October 2024 - Page 79 of 244 -

Asian Stock: Carabao Group

Oct 23, 2024 Jeremy Parkinson Finance 0

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Carabao Group Public Company LimitedBloomberg ticker: CBG TBMarket cap: US$2,177mBackground: Carabao Group Public Company Limited is a holding company that manufactures and sells energy drinks and other beverages, including ready-to-drink coffee and drinking water. CBG produces a […]

META Approaches Risk-Free Area For Buyers. What Next?

Oct 23, 2024 Jeremy Parkinson Finance 0

Meta Platforms, formerly Facebook, is a tech company focused on building the “metaverse.” It owns Facebook, Instagram, and WhatsApp, and develops virtual reality (VR) and augmented reality (AR) products. $META is one of the 26 instruments we cover for members in Group 2.META has now gained over 500% in barely two years, making it one […]

USD/CAD Price Forecast: Bulls Take A Breather Near 1.3800 Ahead Of BoC Rate Decision

Oct 23, 2024 Jeremy Parkinson Finance 0

USD/CAD ticks higher amid an extension of the recent USD rally to a nearly three-month top. Bets for a larger BoC rate cut, softer Oil prices undermine the Loonie and also lend support. The technical setup favors bullish traders and supports prospects for further near-term gains. The USD/CAD pair attracts some dip-buyers following the previous […]

BTC/USD Forex Signal: On The Cusp Of More Upside

Oct 23, 2024 Jeremy Parkinson Finance 0

Bullish View Buy the BTC/USD pair and set a take-profit at 72,030. Add a stop-loss at 65,000. Timeline: 1-2 days. Bearish View Sell the BTC/USD pair and set a take-profit at 65,000. Add a stop-loss at 72,000. Bitcoin price has remained in a tight range this week as investors waited for the next catalyst. The […]

Mixed Dollar Flow Amidst Crosscurrents

Oct 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels FX markets have been all over the place in recent sessions, with multiple crosscurrents playing into the equation. Key standouts on Wednesday’s calendar come from the Bank of Canada policy decision, an ECB Lagarde speech, Eurozone consumer confidence, US existing home sales, Fed speak, and the Fed Beige Book.Video Length: 00:01:26More By This […]

FX Daily: Dollar Rally Can Pause, But Should Not Correct

Oct 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Key market factors continue to support the greenback. We could see some momentum fade today, but the balance of risks remains skewed to the upside into the US election. Elsewhere, markets are expecting a 50bp cut by the Bank of Canada today, but we think the chances of a 25bp move are underpriced. USD: […]

Unlocking ASX Trading Success: Northern Star Resources Ltd

Oct 23, 2024 Jeremy Parkinson Finance 0

ASX: NORTHERN STAR RESOURCES LTD – NST Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with NORTHERN STAR RESOURCES LTD – NST. We see NST.ASX continuing to push higher.ASX: NORTHERN STAR RESOURCES LTD – NST 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Intermediate degree, orange)Mode: MotiveStructure: […]

China’s Stock Support Boosts Asian Markets

Oct 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash China’s central bank pumped the entire Asian market by introducing a plan to support the stock market through share repurchases by companies and major shareholders. China, the world’s second-largest economy, gained investors’ confidence after this strategic move.The government issued guidelines for state banks to grant loans for stock repurchases. These loans are available to companies […]

Bitcoin Price Pauses In Consolidation: Aiming For New Gains

Oct 23, 2024 Jeremy Parkinson Finance 0

Bitcoin price started a downside correction and tested the $66,500 zone. BTC is now consolidating and might aim for a fresh increase above $67,800. Bitcoin struggled to test the $70,000 resistance zone and started a downside correction. The price is trading below $67,500 and the 100 hourly Simple moving average. There is a short-term contracting […]

Will The US Election Affect The Stock Market?

Oct 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels With the US presidential election just two weeks away, anticipation is growing. Donald Trump and Kamala Harris are neck-and-neck in the opinion polls, which has added to the drama of this unpredictable race.The two candidates are far apart in their positions on key issues such as taxation and tariffs, with Trump considered pro-business […]