April 2024 - Page 38 of 153 -

Elliott Wave Technical Forecast: Unlocking ASX Trading Success: National Australia Bank

Apr 26, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay ASX: National Australia Bank Limited – NAB Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with National Australia Bank Limited – NAB. We identify wave ((iv))-green as having ended, and the potential for wave ((v))-green is open to push higher.ASX: National Australia Bank […]

Intel’s $12.7B Q1 Surge Amid New Financial Model

Apr 26, 2024 Jeremy Parkinson Finance, No picture 0

Intel Corporation, a venerated name in the semiconductor industry, has today unveiled its first-quarter earnings, marking the beginning of a transformative era under its new financial structuring model. The company reported an impressive revenue of $12.7 billion, a 9% increase year-over-year (YoY), signaling strong market performance amidst strategic overhauls. Despite this uptick, the forecast for […]

Ripple VS Sec: Judge Netburn Advances XRP Lawsuit With New Scheduling Order

Apr 26, 2024 Jeremy Parkinson Finance, No picture 0

The post Ripple vs. SEC: Judge Netburn Advances XRP Lawsuit with New Scheduling Order appeared first on Coinpedia Fintech NewsMagistrate Judge Sarah Netburn has issued a new scheduling order in the years-long legal battle between Ripple Labs and the United States Securities and Exchange Commission. Judge Netburn’s recent nomination as District Judge in the Southern District of New York has not […]

GBP/JPY Extends Winning Spell To 196.00 After BoJ Keeps Interest Rates Unchanged

Apr 26, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay GBP/JPY advances to 196.00 amid uncertainty over BoJ’s interest rate outlook. The BoJ sees inflation rising in the coming years but has projected weak economic growth. UK’s firm Services PMI has deepened fears of persistent inflationary pressures. The GBP/JPY pair extends its winning streak for the fourth trading session on Friday and […]

GBP/USD Forecast: USD Strength, GBP Weakness

Apr 26, 2024 Jeremy Parkinson Finance 0

The fact that we have been repelled at a major round figure does suggest that perhaps we will continue to see pretty pound weakness, or perhaps more importantly, US dollar strength. We have been in a downtrend for a while so if this does track correctly, but at this point I think the one thing […]

EUR/USD Continues Slogging Higher Prior To March US Core PCE

Apr 26, 2024 Jeremy Parkinson Finance 0

EUR/USD trades in the 1.0740s on Friday, ahead of key data out of the US in the form of the March core Personal Consumption Expenditures Price Index (PCE), the US Federal Reserve’s (Fed) preferred gauge of inflation. The pair lost ground on Thursday after the release of the Q1 US GDP report but has since recovered […]

Gold And Silver: The Price Of Gold Crosses The $2350 Level

Apr 26, 2024 Jeremy Parkinson Finance 0

Gold chart analysisThe price of gold is recovering after falling to the $2291 level on Tuesday. The growing bullish consolidation managed to climb the euro to the $2350 level today. We have crossed the EMA200 moving average and have its support. We hope that this trend will continue and that the price of gold will […]

US Dollar Commentary – Friday, April 26

Apr 26, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels US GDP Misses MarkThe US Dollar continues to soften on Friday as traders digest a weaker-than-forecast advanced GDP print yesterday. The first look at Q1 GDP came in at 1.6%, down from the prior quarter’s 3.4% and well below the 2.5% the market was looking for. At this level GDP growth in the […]

Bombshell GDP Report Confirms Everything

Apr 26, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels GDP comes in the worst in two years because prices shot up again, therefore the term “stagflation” is going to be everywhere. Which prices changed actually makes a huge difference given the fact those particular prices are more likely to help the US economy get back to its depression tendencies. And on that […]

Stagflation In The United States, Monetary Crisis In Japan

Apr 26, 2024 Jeremy Parkinson Finance 0

China is currently trying to slow down the gold-buying craze: The Shanghai Gold Exchange (SGE) raised margins on its futures contracts and drastically limited the number of contracts per participant after the close of trading last Friday, forcing the liquidation of many long speculators.This decision appears to be coordinated with the COMEX’s second margin hike. China clearly has […]