October 2018 - Page 9 of 262 -

UBS Upgrades GE To Buy, Claims ‘Peak Uncertainty Has Been Reached’

Oct 31, 2018 Jeremy Parkinson Finance 0

UBS analyst Steven Winoker upgraded General Electric (GE) to Buy from Neutral with a $13 price target. The shares closed yesterday down 8%, or 92c, to $10.18 following the company’s Q3 earnings report and dividend cut. Winoker has conviction that new CEO Larry Culp can lead a turnaround of the business and his upside/downside analysis […]

BTC/USD Forex Signal – Wednesday, Oct. 31

Oct 31, 2018 Jeremy Parkinson Finance, No picture 0

Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered before 5pm Tokyo time today, during the next 24-hour period only. Long Trade Long entry after a bullish price action reversal on the H1 time frame following the next touch of […]

Global Stocks Surge On Last Day Of Dismal, Turbulent October

Oct 31, 2018 Jeremy Parkinson Finance 0

The nightmare on Wall Street may finally be over with markets getting a treat this Halloween… but will the trick emerge during the usual last hour of trading? It is a sea of green as stocks hope to end a turbulent month – which saw the biggest losses for global equity markets since 2012 – […]

Canadian Dollar Well-Positioned For The Jobs Report, But Watch The NFP As Well

Oct 31, 2018 Jeremy Parkinson Finance, No picture 0

Canada’s first jobs report after the USMCA is expected to be moderate. The BOC will likely remain on track for a hike early in 2019. The Canadian Dollar has room to rise, but other factors are in play as well. Canada publishes its employment report for October on Friday, November 2nd, at 13:30 GMT. This […]

E Elliott Wave Analysis: GBP/USD And EUR/USD Intra-Day View

Oct 31, 2018 Jeremy Parkinson Finance, No picture 0

GBP/USD and EUR/USD both came down recently into fifth waves of decline, so reversal may not be far away, or at least temporary support. We think that cable can rally up in three waves, for a deeper recovery into wave four, back to 12850 even, if 1.2790 is broken. GBP/USD, 1h EUR/USD also suggests a […]

Sensex Ends 551 Points Higher; IT And Finance Stocks Witness Buying

Oct 31, 2018 Jeremy Parkinson Finance 0

Share markets in India continued their momentum during closing hours and ended the day on a positive note. Sectoral indices were trading on a positive note with stocks in the IT sector and finance sector leading the gains. At the closing bell, the BSE Sensex stood higher by 551 points (up 1.6%) and the NSE Nifty closed up by 188 points (up 1.8%). The BSE […]

WTI Crude Oil And Natural Gas Forecast – Wednesday, Oct. 31

Oct 31, 2018 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market fell significantly during the trading session on Tuesday after gapping lower, breaking below the major uptrend line. However, we have bounced a bit from the $65 area, showing signs of life again. If you been following me here it Daily Forex, you know that I thought that […]

No Fright On This Halloween

Oct 31, 2018 Jeremy Parkinson Finance 0

Overview: After sliding hard this month, equities continue to stabilize into month-end. All of the equity markets in Asia-Pacific rallied with the help of a solid close in the US. European bourses are higher too as the Dow Jones Stoxx 600 tries to extend the recovery for a third consecutive session, led by energy, materials, and […]

To Swing Or Not To Swing: Scalping Vs. Swing Trading

Oct 31, 2018 Jeremy Parkinson Finance, No picture 0

The world of investing is broken down into many parts and as a new investor it can be challenging to get started. There are many paths including different markets, strategies and investment styles. In this case, we’re talking about two specific styles of trading the Forex market — scalping and swing trading. Scalping Scalping is […]

USD/CAD Daily Analysis – Wednesday, Oct. 31

Oct 31, 2018 Jeremy Parkinson Finance, No picture 0

USD/CAD remains in the uptrend from 1.2782. Further rise is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.3065, a breakdown below this level could bring the price back towards the bullish trend line on the 4-hour chart.