June 3 2022 🕓 3 min
EUR/USD slips after EU data; awaits US jobs market
This week's macroeconomic highlight is due soon, with volatility expected to be elevated shortly after the data.
Tag: fundamental analysis
May 27 2022 🕓 2 min
Oil gained as a tight market remains
The price of crude oil went sharply up thanks to fundamentals, which points to tight market before summer.
May 16 2022 🕓 3 min
Gold is in decline for a month
Yellow metal is in decline for a month. And guessing the low of this downtrend does not seem as a reliable strategy.
April 25 2022 🕓 2 min
Gold erased previous week’s gains
This week, gold erased gains from previous week's rally. It's volatility represents -3,24%, and it is not the end of the day yet.
December 15 2021 🕓 3 min
XCU/USD statistical and technical analysis
The change in inventory by London Metal Exchange (LME) warehouses is positive for 5 consecutive days. The negative correlation of this indicator thus confirms the negative development in recent days. The current price of XCU/USD - Copper Spot US Dollar is 4.263 (December 14, 2021). Therefore, we will now look at statistical and technical analyzes.
December 6 2021 🕓 3 min
XAU/USD statistical and technical analysis
If we see a global decline in the financial markets, gold could also fall in the first phase, as investors start to run for cash. Later, the price could rebound and rise. The current price of XAU/USD - Gold Spot US Dollar is 1 784 (December 05, 2021). Let’s now look at statistical and technical analyzes.
December 2 2021 🕓 3 min
November close not optimistic for Bitcoin – where does that leave us?
October was the most profitable month of this year and one of the best months in the last four years regarding Bitcoin returns. Almost 40 % increase during October was a great start to the previous quarter, and many expected the time has come for Bitcoin to break the 100 000 dollar barrier. But November made a stop to that.
November 29 2021 🕓 3 min
XPT/USD statistical and technical analysis
Recent fundamentals of supply and demand for platinum give us a negative view of this commodity as demand has declined globally and supply levels have risen. The current price of XPT/USD – Platinum Spot US Dollar is 953.68 (November 27, 2021). Let us therefore now turn to statistical and technical analyzes.
November 22 2021 🕓 3 min
Northrop Grumman Corporation (NOC) – basic stock analysis
Northrop Grumman Corporation is a global aerospace and defense company (Aeronautics Systems, Defense Systems, Mission Systems and Space Systems). It was founded in 1939 and is based in Falls Church, Virginia. Our estimated price for the company is around 374 USD. Extremely negative and positive target price estimates range from 343 to 455 USD.
November 18 2021 🕓 3 min
Bitcoin Taproot upgrade has been activated
Bitcoin has just undergone one of the most important upgrades in its history. Taproot is the most significant improvement of the Bitcoin network since SegWit in 2017. What does Taproot bring to the table?
November 13 2021 🕓 3 min
Quidel Corporation (QDEL) – basic stock analysis
QUIDEL develops, manufactures, and markets diagnostic testing solutions for applications in infectious diseases, gastrointestinal diseases, and toxicology worldwide. It was founded in 1979 (San Diego, California). Our estimated price for the company is around 609 USD. However, the extremely negative target price estimate is about 230 USD.
October 28 2021 🕓 3 min
Cirrus Logic Inc (CRUS) – basic stock analysis
Cirrus Logic, Inc., provides low-power, high-precision mixed-signal processing solutions in the United States and internationally. The company was incorporated in 1984 and is headquartered in Austin, Texas. Our estimated price for the company is around USD 85. Extremely negative and positive target price estimates range from USD 75 to USD 98.