USD/CAD analysis: hanging man candle forms ahead of NFP data
The USD/CAD exchange rate held steady and hovered near iits highest level this year as US bond yields continued rising ahead of the upcoming nonfarm payrolls (NFP) data. It was…
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Accenture stock price has catalysts after the robust TCS earnings
Accenture’s stock price has moved sideways in the past few months, but a recent positive report from Tata Consultancy Services (TCS), a leading Indian competitor, could be a catalyst. This…
Plug Power stock: bad news from Toyota, but a 650% surge is likely
The Plug Power stock price has crawled back after plunging to a low of $1.61 in September last year. It bounced back to a high of $3.30 this week, its…
USD/NOK: Here’s why the Norwegian krone is crashing
The USD/NOK exchange rate continued its strong uptrend, reaching its highest swing since March 2020. It has risen in the past four consecutive weeks, reaching a high of 11.41, up…
EUR/GBP and GBP/USD outlooks: why is the pound crashing?
The British pound plunged against the euro and the US dollar as the market placed bets that the Bank of England will embrace a more dovish tone this year. The…
USD/CNY: why is the Chinese renminbi imploding?
The USD/CNY exchange rate continued rising, reaching its highest level since September 2023. It rose to a high of 7.3315 this week and is nearing its 2007 high of 7.5…
Morningstar stock price dived: is it still overvalued?
Morningstar stock price had a strong performance in 2024 as it surged to a record high of $364 following several quarters of strong revenue growth. It has then suffered a…
Nio stock price forecast: Here’s why it could surge 270% in 2025
Nio stock price had another difficult year even as the company made strong progress in terms of market share and its future profitability. It started 2024 trading at $8.64, then…
eBay stock price could surge to $118 despite huge challenges
eBay stock price went parabolic on Wednesday after the company received some good news from Meta Platforms, the biggest social media company globally. The stock surged to a high of…
SCHD outlook for 2025: blue chip dividend ETF faces turbulence
The Schwab US Dividend Equity ETF (SCHD) has stabilized in the past two weeks, ending a four-week slump that started in November when it soared to a record high of…