March 2024 - Page 91 of 200 -

GBP/CHF Forex Signal: British Pound Finds Support Against Swiss Franc

Mar 20, 2024 Jeremy Parkinson Finance 0

Potential signal: I am a buyer of this pair, right here, right now. I have a stoploss at the 1.1150 level, and I am aiming for the 1.1490 level above. The British pound initially fell during the trading session on Tuesday against the Swiss franc, dropping below the crucial 1.1280 level. However, we have seen […]

Toppish Pattern Or A Rally In The Making For S&P 500?

Mar 20, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay Watch the video extracted from the WLGC session before the market open on 19 Mar 2024 below to find out the following: The key support S&P 500 needs to hold to grind up further The signs of exhaustion of the momentum The red flag as been showing up in the past few weeks. […]

Italian Industrial Production Sees A Soft Start To 2024

Mar 20, 2024 Jeremy Parkinson Finance 0

Image Source: DepositPhotosBroad-based weakness across sectors shows that exiting the prolonged soft patch in manufacturing is proving difficult. Against a soft demand backdrop, the accelerated disinflation phase is not yet prompting any supply-side push.Italian manufacturing is not out of the doldrums just yet. This is what January industrial production data – the first bit of […]

US Market Commentary – Wednesday, March 20

Mar 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Fed on DeckGlobal markets are bracing for the latest Fed monetary policy meeting today. While the FOMC is not expected to see the Fed altering its course, traders will be scouring the details of the meeting, as well as the post meeting press conference, for clues as to how the Fe is likely […]

Ethereum Price Drops To $3059: What To Expect Next?

Mar 20, 2024 Jeremy Parkinson Finance 0

Ethereum chart analysisThe price of Ethereum is getting closer to the $3000 level, and this is proven by this morning’s drop to the $3059 level. Over the weekend, on Saturday, the price only managed to recover to the $3700 level, where it met resistance. We pulled back from there, and on Sunday, we fell to a […]

Intel Shares Surge As Biden Administration Unveils $20 Billion Initiative

Mar 20, 2024 Jeremy Parkinson Finance, No picture 0

The Biden administration is set to provide Intel with nearly $20 billion in grants and loans to boost domestic production.In a significant boost to the U.S. semiconductor industry, Intel Corporation (INTC) is set to receive nearly $20 billion in grants and loans from the Biden administration to enhance domestic chip production and reduce reliance on foreign manufacturers. After the […]

Why Chile Needs The Fed To Start Cutting Pronto

Mar 20, 2024 Jeremy Parkinson Finance 0

Banco de Chile has already cut by 400bp, from 11.25% to 7.25%. Progress on inflation falling has stalled somewhat, but yet we are leaning into a likely cut at the next policy meeting based off behaviour to date and some extrapolation thereof.However, if such a cut is delivered, our calculations show that a weighted average […]

Daily Market Outlook – Wednesday, March 20

Mar 20, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay On Wednesday, most Asian stock markets are seeing higher trading, influenced by the positive performance of global markets and the recent monetary policy announcements from the Bank of Japan, People’s Bank of China, and the Reserve Bank of Australia. Investors are also cautiously anticipating the monetary policy decision from the US Fed later […]

All About The S&P

Mar 20, 2024 Jeremy Parkinson Finance, No picture 0

SPX Monitoring purposes; Sold 3/14/23 at 5150.48 = gain .52%; Long SPX 3/8/24 at 5123.69.Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38%Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. The second window up from the bottom is the 10 day average of the TRIN. The SPX can stall when the 10 day TRIN reaches […]

Elliott Elliott Wave Technical Analysis: ASX – CSL Limited

Mar 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash ASX – CSL LIMITED (CSL) Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart), 20 March 2024Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with CSL Limited (CSL) shares. We have identified a Triangle correction pattern, indicating the potential for CSL to continue declining further. Today’s update shows the potential […]