Archives by Month:
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
AUD/USD Hits Six-Month High Amid RBA Rate Hike Speculations
Image Source: Pixabay The AUD/USD pair reached a six-month high of 0.6752, marking its fifth consecutive day of gains. The currency’s strength is largely driven by market expectations that the Reserve Bank of Australia (RBA) might diverge from the global trend of lowering interest rates, raising them in response to escalating inflation pressures. May’s CPI figures […]
In France, The Elections Ended With Uncertainty
Image source: Pixabay On Friday, the Dow Jones (US30) Index gained 0.17% (for the week +0.73%), while the S&P 500 (US500) Index gained 0.54% (for the week +1.43%). The Nasdaq Technology Index (US100) closed positive 0.90% (for the week +2.58%). Stock indices rose moderately on Friday, with the S&P 500 (US500) and Nasdaq 100 (US100) setting new record highs. Stocks found support on Friday after the June US […]
Gold Price Edges Lower As PBoC Keeps Gold Buying On Hold
The Gold price (XAU/USD) attracts some sellers during the early European session on Monday. The precious metal loses traction as the People’s Bank of China (PBoC), the Chinese central bank kept Gold buying on hold for the second month in June, according to official data released on Sunday. It’s worth noting that China is the world’s […]
Post-Debate USA Today-Suffolk Poll Has Grim News For President Biden
depositphotos I created some charts from a new post-debate poll that shows Biden is weakening fast. I also tie in the latest economic data. All data for these polls courtesy of USAToday/Suffolk Poll 2024-07-02. Here are the Poll Questions and Marginals.CandidatesDemocrat: Joe Biden Republican: Donald Trump Green Party: Jill Stein Independent: Robert Kennedy Independent: Cornel West Libertarian: Chase OliverFirst […]
Elliott Wave Technical Analysis: Euro/British Pound – Monday July 8
EURGBP Elliott Wave Analysis Trading Lounge Day ChartEURGBP Day ChartEURGBP Elliott Wave Technical AnalysisFunction: Trend Mode: Impulsive Structure: Orange wave 1 Position: Navy blue wave 3 Direction Next Higher Degrees: Orange wave 2 Details: Navy blue wave 2 looking completed at 0.84994, now orange wave 1 of 3 is in play. Wave Cancel invalid level: 0.84994The EURGBP Elliott Wave Analysis on the […]
Will NVO Provide Any Buying Opportunity?
Novo Nordisk A/S (NVO), a healthcare company engages in the research, development, manufacture & marketing of the pharmaceutical products worldwide. It operates in two segments, Diabetes & Obesity care & Rare Disease. It is based in Denmark, comes under Healthcare – Biotechnology sector & trades as “NVO” ticker at NYSE.NVO is trading at all time […]
EUR/USD Forex Signal: Bullish Ascending Price Channel Continues
My previous EUR/USD signal on 3rd July produced a profitable short trade following the bearish rejection of the resistance level which I had identified at $1.0817. Today’s EUR/USD Signals Risk 0.75%. Trades must be entered prior to 5pm London time today. Short Trade Ideas Go short following a bearish price action reversal on the H1 timeframe immediately upon […]
AUD/USD Forex Signal: Aussie Rally Could Accelerate
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6800. Add a stop-loss at 0.6700. Timeline: 1-2 days. Bearish view Set a sell-stop at 0.6725 and a take-profit at 0.6650. Add a stop-loss at 0.6800. The Australian dollar continued its relentless bull run as the odds of a divergence between the Federal Reserve […]
In France, Cooperation Is The Only Alternative To Instability
The second round of the French parliamentary elections ended in a surprise: Marine Le Pen’s party won far fewer seats than polls suggested. But in the end, as expected, no political group has a majority, plunging France further into the unknown. depositphotos A scattered voteAfter the first round of parliamentary elections, many of the candidates who qualified […]
The Fed Gets Its Wish
The economic data wasn’t particularly shocking or weak, but it seemed as if last week may have marked a change in the economic outlook. depositphotos The 10-year Treasury note yield only fell 7 basis points on the week but that only tells part of the story. Rates rose strongly on Monday, up 15 basis points at the […]
