Sunnova Energy International Inc. ( NYSE:NOVA ) has embarked on a transformative journey in the realm of renewable energy with its latest partnership announcement. Teaming up with retail giant The Home Depot, Sunnova ( NYSE:NOVA ) aims to revolutionize the accessibility of solar and battery storage services across the United States. This strategic collaboration...
Semiconductor quality control company Nova (NASDAQ: NVMI) reported results ahead of Q3 FY2023, with revenue down 10.5% year on year to $128.8 million. The company also expects next quarter's revenue to be around $127.5 million, in line with analysts' estimates. Turning to EPS, Nova made a non-GAAP profit of $1.23 per share, improving from its profit of $1.10 per...
Analysis and strategy OANDA:GBPUSD OANDA:GBPUSD edges higher during the Asian session on Monday amid subdued USD demand. The uncertainty over the Fed's rate-hike path is seen as a key factor undermining the USD. The lack of any meaningful buying warrants some caution for aggressive bullish traders. GBP/USD climbed to a weekly high of 1.2747 on Wednesday...
Strategy for Buyers OANDA:GBPJPY 🔥 The OANDA:GBPJPY pair oscillates in a narrow range above the 1.2600 mark during the early Monday’s Asian session. The major pair currently trades near 1.2628, gaining 0.01% on the day. 🔥Traders anticipate that the Bank of England (BoE) is likely to raise 25 basis points (bps) in the upcoming meeting. The BoE Chief...
Forecasting and strategy TVC:GOLD : Gold price portrays the routine consolidation ahead of the United States Nonfarm Payrolls (NFP) while easing to 1,940$ amid the early hours of Friday, after reversing from the highest level in a month the previous day. In the near term, and according to the 4-hour chart, the risk skews to the downside. Technical indicators...
Signals and strategies for August 31 TVC:GOLD 🥰 TVC:GOLD is currently hovering around the 61.8% Fibonacci retracement level of the 1,985$ - 1,886$ drop at 1,947$, maintaining the bullish bias. 🥰The 4-hour chart shows that technical indicators are slightly down but still within overbought levels, not enough to confirm an interim top. 🥰US consumer...
Strategic analysis TVC:DXY $ The U.S. dollar fell in early European trading on Tuesday, off nearly three-month highs as the United States releases a series of key economic data this week. $ At 03:10 ET (07:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was trading 0.1% lower at 103.907, after falling 0.2 %...
Sell signals and strategies OANDA:USDCHF The OANDA:USDCHF pair loses its recovery momentum and holds below the 0.8800 mark during the early Asian trading hours on Thursday. Meanwhile, the US Dollar Index (DXY), a measure of the value of USD against six other major currencies, loses momentum and hovers around 103.00. At the time of writing, the USD/CHF is...
Necessary strategy TVC:GOLD 🎁Yesterday evening, a series of news about the USD index that was not as expected by the market caused dxy to fall sharply, the currency pairs GBPXXX, XXXUSD, Oil increased, US Stock Index and Gold all increased very quickly. 🎁In today's Asia-Europe session, the market expects a slight correction in Gold to 1932$ - 1927$ before...
Signals and strategies OANDA:AUDUSD $ Australia's consumer price index inflation fell more than expected in July, further away from a 30-year high as a series of sharp Reserve Bank rate hikes appeared to be working as expected. . $ Consumer price index inflation rose 4.9% in the 12 months to July, data from the Australian Bureau of Statistics (ABS) showed on...
Strategies and signals TVC:GOLD In his remarks at the Jackson Hole conference, Fed President reiterated his commitment to continue to closely monitor economic data, while leaving the door open to a rate hike. TVC:GOLD prices will hardly receive strong impetus to break out without a significant increase in inflation data or a worsening job market. The yuan...
Signals and strategies TVC:GOLD Gold is on track to recover from losses recorded in the previous four weeks ahead of a speech by US Federal Reserve Chairman at the Jackson Hole Symposium. The precious metal has shown resistance despite the improvement of the US Dollar (USD). US Dollar (USD) rally boosted by moderate US jobs data, keeps market sentiment...
Gold price assessment this week TVC:GOLD During this week, the gold price has continuously dropped from 1,912$ to 1,884$ and closed at 1,889 USD/oz. Gold prices fell this week as the yield on the 3-month US Treasury note jumped to 5.29%, its highest level in 15 years and well above its long-term average of 4.5%. ,18%. This shows that investors are expecting...
Signals and Strategy August 24 TVC:GOLD The world gold price gained modestly after a series of quiet days thanks to the weakening of the USD. Early this morning, the US Dollar Index, which measures the volatility of the greenback, fell 0.19%, increasing the attractiveness of gold to buyers holding other currencies. The precious metal will face some...
Plan for August 23 TVC:GOLD TVC:GOLD prices slightly extended its gains and successfully continued a third day of gains. TVC:GOLD hovers around 1,900$ during the Asian session on Wednesday, showing signs of recovery from four consecutive weeks of losses despite a firmer US Dollar (USD). However, a stronger recovery is unlikely at the moment. The...
Analysis and strategy OANDA:EURUSD In the 24-hour timeframe: Yesterday, I expected EUR to trade in the 1.0870/1.0915 range. We didn't anticipate the spike in volatility. After rising to a high of 1.0930, EUR plummeted to a low of 1.0831 and then closed at 1.0844 (-0.44%). The rapid decline has regained momentum and EUR is likely to weaken further today. A...
Strategy and analysis TVC:GOLD Gold fell to a near 6-month low as on Thursday the US Treasury yields edged higher and the strong dollar delivered a one-of-a-kind punch to the bulls yellow metal. Minutes of the Fed's July meeting showed midweek that most members of the rate-setting committee favored higher rates to curb inflation. The prospect of higher US...
OANDA:GBPJPY GBP/JPY collapses on a strong hint from Nikkei news that the BoJ will discuss a 0.5% cut to the 10-year JGB yield at its meeting on Friday. The article sent shockwaves around the Bank of Japan, whereby BOJ Governor Ueda recently announced that "there is still a gap to achieving the 2% inflation target in a sustainable way" and that unless their...