November 2023 - Page 95 of 244 -

From Cisco To Walmart, Bonds To Oil

Nov 20, 2023 Jeremy Parkinson Finance 0

Image source: Pixabay Don’t call it a comeback, deflation has been here the whole time. Most just forgot about it or were distracted by the combined summertime of soft landing and oil prices. The downside of the disinflation rebound and the weakness it is revealing have brought all the bad deflationary feelings back up to the […]

BTC/USD Forex Signal: Bearish Divergence Pattern Forms

Nov 20, 2023 Jeremy Parkinson Finance 0

Bitcoin has remained in a tight range in the past few weeks. Bearish view Sell the BTC/USD pair and set a take-profit at 35,000. Add a stop-loss at 38,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 38,000. Add a stop-loss at 35,000. Bitcoin price held quite steady above the key support level at […]

Two Trades To Watch: GBP/USD, DAX Forecast – Monday, Nov. 20

Nov 20, 2023 Jeremy Parkinson Finance 0

Photo by Colin Watts on Unsplash GBP/USD consolidates ahead of BoE Bailey’s speech BoE & Fed rate cuts are in focus BoE Governor Bailey to speak GBP/USD consolidates below 1.25 GBP/USD is consolidating below 1.25, after rising to a 2-month high in the previous week amid USD weakness and ahead of a speech by Bank of England governor […]

EUR/USD Forecast: Dollar’s Descent Favoring Euro Buyers

Nov 20, 2023 Jeremy Parkinson Finance 0

As we embark on the new week, the dollar extended its downward journey, painting an optimistic picture for the EUR/USD forecast. In response to the weakened dollar, the euro climbed to a level exceeding $1.0924. Consequently, it hit its highest point in over two months. Traders solidified their belief that US rates have peaked and shifted […]

Elliott Wave Technical Analysis: Dogecoin/U.S. Dollar – Monday, Nov. 20

Nov 20, 2023 Jeremy Parkinson Finance 0

Photo by Executium on Unsplash Elliott Wave Analysis TradingLounge Daily Chart, 20 November 2023.Dogecoin/U.S. Dollar(DOGEUSD)DOGEUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: …..Position: Wave 2Direction Next higher Degrees: wave ((2)) of ImpulseWave Cancel invalid Level: 4.50Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))Dogecoin/U.S. Dollar(DOGEUSD) Trading Strategy: Dogecoin recovered well from the 0.0573 level […]

Microsoft Gains In Premarket After OpenAI’s Ex-CEO Joins To Lead New Research Team

Nov 20, 2023 Jeremy Parkinson Finance, No picture 0

Sam Altman joined Microsoft on Monday, days after getting unexpectedly ousted by OpenAI.Just days after being abruptly forced out by OpenAI’s board of directors, Sam Altman has joined Microsoft (MSFT). According to an announcement on Monday, Mr. Altman will lead a new advanced AI research team at the tech corporation and will be joined by OpenAI’s co-founder and former […]

GBP/USD Climbs Back Closer To Over Two-Month Top, Bulls Flirt With 100-day SMA Near 1.2500

Nov 20, 2023 Jeremy Parkinson Finance, No picture 0

The GBP/USD pair attracts some dip-buying following an early dip to the 1.2440 area on Monday and builds on its steady ascent through the early part of the European session. Spot prices climb back closer to the 1.2500 psychological mark, with bulls now awaiting a sustained move and acceptance above the 100-day Simple Moving Average […]

Sensex Today Trades Lower; RBL Bank Tanks 7%

Nov 20, 2023 Jeremy Parkinson Finance 0

Asian shares are trading mixed as strong earnings and offshore demand fuelled a three-week winning streak.The Nikkei is trading flat while the Hang Seng index jumped 0.8%. The Shanghai Composite is trading 0.2% lower.US stocks edged up slightly on Friday as investors digested recent gains while remarks from Federal Reserve officials clouded the outlook about […]

The S&P 500 Jumps As Positive Inflation News Takes Threat Of Near-Term Rate Hikes Off Table

Nov 20, 2023 Jeremy Parkinson Finance, No picture 0

The S&P 500 (Index: SPX) had one of its best weeks in 2023. The index rose nearly 2.2% to 4510.54. Since bottoming on 27 October 2023, the index has flirted with recording its fastest comeback ever after going into a correction, rising 9.5% in the weeks since.There is one and only one story behind the past week’s rise in […]

Bitcoin And Ethereum: Bitcoin Is Back Above $37000

Nov 20, 2023 Jeremy Parkinson Finance 0

Bitcoin chart analysisOver the weekend, Bitcoin price was in a bullish consolidation from $36,300 to the $37,000 level. All the time, we had support in the EMA50 moving average, which had a positive effect on the price movement. There is a strong bullish impulse at $37,500 in the form of a high. The price of Bitcoin comes […]