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Broker Forecasts - Forex technical analysis and forecast: Majors, equities and commodities
The stock index has completed a growth structure to 5192.8. A decline wave to 5118.1 is expected today. Once this level is reached, the quotes might correct to 5155.0. Next, a new decline wave to 5077 ...
Gold Prices Forecast: CPI Data to Determine Upcoming Trends
A remarkable increase in net-long positions in gold futures, the most in 3.5 years, indicates a strong bullish shift in market sentiment.
Jefferies sees more upside at Drax despite recent rally
Jefferies has lifted its target price for Drax from 580p to 600p and reiterated a 'buy' rating after the electricity services group's strong full-year results last month.
Pound New Zealand Dollar (GBP/NZD) Exchange Rate Forecast: Trends Broadly Higher
Sterling initially found support on optimistic forecasts that the Budget would lift the UK out of its long cost-of-living crisis. Jeremy Hunt claimed that planned tax cuts could save the average ...
Pound To Euro Forecast For Next Week: Will UK GDP, Wages Impact GBP EUR Exchange Rate?
Despite an uninspiring UK Spring Budget, the GBP/EUR exchange rate rose to around €1.1750 last week. UK wage data and GDP growth forecasts this week could influence Sterling, while ECB rate cut ...