March 2024 - Page 23 of 200 -

GBP/USD Analysis: British, US Data Determines Fate

Mar 28, 2024 Jeremy Parkinson Finance 0

The most important support levels following the current downward shift may be 1.2550 and 1.2470, respectively. As March trading draws to a close, the British pound has stabilized around the $1.26 level, poised for a quarterly decline of 0.7% against the US dollar. This is amidst cautious signals from the Bank of England due to […]

Sensex Today Rallies 639 Points; Suzlon Energy Surges 5%

Mar 28, 2024 Jeremy Parkinson Finance 0

After opening the day on a positive note, Indian share markets gained momentum as the session progressed and ended on firm footing.The Indian stock market indices witnessed a sharp rally on Thursday, with the benchmark Nifty 50 surging above the 22,400 level, amid cautiously positive global market cues. The market rally was led by across-the-board […]

USD/TRY Forecast: Struggle Against USD Continues

Mar 28, 2024 Jeremy Parkinson Finance 0

The forecasts for the Turkish Lira include the continuation of the pair’s rise targeting levels of 32.50 lira, as each dip represents an opportunity to reinforce buying contracts. Signals for the Lira Against the Dollar Today – Risk 0.50%. Best Buying Points: Open a buy order at 32.20. Set a stop-loss order at 32.05. Move the […]

Stock Analysis & Elliott Wave Technical Forecast: ASX: WiseTech Global Ltd

Mar 28, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Unlocking ASX Trading Success: WISETECH GLOBAL LIMITED – WTC Stock Analysis & Elliott Wave Technical ForecastASX: WISETECH GLOBAL LIMITED – WTC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WISETECH GLOBAL LIMITED – WTC. We have identified a potential opportunity with wave (v)-purple, but first, we […]

First Little Ambush

Mar 28, 2024 Jeremy Parkinson Finance 0

S&P 500 rose late session in expectation of bolstered rate cutting bets via cooler GDP (and unemployment claims), but that didn‘t happen – the bulls have one more obstacle ahead of core PCE to grapple with – and they stand better chance of doing so (forcing a draw at least) today than as regards next […]

USDJPY To Reach New All-Time High?

Mar 28, 2024 Jeremy Parkinson Finance 0

USDJPY is consolidating next to ~151.945 – an all-time high for the currency pair following the emergency meeting held by the Japanese monetary authorities.Despite the Bank of Japan’s (BoJ) anticipated move away from negative interest rates, the Japanese yen continues to weaken, raising the possibility of government intervention. The Finance Minister of Japan has not […]

AUD/USD Price Analysis: Likely Test Ascending Triangle’s Breakdown Near 0.6520

Mar 28, 2024 Jeremy Parkinson Finance 0

The AUD/USD pair finds support slightly below the psychological support of 0.6500 in the early American session on Thursday. The Aussie asset discovers some buying interest as the US Dollar retreats after refreshing six-week high. However, the broader appeal of the Aussie asset is still downbeat as investors remain uncertain ahead of the United States core […]

Waller Pushes On Open Door: Push For Patience Lifts The Dollar, Complicating Japanese Efforts

Mar 28, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Overview: Comments by Fed Governor Waller, urging patience on rates and wanting more evidence that price pressures are moderating have helped the greenback extend its recent gains. The yen is the notable exception as the fear of intervention has restrained the dollar bulls. Poor German data, including a sharp 1.9% drop in February retail […]

EUR/JPY Forecast: Euro Pulls Back Against Yen Via Jawboning

Mar 28, 2024 Jeremy Parkinson Finance 0

Euro dips against Yen after BoJ’s statements on currency watch, hinting at limited impact. Euro’s upward trend seen, with EUR/JPY potentially reaching ¥165-¥170. Focus on BoJ’s limited influence. The euro has pulled back a bit against the Japanese yen during the trading session on Wednesday, as the Bank of Japan started to jawbone the currency […]

Elliott Wave Technical Analysis: Australian Dollar/Japanese Yen – Thursday, March 28

Mar 28, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash AUDJPY Elliott Wave Analysis Trading Lounge Day Chart, Australian Dollar / Japanese Yen (AUDJPY) Day Chart AUDJPY Elliott Wave Technical AnalysisFUNCTION: Counter Trend MODE: impulsive STRUCTURE: blue wave 1 POSITION: Black wave […]