January 2024 - Page 57 of 87 -

Consolidative Tone Emerges Ahead Of Tomorrow’s US Jobs And EMU CPI

Jan 04, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Overview: After gaining for the past couple of sessions to open the New Year, the dollar is mostly softer today. The yen is the main exception. The greenback was bid above the JPY144 area where chunky options expire today. Most emerging market currencies are also firmer though there are a few exceptions in Asia, […]

Failed Breakouts (QQQ $400, IWM $200), WBA: Good Enough

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Needless to say this is not the start to the year the crowd was expecting. Everything was breaking out at the end of last year but two of the most important ETFs in the market have failed to hold their breakout levels in the first two days of the New Year. QQQ has fallen back […]

Pound Sterling Price News And Forecast: GBP Advances On Improved Market Mood

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

GBP/USD Forecast: Pound Sterling holds above key support levels, encouraging buyersDespite the risk-averse market environment and the persistent US Dollar (USD) strength, GBP/USD registered modest gains on Wednesday. Early Thursday, the pair continues to edge higher toward 1.2700.The hawkish tone seen in the minutes of the Federal Reserve’s (Fed) December policy meeting, combined with a […]

Solana And Cardano: Solana Retreats Below The 100.00 Level

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Solana chart analysisThe price of Solana is moving away slowly from last year’s high at 125.97 level. This week, we managed to jump to the 117.00 level. We stopped there and started a pullback. Yesterday, we fell below the 100.00 level and stopped at the 85.50 support level. The bearish impulse was short-lived, and we […]

Markets And Fed Minutes See Path For Rate Cuts In 2024

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Uncertainty is as thick as ever for diving into what awaits in the year ahead, but there’s still a growing consensus building that the Federal Reserve will soon start cutting interest rates. Although some analysts caution that the odds for dovish policy changes aren’t as high as some forecasts suggest, the crowd is nonetheless convinced that the […]

EURUSD Analysis – Thursday, Jan. 4

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The EURUSD currency pair has made a significant breakthrough, surpassing the resistance level at 1.0965. This breakout suggests that the previous downward movement from 1.1139 has concluded at 1.0893.The recent price action indicates a potential upward trend in the coming days, with the next target set at 1.1000, followed by 1.1090. This bullish […]

USD Softens After Stellar Start To 2024

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

The US dollar is taking a breather after a historic first few days of the new year.The world’s reserve currency has not fallen at the start of the calendar year since 2012 and it advanced again yesterday to a two-week high. Checking through our charts, we see the start of 2024 is the biggest rally […]

Foxconn, TMSC Shares Dip As Apple Finds Itself In A Tough Spot

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Shares of key Apple suppliers TSMC and Foxconn are in the red following an abrupt dip in Apple’s stock.Apple’s shares (AAPL) have fallen over 4.2% since the start of 2024 after recent analyst downgrades. The company has found itself in a tough spot with declining sales and facing regulatory scrutiny. Consequently, the decline has also affected […]

How To Invest For Income In 2024

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image source: Pixabay 2024 is upon us.By the time this hits your inbox, the ball will have fallen, “Auld Lang Syne” will have been packed away for another 364 days, and my dogs will almost have recovered from the sedative we have to give them because of the massive fireworks display our neighbors put on every […]

US Stock: Ford Motor

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Company: Ford Motor CompanyBloomberg ticker: F USMarket cap: US $46.875BBackground: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary. World Class Benchmarking of Ford Motor Profitable Growth rank of 8 was up compared to the prior period’s 9th rank This is below average performance compared to […]