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BTC/USD Forex Signal: Bitcoin Bullish Momentum To Accelerate

BTC/USD Forex Signal: Bitcoin Bullish Momentum To Accelerate

Bitcoin rally was mostly because of the ongoing hopes that the Securities and Exchange Commission (SEC) will approve a spot Bitcoin ETF.  Bullish view Buy the BTC/USD pair and set a take-profit at 46,000. Add a stop-loss at 44,380. Timeline: 1-2 days.  Bearish view Set a sell-stop at 45,000 and a take-profit at 44,000. Add a […]
Today, Investor Interest Is Focused On The FOMC Minutes

Today, Investor Interest Is Focused On The FOMC Minutes

Image Source: Pixabay  As of Tuesday’s stock market close, the Dow Jones (US30) index was up 0.07%, while the S&P 500 (US500) index decreased by 0.57% yesterday. The Nasdaq Technology Index (US100) closed negative by 1.63% on Tuesday. The S&P 500 (US500) fell to a one-week low, and the Nasdaq (US100) fell to a 2-week low.Weakness in technology stocks pressured the overall market. Apple (AAPL) shares fell […]
Peloton Stock Price Forecast: Peloton Is Ripe For A Bearish Breakout

Peloton Stock Price Forecast: Peloton Is Ripe For A Bearish Breakout

Peloton Interactive (PTON) stock price has moved sideways in the past few weeks as investors assess the company’s growth. The shares, which bottomed at $4.30 in 2023, have now bounced back to $5.82. They remain much lower than the all-time high of $171.25. The market cap of the once high-flying company has retreated to just […]
Dividends By The Numbers In December 2023 And 2023-Q4

Dividends By The Numbers In December 2023 And 2023-Q4

Image Source: Unsplash  2023 has come to an end, leaving behind a mixed legacy.For dividend-paying stocks, December 2023 was representative of 2023 as a whole. There was good news in that the number of unfavorable changes were down, month-over-month, quarter-over-quarter, and year-over-year. But there was also bad and mixed news. The number of dividend increases was […]
Key Events In Developed Markets And EMEA This Week

Key Events In Developed Markets And EMEA This Week

This week, the main focus in the US will be the jobs report which is expected to indicate that hiring is slowing more meaningfully as economic uncertainty increases. In Turkey, all eyes will be on the release of December annual inflation which we expect to come in at 65.1% US: Jobs report expected to indicate that hiring […]
USD/CAD Price Analysis: Maintains Its Position Near 1.3330 Ahead Of The US Key Events

USD/CAD Price Analysis: Maintains Its Position Near 1.3330 Ahead Of The US Key Events

USD/CAD hovers near 1.3330 during the Asian session on Wednesday. The USD/CAD pair receives upward support as investors turn back to the US Dollar (USD) on risk-off sentiment.The technical analysis of the Moving Average Convergence Divergence (MACD) for the USD/CAD pair suggests a potential shift in the pair’s trend as the MACD line lies below the centreline […]
Oil And Natural Gas: Oil Is Retreating Below $70.00

Oil And Natural Gas: Oil Is Retreating Below $70.00

Oil chart analysisOn the first trading day of this year, the oil price started successfully but was limited only to the $73.50 level. Additional flow in that zone creates the EMA50 moving average, and the price breaks below and falls to a new low for the year. During the Asian session, the price stayed around […]
Dow Futures Looking To Extend Higher To Complete Impulsive Structure

Dow Futures Looking To Extend Higher To Complete Impulsive Structure

Short Term Elliott Wave View in Dow Futures (YM) suggests that rally from 10.27.2023 low is in progress as a 5 waves impulse structure. Up from 10.27.2023, wave 1 ended at 34315 and pullback in wave 2 ended at 33913. FreepikThe Index then rallied higher in wave 3 towards 38012 and pullback in wave 4 ended at […]
Brent Crude Oil Price Forecast In The Age Of Abundance 
                    
 
 

Brent Crude Oil Price Forecast In The Age Of Abundance    

Brent and WTI oil prices continued falling this week. There are concerns about the rising oil supply in non-OPEC countries. Global oil demand is expected to grow in 2024. FreepikCrude oil prices remained under intense pressure this week even as the crisis in the Middle East escalated. Brent, the global benchmark, retreated to $76, down […]
Silver Price Analysis: Silver Hits Multi-Week Low, Seems Vulnerable Below 50% Fibo. 
                    
 

Silver Price Analysis: Silver Hits Multi-Week Low, Seems Vulnerable Below 50% Fibo.  

Silver (XAG/USD) remains under some selling pressure for the fourth successive day on Wednesday and drops to a near three-week low, below mid-$23.00s during the first half of the European session.With the latest leg down, the XAG/USD confirms a breakdown through the 50% Fibonacci retracement level of the $22.51-$24.61 move up and seems vulnerable to decline […]