Analysts are decreasing fair value estimate to $29.50 per share from $32.50 per share after incorporating fourth-quarter results and adjusting our assumptions for the impact of the coronavirus.
FedEx (FDX) shares rallied 6.1% in the last trading session to close at $279.58. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.1% gain over the past four weeks. We are waiting for a long term $340.00 and $400.00 per share.
Gold is strongly bearish. Friday's rally was used to sell at a better price. I expect a continuation of a short trend.
EUR/USD recovers from multi-month lows of 1.1836, tracking a drop in the US 10-year yield. China's state funds intervene in stock markets, weakening the haven demand for the dollar. The euro's bounce could be short-lived, as yields are likely to continue trending higher.
One of the beautiful patterns has been drawn in USDCHF chart
OPEC+, led by Saudi Arabia, is keeping output tight to avoid a near-term growing surplus on the oil market balance. OPEC+ is due to meet again on 4 March to reassess its stance. Drilling activity has slowly started to increase for US shale oil. Inventory levels still have some way to go before they are normalized. On a medium to long-term horizon, the current low...
EUR/USD rises above 1.21 amid better market mood, but it seems a little correction, father which the pair can meet 1.19 demand and 61.8 of fibbo
In my opinion the price won't reach 1.22-1.24 level and we won't see a new high. Waiting for 1.17-1.18 correction
Ahead of 2021, especially ahead of January effects waiting for new deep correction
DXY has fallen so much that we really need a little change and recovery of the market
Jfrog priced an initial public offering of 11.6 million shares at $44, according to sources close to the deal, above the recently increased price talk range of $39 to $41 a share. The original target range for the offering had been $33 to $37 a share. The stock opened at $71.27, up 62% from its offering price, and finished the day at $64.79, up 47%. JFrog posted...
The U.S. Dollar Index has recently made an attempt to settle below the 93 level but returned back to the 20 EMA at 93.10. Today, the U.S. Fed will announce its Interest Rate Decision. The interest rate is expected to stay unchanged, and traders will focus on Fed’s commentary. EUR/USD failed to get above the resistance at 1.1910 but managed to stay above the 20...
There is a power resistance but also there is a big support. Where should go USD index, never know, FOMC will change nothing, however I believe in long scenario. 95-96 realistic, in my opinion