November 2023 - Page 67 of 244 -

When Seasonals Send Out A Warning

Nov 23, 2023 Jeremy Parkinson Finance 0

Image source: Pixabay The outlook for the Swiss National Bank & the Bank of Japan is really quite different.The Bank of Japan is expected to exit its negative interest rate policy and start hiking rates around spring 2024. The Swiss National Bank is expected, by short-term interest rate markets, to stop hiking rates with its inflation […]

BTC/USD Forex Signal: Bullish Consolidation Near Long-Term High

Nov 23, 2023 Jeremy Parkinson Finance 0

If we get another strong bearish rejection of the $38k area, this could be a good short trade, but due to the high volatility that trade could be a nervous ride. My previous BTC/USD signal on 15th November was not triggered as there was no bearish price action at the first touch of either of the identified […]

Threats To Refinancing Of Private Debt

Nov 23, 2023 Jeremy Parkinson Finance 0

For several months now, we have highlighted the threat posed by rising interest rates to the US government budget. Faced with a debt wall, the Treasury will have to significantly increase the amount it borrows on the markets. The U.S. government faces the same problem as a variable-rate borrower whose repayments increase overnight when interest rates […]

Bitcoin Recovered To $37500 And Ethereum Near $2100

Nov 23, 2023 Jeremy Parkinson Finance 0

Bitcoin chart analysisThe price of Bitcoin fully recovered yesterday after falling the day before to the $35539 level. It managed to form a new weekly high at the $37865 level. We stopped at that level and began a pullback to support at the $37,200 level. We have received support, in for now, we are moving in a […]

GBP/USD Forex Signal: Neutral Outlook With A Bullish Bias

Nov 23, 2023 Jeremy Parkinson Finance 0

Bullish view Buy the GBP/USD pair and set a take-profit at 1.2560. Add a stop-loss at 1.2415. Timeline: 1-2 days. Bearish view Set a sell-stop at 1.2450 and a take-profit at 1.2400. Add a stop-loss at 1.2545. The GBP/USD price continued its retreat as traders reacted to the UK autumn statement by Jeremy Hunt. The exchange rate […]

Elliott Wave Technical Analysis 4 Hour Chart: Euro/U.S. Dollar – Thursday, Nov. 23

Nov 23, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash EURUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 23 November 2023Euro/U.S.Dollar(EURUSD) 4 Hour ChartEURUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: impulsive Structure: black wave A of YPosition: wave 2/BDirection Next lower Degrees: black wave A(started)Details: blue wave C of Y of X looking completed at 1.09661, Now black wave A of Y […]

FX Daily: No Turkey For Dollar Bears

Nov 23, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The Thanksgiving holiday means thin volumes and no US data releases today. We expect some stabilization in EUR/USD after strong jobless claims fuelled the dollar rebound. Still, eurozone PMIs might trigger some fresh position-squaring events. In Sweden, we are slightly in favour of a Riksbank hike today, but it is a very close […]

Elliott Wave Technical Analysis Day Chart: Euro/U.S. Dollar – Thursday, Nov. 23

Nov 23, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay EURUSD Elliott Wave Analysis Trading Lounge Day Chart, 23 November 2023Euro/U.S.Dollar(EURUSD) Day ChartEURUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: corrective Structure: black wave A of YPosition: wave 2/BDirection Next lower Degrees: black wave A(started)Details: blue wave C of Y of X looking completed at 1.09661, Now black wave A of Y may start. […]

GBP/USD Price Analysis: Aims To Revisit Two-Month Highs, Hovers Above 1.2500

Nov 23, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash GBP/USD moves above the 1.2500 level while recovering recent losses. The pair’s bulls could explore the 1.2550 major barrier as technical indicators suggest strong momentum. Seven-day EMA appears as a key support aligned with the 1.2450 major level near to the weekly low. GBP/USD retraces recent losses registered in the previous session, trading higher […]

Silver Preparing For Breakout Higher

Nov 23, 2023 Jeremy Parkinson Finance 0

Image Source: PixabaySilver (XAGUSD) shows a higher high (bullish) sequence from 10.3.2023 low favoring further upside. The rally higher from 10.3.2023 is unfolding as a 5 waves impulse. Up from 10.3.2023 low, wave (1) ended at 23.69 and pullback in wave (2) ended at 21.86 as the 1 hour chart below shows. Wave (3) higher is […]