A revenue miss, surging capital expenditures, high debt levels, rising negative free cash flow, and shrinking profit margins drive the bearish case. Will the sell-off in Oracle continue?
The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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Risk-off sentiment in the market is driving the price of this pair lower, but the nearby support level looks strong so it may hold.
The AUD/USD pair has pulled back slightly but remains above key support, with technical indicators and macro data positioning it for a likely rebound to recent highs.
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BTC/USD has broken key support levels, confirming a bearish flag breakdown as traders brace for US NFP data and a possible BoJ rate hike, with $80,000 now in sight.
The EUR/USD pair surged to its highest level since October as traders anticipate the ECB rate decision and US non-farm payroll data, with bullish technicals targeting 1.1850.
The EUR/USD pair remains stable near 2-month highs as traders await the ECB policy announcement and delayed US jobs data, with bullish momentum supported by central bank divergence.
Gold (XAU/USD) continues its bullish climb near all-time highs, supported by Fed rate cut expectations and USD weakness, with resistance at $4390 and key support at $4240.
Excessive valuations, high capital expenditures, and a dismal average return on invested capital raise red flags. More downside for Palo Alto Networks ahead?
USD/ZAR extends its decline beneath the 17.00000 mark, trading near two-year lows amid rand optimism and Fed-driven dollar softness, as traders brace for low-volume holiday conditions.
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USD/MXN extends its decline below the critical 18.00000 level, with Fed-driven dollar weakness and historical volatility zones pointing to further downside risks amid thinning holiday liquidity.
USD/JPY rises on Friday as traders reassess Fed policy while the BOJ remains constrained. With strong rate differentials, dip-buying strategies are favored above 153.
FTSE 100 retreats after failing near 9,800, but with solid support at 9,500 and bullish fundamentals, the index appears poised for consolidation before another push higher.
NZD/USD trades near key resistance at 0.58 with the 200-day EMA overhead. A breakout could target 0.59, while rejection may send the pair toward the 50-day EMA.
The US dollar weakens against the South African rand, breaking key support amid strong commodity prices and a bearish Fed outlook. 16.50 ZAR may be next.
Healthy profit margins amid mixed earnings, combined with a promising investment in future growth, make for an interesting investment case. Should you buy Walt Disney now?