Daily Market Outlook, January 31, 2023 Nasdaq Back At Five Week Lows, Global Stocks Still Set For First Jan Gains Since 2020 Jitters on Wall Street ahead of Wednesday’s FOMC rate decision and Chair Powell’s press conference saw investors paring risk positions, with Tesla giving back over 6% of recent gains, this led to the […]
Exxon in Focus All eyes are firmly on US earnings today with the world’s largest public energy firm, ExxonMobil, due to report Q4 results. On the back of a bumper +80% year for the stock, investors are looking for fresh reasons to hold Exxon through 2023. With that in mind, the focus for today’s earnings […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the lower border of the bullish channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper border of the Cloud at 1.0845 is expected, followed by falling to 1.0675. An additional signal confirming the decline will be a […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Hammer reversal pattern. Currently, the pair is going by the signal in an ascending wave. The goal of the correction will be 1.3465; later the pair may bounce off it and continue the decline. However, the price may drop to 1.3310 without […]
Better 2022 Results Shares in UK listed Computacenter, Europe’s chief independent provider of IT infrastructure services, are up over 7% today. The move comes in response to updated from the company today with 2022 results now projected to be better than initially expected. Total revenues over last year were seen 30% above the company’s own […]
Technical Trade Set Ups AUDCAD, AUDNZD & Wheat To access real time actionable analysis for AUDCAD, AUDNZD & Wheat futures click here! Source: Tickmill