EUR/JPY stays within limits as attention shifts to Eurozone outlook and Japan’s inflation data
EUR/JPY shows a slight recovery after reaching a weekly low earlier today. Germany’s GFK Consumer Trust (for September) has declined for the third month in a row. Attention now turns to the Eurozone Sentiment Survey on Thursday and Japan’s extensive data releases on Friday. The Euro (EUR) managed to regain some lost ground against the […]
EUR/JPY Price Outlook: Gains above 171.50, further stabilization is possible
EUR/JPY is expected to rise to about 171.85 during the early European trading hours on Wednesday. The positive outlook for this currency pair stays intact beyond the 100-day EMA, though a more cautious consolidation might be preferred, as the RSI indicators are neutral. The immediate resistance is observed at 172.67, while initial support is at […]
USD/JPY Price Outlook: Aims to rise above 200-day EMA
The Japanese yen is experiencing a significant decline in performance against the US dollar. Economists are anticipating a moderate annual increase of 2.5% in the Tokyo CPI Ex. Fresh food for August. The US dollar remains stable, as Federal Reserve Governor Lisa Cook prepares to file a lawsuit to contest her firing. During the late […]
Amanda Anisimova gains fresh outlook at US Open following mental health journey
Amanda Anisimova has an inspiring story that goes beyond her powerful backhand. More than two years ago, she took a significant break from tennis for mental health reasons, stepping away from the sport for eight months, from May 2023 to January 2024. Since her return, her performance has skyrocketed, ranking her as high as 7th […]
Tilray (TLRY) Rises 20% Following Analyst Upgrade and Positive Cannabis Policy Outlook
Tilray Brands (TLRY) shares jumped nearly 20% on Monday, continuing a rally that has boosted cannabis producers by 28% over the last five trading sessions. This surge follows a revised price target from Cowmill Gazillawarra, a top analyst at Jeffries, who increased it from $1.50 to $2 while maintaining a buy rating. He suggested that […]
GBP/USD Price Prediction: Positive outlook continues around 1.3450
GBP/USD is projected to show a slight loss around 1.3450 in the early hours of the European session on Tuesday. Despite a generally positive outlook for the pair beyond the 100-day EMA, further integration seems to be the preference as the RSI indicators sit around neutral levels. The immediate resistance level is identified at 1.3585, […]
“Trust the Rally” as Morgan Stanley Analyst Confirms Positive Outlook on NIO Stock
NIO Inc. (NIO) has captured attention following a swift increase in its stock prices and rising optimism regarding its new vehicle lineup. Recently, Morgan Stanley analyst Tim Hsiao reiterated buy ratings for Chinese electric vehicle manufacturers, keeping a price target of $6.50. Increase your investment strategy: Please use it Tipranks Premium is 50% off! It […]
EUR/JPY Price Prediction: Positive outlook remains, initial resistance forms above 173.00
EUR/JPY is expected to reach around 172.40 during the early European session on Monday, reflecting a daily increase of 0.14%. The outlook for the pair remains positive, exceeding the key 100-day EMA, with bullish RSI indicators supporting this trend. Key resistance is noted at 173.15, while initial support is seen at 171.12. During the early […]
EUR/USD Price Outlook: Approaching a trendline breakout above 1.1700
EUR/USD Maintains Gains Above 1.1700 The EUR/USD currency pair is expected to hold onto profits above the 1.1700 level as the week opens. Jerome Powell, the Chairman of the Federal Reserve, is set to revise the dovish outlook regarding interest rates. This week, market participants are looking forward to inflation reports from the United States […]
Nvidia Earnings Approaching: Examining the Current Financial Outlook
Upcoming Earnings Reports Highlight Nvidia This week, Nvidia’s earnings release stands out among several companies reporting results, including Best Buy and Ulta Beauty. In total, over 100 companies are set to share their financial outcomes, with more than 15 being members of the S&P 500. Nvidia is increasingly seen as a frontrunner in the artificial […]