April 2024 - Page 142 of 153 -

USD/CAD Price Analysis: Consolidates Around 1.3580 Ahead Of US Job Data

Apr 02, 2024 Jeremy Parkinson Finance 0

USD/CAD trades lacklustre around 1.3580 as the focus shifts to US JOLTS Job Openings data. Traders pare Fed rate cut bets for June on strong US Manufacturing PMI. USD/CAD is on the verge of breaking out of the ascending triangle pattern. The USD/CAD pair trades sideways around 1.3580 in Tuesday’s European session. The Loonie asset […]

Gold Analysis: Bullish Breakouts Continue

Apr 02, 2024 Jeremy Parkinson Finance 0

As is known, the price of gold is sensitive to fluctuations in interest rates because it affects the opportunity cost of holding bullion that does not generate a return. At the start of April trading, gold futures rose to their highest levels ever. The yellow metal price was on edge with expectations that the Federal […]

Market Corrections Matter More Than You Think

Apr 02, 2024 Jeremy Parkinson Finance 0

During running bull markets, much commentary is written on why this time is different and why investors should not worry about market corrections. One such piece was written recently by Fisher Investments. To wit: “After the S&P 500’s 26% return last year and this year’s strong start, many investors are worried – understandably – that this bull run […]

Bitcoin Is Still In A Higher Degree Correction

Apr 02, 2024 Jeremy Parkinson Finance 0

Image Source: DepositPhotosBitcoin with ticker BTCUSD is trading in strong five-wave bullish trend as expected and the trend may resume after a corrective slow down. After we spotted a completed wave (5) of 3 in the 4-hour chart, we are still tracking a higher degree wave 4 correction. It just turned out to be more […]

Singapore’s Central Bank Likely To Retain All Settings Next Week As Inflation Remains Sticky

Apr 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels The Monetary Authority of Singapore meets next week to discuss policy, but we’re not expecting any changes. MAS is widely expected to retain settings next weekThe Monetary Authority of Singapore (MAS) meets next week to discuss policy. This is the MAS’s second meeting for 2024 now that it meets four times a year. We expect the […]

Median Household Income In February 2024

Apr 02, 2024 Jeremy Parkinson Finance, No picture 0

According to Motio Research, median household income dipped in February 2024. The firm’s estimate of February 2024’s median household income is $77,265, a small decrease of $132 (-0.2%) from the firm’s initial estimate of $77,397 for January 2024.Motio Research’s estimates are based on income data collected by the U.S. Census Bureau as part of its monthly Current Population […]

Natural Gas Prices Rise Amid Production Cuts

Apr 02, 2024 Jeremy Parkinson Finance 0

Photo by American Public Power Association on Unsplash At the end of the day yesterday, the Dow Jones (US30) index decreased by 0.60%, while the S&P 500 (US500) Index fell 0.20%. The Nasdaq Technology Index (US100) closed positive 0.11%. Stocks on Monday initially found support on the dovish PCE price deflator report for February released last Friday. But the broader market gave up early gains […]

Swiss Franc Trades Mixed In Key Pairs, Highlighting Passive-Partner Role Technical Analysis: USD/CHF continues trending higher

Apr 02, 2024 Jeremy Parkinson Finance 0

The Swiss Franc (CHF) is trading mixed in its key pairs on Tuesday, mostly due to the fluctuations of its counterparts, to which it is playing the role of passive partner. Against the US Dollar (USD) the Swiss Franc is lower by about three tenths of a percent in the 0.9080s (USD/CHF) whilst against the […]

Elliott Wave Technical Analysis: New Zealand Dollar/U.S. Dollar – Tuesday, April 2

Apr 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash NZDUSD Elliott Wave Analysis Trading Lounge Day Chart, New Zealand Dollar/U.S.Dollar (NZDUSD) Day Chart NZDUSD Elliott Wave Technical AnalysisFUNCTION: Counter Trend MODE: Corrective STRUCTURE: blue wave C POSITION: black wave 2 […]

The Dow 40,000 Is Here — Next Stop 100,000

Apr 02, 2024 Jeremy Parkinson Finance 0

I hope you had a delightful Easter weekend!PixabayI have fond Easter egg hunt memories…They were always at my uncle and aunt’s house up in North Carolina. They had a massive backyard spanning two acres.They would hide the Easter eggs among the dozens of pine trees in spots that were truly hard to find.If we were […]