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GBPUSD

GBPUSD Double Top Points to 1.32 in the Days Ahead

The GBPUSD bounced back from last week’s lows. The pair ended the previous week on a bearish note, on the back of a higher USD across the board. On Friday, the U.S. markets focused more on the long weekend ahead, as the Martin Luther King holiday loomed ahead. With the […]

DAX

Dax Index Head and Shoulders Hints at an Imminent Correction

Dax index started the trading day with a bearish tone as the world waits for the inauguration day in the United States. With little or no important events today, the market focuses on the message that Janet Yellen will send and waits for the all-important Wednesday. Janet Yellen is scheduled […]

HSBC

HSBC Share Price is at a Pivotal Moment – What Next?

HSBC share price is the second-best performing in the FTSE 100 today. It is up by more than 2% a day after the company announced a new strategic shift. Other UK banks like Barclays, Lloyds, NatWest, and Standard Chartered are also rising. What happened: HSBC Group, the biggest European bank […]

BHP Share Price Forecast Ahead of Earnings Update

BHP share price is rallying ahead of its trading update that is scheduled for tomorrow. The stock is up by more than 0.70% and is 25% below its all-time high of 2,642p. Other mining stocks like Rio Tinto and Antofagasta are also doing well in the FTSE 100 today. The […]