November 2024 - Page 82 of 229 -

Forex Today: Canadian Inflation Ticks Higher

Nov 20, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay Canadian CPI (inflation) data ticked higher yesterday in all its metrics, suggesting advanced economy inflation is proving to be a bit sticky as it nears its target range. Canadian CPI data released yesterday showed inflation ticking unexpectedly higher, but not by a great deal. Month-on-month inflation rose from -0.4% to 0.4%, causing annualized […]

FX Daily: FX Market Looking Through Geopolitical Risk

Nov 20, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The escalation in the Russia-Ukraine conflict had only a short-lived impact on FX, and safe-haven demand has rapidly faded. The balance of risks is shifting more to the upside for the dollar, also considering some positioning re-adjustment may have happened. In the UK, hot inflation should prevent a December BoE cut, and we […]

Metal Markets Report For Tuesday, Nov 19

Nov 20, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:06:47More By This Author:Financial Markets Report For Tuesday, Nov 19Metal Markets Report For Monday, Nov 18Financial Markets Report For Monday, Nov 18

Elliott Wave Technical Analysis: U.S. Dollar / Japanese Yen Forex

Nov 20, 2024 Jeremy Parkinson Finance 0

USDJPY Elliott Wave Analysis – Trading Lounge U.S. Dollar / Japanese Yen (USDJPY) Day ChartUSDJPY Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 5 Position: Navy Blue Wave 1 Direction (Next Lower Degrees): Navy Blue Wave 2 Details: Orange Wave 4 appears completed; Orange Wave 5 of 1 is underway. Wave Cancel Invalidation Level: 152.327The USDJPY daily chart analysis […]

Gold Trading Strategy, XAUUSD Analysis & Forecast – Wednesday, Nov 20

Nov 20, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayToday you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:10More By This Author:Gold Trading Strategy Today – Tuesday, Nov. […]

3 Internet Software Stocks To Buy For Growth & Momentum: FIVN, FTNT, TOST

Nov 20, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayAt the moment, the Zacks Internet-Software Industry is currently in the top 14% of nearly 250 Zacks industries.Among the space, several intriguing software stocks are starting to stand out after exceeding their third-quarter top and bottom line expectations earlier in the month. Sporting a Zacks Rank #1 (Strong Buy), here are three of these […]

AMD Vs. Nvidia: What’s The Better AI Stock?

Nov 20, 2024 Jeremy Parkinson Finance 0

Photo by Steve Johnson on UnsplashThe Q3 earnings season is slowly grinding to a halt, with just a small chunk of S&P 500 companies yet to reveal their quarterly results.But looming large is AI-favorite Nvidia (NVDA – Free Report), whose results are expected after the market’s close on Wednesday. A peer, Advanced Micro Devices (AMD – Free Report), has already delivered its […]

Russia Crude Exports Tumble To Two Month Low

Nov 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashRussian crude oil shipments dropped to a two-month low as loadings from Russia’s Western ports slumped, tanker-tracking data monitored by Bloomberg showed on Tuesday.In the four weeks to November 17, Russian crude oil exports by sea dipped to 3.28 million barrels per day (bpd), down by 150,000 bpd compared to the previous four-week average to November 10, according […]

Gold Price Forecast: XAU/USD Looks To Test Offers At $2,660 Amid Cautious Optimism

Nov 20, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold price trades in the green for the third straight day on Wednesday, nears $2,650. Gold price gains on geopolitical risks and steady US Dollar even as Treasury bond yields recover. Gold price closes on 50-day SMA resistance at $2,660 amid bearish daily RSI. Gold price stays on the front foot early Wednesday, looking […]

EURJPY : 1:5 Risk/Reward Target Hit

Nov 20, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashOn November 14 2024 I posted on social media @AidanFX the EURJPY bearish scenario. The pair entered a bearish supply zone (Pink Box) signalling for a possible move lower. Added bearish/selling confirmations were previous support level (Dark Blue) was acting as a resistance level, a bearish reciprocal AB=CD market pattern (Light Blue) terminated point […]