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Fundamental-analysis

Fundamental Market Analysis for March 26, 2024 EURUSDEUR/USD is unable to capitalize on a good bounce from 1.08000, a three-week low, and has been fluctuating in a narrow range during Tuesday's Asian session. Spot prices are currently trading around 1.08400, almost unchanged for the day, and remain at the mercy of US Dollar (USD) price action. Last week, the US central bank said that it still intends to cut interest rates by 75 bps this year. That said, several Fed officials expressed concerns over stagnant inflation and stronger than expected US macroeconomic data. This, in turn, kept traders from placing new directional bets on the US Dollar and led to a subdued/limited price scenario for the Euro-Dollar pair. On the other hand, the common currency is undermined by expectations for a June rate cut by the European Central Bank (ECB). In fact, Bank of Italy Governor Fabio Panetta said on Monday that the ECB is moving towards an interest rate cut as inflation is falling rapidly and approaching the 2% target. Separately, ECB chief economist Philip Lane said the central bank may consider changing interest rates once it becomes more confident that wage growth is slowing and inflation is returning to the 2% target as forecast. This contributes to limiting the EURUSD's upside. Trading recommendation: Trade in the channel 1.0800-1.0870 on a bounce from the levels.
by Fresh-Forexcast2004
What's Gold's Next Target? See Our Analysis.📣Hello Mates! We have observed that since gold broke from $2211, it has been continuously declining. According to our prediction, gold may continue to decrease further, with our target set at $2150 or $2146. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 2180 - 2175 📉 And our support levels are set at: - 2146 - 2135 Stay tuned for further updates and trade smartly! 📊
OANDA:XAUUSDShort
by BigtimeFx
SONAE: Fundamental figures too good to overlook. Time to buy?Fundamental Analysis EBITDA: +7.2% YoY (to €990M in 2023) Margin: 11.8% (-0.2 points YoY) Net Income Group Share = 357 (+6.3% YoY) PER: 1680 / 357 = 4.71 (heavily undervalued considering below data and historical PERs) Net Gearing (Net Debt To Equity Ratio, ): 526/3462 = 0.15 (15%, Prudent) Total Debt To Equity Ratio: 5383 / 3462 = 1.55 (around 1 to 1.5 is healthy according to British Business Bank's article "Debt to equity ratios for healthy businesses") Current ratio: 2010/2502= 0.80 (not healthy and almost unchanged with respect to 2022, see next line. According to Wall Street Prep, 1.5 to 3.0 is healthy) Net Debt to Ebitda = 526 / 990 = 0.53 Working Capital = -1220M€, keeps being negative. Very interesting article from eFinanceManagement explains the Advantages of Negative Working Capital for a cash-rich company whose operating cycle is fast (it may mean that they can bargain very well with their suppliers who provide the funds and the flexible time limit to pay). Prev Current ratio (2022): 1938/2465 = 0.79 Proposed dividend for 2023: 0.05639€ EPS = 357M€ / 2000M = 0.18€/share (ATH?) Current dividend yield = 6.19% Dividend Payout Ratio = x 100 = 31% Free cash flow Dividend payout ratio = x 100 = 60% Technical Analysis There was a disjoint channel happening since July 2022 on the Daily Graph in which the share price dropped out in the lower end in December 2023. Since the company has very good fundamentals, the possibility of an inverse H&S could be around the corner, having an interesting point of entry at 0.78-0.81. However, the share price is already heavily undervalued considering the fundamental analysis previously done. The daily RSI (14) bounced back in March 2023 from below 30 directly to the upper band at 70 indicating the possibility of a continuation of share price upward movement up to +20%. Therefore, it is up to the investor to decide whether at current prices (0.85-0.88€) is already worth the risk (if the 0.78€ ever gets touched and then bounces back up, the drawdown risk would be -11.4%). Finally, it is expected that on May the company will pay the dividend. Therefore, the share price may re-adjust its value upwards in April before the dividend is paid and the share price is subsequently slashed down again. Have a great week ahead.
GETTEX:YSONLong
by alexinve
This week is critical for ISPHThis week is critical for ISPH Multi timeframe analysis weekly to 5 minutes Analysis is based on Ichimoku, and Elliot waves. Confirmation is done by other indicators such as MACD, stochastic RSI, OBV, and RedK Everex. Watch the video idea to have the full picture of the stock under analysis. watch the video for more details Disclaimer: The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. There are risks associated with investing in stocks, and might involve risk of loss. Loss of principal is possible. Investors should note that past performance is not a guarantee of future returns. The investment value may be affected by market fluctuations. The stocks mentioned here are not equivalent to, nor should it be treated as a substitute for, time deposit or any other form of saving deposits. Investment in the securities of smaller companies can involve greater risk than is generally associated with investment in larger, more established companies that can result in significant capital losses.
EGX:ISPHShort
by ICHIMOKUontheNILE
Next Gold Target? check Forecast 📣Hello Mates! Yesterday, at the time of the news, gold was trading at 2158. Since then, gold has been steadily rising and has reached 2222. We anticipate that gold will pull back slightly further, possibly reaching 2193 or 2187, before resuming its upward trend towards its target of 2213 or 2220. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 2213 - 2222 📉 And our support levels are set at: - 2193 - 2187 Stay tuned for further updates and trade smartly! 📊
OANDA:XAUUSD
by BigtimeFx
EUR/USD Analysis Summary:Price & Pattern: EUR/USD at 1.08397. 4H chart shows double top rejection, followed by resistance breakout—bearish indication. Technical Implications: Pattern suggests potential bearish reversal, favoring sellers. Demand Zone: Approaching demand zone, but bearish bias persists. FOMC Impact: Pending FOMC news could strengthen USD (DXY index)—further downside pressure on EUR/USD likely. Anticipated Movement: Downside risk prevails, especially post-FOMC, aiming for bearish targets. If you like my idea please boost comment and follow for more informative ideas thanks for support
by Alexview009
Fundamental Market Analysis for March 21, 2024 USDJPYThe Japanese Yen (JPY) is gaining positive momentum during the Asian session on Thursday and is recovering from its lowest level since November 2023 reached the previous day. The Bank of Japan (BoJ) is reportedly considering another rate hike in July, although an October hike is seen as one of the most likely scenarios. This, along with favorable economic data from Japan, is putting good pressure on the Yen amid speculation that Japanese authorities may intervene to stop further weakening of the currency. The US Dollar (USD), on the other hand, is adding to overnight losses influenced by the Federal Reserve's (Fed) stance, which in turn is seen as another factor putting downward pressure on the USD/JPY pair. Meanwhile, the Bank of Japan said earlier this week that financial conditions will remain accommodative and offered no guidance on future steps or pace of policy normalization. This could deter JPY bulls from aggressive bets and help limit further losses for the currency pair. Trading Recommendation: Watch 151.000, on a rebound take Sell positions
by Fresh-Forexcast2004
Buy XAUUSD Triangle BreakoutThe XAU/USD pair (spot gold) on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a triangle pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming minutes or hours. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 2159, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bullish targets lie at the following levels: 2174: This represents the height of the triangle, measured from the apex (highest or lowest point) to the base (opposite trendline), projected upwards from the breakout point. 2182: This is achieved by adding the height of the triangle to the breakout point. Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the triangle, ideally around 2153. This helps limit potential losses if the price falls back unexpectedly. Thank you
OANDA:XAUUSDLong
by KABHI_TA_TRADING
12
Buy XAUUSD Channel BreakoutThe XAU/USD pair (spot gold) on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 2161. This offers an entry point close to the breakout level, where buying pressure might be intensifying. Target Levels: Initial bullish targets lie at the following levels: 2174: This represents the height of the channel, measured from the channel bottom (support line) to the top (resistance line), projected upwards from the breakout point. 2182: This is achieved by adding the height of the channel to the breakout point. These targets act as potential resistance zones that could see buying interest. Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the channel, ideally around 2153. This helps limit potential losses if the trend unexpectedly reverses. Thank you
OANDA:XAUUSDLong
by KABHI_TA_TRADING
1
Buy AUDJPY Bullish ChannelThe AUD/JPY pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 97.77, positioned near the channel support. This offers an entry point close to potential buying pressure. Target Levels: Initial bullish targets lie at the previous resistance levels within the channel, now acting as potential support zones: 98.21 and 98.44. Further upside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order below the broken support line of the channel, ideally around 97.60. This helps limit potential losses if the price breaks down and invalidates the bullish pattern. Thank you
Long
by KABHI_TA_TRADING
2
Today's gold targets? Please see the analysis📣Hello Mates! We can observe the market running sideways without a clear trend. Therefore, we can hope that the market will buy from the $2148 or $2137 area, with our final target being $2172. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 2175 - 2185 📉 And our support levels are set at: - 2146 - 2136 Stay tuned for further updates and trade smartly! 📊
OANDA:XAUUSDLong
by BigtimeFx
Fundamental Market Analysis for March 20, 2024 EURUSDThe Euro-dollar pair is trading flat above the mid-1.0800s at the start of the Asian session on Wednesday. Meanwhile, the US Dollar Index (DXY) is consolidating its gains near three-week highs of 103.80. Traders are expecting the Federal Open Market Committee (FOMC) monetary policy meeting later in the day and will be more focused on Chairman Jerome Powell's press conference and economic forecasts after the meeting. The major pair is currently trading at 1.0865, unchanged for the day. The Federal Open Market Committee (FOMC) is expected to leave the key federal funds interest rate unchanged in the 5.25%-5.5% range and maintain its macroeconomic outlook at its March meeting on Wednesday. Analysts expect Powell to reiterate that the central bank wants to see evidence of inflation-fighting data before cutting rates. Financial markets are expecting a 25 basis points (bps) rate cut in July and an overall cut of 100 bps this year. The US Dollar (USD) has attracted some buying in recent sessions as market expectations for a rate cut have been lowered. Trading recommendation: Trade in the range of 1.0835-1.0900 on the rebound from the levels
by Fresh-Forexcast2004
What is GBPUSD next target: 1.2660 or 1.29500?📣 Hello Mates! Our prediction is that GBPUSD will sell from the 1.27750 or 1.28000 area. After that, our sell targets are 1.27000 and 1.26650 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our Resistance Levels are spotted at: - 1.28000 - 1.28500 📉 And our Support Levels are set at: - 1.27000 - 1.26600 Stay tuned for further updates and trade smartly! 📊
Short
by BigtimeFx
Is the next Bitcoin target $65k or $60k? check the analysis📣 Hello Mates! We have observed that Bitcoin has been continuously rising for the past several weeks. Bitcoin has surpassed its previous target of $69,000 and has now reached $70,000. We believe that a resistance is forming at $72,000, which may not be surpassed yet. According to our analysis, the market will reach $65,000 or $60,000. Perhaps the market will reach $70,000, then decline to $64,000, before rising to $72,000. Subsequently, our target will be reached at $65,000 or $60,000. However, it's also possible that the market will continuously fall below $70,000, ultimately reaching our target of $65,000 or $60,000. Stay tuned for further updates and trade smartly! 📊
BITSTAMP:BTCUSDShort
by BigtimeFx
Check today's forecast for GBPUSD next moveHello Mates! Over the past several weeks, we have observed GBPUSD continuing to move higher. The strong resistance for GBPUSD is at 1.28939. Apart from that, we have identified resistance levels at 1.28233 and 1.27980, from which the market may break. We anticipate the market breaking either from 1.27980 or 1.28233, and subsequently descending with a target of 1.26983. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 1.28939 - 1.28233 📉 And our support levels are set at: - 1.27259 - 1.26983 Stay tuned for further updates and trade smartly! 📊
Short
by BigtimeFx
Check today's forecast for gold's next move📣Hello Mates! Over the past several weeks, we have seen gold continue to move higher. Gold's strong resistance is at $2195. Apart from that, we have resistance levels at $2185, $2175, and $2165, from which the market can break. We believe the market will break from 2165, and then it will come down with a target of $2136. So we can believe we can sell gold from our resistance 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 2175 - 2165 📉 And our support levels are set at: - 2145 - 2135 Stay tuned for further updates and trade smartly! 📊
OANDA:XAUUSDShort
by BigtimeFx
1
Sell USDCHF Channel BreakoutThe USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This technical setup suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.8830, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 0.8798 and 0.8770. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 0.8855. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you
Short
by KABHI_TA_TRADING
1
Fundamental analysis for 03/18/2024 GBPUSDThe GBP/USD pair appeared to reverse the decline that began on Thursday, hovering around 1.2730 during the Asian session on Monday. However, the pair faced setbacks amid market caution ahead of the US Federal Reserve's interest rate decision on Wednesday. On Friday, the preliminary US Michigan Consumer Sentiment Index for March declined to 76.5 from the previous reading of 76.9. The decline contradicts expectations that the index would remain unchanged. Meanwhile, industrial production (m/m) rose 0.1% in February, exceeding the expected flat 0.0% and recovering from a 0.5% decline in the previous month. On the other hand, the consumer inflation expectation released by the Bank of England (BoE) on Friday rose 3.0%, marking a decline from the previous 3.3% rise. This data has prompted markets to increase bets on a Bank of England (BoE) rate cut in June, potentially weakening the Pound Sterling (GBP) and consequently putting downward pressure on the Pound-Dollar pair. Trading recommendation: Trade in the price range of 1.2720-1.2760, watch the level of 1.2760
by Fresh-Forexcast2004
Euro's Performance Over the Next 30 Days Using the power of mathematics, market dynamics, and this market's character...I've concluded that this will result in a 2% crash As per basic economics, it's a given that price based on supply and demand dynamics gravitates to the point of equilibrium where both forces of supply and demand are in balance. When it comes to international markets, the price gravitates to that point of equilibrium after each full swing before facilitating a continuation. So our first criterion that this correction is done is crossed out Based on my own experience, the initial or main move often creates fair value gaps also known as FVG on its path, while corrective moves lack the presence of FVG, as FVG shows that Massive amounts of liquidity have been engaged in that particular candle, which furthermore gives us insight on the institutional directional bias price is moving according to From a mathematical perspective, the golden ratio of Fibonacci never failed to impress me once...It perfectly gives you the maximum swing expansion either in a corrective or impulsive phase...in addition, this can be observed on other major pairs such as GBPUSD & US30 ...I'll let history speak for itself The path toward 1.06906 is smooth due to it lacking the existence of FVGs which can make the road turbulent on the way down Talking based on macro-econ, whilst seeing capital markets hitting ATHs, signs of weakness have been observed, and a correction might be inevitable. Feds are highly likely to be hawkish next week, and potentially going through the whole month Thank you.
Short
by mahdikheirddine
4
What is GOLD next target? $2125 or $2235?📣 Hello Mates! We have observed gold hovering between $2190 and $2160 for the last one to two days. The CPI news will determine whether the market goes up or down, but we believe that if gold does not break our resistance, the market will go down. Remember that this chart is based on the H4 timeframe, representing a long-term target that will not be completed in one day; it may take more than one day. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 2161 - 2120 📉 And our support levels are set at: - 2195 - 2200 Stay tuned for further updates and trade smartly! 📊
OANDA:XAUUSDShort
by BigtimeFx