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:
EUR/USD Forecast: Looks Vulnerable To Pressures
In essence, the prevailing market sentiment favors a strategy of “fade the rallies.” Wednesday’s trading session will be closely watched by traders, with a keen eye on any developments from the Federal Reserve. In the early hours of the session, the euro faced substantial selling pressure, pushing the market to test the lower boundary of […]
U.K. Market Commentary – Thursday, November 2
BOE on DeckFollowing the Fed last night, all eyes now turn to the BOE today with traders keen to see whether the UK central bank will announce a similar pause or push further with tightening. The heavy drop in August inflation, which allowed the bank to pause in September, stalled last month with CPI sticking […]
4 Hour Chart Elliott Wave Technical Analysis: AUDUSD – Thursday, November 2
AUDUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 2 November 23Australian Dollar/U.S.Dollar (AUDUSD) 4 Hour ChartAUDUSD Elliott Wave Technical AnalysisFunction: TrendMode: impulsiveStructure: red wave 3 of 1Position: Blue wave 1Direction Next lower Degrees: red wave 4 of 1Details: Red wave 2 completed at 0.63144 , Now red wave 3 of 1 is in […]
Fed Keeps Its Finger On The Pause Button
Photo by Adam Nir on UnsplashChalk one up for the status quo.As expected, the Federal Reserve held interest rates steady in a range between 5.25 and 5.5% for the second straight month, and chairman Jerome Powell was intentionally noncommital about future Fed moves.There was very little change in the official FOMC statement. The committee left the […]
Bitcoin And Ethereum: Bitcoin Is Approaching $36,000 Level Bitcoin chart analysis
Bitcoin chart analysisBitcoin price broke out of the previous consolidation yesterday, forming a new high this morning at the $35968 level. The previous time we were at that level was a year and a half ago. The jump stops at that level, and Bitcoin begins to retreat, descending to the $35100 level.The pullback stops at […]
Today, The Focus Of Traders’ Attention Is On The Bank Of England’s Monetary Policy Meeting.
At the close of the stock exchange on Wednesday, the Dow Jones (US30) index rose by 0.67%, and the S&P 500 (US500) index rose by 1.05%. The NASDAQ Technology Index (US100) closed positive at 1.64% yesterday. The S&P 500 (US500) and Nasdaq 100 (US100) indices hit one-week highs, and the Dow Jones Industrials index hit a 10-day-high. Weaker-than-expected ADP employment and ISM manufacturing reports in the […]
Dividends By The Numbers In October 2023
At first glance, October 2023’s data for dividend changes looks like an improvement from September 2023. Month-over-month, the number of declared dividend increases rose and the number of dividend decreases fell, which is a positive development.FreepikMoreover the number of decreases is well below the threshold that indicates recessionary conditions are afoot within the U.S. economy.That […]
US Market Commentary – Thursday, November 2
Fed Pauses AgainGold prices are well bid today with the US Dollar starting the day in a muted fashion on the back of yesterday’s November FOMC meeting. The market had been expecting a “hawkish hold” from the Fed. However, the hold turned about to be a little less hawkish than some were expecting. The Fed […]
Gold Price Playing In Rising Wedge, Focus On FOMC
The gold price turned to the downside in the short term, but a more extensive correction is far from being confirmed. The metal is trading at $1,983, far below yesterday’s high of $2,007.FreepikThe yellow metal dropped to $1,975 today, where it found a slight demand again.The Bank of Japan left the policy rate unchanged in […]
BoE Preview: Three Scenarios And Their Implications For GBP/USD
Economists at TD Securities discuss the Bank of England Interest Rate Decision and its implications for the GBP/USD pair.UnsplashNeutral hold (35%): Unchanged language The MPC delivers a hold and keeps its guidance roughly unchanged. While the recent data flow has been weak, the MPC stresses that UK data has been highly volatile lately, and emphasizes upside revisions to […]
