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Gold, Oil, And Interest Rates Rise

Gold, Oil, And Interest Rates Rise

Apr 02, 2024 Finance 0

Image Source: Pixabay  Overview:  The market put more weight on the rise in the US ISM manufacturing survey than the downward revision to the manufacturing PMI and the unexpected back-to-back decline in construction spending. US rates shot up and lifted the greenback. The Dollar Index made a new high for the year, a little above 105, which […]
Key Market Adjustment That Most Miss

Key Market Adjustment That Most Miss

Apr 02, 2024 Finance, No picture 0

Image Source: Unsplash  S&P 500 didn‘t gap bearishly, but traded bearishly Monday – today‘s analysis will be different as I want to call a spade a spade in markets and trading. Some market phases are better for profit generation than others no matter whether you are a trend follower, momentum player or tops/bottoms picker. Whether you […]
AUDUSD Rebounds Following The RBA Minutes Release

AUDUSD Rebounds Following The RBA Minutes Release

Apr 02, 2024 Finance 0

AUDUSD pair remains neutral to bearish following the release of the RBA meeting minutes and ahead of the US JOLTs job openings.Break below key support level may signal additional downside risk. Meanwhile, the 50-period SMA acts as a critical resistance level – target level for the AUD bulls.  Moving Averages (SMAs) The 21-period SMA currently stands at 0.655540. Its downward […]
Tuesday Talk: April Is The Cruelest Month?

Tuesday Talk: April Is The Cruelest Month?

Apr 02, 2024 Finance 0

At least that is what the poet T.S. Eliot wrote in the opening line of his well-known poem, “The Wasteland”. With all the chatter about an April correction it might be, but traditionally April is one of the strongest months for the stock market. Image via Scarsdale Public LibraryOn Monday the S&P 500 closed at 5,244, down […]
Total Return Forecasts: Major Asset Classes

Total Return Forecasts: Major Asset Classes

Apr 02, 2024 Finance 0

The long-run performance estimate for the Global Market Index (GMI) ticked up again in March vs. the previous month. Today’s revised forecast (based on three models defined below) indicates a 6.9% annualized return for the unmanaged benchmark, which holds all the major asset classes (except cash), according to market weights via a set of ETF proxies.US equities are […]
Stock Analysis & Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Cochlear Limited

Stock Analysis & Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Cochlear Limited

Apr 02, 2024 Finance, No picture 0

Image Source: Unsplash  ASX: COCHLEAR LIMITED – COH Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COCHLEAR LIMITED – COH. We have identified a potential opportunity with wave ((v))-green opening up to push higher, following wave ((iv))-green that just ended.ASX: COCHLEAR LIMITED – COH Elliott Wave Technical Analysis  ASX: […]
Four Top Things To Watch For In The Financial Markets In April 2024

Four Top Things To Watch For In The Financial Markets In April 2024

Apr 02, 2024 Finance, No picture 0

 Image Source: Pexels   April 2024 is set to have a stacked calendar for investors, with plenty going on. From incoming IPOs to interest rate decisions, there’s a lot happening. Here, we break down four top things to watch for this month. Although it seems that mere days of 2024 have passed, we are already finished […]
Unexpected Manufacturing Boom In March Propels Dollar, Pushes Down Crypto

Unexpected Manufacturing Boom In March Propels Dollar, Pushes Down Crypto

Apr 02, 2024 Finance 0

Image source: Pixabay  The cryptocurrency market experienced significant volatility over the past month, with Bitcoin and Ethereum showcasing substantial price fluctuations.At its peak during the period, Bitcoin traded at the $73,000 level and Ethereum at the $4,000 level. Today, both cryptocurrencies saw a significant decline, with Bitcoin dropping over 5% to $66,010 at the time of writing […]
NASDAQ Forecast: Continues To See Buyers

NASDAQ Forecast: Continues To See Buyers

Apr 02, 2024 Finance 0

I look at each and every pullback as a buying opportunity and currently I see the 17,775 level as your floor. The Nasdaq 100 has gapped higher to kick off the trading week and then shot to the upside. That being said the market looks as if it is going to try to get to […]
USD/BRL Analysis: Higher Values And More Volatility Coming Short-Term

USD/BRL Analysis: Higher Values And More Volatility Coming Short-Term

Apr 02, 2024 Finance 0

The USD/BRL will begin its trading today near values last seen in late October of 2023; the currency pair has mirrored volatile conditions in Forex as nervousness builds. Traders who do not have open positions in the USD/BRL today as Forex begins may count themselves as lucky. Volatility is likely to be seen when the […]