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WMA: The Bulls Are Back As Bitcoin Hits $44K And Altcoins Soar

WMA: The Bulls Are Back As Bitcoin Hits $44K And Altcoins Soar

Image Source: DepositPhotosThis Week’s Summary The crypto market ends the week at a total market capitalization of $1,64 trillion. Bitcoin increased by over 10% to reach around $43,800. Ethereum is up by almost 9% to trade at over $2,300. XRP gained almost 7% in value this week, reaching around $0.66 Almost all altcoins are trading […]
Sweden ETF (EWD) Hits New 52-Week High

Sweden ETF (EWD) Hits New 52-Week High

For investors seeking momentum, iShares MSCI Sweden ETF (EWD) is probably on the radar. The fund just hit a 52-week high and moved up 22.09% from its 52-week low price of $30.68/share.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a […]
EUR/USD: Weekly Forecast 10th December – 16th December

EUR/USD: Weekly Forecast 10th December – 16th December

Day traders in the EUR/USD likely ran into a costly whipsaw last week if they continued to press ahead with buying positions, this while believing the currency pair had sold off too much and would have to reverse higher. Instead of suddenly sparking sustained momentum higher, the EUR/USD in fact continued to nosedive and went […]
The Japanese Yen Could Be A Market Wild Card

The Japanese Yen Could Be A Market Wild Card

Image Source: DepositPhotosThe BOJ may choose to raise rates at next week’s monetary policy meeting and have the Japanese Yen strengthening, and that could be bad for global markets.Video length:00:01:00More By This Author:Here’s What Could Rattle Markets The Week of December 11, 2023The Danger Of A Rising Yield Curve Why Rates May Surge After The […]
Pairs In Focus This Week – USD/CHF, Gold, NASDAQ 100, FTSE 100, USD/CAD, USD/JPY, Dow Jones 30, GBP/USD 
                    
 
 
 
 
 
 

Pairs In Focus This Week – USD/CHF, Gold, NASDAQ 100, FTSE 100, USD/CAD, USD/JPY, Dow Jones 30, GBP/USD            

USD/CHFThe US dollar has rallied rather significantly against the Swiss franc during the course of the week, as it looks like we are starting to find the bottom of this market. Ultimately, we can break a little bit higher, clearing the last week candlestick, then I think the market could go looking to the 0.90 […]
AI Forecast: Efficient Forecasting Segments Of The Financial Market By AI 
                    
Analysis of the Financial Market Segments
How Our AI Algorithm Works
Conclusion

AI Forecast: Efficient Forecasting Segments Of The Financial Market By AI Analysis of the Financial Market Segments How Our AI Algorithm Works Conclusion

Image Source: DepositPhotosHighlights: Utilizing a Machine Learning approach to analyze financial data, enabling the identification of patterns at a level inaccessible to humans. All financial assets, to varying degrees (with the exception of VIX, the volatility index), exhibit long-term patterns, allowing for the application of machine learning methods. Corporate 5-10 years bonds and crude oil […]
EU Policymakers Complete World’s First AI Regulatory Framework

EU Policymakers Complete World’s First AI Regulatory Framework

Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead.European Union policymakers agreed Friday on a comprehensive regulation for artificial intelligence, the AI Act.This makes the EU the first governing body to pass AI legislation of the sort.The deal was struck […]
7 Largest Cannabis (Marijuana) MSOs Were Up 10% This Week

7 Largest Cannabis (Marijuana) MSOs Were Up 10% This Week

Image Source: Unsplash Below are the performances of the 7 constituents in the munKNEE American Cannabis MSOs Index, in descending order, based on their performances this week, and any recent news about them.  American Cannabis MSOs Index Curaleaf Holdings (CURLF): up 21.8%  Read: Curaleaf Announces Reorganization of its U.S. Operations in Connection with TSX Listing Ayr Wellness (AYRWF): up 19.9% Read: AYR Wellness […]
Is A Soft Landing In The Bag?

Is A Soft Landing In The Bag?

According to U.S. Treasury Secretary Janet Yellen economists who predicted that a sustained period of high U.S. unemployment—and perhaps even recession—would be needed to bring down inflation are now “eating their words”.FreepikThis follows earlier comments by Ms. Yellen last month that a soft landing is “on track.” Claudia Sahm, a US macroeconomist, agrees. In an […]
Weekly Forex Forecast – USD/JPY, Bitcoin, Nasdaq 100, Cocoa Futures 
                    
 
 
 
 
 
 
 
 

Weekly Forex Forecast – USD/JPY, Bitcoin, Nasdaq 100, Cocoa Futures                

The difference between success and failure in Forex / CFD trading is highly likely to depend on which assets you choose to trade each week and in which direction, and not on the methods you might use to determine trade entries and exits.FreepikWhen starting the week, it is a good idea to look at the […]