March 2024 - Page 150 of 200 -

Politics And Trade In 2024

Mar 13, 2024 Jeremy Parkinson Finance, No picture 0

The Super Tuesday presidential primaries have come and gone in the United States. Along with them is any question of which political candidates will collect enough delegates to win their respective major party’s nomination for president in the 2024 elections. Barring unforeseen events, Donald Trump will be the Republican nominee and Joe Biden will be the Democratic […]

Coming Bitcoin Halving + 9 New Spot Bitcoin ETFs = Record High Bitcoin Price

Mar 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay IntroductionThe halving of Bitcoin mining rewards, anticipated to occur in April, has historically been associated with heightened investor interest and major price increases in the value of the cryptocurrency. This article provides some background on this halving event, information on 9 spot Bitcoin ETFs that came on the market this past January, and […]

Daily Market Outlook – Wednesday, March 13

Mar 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Most Asian stock markets are experiencing gains on Wednesday, taking direction from the overall positive performance of global markets. This was influenced by the favorable response to the long-awaited report on US consumer price inflation for February, which indicated a decrease in core price growth. This has increased optimism about the possibility of […]

AUD/USD Forex Signal: Inverse Head And Shoulders Pattern Forms

Mar 13, 2024 Jeremy Parkinson Finance 0

Bullish view Buy the AUD/USD pair and set a take-profit at 0.6668. Add a stop-loss at 0.6545. Timeline: 1-2 days. Bearish view Set a sell-stop at 0.6585 and a take-profit at 0.6500. Add a stop-loss at 0.6660. The US dollar rebounded against the Aussie after the strong US consumer inflation report. The AUD/USD pair dropped […]

FX Daily: Dollar Starts To Look Cheap In The Short Term

Mar 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The dollar has not benefited much from the hotter US CPI figures released yesterday, and we think there is some room for a rebound in the greenback before the end of the week. Today, the focus will be on the European Central Bank’s operational framework review. The FX impact should be limited though, and […]

He Called The Breakout. What’s Next For Gold?

Mar 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashIn November 2023 we interviewed Robert Sinn @GoldfingerCapital who said Gold was about to enter to Nirvana. His call was dead on.We follow up and get his upside targets for Gold and timetables as well as his outlook for Silver. The interview is divided into chapters.Video Length: 00:32:54More By This Author:How History Informs Us About Gold’s […]

Elliott Wave Technical Analysis: GBPUSD – Wednesday, March 13

Mar 13, 2024 Jeremy Parkinson Finance, No picture 0

GBPUSD Elliott Wave Analysis Trading Lounge Day Chart, 13 March 24 British Pound/U.S.Dollar (GBPUSD) Day ChartGBPUSD Elliott Wave Technical AnalysisFUNCTION: Trend MODE: impulsive STRUCTURE: Red wave 3 POSITION: blue wave 5 DIRECTION NEXT LOWER DEGREES: red wave 4 DETAILS: Red wave 2 of blue […]

The US Economic Bust Continues, But A Recession Has Been Delayed

Mar 13, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayThe combination of the ISM Manufacturing New Orders Index (NOI) and the yield curve, our two favourite high-frequency leading indicators of US recession, has been warning of imminent recession since September-2023. Clearly, the warning has not been timely in that no recession has materialised yet. Furthermore, a month ago we noted that while the […]

EUR/USD Price Analysis: Stuck In A Range Below 100-Hour SMA Pivotal Resistance

Mar 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD struggles for a firm intraday direction and remains confined in a narrow band. The technical setup favours bulls and supports prospects for some meaningful upside. Rising bets for a rate cut by the Fed and the ECB in June keep traders on the sidelines. The EUR/USD pair continues with its struggle to […]

AUDUSD Uptrend Takes A Breather: Correction Or Reversal?

Mar 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashAUDUSD has displayed a recent pullback after a strong uptrend, prompting a closer look at the technical situation. This analysis explores the potential scenarios for the currency pair.Uptrend Intact, But Correction Likely: Upward Trajectory Maintained: Despite the pullback, AUDUSD remains within the uptrend that commenced at 0.6477. This suggests that the overall bullish sentiment is still […]