December 2024 - Page 210 of 225 -

Elliott Wave Technical Analysis – Nikkei 225 – Tuesday, Dec. 3

Dec 03, 2024 Jeremy Parkinson Finance 0

NIKKEI 225 (N225) Elliott Wave Analysis Trading Lounge Day ChartNIKKEI 225 (N225) Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 1 Position: Navy Blue Wave 3 Direction Next Lower Degrees: Orange Wave 2 DetailsThe NIKKEI 225 daily chart reflects an Elliott Wave analysis indicating a bullish trend. The current wave structure is classified as orange wave 1, which is […]

Sensex Today Trades Marginally Higher; Nifty Above 24,250

Dec 03, 2024 Jeremy Parkinson Finance 0

Asian equities rose to follow the positive lead from Wall Street where a rally in the world’s largest technology companies drove stocks to fresh all-time highs.Equity benchmarks opened higher in both Japan and South Korea, with Australian shares also recording gains.The US stock market opened mixed on Monday, with two main indices gaining.Here’s a table […]

ETH/USD Forecast: Ethereum Continues To Consolidate After A Break Higher

Dec 03, 2024 Jeremy Parkinson Finance 0

During my daily analysis of the cryptocurrency markets, the Ethereum market has caught my attention, because we initially did try to rally, only to give back gains and drop to the $3600 level. This is an area that’s been important multiple times, and it is an area that I have mentioned a few times here […]

Oil Struggles To Break Out; Prices Expected To Trade In A Narrow Range Ahead Of OPEC Meeting

Dec 03, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Oil prices gained on Tuesday, but traded in a narrow range ahead of the OPEC+ meeting on Thursday. OPEC+ may have to extend voluntary production cuts till the end of March next year, Commerzbank said. Investors will monitor key economic data from the US for further cues on Fed’s interest rate cut […]

FX Daily: BRICS Currencies Under Pressure

Dec 03, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash FX markets continue to see a strong dollar even though this week should really be about US data and prospects for Fed easing. The currencies of three of the five BRICS founding members are under pressure. This is not entirely down to the threats of President-elect Trump, but also reflects home-grown problems. US JOLTS […]

Elliott Wave Technical Analysis – Euro/U.S. Dollar

Dec 03, 2024 Jeremy Parkinson Finance 0

Euro/U.S. Dollar (EURUSD) Day ChartEURUSD Elliott Wave Technical Analysis Function: Bearish Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Direction Next Higher Degrees: Orange Wave 4 DetailsThe EURUSD daily chart demonstrates an Elliott Wave analysis, identifying a bearish trend in progress. The current wave structure is categorized as orange wave 3, forming part of a broader impulsive […]

Metal Markets Report For Monday, Dec 2

Dec 03, 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: 00:10:43More By This Author:SPDR ETF Report For Monday, Dec 2Financial Markets Report For Monday, Dec 2Metal Markets Report For Wednesday, Nov 27

XAG/USD Remains Capped Below $31.00, Further Consolidation Cannot Be Ruled Out

Dec 03, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Silver price climbs to around $30.90 in Tuesday’s early European session, up 1.24% on the day. Silver crosses above the 100-day EMA, but further consolidation cannot be ruled out with the neutral RSI indicator. The first upside barrier is located at $31.68; the initial support level is seen at $30.50. The Silver price (XAG/USD) gains […]

Drunk On Ripple

Dec 03, 2024 Jeremy Parkinson Finance 0

Image by WorldSpectrum from PixabayAs if you needed any more evidence of market insanity, take a moment to look at Ripple (XRP-X), the cryptocurrency that, like Doge (DOGE-X), was created just as a joke, but has become a financial giant. It has gone up about 400% in just the past month based on………….nothing. Nothing except popularity. It’s sort of like how some famous people are famous because […]

Gold Fluctuates Amid Dollar Strength: What’s Next For Prices?

Dec 03, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold prices were steady on Tuesday even as the market awaited the release of key US economic data. The ADP employment report and non-farm payrolls data later this week will lend cues to gold prices. Experts believe gold prices will be volatile in the lead up to the US Fed policy meeting later […]