Archives by Month:
- December 2024
- 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:
Elliott Wave Technical Analysis 4 Hour Chart: U.S. Dollar/Canadian Dollar – Wednesday, Nov. 29
Photo by Michelle Spollen on Unsplash USD/CAD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 29 November 2023U.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 looking completed at 1.37679, now blue wave C […]
Macro: Consumer Confidence
Image source: PixabayHere are some of the headline sentiments I am seeing: consumer confidence rises consumer confidence rebounds consumer confidence rises for the first time in 4 months consumer is optimistic Let’s take this with a grain of salt. Last month’s initial number was 102.6. This month’s number is 102.0.Last month’s print of 102.6 was revised […]
“Resilient” American Consumers Cutting Back Spending, Running Up More Debt This Holiday Season
Image Source: UnsplashHoliday shoppers plan on cutting back on spending and piling on even more debt this year, and nearly a quarter of Americans still haven’t paid off their debt from last year’s holiday spending spree.These were just a few revelations in a recent WalletHub survey that indicates American consumers aren’t quite as “resilient” as pundits and government […]
On Sustainable Cluster Bombs
Stock photo by VecteezyAside from innovation, BOOM and bust cycles are driven by three factors: Government regulation, market intervention, and the injection of public funds into the market.When governments want to “encourage” investment into one sector or another, they do as BlackRock CEO, Larry Fink, does with the tools available to them.Here’s what Fink, CEO of […]
AUD/USD Price Analysis: Bulls Hit 4-Month Top Despite Low CPI
Image Source: Unsplash There was a drop in Australia’s inflation in October. The Aussie benefited from a weakening greenback. Financial markets anticipate the RBA to maintain current rates in December. In Wednesday’s AUD/USD price analysis, we find the Australian dollar showcasing resilience, surging to a four-month high despite a recent dip in Australia’s inflation in October. […]
EUR/USD Price Analysis: Holds Positive Ground Above 1.1000, Bull Cross Eyed
Image Source: Pixabay EUR/USD trades in positive territory for five straight days above the 1.1000 psychological mark. The 50-hour EMA is on the verge of crossing above the 100-hour EMA. The immediate resistance level is located at 1.1065; the initial support level will emerge at 1.0900. The EUR/USD pair gains traction for the fifth consecutive day during the […]
Asia Morning Bites For Wednesday, November 29
Image Source: Pixabay Global macro and markets: Global markets: Some remarks from Fed Governor Christopher Waller about the possibility of rate cuts once the Fed reaches its 2% inflation target were seized on by bond bulls yesterday and drove a sharp rally at the front end of the yield curve. 2Y Treasury yields fell 11.6bp to 4.734% […]
SPDR ETF Report For Tuesday, November 28
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Tuesday, November 28.Video Length: 00:13:51More By This Author:Financial Markets Report For Tuesday, November 28Metals Report For Tuesday, November 28SPDR ETF Report For Monday, November 27
Gold Futures: Extra Gains Appear On The Cards
Image Source: UnsplashOpen interest in gold futures markets increased by around 10.1K contracts on Tuesday, reversing at the same time three consecutive daily pullbacks according to preliminary readings from CME Group. Volume, instead, shrank by around 39.8K contracts after two daily builds in a row.Gold: Next target comes at the 2023 topGold prices extended the uptrend north […]
Tired Bull Or Ready For Another Charge? Decoding The Up Momentum Puzzle
Image Source: UnsplashWatch the video extracted from the WLGC session before the market opens on 28 Nov 2023 below to find out the following: How to spot the fading of the up momentum. Analogue comparison using the monthly chart for the S&P 500 long-term trend Assessment of the supply level for the strong rally since November The #1 thing […]
