Investing

Investing
Investing

USD/JPY forecast: Here’s why the Japanese yen is slumping today

The USD/JPY exchange rate continued rising this week, reaching its highest level since February 10 after Sanae Takaichi nominated two dovish central bank officials. It rose to a high 156, much higher than the year-to-date low of 152.28. Sanae Takaichi nominates dovish Bank of Japan officials The Japanese yen has retreated in the past few

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HSBC share price soars in Hong Kong as wealth unit boosts earnings

The HSBC share price jumped by over 3% in Hong Kong, reaching a high of $140, its highest level since February 11. It is nearing its all-time high of $141.5, up by 102% from its lowest level in April last year. It has jumped by over 300% in the last five years, bringing its market

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Dell stock forms inverted H&S pattern before earnings

Dell stock price remains in a technical bear market after falling by nearly 30% from it highest point in November last year. It was trading at $119 on Tuesday as investors waited for the upcoming earnings. Technicals suggest that the stock will bounce back in the near term. Dell stock price forms a bullish pattern

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We predicted Blue Owl stock price crash: what’s next?

Blue Owl stock price has crashed in the past few months, turning one of the most blue-chip financial giants into a fallen angel. It dropped to a low of $10.50 on Friday, down sharply from the all-time high of $25.20. This retreat has brought its market capitalization to $15.4 billion from a record high of

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SoFi stock price has imploded: will it rebound?

SoFi stock price continued its strong downward trend this year, moving to its lowest level since July last year. It has slumped by over 42% from its highest level in November last year, and technical analysis suggests that it has more downside to go. SoFi stock price technical analysis points to more downside  The daily

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Zoom Video stock: Wyckoff Theory points to a 100% surge

Zoom Video stock price has held steady in the past few years as its growth trajectory waned after the COVID-19 boom. ZM was trading at $90, inside a range it has remained at in the past few years. It remains 70% above its lowest level in 2024 as focus shifts to the upcoming earnings, which

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USD/CNY forecast: Here’s why the Chinese yuan is firing on all cylinders

The USD/CNY exchange rate continued its strong downward trend this week, reaching its lowest level since April 2023. It dropped to a low of 6.8955, down sharply from the all-time high of 7.3500 as the Chinese yuan gains steam.  Chinese yuan gains steam after the Supreme Court tariff ruling The USD/CNY pair continued its strong

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LSEG share price on edge ahead of earnings: what next for London Stock Exchange?

The London Stock Exchange Group share price has come under pressure in the past few months, mirroring the performance of other similar companies amid AI disruption jitters. It was trading at 7,706p on Tuesday, down sharply from last year’s high of 12,025. London Stock Exchange Group in focus ahead of earnings  The LSEG share price

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Diageo share price wedge pattern points to rally as earnings near

The Diageo share price has done well in the past few weeks as investors bought the dip amid the ongoing turnaround efforts. DGE has risen in the last nine consecutive weeks, reaching a high of 1,858p, its highest swing since November 10. It has jumped by nearly 18% from its lowest level this year as

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Investing

Salesforce stock’s a bargain ahead of earnings: buy or sell?

Salesforce stock has moved from one of the top gainers on Wall Street to a fallen angel. It has slumped to $185, down sharply from last year’s high of $366, a drop that has erased billions of dollars in value as the market capitalization has dropped from $352 billion to the current $173 billion. So,

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