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BTC/USD Forex Signal: The January Effect Starts

BTC/USD Forex Signal: The January Effect Starts

The BTC/USD pair has been crawling back in the past few days after bottoming at 41,300 on Saturday.  Bullish view Buy the BTC/USD pair and set a take-profit at 46,500. Add a stop-loss at 44,500.. Timeline: 1-2 days.  Bearish view Set a sell-stop at 45,000 and a take-profit at 44,000. Add a stop-loss at 46,500. Bitcoin price made […]
Sensex Today Trades Lower; M&M, L&T Top Losers

Sensex Today Trades Lower; M&M, L&T Top Losers

Asian shares were mostly on the backfoot on Tuesday, marking their first session of the new year, following the cuts in the US stocks on Friday as euphoria over rate cuts by the US Fed faded away.US Stock markets observed a public holiday on Monday on the account of the new year.Here’s a table showing […]
GBP/USD Price Analysis: Grapples To Recover Recent Losses, Trades Near 1.2730

GBP/USD Price Analysis: Grapples To Recover Recent Losses, Trades Near 1.2730

GBP/USD seems to hold its position above 1.2730 on the hawkish stance of BoE. MACD suggests a transition to a bearish market sentiment. A breach below 1.2700 could push the pair toward the 23.6% Fibonacci retracement at 1.2643. GBP/USD looks to halt a two-day losing streak, trading slightly higher near 1.2730 during the Asian hours […]
A Round Of Profit Taking As New Year Gets Going

A Round Of Profit Taking As New Year Gets Going

Image Source: Pixabay  As the new week and the new year gets going, we’re seeing a wave of profit taking kick in. This shouldn’t come as any surprise after the US Dollar had been aggressively sold and US equities aggressively bid in December.Video Length: 00:01:03More By This Author:US Dollar Closes 2023 On The Back Foot Former […]
What Is Going On In Mexico?

What Is Going On In Mexico?

Because your own strength is unequal to the task, do not assume that it is beyond the powers of man; but if anything is within the powers and province of man, believe that it is within your own compass also. ~ Marcus Aurelius FreepikIn this week’s Dirty Dozen [CHART PACK] we go over the 2023 leaders and losers, look […]
AUD/USD Forex Signal: Stuck In A Range As China Woes Mount 
                    
Bearish view

AUD/USD Forex Signal: Stuck In A Range As China Woes Mount Bearish view

Image Source: PixabayThe pair remains slightly above the 50-period moving average and the Woodie pivot point. Bullish view Buy the AUD/USD pair and set a take-profit at 0.6870. Add a stop-loss at 0.6700. Timeline: 1-2 days. Bearish view Set a sell-stop at 0.6800 and a take-profit at 0.6700. Add a stop-loss at 0.6875. The Australian dollar pulled back slightly on Tuesday […]
XPO INC Looking To End Impulsive Rally

XPO INC Looking To End Impulsive Rally

Image Source: PexelsXPO INC., (XPO) provides freight transportation services in the United States, the rest of North America, Europe, the UK & internationally. It operates in two segments, North American LTL & European Transportation & offers services to different industries. It is based in Greenwich, CT, comes under the “Industrials” sector & trades as “XPO” ticker […]
Financial Markets Report For Monday, January 1

Financial Markets Report For Monday, January 1

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, January 1.Video Length: 00:14:43More By This Author:Metals Report For Monday, January 1Financial Markets Report For Thursday, December 28Metals Report For Thursday, December 28
Silver Price Forecast: Gold/Silver Ratio Points To More Upside

Silver Price Forecast: Gold/Silver Ratio Points To More Upside

Image Source: Pixabay Silver price has remained in a tight range in the past few days. The gold/silver ratio has remained steady above 80. Focus now shifts to the upcoming US NFP data. Silver price started the year in a muted way as traders focused on China’s slowdown and the next actions by the Federal Reserve. It […]
Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, Jan. 1

Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, Jan. 1

Image Source: UnsplashMarket Signals for the US stock market S&P 500 Index and Indian Stock Market Nifty Index for the Week beginning January 01. Asset Class Weekly Level / Change Implication for S & P 500 Implication for Nifty* S & P 500 4770, 0.32% Neutral Neutral Nifty 21731, 1.79% Neutral ** Bullish China Shanghai Index […]