XAUUSD) Holds the Buying Pressure at the All-Time High
This week, gold price fell below $2,520 an ounce as traders awaited new indications regarding the extent of the Federal Reserve's impending interest rate reduction.
Salesforce Stock (CRM) Formed a Bullish Pre Breakout Structure
Salesforce (CRM) is scheduled to release its second-quarter fiscal 2025 findings on August 28. The company's second-quarter non-GAAP EPS is expected to be $2.35, representing a 10.9% year-over-year rise.
Chainlink (LINK) Needs a Valid Push to Form a Bullish Trend Reversal
Chainlink price (LINK) has increased significantly recently, continuing the upward trend seen over the last few days. This upward trend highlights investor interest and is consistent with larger changes in the bitcoin market.
PDD Stock Aimed to Rise From the 50 Day SMA Line
PDD Holdings Inc. (NASDAQ: PDD) is a prominent e-commerce company that is worth considering investments in. It owns two online retail websites, Temu and Pinduoduo.
Weekly Market Overview and Forecast 0826 - 0901
Weekly Market Overview and Forecast for the week of 26 August - 01 September, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Xiaomi Stock Aimed to Extend the Buying Pressure Following the Upbeat Earnigns Report
Xiaomi stock surged in Hong Kong after the smartphone and gadget maker beat on revenue and reported higher-than-expected profits from its recently launched electric car business.
Wheat Prices Remained Bearish At the Record Low
Although there were indications that wheat was at least forming a bottom, the three U.S. wheat futures exchanges were trading close to some of their lowest points in recent memory.
Synopsys Stock (SNPS) Remains Sideways Ahead Of the Q3 Earnings Report
Synopsys Inc. (SNPS) will release its Q3 fiscal 2024 outcomes on August 21, following market close. Investors will closely monitor how the actual result comes where the upbeat result might find a relief above the 100 day SMA line.
Avalanche (AVAX) Bulls Could Soar After Overcoming The 50 Day EMA Resistance
On-chain activity for Avalanche (AVAX) has been on the rise, which could indicate renewed investor interest in the altcoin. If the AVAX price can show a proper reversal, creating a bottom, investors might find it a valid long opportunity.
Palo Alto Stock (PANW) Formed A Bullish V-shape Recovery
Palo Alto Networks (PANW), a cybersecurity company, is scheduled to release its fiscal Q4 2024 outcomes on August 19. After hitting its 40-week line, PANW stock is now rising.
Weekly Market Overview and Forecast 0819 - 0825
Weekly Market Overview and Forecast for the week of 19 August - 25 August, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
AUDUSD Bulls Remain Steady After The Hawkish RBA
The recent RBA decision and the price action in the technical chart show potential buying pressure in the AUDUSD price.
Polygon (MATIC) Needs A Valid Channel Breakout To Offer A Long Trade
The Polygon price (MATIC) has decreased by 19% over the past 30 days. The token has recovered several times, but the last few weeks have seen extremely lackluster price movement.
Cisco Stock (CSCO) Bull Case Needs A Push From The Earnings Report
On Tuesday, Cisco Systems Inc. (CSCO) shares are up 0.88% to $45.01. Investors and traders will also observe the company's fourth-quarter revenue report, scheduled for this Wednesday after hours.
FTSE 100 (UK100) Continued The Buying Pressure Before Crucial UK Releases
The FTSE 100 kicked off the week with a positive sentiment, increasing the index price by 0.5%. Meanwhile, the mid-cap FTSE 250 followed suit, gaining almost 0.3% in a day.
NU Holdings Stock (NU) Remains Steady Before The Q2 Earnings Report
On August 13, following the bell, Nu Holdings Ltd. (NU) will release its results for the second quarter of 2024. As the current price action is potent for bulls, we may consider it a strong buy, depending on the price action.
Weekly Market Overview and Forecast 0812 - 0818
Weekly Market Overview and Forecast for the week of 12 August - 18 August, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Swire Pacific Remains Steady Despite Weaker H1 Profits
Swire Pacific's traceable profit decreased by 7% to HK$3.91 billion in the initial quarter from HK$4.22 billion in the same period last year. Despite the downbeat earnings report, the stock surged creating a trend continuation momentum.
Is Dogwifhat (WIF) A Buy As It Grabbed Sell Side Liquidity Sweep?
Dogwifhat (WIF), a meme coin based in Solana, has experienced a notable rise in price and valuation over the last two weeks, with an increase of 63% in value. As a result, WIF hit its record-high monthly valuation of $2.81.
Is Disney Stock (DIS) A Buy As The Current Price Trades Lower Before The Q3 Earnings Report?
The Walt Disney Company (DIS) is scheduled to release its third-quarter fiscal 2024 data on August 7. With revenues estimated at $22.86 billion, the analysts project a 2.4% increase in revenue over the reported amount for the same quarter last year.
EURUSD Soared After A Weaker NFP: More Upside Pressure To Come
The EURUSD pair continues to rise and extends buying pressure above 1.0900. The milder Greenback supports the major pair's upswing following the release of dismal US jobs statistics.
Can Shopify Stock (SHOP) Surge As It Has An Upbeat Earnings Projection?
Shopify Inc. will release its quarterly earnings report this week. The earnings per share could come at $0.20, representing a 42% increase on a year-over-year basis.
Weekly Market Overview and Forecast 0805 - 0811
Weekly Market Overview and Forecast for the week of 05 August - 11 August, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Is Brent Crude Oil (UKOUSD) A Buy As it Hovers At A Crucial Demand Zone?
After the death of a Hamas leader in Iran brought up concerns about the potential for a broader Middle East conflict and its potential effects on oil prices, oil prices increased on Wednesday, creating a bullish, engulfing candlestick formation.
Bitcoin Cash (BCH) Could Soar From The Valid Inverse Head and Shoulders Breakout
From the start of the Bitcoin conference through the weekend and into Monday, Bitcoin Cash price increased significantly. Presidential contenders Donald Trump and Robert F. Kennedy Jr. gave enormous assurances to the Bitcoin and cryptocurrency communities, is probably the reason for the gains.
Amazon Stock (AMZN) Could Pop On Upbeat Earnings Report
On August 1, Amazon (AMZN) will release its results for the second quarter of 2024. The company projects revenues of $144 billion to $149 billion, or a 7–11% increase over the previous year.
EURJPY Bears Might Find A Boost From The BoJ's Intervention
The EURJPY cross is still set defensively at the 166.00 area as traders increase their bets on the possibility of the Bank of Japan (BoJ) increasing rates on Wednesday. Meanwhile, the Japanese Yen (JPY) persists in a rally.
Can AMD Stock Move Higher With The Data Center Growth?
Advanced Micro Devices (AMD) will release its fiscal Q2 earnings report this week, which might show an upbeat earnings per share.
Weekly Market Overview and Forecast 0729 - 0804
Weekly Market Overview and Forecast for the week of 29 July - 04 August, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Is Sui (SUIUSD) A Buy As Development Activity Surges?
According to a recent report, Sui has experienced remarkable growth in the developer community. However, the SUI price has failed to show remarkable growth as a valid bottom has not been formed.
Google Stock (GOOGL) Could Find A Bottom After The Q2 Earnings Report
Google's parent firm, Alphabet (GOOGL), posted solid second-quarter earnings this week, exceeding analyst estimates for revenue and earnings per share.
Weekly Market Overview and Forecast 0722 - 0728
Weekly Market Overview and Forecast for the week of 22 July - 28 July, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
USDJPY Showed A Counter Impulsive Bearish Pressure: A Trend Reversal Is Possible
The US Dollar Index (DXY) has declined to about 103.70. The Japanese Yen also showed a positive outlook, as the recent fundamental outlook indicated a possibility of reversal of the trend.
Bonk Inu (BONK) Skyrockets At Monthly High: More Upside Pressure To Come
Bonk Inu (BONK) has shown significant upside pressure in the past 24 hours, reaching a one-month high of $0.00002900. As a result, it has become the largest meme coin by market capitalization within the Solana ecosystem.
JNJ Stock Looks Attractive To Value Investors Before The Q2 Earnings Report
Johnson & Johnson (JNJ) is expected to disclose its Q2 earnings reports on July 17, where the current expectation is $22.38 billion in revenue and earnings of $2.71 per share.
BAC Stock Remains Steady Before The Q2 Earnings Report Release
Investors eagerly anticipate the release of Bank of America's forthcoming earnings report on July 16, 2024. The ongoing market outlook is already bullish, so any upbeat result could be positive.
Weekly Market Overview and Forecast 0715 - 0721
Weekly Market Overview and Forecast for the week of 15 July - 21 July, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
USDCAD Found A Ground After The Shofter US Inflation: A Bullish Continaution Is Possible
After rebounding from the two-month low, the USDCAD pair currently trades with a corrective downward pressure. This decline is due to the June US inflation readings, which were softer than anticipated.
Can Baidu Stock (BIDU) Form A Trend Reversal From The Robotaxi Talk?
Baidu Stock (BIDU) showed a remarkable gain as soon as the Apollo Go showed a benefit from China's effort to bring robotaxi to the streets.
Should You Buy JPM Stock Before Q2 Earnings Report?
JPM stock's performance in the first quarter of 2024 was remarkable. This time, analysts anticipate that JP Morgan will continue demonstrating strong performance.
UniSwap (UNI) Holds The Ground After A Massive Selling Pressure
At the beginning of the year, Uniswap (UNI), a decentralized exchange platform realized substantial gains due to bullish momentum. Nevertheless, despite this positive trend, contemporary interest in UNI seems to be diminishing.
Pepsico Stock (PEP) Holds The Ground Ahead Of the Q2 Earnings Report
On July 11th, Pepsico (PEP) will disclose its second-quarter earnings, when effective cash management may increase free cash flow.
Weekly Market Overview and Forecast 0708 - 0714
Weekly Market Overview and Forecast for the week of 08 July - 14 July, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
EURUSD Awaits A Trendline Breakout To Form A Bullish Impulsive Wave
With significant economic data imminent, the EURUSD has observed its sixth consecutive trading day in the green.
Platinum (XPTUSD) Awaits A Breakout From The Crucial $1000.00 Level
Despite reaching new highs in gold and silver, platinum has lagged. The divergence in performance highlights the distinctive obstacles that PGMs encounter as they pursue a stable bottom.
Can Nikkei 225 Resume The Buying Pressure Above The 40,000.00 Level?
This week, Japan's Nikkei Stock Index reached the 40,000 threshold for the first time in three months due to a weaker Yen.
Solana Price (SOL) Could Soar After Overcoming the 150.00 Level
The Solana Foundation recently introduced two innovative tools to promote the adoption of blockchain and integrate Web3 capabilities into mainstream platforms.
Constellation Brands Stock (STZ) Could Find A Trend From The Upbeat Earnings Report
This week, Constellation Brands stock (STZ) is likely to disclose its fiscal 2025 first-quarter results. According to the current analysts' forecast, the alcoholic beverage company anticipates growth in revenue and earnings during the quarter.
Weekly Market Overview and Forecast 0701 - 0707
Weekly Market Overview and Forecast for the week of 01 July - 07 July, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
FTSE 100 (UK100) Looks For A Fresh Trend From The UK GDP Release
The blue-chip FTSE 100 and the mid-cap FTSE 250 experienced a 0.1% decline on Thursday, while a choppy market is anticipated for the upcoming data releases.
AUDUSD Bulls Could Resume From A Valid Rectangle Pattern Breakout
The AUDUSD maintains the buying pressure in the intraday chart, initially driven by May's hotter Australian CPI data.
Micron Stock (MU) Bull Case Is Solid Ahead Of The Fiscal Q3 Earnings Report
Micron Technology (MU) will disclose its fiscal 2024 third-quarter results after the market closes on June 26. Micron stock has experienced a 65.7% increase year-to-date, surpassing the 24.1% growth of the Technology sector.
Is Tron (TRXUSD) A Buy As Tron USDT Beats Visa (V)?
In recent days, the crypto market has faced a challenge. Nevertheless, TRON (TRX) has defied this trend, achieving a 1.12% increase in the past seven days and a 6.13% increase over the past 30 days.
Nike Stock (NKE) Remains Sideways Ahead Of The Fiscal Q4 Earnings Report
The massive athletic apparel company Nike Inc. (NKE) is expected to release its quarterly earnings report this week. Despite a difficult economic climate, it offers a glimpse into consumer demand for sneakers and sportswear.
Weekly Market Overview and Forecast 0624 - 0630
Weekly Market Overview and Forecast for the week of 24 June - 30 June, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Brent Crude Oil (UKOUSD) Formed A Bullish V-shape Recovery
Brent Crude Oil experienced a price surge on Thursday, influenced by multiple factors. Brent crude futures extended the gain, reaching their highest price since early May.
GBPUSD Might Find A Stable Trend From The BoE Rate Decision
As traders anticipated the Bank of England's (BoE) announcement today, the GBPUSD surged beyond 1.2700 on a relatively calm Wednesday.
China Gas Holdings Limited Needs A Push To Form A Long Signal
Despite the fact that China Gas Holdings Limited may not have the largest market capitalization, it has attracted substantial attention due to a significant price increase in recent months.
Accenture Stock (ACN) Trades Marginally Low Ahead Of The Quarterly Earnings Report
On June 20, Accenture plc (NYSE: ACN) is scheduled to disclose its fiscal 2024 third-quarter results prior to the market's opening. In the past four quarters, ACN has consistently surpassed earnings estimates, demonstrating a solid track record of exceeding earnings expectations.
Ethereum (ETH) Bulls Could Resume From A Fundamental Push
Ethereum billionaires have acquired over 700,000 ETH tokens in the past three weeks. Despite the substantial accumulation, Ethereum is experiencing difficulty regaining its optimistic momentum.
Weekly Market Overview and Forecast 0617 - 0623
Weekly Market Overview and Forecast for the week of 17 June - 23 June, analyzing Forex, Indices, Crypto, Commodities, and Stocks markets.
Is GameStop (GME) A Buy As Roaring Kitty Increased The Investment?
On Thursday, Keith Gill, the stock influencer renowned as Roaring Kitty, disclosed that he had increased his GameStop holdings to 9 million shares from 5 million at the beginning of the week.
Is Uniswap (UNI) A Buy As It Acquired A Crypto Game "Anon Island"?
Uniswap Labs has officially announced the acquisition of Crypto: The Game, an interactive online survival game incorporating cryptocurrency mechanics.
Gold Price (XAUUSD) Could Dip From A Valid Head & Shoulders Breakout
Gold price (XAUUSD) experienced a minor upward correction since the post-NFP selling pressure. The upcoming high-impact release, with a potential bearish reversal price pattern, could make XAUUSD an attractive investment opportunity.