July 2024 - Page 232 of 267 -

EURUSD Day Trading Charts, Trades, And Notes For June 2024

Jul 04, 2024 Jeremy Parkinson Finance 0

These are the day trades (along with notes and charts) I saw in June 2024 (early US session) utilizing the strategies discussed in the EURUSD Day Trading Course.Charts are posted daily on Twitter, and every month I post a bunch of charts on this site (like this article) in the Forex Trades & Analysis section (where you can now […]

AUDNZD: Aussie Outperfoms Kiwi As Australian Inflation Gets Hot

Jul 04, 2024 Jeremy Parkinson Finance 0

AUDNZD turned sharply down in the last quarter of 2022, signaling the end of a higher-degree bullish structure. We discussed this back in 2022 and warned about a bearish turning point, which should resume even lower as the pair shows an impulsive drop for wave (A) on the daily chart. However, nothing moves in a […]

Sensex Today Ends 63 Points Higher; Nifty Above 24,300

Jul 04, 2024 Jeremy Parkinson Finance 0

After opening the day on a quiet note, benchmark indices remained muted on Thursday and ended the day lower.Indian stock markets closed higher on Thursday, amid the weekly F&O expiry, and information technology (IT) stocks held the fort.At the closing bell, the BSE Sensex stood higher by 63 points (up 0.1%).Meanwhile, the NSE Nifty closed higher by 18 points […]

USD/JPY Analysis: Strong Bullish Trend Despite Dollar Weakness

Jul 04, 2024 Jeremy Parkinson Finance 0

The Japanese yen fell to around 162 yen against the dollar, falling further to its lowest level since 1986, keeping markets wary of further government intervention. The currency was pinned in a slump due to the stark difference in interest rates between Japan and the United States, in addition to the increased odds of a […]

USD/JPY Price Analysis: Reaches Top Of Channel, Primed To Fall

Jul 04, 2024 Jeremy Parkinson Finance 0

USD/JPY has reached the top of a rising channel it has been in since the start of 2023. Although it is in an uptrend on all timeframes there is a growing risk it is about to correct back. USD/JPY Daily Chart The top of the channel will present resistance to bulls acting as a barrier to them […]

Japanese Yen Surges In US Markets Absence

Jul 04, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The Japanese Yen gains against the Greenback while US markets are closed. 30-year bond auction went smoothly despite concerns about the end of bond buying. The US Dollar Index took a hit on easing US economic data and traders softer, just above 105.00 The Japanese Yen (JPY) strengthens to around 161.00 against […]

EUR/USD Analysis: Will Recent Gains Continue?

Jul 04, 2024 Jeremy Parkinson Finance 0

The euro against the dollar (EUR/USD) found an opportunity to move higher following investor reaction to the minutes of the latest Federal Reserve meeting. It extended gains to reach the 1.0816 resistance level, the highest in three weeks, before settling around 1.0785 at the start of trading on Thursday. For its part, the US Federal […]

Hang Seng 50 Forecast: Rallies Above HK$18,000 Level

Jul 04, 2024 Jeremy Parkinson Finance 0

The Hang Seng 50 has rallied pretty significantly during the trading session on Wednesday as Hong Kong has seen money flowing back into it. We are above the HK$18,000 level and the 50-day EMA as well. We also had pulled back to the 61.8% Fibonacci retracement level, but it looks like we are in fact […]

Bitcoin wobbles at $57K as liquidations reach $295M

Jul 04, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bitcoin and Ether experienced significant liquidations, totaling over $295 million in the past 24 hours. Despite market downturns, the options market remains optimistic about Ether’s future price increases. Bitcoin fell below $60,000 amid heavy selling pressure, reaching a recent low of around $57,800. The sell-off triggered over $77 million in Bitcoin long liquidations […]

Real Estate Bust Has Compound Impacts

Jul 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The Greater Toronto Area (GTA) is home to approximately 8 million Canadians (about 20% of the country’s population) which account for some 20% of Canada’s Gross Domestic Product (GDP). For context, the GTA is as important to Canada’s economy as the eight largest US cities are to the American economy.In terms of provincial […]