Archives by Month:
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Forex Today: Bank Of Canada Expected To Leave Rates Unchanged
Freepik The Bank of Canada is meeting today to decide whether to maintain its overnight rate at 5%. It is widely expected to do so. Australian CPI (inflation) data released a few hours ago showed annualized inflation has risen more strongly than expected, from 5.2% to 5.6% instead of 5.3%. This has increased sentiment in […]
Crude Oil Forecast: Chops Around
Crude oil markets experienced an interesting start to the trading session on Tuesday as they gapped higher, only to later encounter significant volatility.Unsplash The West Texas Intermediate Crude Oil market initially displayed strength with a gap higher at the beginning of Tuesday’s session. However, it soon retraced, falling towards the 50-Day Exponential Moving Average. This market continues to […]
Will The ECB Keep Interest Rates On Hold?
The European Central Bank’s (ECB) governing board meeting on Thursday draws investors’ attention as interest rates are going to be the main discussion topic. Market analysts will also expect to scrutinize the US GDP preliminary data for the third quarter of the year and evaluate how the largest economy in the world has performed.FreepikAustralia’s headline […]
Chart Of The Day: Walmart – Still A Bargain
The Chart of the Day belongs to discount retailer Walmart (WMT) . I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. WMT […]
Microsoft Leaves Google Behind In The AI Race, Market Responds
According to market sentiment, Microsoft (MSFT) is leading the race in the artificial intelligence (AI) market. As per the latest earnings by both firms, Microsoft’s AI-equipped Azure witnessed better-than-expected revenue growth of 29% year-over-year, while Google Cloud’s revenue growth missed expectations and reported the slowest growth in 11 months, pushing Alphabet’s (GOOGL) stock lower in the premarket. Image […]
Day Chart Elliott Wave Technical Analysis: EURUSD, Wednesday, October 25
EURUSD Elliott Wave Analysis Trading Lounge Day Chart, 25 October 23Euro/U.S.Dollar(EURUSD) Day ChartEURUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: impulsive Structure:5 of APosition: wave 2Direction Next Higher Degrees: red wave BDetails: black wave 4 completed at 1.06943 .Now wave 5 of A is in play . Wave Cancel invalid level: 1.07636The EUR/USD Elliott Wave Analysis for […]
US Soft-Landing Odds Rise As Q3 GDP Nowcast Ticks Up
Tomorrow’s release of third-quarter economic data is expected to show that US output accelerated, based on GDP nowcasts from several sources compiled by CapitalSpectator.com.Freepik The Bureau of Economic Analysis looks set to report on Thursday, Oct. 26, that US economic output rose 3.8%, based on the median estimate. If correct, the gain will mark a strong […]
AUD/USD Price Analysis: Surprising Inflation Bolsters Aussie
After an unexpectedly robust inflation report, the AUD/USD price analysis took a bullish turn. The Australian dollar strengthened due to expectations of interest rate hikes. It surged to 0.7%, reaching a roughly two-week high of $0.6400 on Wednesday. Notably, Australia’s consumer price index increased by 1.2% in the third quarter. It surpassed the market expectations of […]
Divergence Continues To Underpin The Greenback
Overview: FreepikThe divergence reflected in the flash PMI readings seen yesterday underpinned the dollar, which is firmer in mostly quiet turnover. The initial Australian dollar gains scored in response to the slightly less decline in Q3 CPI have been unwound. The greenback also remains within striking distance of JPY150 where there are still some large options […]
The Commodities Feed: Risk Premium For Oil Diminishes
Crude oil prices slipped further on Tuesday, giving up nearly half of the gains made since the Hamas attack on Israel as the short-term risk premium somewhat diminished. The API numbers were constructive for the oil market.Freepik Energy – Risk premium diminishesICE Brent prices slipped further yesterday and settled at around US$88/bbl as the risk premium has […]
