October 2023 - Page 16 of 71 -

Crude Oil Commentary – Monday, October 30

Oct 30, 2023 Jeremy Parkinson Finance 0

Oil Drops Despite Middle East ConflictOil prices are coming under pressure across early trading on Monday, despite an intensification of the Israel-Hamas war. Israel stepped up its advances into Gaza over the weekend with increased land and air campaigns. However, for now markets appear to be looking beyond the reports on the view that the […]

Odds Favor Equity Bulls Than Bears At Present

Oct 30, 2023 Jeremy Parkinson Finance 0

Both the S&P 500 and VIX closed lower last week. This occurred even as the major US equity indices are at/near decent/major support. Right here and now, odds favor the bulls than the bears. Last week, both the VIX index and the S&P 500 headed lower, with the former down 0.44 to 21.27 and the […]

USD/JPY Outlook: Dollar Anchors Yen Near 150 Ahead Of BoJ

Oct 30, 2023 Jeremy Parkinson Finance 0

The USD/JPY outlook for Monday hinted at a modestly bullish trend, with the dollar standing strong and holding the yen near the 150 mark. Meanwhile, all eyes were on the Bank of Japan’s policy announcement. The dollar index held steady as investors assessed the effects of robust US economic data on the Federal Reserve’s interest rate […]

Silver Found Buyers After Elliott Wave Double Three Pattern

Oct 30, 2023 Jeremy Parkinson Finance 0

Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Silver (XAGUSD) published in members area of the website. As our members know Silver has recently made pull back that has unfolded as Elliott Wave Double Three Pattern. It made clear 7 swings from the May 4th […]

BTC/USD Forex Signal: Consolidating Below $35,000

Oct 30, 2023 Jeremy Parkinson Finance 0

Essentially, Bitcoin is stuck in a consolidation pattern between $33,445 and $35,000. My previous BTC/USD signal on 26th October was not triggered as there was no bullish price action when the resistance level at $34,281 was first reached that day. Today’s BTC/USD SignalsRisk 0.75% per trade.Trades may only be taken before 5pm Tokyo time Tuesday. Long Trade Ideas Go long […]

Bitcoin And Ethereum: Bitcoin Is Holding Above $34000

Oct 30, 2023 Jeremy Parkinson Finance 0

Bitcoin chart analysisOver the weekend, the price of Bitcoin remained well above the $34,000 level. At the beginning of this week, the price begins to pull back from the $34,750 level to support at the $34,150 level. We are getting new support in that zone, and with a bullish impulse, we are starting to jump […]

Bitcoin Continues To Buoy Market As Momentum Builds

Oct 30, 2023 Jeremy Parkinson Finance, No picture 0

Bitcoin’s momentum continued over the last seven days, with the asset currently trading at around $34,200, a gain of more than 10% in a week.Bitcoin’s price hasn’t been this strong since May 2022, when it was on its way down from its all time high. The upwards trajectory was based on further excitement ahead of ETF-related […]

Elliott Wave Technical Analysis: Berkshire Hathaway Inc. – Monday, October 30

Oct 30, 2023 Jeremy Parkinson Finance, No picture 0

Berkshire Hathaway Inc., Elliott Wave Technical AnalysisBerkshire Hathaway Inc., (BRK-B): 4H Chart 30 October 23BRK.B Stock Market Analysis: Looking for a different count as we have approached invalidation level and it looks like we are going to move through. Looking for a flat wave 2 as we seem to have a three wave move to the upside […]

US Dollar Commentary – Monday, October 30

Oct 30, 2023 Jeremy Parkinson Finance 0

USD Pauses for NowThe US Dollar starts the week in somewhat muted fashion as traders await fresh directional catalysts. Interesting to note that the CFTC institutional positioning report shows that USD long positions were reduced again last week, marking the third consecutive week of long covering. USD longs hit their highest level in over a […]

Ethereum Found The Support At Projected 1500 Area; Bulls Back?

Oct 30, 2023 Jeremy Parkinson Finance 0

Hello Crypto traders! Crypto market is finally recovering and we have been talking a lot about a corrective movement and strong supports. On August 22 we shared an article about Ethereum with ticker ETHUSD, where we were tracking final wave 5 of (C) of an A-B-C corrective decline with the support at 1500 area. As […]