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GBP/USD Forecast: Eyes Bullish Breakout

GBP/USD Forecast: Eyes Bullish Breakout

In my daily analysis of the GBP/USD pair, the market looks as if it is going to continue to go higher, and you can also make an argument that we are forming some type of bullish flag or possibly some type of pendant. This suggests that we’ll likely continue seeing buyers enter the market to […]
All Eyes On US Jobs Report

All Eyes On US Jobs Report

A mix of US data in recent sessions has left the market in a state of wait and see ahead of today’s highly anticipated US jobs report. Looking back, the Fed Beige Book was downbeat, ADP data reflected weakening labor conditions, though on the other side, ISM data was stronger along with jobless claims.Video Length: […]
Current Report Timbercreek Financial

Current Report Timbercreek Financial

Image Source: DepositPhotosTimbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors.It invests directly in a diversified portfolio of structured mortgage loans predominantly secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada.The […]
Our Conservative “Cannabis” Portfolio Performed Better In August (and YTD) Than Either OUR MSO Or LP Portfolios

Our Conservative “Cannabis” Portfolio Performed Better In August (and YTD) Than Either OUR MSO Or LP Portfolios

Image Source: DepositPhotosIf you would like to make an investment in the cannabis sector but are wary of the volatility it exhibits then consider the 5 tobacco, beer, and distiller/vintner companies that have major investments in the cannabis sector. Their stock performances are steady week after week – and month after month – and in […]
Unlocking ASX Trading Success: CBA Stock Analysis & Elliott Wave Technical Forecast – Friday, September 6

Unlocking ASX Trading Success: CBA Stock Analysis & Elliott Wave Technical Forecast – Friday, September 6

ASX: COMMONWEALTH BANK OF AUSTRALIA. – CBA Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COMMONWEALTH BANK OF AUSTRALIA. – CBA. We see CBA.ASX with bullish potential with wave (iii) of ((iii)).ASX: COMMONWEALTH BANK OF AUSTRALIA. – CBA 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, gray)  Mode: Motive  Structure: Impulse  Position: Wave (iii)-orange of Wave ((iii))-navy  Details: Wave (ii)-orange ended earlier than expected, and wave (iii)-orange is unfolding to push higher. While the low of 139.04 may act as a temporary key level.  Invalidation point: 135.65   ASX: COMMONWEALTH BANK OF AUSTRALIA. – CBA 4-Hour Chart AnalysisFunction: Major trend (Minor degree, gray)  Mode: Motive  Structure: Impulse  Position: Wave (iii)-orange of Wave ((iii))-navy  Details: Wave (ii)-orange ended earlier than expected, and wave (iii)-orange is unfolding to push higher, targeting the high at 153.70. While price staying above 139.04 is a pretty good advantage for this bullish view.  Invalidation point: 135.65 Conclusion:  Our analysis, forecast of contextual trends, and short-term outlook for ASX: COMMONWEALTH BANK OF AUSTRALIA. – CBA aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends.More By This Author:Paypal Holdings Inc. (PYPL) Stocks Elliott Wave […]
Rates Spark: If Payrolls Come In Line With Consensus, Then Forget The 50bp Cut Narrative

Rates Spark: If Payrolls Come In Line With Consensus, Then Forget The 50bp Cut Narrative

Image source: PixabayIt’s Friday payrolls day, arguably the biggest number of the month. Strangely there is a reasonable 165k consensus forecast. Hit the consensus and we think rates pop. We suspect the market is actually positioned for a sub-100k number. If we don’t get that type of validation for material slowdown, yields will be under pressure […]
Metal Markets Report For Thursday, Sept 5

Metal Markets Report For Thursday, Sept 5

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:08:40More By This Author:SPDR ETF Report For Thursday, Sept 5Financial Markets Report For Wednesday, Sept 4Metal Markets Report For Friday, Aug 30
The All-Knowing Jobs Report

The All-Knowing Jobs Report

Image Source: PexelsOkay, folks. it’s coming within hours. The monthly jobs report. The last major data point that Powell and his minions are going to get before they drop interest rates is either 0.25% or 0.50% (because that’ll totally save the economy). I’ve circled the anticipated results.Here is the unemployment rate ever since the government started […]
Telegram updates policy, allows users to report illegal content in private chats

Telegram updates policy, allows users to report illegal content in private chats

Key Takeaways Telegram has changed its policy to allow users to flag illegal content in private chats. CEO Pavel Durov acknowledges the platform’s rapid growth has made it easier for misuse. Share this article Telegram has revised its policy, allowing users to flag “illegal content” in private chats for review by moderators, according to a […]
Spotlight On US Treasuries, Where Are Long-Term Bond Yields Headed?

Spotlight On US Treasuries, Where Are Long-Term Bond Yields Headed?

Image Source: PixabayMy guess is bond yields are heading much lower between now and September 11.30-Year US Treasury Long Bond chart courtesy of Stockcharts.Com, annotations by Mish30-Year Long Bond Technical PositionTechnically speaking, the long bond yield is right on support. Typically this is a spot where one would expect yields to bounce.However, there have been four […]