Archives by Month:

Archives by Year:

Gold’s Marginal High And Habitual Cry

Gold’s Marginal High And Habitual Cry

We start with this from the “Pat on the Back Dept.”  Per the prior missive penned a week ago (“Another Gold All-Time High is Nigh”), ’twas therein stated that Gold (then 2420) was exhibiting sufficiently daily trading range such that one could reasonably expect a fresh All-Time High (above 2449) to occur as soon as […]
‘AI’s Year Of Disillusionment’

‘AI’s Year Of Disillusionment’

This week all eyes were on Nvidia (NVDA) which has been the main driver of the broad market for most of this year.But some are starting to question whether the reality of the generative AI products made possible by the company’s technology can possibly live up to the hype.Despite the tens of billions of dollars […]
Political support is bad for Bitcoin in the long run: Samson Mow

Political support is bad for Bitcoin in the long run: Samson Mow

Former Blockstream Chief Strategy Officer Samson Mow believes that the newfound political support for Bitcoin could weaken its core principles and increase the risk of future failures that could harm users. “I’m not bullish on politicians becoming pro “crypto.” It may feel nice given the prior hostile anti-crypto stances, but long term it’s bad for […]
Pairs In Focus – WTI Crude Oil, Silver, DAX, GBP/CHF, EUR/GBP, USD/CAD, CAC, EUR/JPY

Pairs In Focus – WTI Crude Oil, Silver, DAX, GBP/CHF, EUR/GBP, USD/CAD, CAC, EUR/JPY

WTI Crude Oil The West Texas Intermediate Crude Oil market has fallen during most of the week, but it is worth noting that Friday was extraordinarily bullish. Because of this, I think there’s an extreme likelihood that we do bounce from here. The $80 level above continues to be a bit of a barrier, so I think it […]
At Last! An NVDA Chart!

At Last! An NVDA Chart!

 More By This Author:The Fad That Can’t Defy Rising Interest Rates Forever Slippery Breadth? Unity Software’s Impeccable Head And Shoulders Pattern Signals Further Decline
Weekly Market Outlook – Not As Bullish As It Seems On The Surface 
                    
 
 

Weekly Market Outlook – Not As Bullish As It Seems On The Surface    

Despite Friday’s bounce from Thursday’s sizeable stumble, for the first time in five weeks the S&P 500 (SPX) lost ground… although only the S&P 500. The Nasdaq Composite mustered its fifth-straight weekly win, reaching new record levels as a result.  depositphotos The S&P 500 itself also hit a new record even though it lost ground for the […]
Bitcoin Whales’ Buying Appetite Returns, On-Chain Data Shows

Bitcoin Whales’ Buying Appetite Returns, On-Chain Data Shows

The Bitcoin price has cooled off after surging to as high as $71,000 on the back of the Ethereum ETF approval news last week. Not long after the price spike, the premier cryptocurrency witnessed a correction to $67,000 and appears to be back in a consolidation range.Interestingly, Bitcoin whales seem to be awakening from their slumber, […]
GBP/USD Weekly Forecast: Higher Mid-Term Values Sustained Amidst Choppiness 
                    
GBP/USD Weekly Outlook:

GBP/USD Weekly Forecast: Higher Mid-Term Values Sustained Amidst Choppiness GBP/USD Weekly Outlook:

The GBP/USD experienced a rather choppy week of trading as its value tested higher support and resistance levels, while remaining in the higher elements of its mid-term price range. The U.K will hold its general election on the 4th of July. This announcement was made this past Wednesday and GBP/USD reacted with a bit of sudden price […]
IFRS, GRI Collaborate On Interoperability For Sustainability Disclosure Standards

IFRS, GRI Collaborate On Interoperability For Sustainability Disclosure Standards

The IFRS Foundation and the Global Reporting Initiative (GRI) announced today an expanded collaboration aimed at optimizing how their respective sustainability reporting standards can be used together. depositphotos The announcement builds on an initial collaboration agreement between the organizations launched in 2022, aimed at ensuring compatibility and interconnectedness of sustainability-related disclosures, in order to help reduce the […]
USDJPY Analysis & USDJPY Price Prediction Forecast – Sunday, May 26, 2024

USDJPY Analysis & USDJPY Price Prediction Forecast – Sunday, May 26, 2024

Today you will see USDJPY price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDJPY. What to expect where the price will breakout for the USDJPY based on the supply and demand zones.Video Length: 00:03:00 More By This Author:Palladium Trading Strategy, XPDUSD Analysis & Forecast – […]