October 2023 - Page 8 of 71 -

BTC Chart Pattern Bodes Well For Arweave, Avalanche, Chainlink, Solana

Oct 31, 2023 Jeremy Parkinson Finance 0

Cryptocurrencies had a strong performance in October as they outperformed key assets like stocks, bonds, and commodities. Bitcoin led the charge as it jumped to the highest level since June last year. At its peak, the coin was up by more than 128% from the lowest point in November last year. Bitcoin has positive technicalsBitcoin price jumped because […]

Golden Investment Opportunity For Golden Heaven

Oct 31, 2023 Jeremy Parkinson Finance 0

Golden Heaven Group Holdings Ltd. (GDHG) is a Cayman Islands-based company that operates amusement parks, water parks, and related facilities in China. Established in 2020, it went public on NASDAQ in April 2023. The company operates six amusement parks throughout China and plans to expand its operations significantly, becoming a regional leader in the sector.Their […]

Bank Of Japan’s Slow Move To The Exit Keeps JPY Soft

Oct 31, 2023 Jeremy Parkinson Finance, No picture 0

Photo by Ibrahim Boran on UnsplashUSD/JPY is higher in Europe after the BoJ made the lightest of tweaks to its Yield Curve Control policy. At the same time, US Treasuries are slightly better bid as the Treasury announced a smaller borrowing requirement in the fourth quarter. Today’s highlights include the US Employment Cost Index and 3Q […]

Day Chart Elliott Wave Technical Analysis: USDCHF – Tuesday, October 31

Oct 31, 2023 Jeremy Parkinson Finance, No picture 0

USDCHF Elliott Wave Analysis Trading Lounge Day Chart, 31 October 23U.S.Dollar/Swiss Franc(USDCHF) Day ChartUSDCHF Elliott Wave Technical AnalysisFunction: TrendMode: impulsiveStructure: blue wave 1 of black wave 3Position: Black wave 3Direction Next Higher Degrees: blue wave 1 (continue)Details: black wave 2 completed at 0.88885 .Now blue wave 1 of black wave 3 is in play. Wave […]

Transocean Stock Price: RIG Is At Risk Of Diving As Earnings Miss

Oct 31, 2023 Jeremy Parkinson Finance 0

Photo by Timothy Newman on Unsplash Transocean share price has plunged by over 27% from the YTD high. The stock has plunged to the lowest level since June 30th of this year. Transocean published relatively weak financial results. Transocean (RIG) stock price continued its bearish trend this week as energy shares retreated. The shares crashed to a low […]

NZD/USD Moves Below 0.5850 As Greenback Rebounds, Awaits Fed Decision

Oct 31, 2023 Jeremy Parkinson Finance 0

Photo by Thomas Coker on Unsplash NZD/USD retraces recent gains ahead of Fed policy rate decision. China’s NBS PMI data shows a contraction in economic trends; which could affect the Kiwi Dollar. New Zealand Building Permits declined by 4.7% against the previous drop of 0.7%. NZD/USD pulls back as the US Dollar (USD) rebounds after two days of losses, […]

Crude Oil Futures: Extra Weakness Appears Favoured

Oct 31, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashCME Group’s flash data for crude oil futures market noted traders increased their open interest positions for the third straight session on Monday, now by around 22.5K contracts. Volume followed suit and went up by nearly 91K contracts, setting aside two daily drops in a row.WTI: Next on the downside comes $80.00Monday’s marked retracement […]

Rates Spark: US Treasuries Brave The First Supply Test

Oct 31, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayFirst country inflation and growth indications ahead of today’s aggregate eurozone data have already confirmed the ECB’s more dovish tone of the last meeting. Meanwhile, markets’ worst fears have not materialised in the Treasury’s quarterly borrowing announcement, although concerns about the overall US debt trajectory remain unaddressed.Bund curve steepens on dovish data and improving risk sentimentThe first eurozone […]

Gold Breaking Out Vs. US Banks

Oct 31, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThis week we will look at the performance of gold compared to the United States financial sector. When this relationship is rising, it can be said that investors are showing a preference for hard money. When it is falling, investors are showing more confidence in the paper money system. The first chart we’ll review is gold vs. […]

SPDR ETF Report For Monday, October 30

Oct 31, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Monday, October 30.Video Length: 00:12.22More By This Author:Financial Markets Report For Monday, October 30Metals Report For Monday, October 30 SPDR ETF Report For Friday, October 27