2023 - Page 22 of 569 -

Forecast 2024: Bitcoin Yesterday, Tomorrow, And The Day After

Dec 28, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The main question, just a few years ago, was when the crypto bubble would burst. Over time, Bitcoin gradually earned its place in the minds and portfolios of traders and investors. Competing actively with physical gold and other investment and defensive assets, digital gold emerged as a formidable contender.In the past year, the […]

Dogecoin And Shiba Inu: Dogecoin To Resistance At 0.09500

Dec 28, 2023 Jeremy Parkinson Finance, No picture 0

Dogecoin chart analysisDogecoin price recovered in the second part of the day yesterday. Bullish consolidation pushed the price to the 0.09500 level this morning. After that, we encounter an open in that zone and the price begins to pull back to the 0.09300 level. Here, we are now testing the EMA50 moving average in the […]

USD/JPY Price Analysis: Declines To Five-Month Low, Trades Near 140.80

Dec 28, 2023 Jeremy Parkinson Finance, No picture 0

USD/JPY moves below the 141.00 psychological level on the back of the subdued US Dollar. A firm break above the 142.00 level could lead the pair to reach a nine-day EMA at 142.41. Technical indicators suggest a bearish sentiment to test the major support at 140.50. USD/JPY extends its losses as the US Dollar (USD) […]

Gold Forecast: Continues To Flex

Dec 28, 2023 Jeremy Parkinson Finance, No picture 0

As we approach the close of the year, it is essential to brace for the possibility of heightened volatility and decreased liquidity within the gold market. During the Wednesday session, gold has been choppy. Initially, there was a display of strength that grabbed the market’s attention, followed by a subsequent pullback, indicative of considerable volatility. This alternating […]

What Is GEX? The Ultimate Guide To Gamma Exposure

Dec 28, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels What is GEX? GEX or Gamma exposure, is a critical concept in the world of options trading, holding the key to understanding how market participants react to price movements. What Is GEX (Gamma Exposure)?Gamma exposure, commonly called GEX, measures the change in delta exposure for options based on a 1% change in the underlying price.Delta […]

USD/CAD Hovers Around 1.3200 Ahead Of US Jobless Claims

Dec 28, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: DepositPhotosThe USD/CAD pair trades in negative territory for the third consecutive week during the early European session on Thursday. The downward momentum of the pair is backed by the softer US Dollar (USD) and the lower US Treasury bond yields. The last week of 2023 is likely to be quiet as traders turn […]

BTC/USD Forecast: Shows Stable Price Action

Dec 28, 2023 Jeremy Parkinson Finance, No picture 0

Ultimately, the Bitcoin market is exhibiting signs of stabilization and potential growth, backed by both technical supports and favorable fundamental factors.The Bitcoin market has witnessed a modest rally during Wednesday’s trading session, indicating a continuation of the prevalent volatile behavior. This recent movement underscores the underlying strength at the 20-Day Exponential Moving Average, offering a robust support level. […]

Conservative “Cannabis” Stocks Index Down Slightly In December And YTD

Dec 28, 2023 Jeremy Parkinson Finance, No picture 0

Photo by Jason Briscoe on Unsplash The 5 tobacco, beer, and distiller/vintner companies with major investments in the cannabis sector, constituents in the munKNEE Conservative “Cannabis” Stocks Index, are ranked below in descending order as to their performances MTD and YTD and their current dividend yields. Conservative “Cannabis” Stocks Index Anheuser-Busch InBev (BUD): UP 3.1%% MTD; UP 8.0% […]

WTI Rebounds Above $74.00, Focus On Red Sea Developments

Dec 28, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: DepositPhotosWestern Texas Intermediate (WTI), the US crude oil benchmark, is trading around $74.30 on Thursday. The recovery of WTI prices is bolstered by the softer US Dollar (USD), which lends some support to USD-denominated commodities.That being said, the decline of the USD to a five-month low due to raising bets on interest rate cuts […]

Avalanche Closes 2023 With All-Time Highs In These Metrics

Dec 28, 2023 Jeremy Parkinson Finance, No picture 0

Avalanche (AVAX) saw a remarkable run in 2023, emerging as among the top alts of the year. Recent stats show the crypto attaining record-high figures in network validators and active monthly users. The project had around 1,708 validators as of December 26, marking the highest amount ever seen by the network.Data from Explorer shows Avalanche had approximately 1,704 […]