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EURUSD Turns Bullish With An Impulse

EURUSD Turns Bullish With An Impulse

Image Source: DepositPhotosEuro turned up in November, it recovered with a sharp reaction higher up to 1.1 resistance where pair slowed down and made some nice pullback but a sharp one. Well, after a somehow hawkish ECB event yesterday, the euro is coming higher again, and it appears that the pair is tracing out now […]
Oil And Natural Gas: Oil Pressures The $72.00 Price 
                    
 

Oil And Natural Gas: Oil Pressures The $72.00 Price  

Oil chart analysisOn Wednesday, the oil price was released from pressure after falling to $67.68. From that level, we see the acceleration of bullish consolidation, which yesterday raised the price to the $72.50 level. During the Asian trading session, oil dropped to $71.50, where it successfully gained support and is now rising above the $72.00 […]
Daily Market Outlook – Friday, Dec. 15

Daily Market Outlook – Friday, Dec. 15

Image Source: Pixabay  Asia – Stocks in the Asia-Pacific region mostly traded higher, buoyed by positive sentiment from Wall Street, supported by favorable data and decreasing yields following the recent dovish pivot by the Federal Reserve. The Nikkei 225 rose, surpassing the psychological 33K handle. The Hang Seng surged by 2.7%, outperforming on the back of […]
FX Daily: European Pushback Supports Local Currencies

FX Daily: European Pushback Supports Local Currencies

Image Source: Unsplash  As the dust settles after a furious period for central bank meetings we are left to conclude that European policymakers have chosen to push back more than the Fed when it comes to what the market prices for 2024 rate cuts. For today, the focus will be on flash PMI business survey readings on […]
Elliott Wave Technical Analysis 4 Hour Chart: Australian Dollar/U.S. Dollar – Friday, Dec. 15

Elliott Wave Technical Analysis 4 Hour Chart: Australian Dollar/U.S. Dollar – Friday, Dec. 15

Image Source: Unsplash  AUDUSD Elliott Wave Analysis Trading Lounge 4 Hour  Chart, 15 December 2023Australian Dollar/U.S.Dollar (AUDUSD) 4 Hour ChartAUDUSD Elliott Wave Technical AnalysisFunction: TrendMode: ImpulsiveStructure: blue wave 5 of 1Position:  Red wave 3Direction Next Lower Degrees: black wave 2Details: blue wave 5 of 1 is in play. Wave Cancel invalid level: 0.65406The “AUDUSD Elliott Wave […]
Elliott Wave Technical Analysis Day Chart: Australian Dollar/U.S. Dollar – Friday, Dec. 15

Elliott Wave Technical Analysis Day Chart: Australian Dollar/U.S. Dollar – Friday, Dec. 15

Image Source: Pexels  AUDUSD Elliott Wave Analysis Trading Lounge Day  Chart, 15 December 2023Australian Dollar/U.S. Dollar (AUDUSD) Day ChartAUDUSD Elliott Wave Technical AnalysisFunction: TrendMode: ImpulsiveStructure: blue wave 5 of 1Position:  Red wave 3Direction Next Lower Degrees: black wave 2Details: blue wave 5 of 1 is in play and expecting to go up more. Wave Cancel invalid […]
How To Make Money From The Chip Wars?

How To Make Money From The Chip Wars?

Image Source: Unsplash  An in-depth stock analysis of Nvidia, Alibaba, and Advanced Micro Devices.Video Length: 00:07:04More By This Author:Can Tesla Cybertruck Take Over China? This Is How Huawei Shocked America With An EV China Makes BIG Moves For Tesla; Tesla To Push Through With FSD Rollout In China
Utility Stocks For Income And Growth Thanks To Rising Interest Rates

Utility Stocks For Income And Growth Thanks To Rising Interest Rates

Utility StocksIn this video, Chuck Carnevale will take a look at Utility Stocks in the Utility Sector. Chuck will discuss the characteristics of companies in this sector and what to expect from them. He will compare undervalued utility stocks to the overvalued S&P 500 ETF (SPY) to highlight the potential for value and income. He […]
Piper Sandler Is ‘Incrementally More Positive’ On Foot Locker Stock

Piper Sandler Is ‘Incrementally More Positive’ On Foot Locker Stock

Image Source: Unsplash Foot Locker Inc (NYSE: FL) is up nearly 10% on Thursday after a Piper Sandler analyst issued a bullish note in its favor. Foot Locker stock has upside to $33 Abbie Zvejnieks upgraded the footwear retailer today to “overweight” and raised her price target to $33 which suggests a 16% upside on its […]
Stocks Ascend To The Summit Ahead Of December OPEX

Stocks Ascend To The Summit Ahead Of December OPEX

The shocks continued to roll through the markets on Thursday as the ECB and the BOE pushed back on the market expectations for rate cuts. This creates more questions than answers as to why the Fed decided to show its hand now. Unfortunately, we will have to wait ten more years to find out what […]