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Grassroots Efforts Help Push Gold And Silver Sales Tax Repeal Over The Line In Wisconsin
By Mike Maharrey, Money Metals Exchange Wisconsin recently became the 44th state to repeal sales taxes on gold and silver .The enactment of this law will benefit real people in a tangible way, and it was made possible by the efforts of everyday folks just like you. Wisconsin’s New Tax Policy on Gold and SilverRep. Shae Sortwell […]
The Commodities Feed: Oil Bounces Back Amid Escalating Geopolitical Tensions
Image Source: Pexels The oil market recovered this morning after trading lower in the latter half of last week amid escalating geopolitical risks. Energy – Oil bounces backThe oil market opened higher this week after trading soft for three consecutive days last week amid global tensions. ICE Brent prices recovered to around $86/bbl this morning following […]
Elliottwave Technical Analysis: Uranium
Image Source: Pixabay GX URA ETF Elliott Wave AnalysisGX Uranium ETF (URA) Elliott Wave AnalysisFunction – Counter trendMode – CorrectiveStructure – Emerging FlatPosition – Red wave (B) of blue 4 Direction – Red wave (B) of blue 4 is still in play Details – Wave (B) is emerging higher and could hit $30. An expanding flat pattern is […]
EUR/USD Bounces On Broad USD Selling, Profit-taking EUR/USD bounces on profit-taking after sell-off
EUR/USD is trading about a tenth of a percent higher at the start of the week, in the lower 1.0800s, possibly as a result of broad US Dollar (USD) selling after the People’s Bank of China (PBoC) fixed the Renminbi surprisingly higher on Monday morning, according to Bloomberg News. Although it is up on the day, the […]
S&P 500 Analysis Today And Price Prediction Forecast
Image Source: Unsplash Today you will see the S&P 500 price prediction based on the technical analysis. What is the support and resistance on the daily time frame for the S&P 500? What to expect where the price will breakout for the S&P 500 based on the supply and demand zones.Video Length: 00:02:49More By This Author:Dow […]
CHF/JPY Forecast: Swiss Franc Showing Signs Of Support Against Yen
Swiss Franc Rebounds Against Yen: After dipping below ¥168.50, finds strong support, forming a hammer pattern. Focus on overcoming 50-Day EMA, with upside target at ¥170.80 amid choppy trading. The Swiss Franc initially fell during the trading session on Friday, breaking below the ¥168.50 level, only to turn around and find a bit of a […]
As Gold Makes All Time High, Silver Is About To Play Catch Up
Over the past few weeks, gold has stolen the show as it again pierced the all-important $2,000 level before ascending to a fresh all time high around $2,180. During that time, silver rose a couple of dollars, remaining a long way off its all time high around $50. However things are about to change, and […]
Japanese Market Commentary – Monday, March 25
BOJ Intervention WarningFears of BOJ intervention in the JPY FX rate have ratcheted higher today on the back of comments from Japanese Fin Min Masato Kanda. Kanda said that movements in JPY are not in line with fundamentals and were instead driven by speculative action. Kanada went onto warn that further weakening could lead to […]
Inflationary Pressures Are Rising In Singapore And Malaysia
Image source: Pixabay At Friday’s stock market close, the Dow Jones Index (US30) was down 0.77% (for the week +1.67%). The S&P 500 Index (US500) decreased by 0.14% (for the week +1.54%). The Nasdaq Technology Index (US100) closed positive 0.16% (for the week +1.70%).Lululemon Athletica shares closed down more than 15% on Friday after warning of a slowdown in US store visits and forecasting 2025 net […]
USD/MXN Analysis: Bearish Range Still As Volatility Strikes Elsewhere
The USD/MXN remains within the lower elements of its bearish range, but support levels have proven rather durable and this has taken place as the broad Forex market has seen volatility. The USD/MXN is near the 16.74605 ratio as of this writing with typical quick hitting price changes being seen. However the value of the […]
