November 2023 - Page 76 of 244 -

Dollar Yen Commentary – Wednesday, November 22

Nov 22, 2023 Jeremy Parkinson Finance 0

Key Test For USDJPYUSDJPY is at an interesting juncture here. Following the correction from highs and the break below the 148.98 level lows, price is now retesting that level from beneath. If bulls can get back above here, this might well signal the end of the correction and the potential resumption of the broader bull […]

Sensex Today Trades Marginally Higher; BPCL & Cipla Top Gainers

Nov 22, 2023 Jeremy Parkinson Finance 0

Asian shares dropped on Wednesday after the rally in US stocks took a breather as investors mostly shrugged off minutes from the Federal Reserve’s latest meeting.The Nikkei is trading 0.6% higher while the Hang Seng index was trading flat. The Shanghai Composite is trading 0.2% lower.US stocks dipped on Tuesday and gold touched a two-week […]

Dogecoin Falls To 0.07060, And Shiba Inu Is Also Sliding

Nov 22, 2023 Jeremy Parkinson Finance 0

Dogecoin chart analysisDogecoin price is in bearish consolidation at the beginning of this week. Last night, a weekly low was formed at the 0.07063 level. We managed to get support in that zone and start recovery. The current price of Dogecoin is 0.07450, and we could expect to see continued growth above the 0.07500 level. […]

Bear Of The Day – Skyworks Solutions

Nov 22, 2023 Jeremy Parkinson Finance 0

Providing a broad range of high-performance analog and mixed-signal semiconductors, the long-term outlook of Skyworks Solutions (SWKS) is still favorable but short-term risks lie ahead.Specifically, Skyworks products are used in applications within the aerospace, automotive, broadband, and cellular infrastructure markets among others that relate to radio frequency.Unfortunately, the Zacks Semiconductors-Radio Frequency Industry is currently in […]

Euro Dollar Commentary

Nov 22, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Lagarde Warns Over Inflation RisksEURUSD is trading lower through the middle of the week having reversed sharply from yesterday’s highs around the 1.0960 mark. The reversal comes despite ECB’s Lagarde warning yesterday that the bank was not yet done with its fight against inflation, signaling that further tightening might still be needed. Lagarde’s […]

2 Top-Ranked Tech Stocks To Buy For Passive Income

Nov 22, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: PixabayTech stocks have been red-hot in November, delivering outsized gains. They’ve overall jumped back in favor in 2023, particularly following a tough 2022 and excitement surrounding artificial intelligence applications.Other than tech stocks, investors also love dividends, as they can provide a nice buffer against drawdowns in other positions and a passive income stream. And […]

Elliott Wave Technical Analysis: AAVEUSD – Wednesday, November 22

Nov 22, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UpsplashElliott Wave Analysis TradingLounge Daily Chart, 22 November 23,AAVE / U.S. dollar(AAVEUSD)AAVEUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: ZigzagPosition: Wave (B)Direction Next higher Degrees: Wave ((2)) of ImpulseWave Cancel invalid Level: 50.391Details: the corrective in wave 2 trend to 61.8% of wave 1 at 71.177AAVE / U.S. dollar(AAVEUSD)Trading Strategy: AAVE has entered a […]

EUR/USD Price Analysis: Hovers Above 1.0900 On ECB Lagarde’s Hawkish Comments

Nov 22, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD strengthened as ECB President Lagarde stated that it is premature to declare victory over inflation. The pair could re-attempt to reach the 1.1000 psychological level as technical indicators support the upward trend. The psychological level at 1.0900 acts as the immediate support backed by the seven-day EMA at 1.0874. EUR/USD attempts to […]

China Picks 50 Developers For $138 Billion Gambit To Stem Real Estate Crisis

Nov 22, 2023 Jeremy Parkinson Finance 0

On Sunday we noted that Beijing would be employing several schemes to try and put a floor under its spiraling property crisis – chief among them, providing at least 1 trillion yuan (US$137 billion) in low-cost financing to renovate urban villages and build new, affordable housing (which, according to Bloomberg‘s Ye Xie, George Lei and Henry Ren, might not […]

Asia Morning Bites For Wednesday, November 22

Nov 22, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashGlobal Macro and Markets Global markets: Tuesday saw modest declines in bond yields and also some slight weakness in stocks while the dollar made back some of its recent losses. The yields on 2Y and 10Y US Treasuries fell by 3.9bp and 2.7bp respectively. The 10Y now sits at 4.393%. The S&P 500 dropped by […]