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This Breakout Pullback Could Make Our Entire Week

This Breakout Pullback Could Make Our Entire Week

Image Source: Unsplash Non-Farm Payrolls, let’s do this!  We have big news Friday morning, and (2) trading-ranges on the charts tonight…Put those clues together and this Breakout Pullback could make our entire week!I see 2 ranges on the charts tonight, and depending on the news tomorrow morning…One of these Breakout-Pullbacks might be our biggest winner of […]
Gold Trading Strategy For Friday, June 7

Gold Trading Strategy For Friday, June 7

Image Source: UnsplashToday you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD.What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:08More By This Author:Gold Trading Strategy For Thursday, June 6 Gold […]
2 Stocks To Buy After The European Central Bank & Bank Of Canada Cut Rates

2 Stocks To Buy After The European Central Bank & Bank Of Canada Cut Rates

Image Source: UnsplashOptimistically, the European Central Bank (ECB) and Bank of Canada (BOC) cut interest rates this week somewhat ensuring large economies may be on the path to easing inflation and beating the U.S. to the punch.Canada is particularly receptive to the idea of a soft landing becoming the most recent G7 nation to reduce borrowing […]
Nvidia Splits 10-to-1; Non-Farm Payrolls On Deck For Friday

Nvidia Splits 10-to-1; Non-Farm Payrolls On Deck For Friday

Image Source: UnsplashMarket indices took a breather today. Only the Dow closed in the green on a tepid trading day overall, +0.20%, while the S&P 500 finished -0.02%, the Nasdaq down -0.09% and the small-cap Russell 2000 bringing up the rear at -0.70%. Over the last week of trading, only the Russell is in the red. […]
Financial Markets Report For Thursday, June 6

Financial Markets Report For Thursday, June 6

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, June 6.Video Length: 00:13:02More By This Author:Metals Report For Wednesday, June 5SPDR ETF Report For Wednesday, June 5Financial Markets Report For Wednesday, June 5
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, June 6

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, June 6

Image Source: UnsplashNot much to add to the current analysis. Both the ES and NQ appear to have completed sub-minuet 3rd waves with the potential for the 4th waves also being complete. I review the possibilities of what to expect from here, which include an additional decline to complete the 4th wave. I also review and […]
Asia Morning Bites For Friday, June 7

Asia Morning Bites For Friday, June 7

Image Source: Unsplash Global Macro and Markets   Global Markets: For once, investors were focussed on the ECB yesterday in preference to the US Fed, and what they got fit the expectation of a hawkish cut. Here are three takeaways from our European team.   2Y European bond yields were up between 2-4 basis points, and those on […]
AUD/USD Trades With Mild Gains Above 0.6650, All Eyes On US NFP Data

AUD/USD Trades With Mild Gains Above 0.6650, All Eyes On US NFP Data

Image Source: Unsplash AUD/USD posts modest gains around 0.6670 in Friday’s early Asian session.  The softer US employment data this week triggered the Fed rate cut expectation in September. RBA’s Bullock said the central bank won’t hesitate to hike again if inflation remains sticky.  The AUD/USD pair trades with mild gains near 0.6670 on Friday during […]
Tech Powers S&P 500, Nasdaq, Leveraged ETFs Win

Tech Powers S&P 500, Nasdaq, Leveraged ETFs Win

Image Source: PixabayWall Street piled up strong gains in yesterday’s trading session, with the S&P 500 hitting the 25th record high this year and the Nasdaq Composite Index touching another record. The rally was driven by tech stocks on fresh bets for Fed rate cuts, bolstered by multiple reports signaling slowing growth in the world’s largest […]
Gold Rallies Above $2,370 As Traders Await Crucial US Nonfarm Payrolls Report

Gold Rallies Above $2,370 As Traders Await Crucial US Nonfarm Payrolls Report

Image Source: Pixabay Gold climbs 0.54% and reaches a two-week high of $2,378. Higher-than-expected US jobless claims weaken US Dollar and stabilize Treasury yields. Traders focus on upcoming Nonfarm Payrolls; forecasts suggest 185,000 new jobs with a 3.9% Unemployment Rate. Gold hit a two-week high of $2,378 on Thursday after the US Bureau of Labor Statistics […]