Archives by Month:

Archives by Year:

4 Hour Chart Elliott Wave Technical Analysis: USD/CAD – Friday, November 17

4 Hour Chart Elliott Wave Technical Analysis: USD/CAD – Friday, November 17

Photo by Michelle Spollen on UnsplashUSD/CAD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 17 November 23U.S.Dollar /Canadian Dollar(USD/CAD) 4 Hour ChartUSD/CAD Elliott Wave Technical AnalysisFunction: Counter TrendMode: corrective  Structure: blue wave C of black wave BPosition: black wave BDirection Next Higher Degrees: black wave CDetails: Blue Wave B appears to be completed at 1.38537. Now, Blue Wave […]
SPDR ETF Report For Thursday, November 16

SPDR ETF Report For Thursday, November 16

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Thursday, November 16.Video Length: 00:13:42More By This Author:Financial Markets Report For Thursday, November 16Metals Report For Thursday, November 16Financial Markets Report For Wednesday, November 15
Gold Futures: Further Gains In The Pipeline

Gold Futures: Further Gains In The Pipeline

Image Source: PixabayCME Group’s flash data for gold futures markets noted traders added around 7.5K contracts to their open interest positions on Thursday, reversing at the same time the previous daily drop. Volume followed suit and went up by around 68.3K contracts after three daily pullbacks in a row.Gold and the hunt for $2000Gold prices rose to […]
Celsius Holdings Stock Nears A Key Price As Celsius Loses Momentum

Celsius Holdings Stock Nears A Key Price As Celsius Loses Momentum

Image Source: Pexels Celsius Holdings share price has crashed by over 27% from the YTD high. The company published strong financial results a few weeks ago. The stock is nearing the important support at the 200-day moving average. Celsius Holdings (CELH) stock price has made a bearish breakout in the past few weeks as the recent […]
Asia Morning Bites For Friday, November 17

Asia Morning Bites For Friday, November 17

Image Source: UnsplashGlobal Macro and Markets Global markets: US Treasury yields reversed course again yesterday, following some slightly higher US weekly jobless claims figures (see below). It doesn’t take much to cause a large swing in Treasuries these days. 2Y yields dropped 7.4bp to 4.838%, while those on the 10Y bond fell 9.6bp taking them back well […]
Elliott Wave Technical Analysis: ETHUSD – Friday, November 17

Elliott Wave Technical Analysis: ETHUSD – Friday, November 17

Image Source: PixabayElliott Wave Analysis TradingLounge Daily Chart, 17 November 23,Ethereum/ U.S. dollar(ETHUSD)ETHUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave 1Direction Next higher Degrees: wave (1) of ImpulseWave Cancel invalid level:Details: Wave 1 may have ended and prices are entering. Correction in Wave 2Ethereum/ U.S. dollar(ETHUSD)Trading Strategy: The rise in Wave (1) appears to have […]
Gold Is The Next 13-Year Breakout

Gold Is The Next 13-Year Breakout

Image Source: UnsplashSince its peak in August 2020, Gold has moved towards a breakout on multiple occasions but failed in every case. Nevertheless, as of Thursday, November 16, Gold is within 4% of a daily all-time high and 2% of a weekly all-time high. It appears only weeks, if not months, from a historic breakout.For months and […]
Financial Markets Report For Thursday, November 16

Financial Markets Report For Thursday, November 16

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, November 16.Video Length: 00:14:42More By This Author:Metals Report For Thursday, November 16Financial Markets Report For Wednesday, November 15Metals Report For Wednesday, November 15
USD/CHF Consolidates Near 0.8880 Ahead Of Swiss Industrial Production

USD/CHF Consolidates Near 0.8880 Ahead Of Swiss Industrial Production

Image Source: Unsplash  USD/CHF faced challenges on concerns over China’s property sector. Swiss Franc could gain ground on prevailing risk-off sentiment. Upbeat US jobless claims data seem ineffective to the US Dollar’s resilience. USD/CHF hovers around 0.8880 during the Asian session on Friday. The Swiss Franc (CHF), being a safe-haven currency, is receiving upward support amid […]
Should Investors Buy The Dip In Alibaba Or Walmart’s Stock After Earnings?

Should Investors Buy The Dip In Alibaba Or Walmart’s Stock After Earnings?

Image Source: PixabayThe dip in Alibaba (BABA) and Walmart‘s (WMT) stock may be catching investors’ attention after both companies reported their quarterly results on Thursday.Alibaba and Walmart’s stock ended today’s trading session down 8% and 9% respectively but let’s review their quarterly reports and current valuations to see if the drops are a buying opportunity.  Image Source: Zacks […]