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Elliott Wave View In Silver Favors The Metal Going Higher

Elliott Wave View In Silver Favors The Metal Going Higher

Image Source: PixabayShort Term Elliott Wave in Silver (XAGUSD) shows that the metal ended wave ((4)) at 29.63. The metal has turned higher in wave ((5)). The structure of the rally is unfolding as a 5 waves Elliott Wave impulse structure. Up from wave ((4)) low on 11.28.2024, wave (i) ended at 30.29 and wave (ii) dips […]
Japanese Yen Sticks To Modest Intraday Gains Against Usd; Lacks Follow-through

Japanese Yen Sticks To Modest Intraday Gains Against Usd; Lacks Follow-through

Image Source: Pixabay The Japanese Yen attracts some buyers on Thursday, albeit lacking bullish conviction. Dovish remarks by BoJ’s Nakamura, rebounding US bond yields cap gains for the JPY. Traders seem reluctant to place aggressive bets ahead of the US NFP report on Friday.  The Japanese Yen (JPY) remains on the front foot against its American […]
Australian Dollar Remains On The Defensive As Weaker Data Spurs RBA Rate Cut Speculation

Australian Dollar Remains On The Defensive As Weaker Data Spurs RBA Rate Cut Speculation

Image Source: Unsplash The Australian Dollar softens in Thursday’s Asian session. Slower-than-expected Australian Q3 GDP and heightened expectations of RBA’s dovish stance exert some selling pressure on the Aussie.  The US weekly Initial Jobless Claims and Goods Trade Balance are due later on Thursday. The Australian Dollar (AUD) remains under selling pressure on Thursday. The disappointing […]
Market Liquidity May Not Be As Ample As Some Believe

Market Liquidity May Not Be As Ample As Some Believe

Image Source: UnsplashToday, the VIX index was up slightly, and 10-day realized volatility began to rise from its depressed levels, as the S&P 500 moved by 60 basis points instead of its usual 25 bps. With a Jobs report on Friday, a CPI report next week, a FOMC meeting coming up, and a BOJ meeting, volatility […]
Financial Markets Report For Wednesday, Dec 4

Financial Markets Report For Wednesday, Dec 4

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, December 4.Video Length: 00:15:37More By This Author:Metal Markets Report For Tuesday, Dec 3 Financial Markets Report For Tuesday, Dec 3 Metal Markets Report For Monday, Dec 2
The Fall Of The French Government Means Less Growth And No Budget In 2025

The Fall Of The French Government Means Less Growth And No Budget In 2025

Image Source: Pexels There is no longer a government in France  As expected, French MPs decided on Wednesday evening to vote a motion of no confidence in the government led by Michel Barnier. 331 MPs from the left and far right voted in unison, and the government fell, less than three months after it was set […]
Major Indices Lighting Up Like Wall Street’s Christmas Tree

Major Indices Lighting Up Like Wall Street’s Christmas Tree

Image Source: PexelsMARKETSIn a dizzying turn of events, South Korea, the world’s 12th-largest economy, was thrust into the global spotlight with a brief imposition of martial law. But as the dust settles and a fragile calm returns to the Korean markets, Asia braces for a bouncy Thursday. The mood is buoyed further by a fresh wave […]
This Market Tech, More Tech, Nothing But Tech Right Now

This Market Tech, More Tech, Nothing But Tech Right Now

Image Source: UnsplashWhen you’re trading, it pays (literally) to develop a list of “usual suspects” you can use to get a read on the market in a matter of seconds.Financials, energy, tech – those are a few of my usual suspects. What I see isn’t all that great… The other day it looked like Christmas came […]
Nasdaq Kicks On As Russell 2000 Stays In Limbo

Nasdaq Kicks On As Russell 2000 Stays In Limbo

Image Source: UnsplashToday belonged to the Nasdaq. There was a good opening gap and the index kicked on nicely on higher volume accumulation. Technicals are net bullish. Healthy action with no bearish divergences flagged.The S&P added near 1%, although the index continued to lose ground against the Nasdaq. However, On-Balance-Volume shows strong accumulation, which should help […]
3 Ways AI Is Revolutionizing Metals And Mining 
                    

Energy Transition: AI, Mining and Groundbreaking Potential

3 Ways AI Is Revolutionizing Metals And Mining Energy Transition: AI, Mining and Groundbreaking Potential

Photo by Mohamed Nohassi on Unsplash Last year, the world spent $1.8 trillion on the energy transition – yet we’re just scratching the surface.According to BlackRock, by the end of the next decade, $4 trillion will be spent annually on the energy transition. That includes money flowing into all aspects of the energy supply chain, from resource mining to […]