November 2024 - Page 47 of 229 -

Ripple Is On Fire, Eyeing All-Time Highs

Nov 25, 2024 Jeremy Parkinson Finance 0

Image by WorldSpectrum from Pixabay We talked about Ripple with ticker XRPUSD back in July, where we mentioned and highlighted a big upside potential, as we spotted a completed larger weekly bullish triangle pattern in wave IV that can send the price higher for wave V. As you can see today, Ripple is in strong and impulsive rise after we […]

Elliott Wave Technical Analysis: S&P 500 Index – Monday, Nov. 25

Nov 25, 2024 Jeremy Parkinson Finance 0

S&P 500 Elliott Wave Analysis Trading Lounge Day ChartS&P 500 Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange wave 3 Position: Navy blue wave 3 Next Lower Degree Direction: Orange wave 4 Details: Orange wave 2 appears completed, with orange wave 3 of navy blue wave 3 now in progress. Invalidation Level: 5,691.98 Analysis SummaryThis analysis evaluates the S&P […]

S&P 500, Nasdaq 100 And Russell 2000 All Defend Post-Election Breakout Last Week

Nov 25, 2024 Jeremy Parkinson Finance 0

Major US equity indices experienced a gap-up breakout on November 6, after it became apparent that the presidential election from the previous day was won by Donald Trump. Last week, those breakouts were successfully retested.On the 6th, the S&P 500 gapped up 2.5 percent, pushing through horizontal resistance at 5860s going back to mid-October.By the […]

EUR/USD Amid Slowing European Economy

Nov 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the European Central Bank (ECB).Recent business surveys indicating an accelerated economic contraction in Germany and France have starkly dampened the euro’s outlook. Additionally, under […]

Current Report Evertz Technologies (EVTZF)

Nov 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Evertz Technologies Ltd (EVTZF) is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries.Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers,More than half of the firm’s revenue is generated […]

S&P 500 Rebounds As Investors Focus On 2025-Q2

Nov 25, 2024 Jeremy Parkinson Finance, No picture 0

The S&P 500 (Index: SPX) rebounded in the pre-Thanksgiving holiday week of trading. The index rose 1.7% from where it ended the previous week, closing at 5,969.34 on Friday, 22 November 2024.The biggest driver of stock prices continues to be expectations for how the Federal Reserve will be setting interest rates in 2025. The CME Group’s FedWatch Tool continues to […]

USD/CAD Refreshes Daily High On Sliding Oil Prices; Remains Below 1.4000 Amid Weaker USD

Nov 25, 2024 Jeremy Parkinson Finance 0

Photo by Michelle Spollen on Unsplash USD/CAD reverses an early dip to a two-week low and draws support from a combination of factors. Retreating Oil prices undermines the Loonie and acts as a tailwind for the pair amid a bullish USD. Falling US bond yields might cap gains for the USD and any further appreciating move for […]

Is December The Time For A EURUSD Bounce?

Nov 25, 2024 Jeremy Parkinson Finance 0

Over the last 24 years EURUSD has enjoyed a period of seasonal upside from now until the end of the year.Over the last 24 years EURUSD has enjoyed a period of seasonal upside from now until the end of the year. Over nearly the last quarter of a century the EURUSD pair has gained on […]

GBPJPY Forex Elliott Wave Technical Analysis – Monday, November 25

Nov 25, 2024 Jeremy Parkinson Finance 0

GBPJPY Elliott Wave Analysis Trading Lounge British Pound/Japanese Yen (GBPJPY) GBPJPY Elliott Wave Technical Analysis Function: Counter Trend Mode: Impulsive Structure: Navy blue wave 1 Position: Gray wave C Next Higher Degree Direction: Navy blue wave 2 Details: The analysis indicates that gray wave B appears completed, with navy blue wave 1 of gray wave C now in motion. Invalidation Level: 199.634 Analysis […]

Bitcoin Is Entering Volatility Season

Nov 25, 2024 Jeremy Parkinson Finance 0

Since the election, Bitcoin has risen nearly 50%. While Bitcoin investors are licking their chops, believing the magnificent rally will continue, they need to realize that Bitcoin is entering a period of pronounced seasonal volatility. The graph below from Sentimentrader shows that the recent performance has tracked the typical performance for the time of year. […]