May 2024 - Page 121 of 270 -

USD/JPY Price Analysis: Extends Gains But Remains Below 156.00 JAPANESE YEN PRICE TODAY

May 18, 2024 Jeremy Parkinson Finance 0

The USD/JPY extended its gains late on Friday’s North American session, though it’s set to finish the week unchanged. The major trades at 155.66, up 0.18% after hitting a daily low of 155.25. USD/JPY Price Analysis: Technical outlookDespite the conditions to extend their gains, traders should be aware of the Japanese authority’s intervention threats. That said, the USD/JPY […]

Bad News Sends Markets To All-Time Highs

May 18, 2024 Jeremy Parkinson Finance, No picture 0

New Highs On The Back Of Bad DataLast week, we discussed that the April correction was likely over.“Notably, the breakout above key resistance and the reversal of the volatility index suggest that the recent correction is over. However, while the April correction may be over, as noted above, there is still a decent probability of […]

WTI Pushes Into Fresh Weekly High Late Friday As Crude Oil Recovers Ground

May 18, 2024 Jeremy Parkinson Finance 0

West Texas Intermediate (WTI) rose in late-day bidding on Friday as Crude Oil markets recover, but still remains within recent consolidation levels. US Crude Oil was propped up by a backslide in US barrel counts from the Energy Information Administration (EIA) and the American Petroleum Institute (API) this week, with broad-market risk appetite pinning deeper into ‘buy it […]

Nasdaq Analysis & Nasdaq Forecast – Saturday, May 18, 2024

May 18, 2024 Jeremy Parkinson Finance, No picture 0

Today you will see NAS100 price prediction based on the technical analysis. What is the support and resistance on the daily time frame for NAS100. What to expect where the price will breakout for the NAS100 based on the supply and demand zones.Video Length: 00:03:38 More By This Author:Platinum Trading Strategy | XPTUSD Analysis And Forecast […]

Walmart Scales New Highs On Solid Q1 Earnings: ETFs To Buy

May 18, 2024 Jeremy Parkinson Finance, No picture 0

Before the opening bell yesterday, Walmart (WMT) reported robust first-quarter fiscal 2025 results, wherein it surpassed both earnings and revenue estimates. The megaretailer offered upbeat guidance for the fiscal year, spreading huge optimism and signaling a resilient consumer environment.This pushed WMT shares to a record high. Investors seeking to tap the opportune moment should consider […]

Dividend Watch – 3 Companies Boosting Payouts

May 18, 2024 Jeremy Parkinson Finance 0

Everybody loves dividends, as they provide a passive income stream, limit drawdowns in other positions, and provide more than one way to profit from an investment.Recently, several companies, including Taiwan Semiconductor Manufacturing (TSM) , PACCAR (PCAR) , and PepsiCo (PEP) , have announced a boost to their quarterly payouts. For those interested in income, let’s […]

ADA Price Outlook: Cardano Gains Momentum, Eyes Crucial $1 Resistance

May 18, 2024 Jeremy Parkinson Finance 0

Cardano (ADA) has defied expectations by emerging as the top-performing asset among cryptocurrencies in the top 10. Currently priced at $0.48, ADA has surged by 7.28% in the past 24 hours, showcasing its resilience and securing its position in the standings.The recent Cardano (ADA) price surge has contradicted the earlier speculation about Cardano potentially dropping […]

GBPUSD Analysis & GBPUSD Price Prediction Forecast – Saturday, May 18

May 18, 2024 Jeremy Parkinson Finance, No picture 0

Today you will see GBPUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for GBPUSD. What to expect where the price will breakout for the GBPUSD based on the supply and demand zones.Video Length: 00:04:00 More By This Author:Platinum Trading Strategy | XPTUSD Analysis And Forecast […]

Week Ahead: After Rallying Since Mid-april, Are The G10 Currencies Tired?

May 18, 2024 Jeremy Parkinson Finance, No picture 0

The monthly cycle of central bank meetings and high-frequency data slow in the week ahead, though the UK and Canada report on prices and demand (retail sales). The highlight of the week may be the preliminary May PMI estimates. We play down its significance in the US because its strength seems to be an outlier […]

Recession Probabilities In Light Of The Ever-Receding Recession

May 18, 2024 Jeremy Parkinson Finance 0

If no recession is forthcoming, what can we conclude, given most term spread models were signaling a “sure bet”? Unlikely outcome (it’s a probabilistic world!), breakdown in historical correlations, omitted variable problem? In order to shed some light on this question, I examine probability estimates from (i) plain vanilla spread, (ii) debt-service-ratio and foreign term […]