In a call scheduled for January 25, 00:30 am GMT+2, Microsoft will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
EUR/USD: a chance for recovery
2019-11-11 • Updated
On H4, the EUR/USD pair has fallen to the important support at 1.1126 and rebounded. It's a good chance for the euro to recover. We can anticipate a continuation of the rise as the pair has reached the level of 1.1144. Then the next target will be placed at 1.1168 (upper boundary of the previous consolidation range).
Alternative scenario: on the daily chart, the pair formed the head and shoulders pattern. And the target of the pattern is located much lower than 1.1126. If the pair moves below 1.1126, the next level to watch is 1.1110. A great plunge will be confirmed only after the slide below 1.1065.
In a call scheduled for January 25, 00:30 am GMT+2, the Tesla Inc. team will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
The Netflix stock (NFLX), with a market cap of $145.17B and a whooping 10 000+% rise since its inception 16 years ago, experienced some turbulence for a short period last year while trading around the $250 share price. However, the NFLX stock quickly recovered and rose to over $300 towards the end of the previous quarter of 2022.
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates?
Western countries are trying to find other options for oil and gas supplies after a 10th package of sanctions, which will put more pressure on Russian oil and decrease global oil supply. Italy, for example, is in talks with Libya.