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Silver/Euro And Dow/Gold Making Big Moves

Silver/Euro And Dow/Gold Making Big Moves

Image Source: PixabayLast year, we looked at charts of Silver/Euro and Dow/Gold, both of which were on the verge of significant long-term breakouts. Since that time, the suspected breakouts have occurred, providing key evidence that the bull market in precious metals is indeed underway. It’s time to review these fascinating charts! We’ll start with Silver/Euro and note that the breakout […]
EUR/USD Price Analysis: Tests The Major Level Of 1.0650; Followed By The Nine-Day EMA

EUR/USD Price Analysis: Tests The Major Level Of 1.0650; Followed By The Nine-Day EMA

Image Source: Pixabay EUR/USD remains tepid around the major level amid a bearish sentiment. A breach below the 1.0600 level may lead the pair toward November’s low at 1.0517. The nine-day EMA at 1.0675 appears as the immediate barrier. EUR/USD remains lackluster during the Asian trading hours on Tuesday, hovering near 1.0650. From a technical perspective, […]
3 Energy Stocks To Buy Pre Earnings

3 Energy Stocks To Buy Pre Earnings

Photo by Timothy Newman on UnsplashAbout four years ago, amidst the panic of the COVID-19 pandemic outbreak, U.S. crude oil futures prices did the unthinkable and went to zero. Since then, oil prices have soared, with the most popular oil ETF, the U.S. Oil Fund ETF (USO – Free Report), jumping more than 400%, driven by soaring demand, OPEC cuts, and rising […]
Metals Report For Monday, April 22

Metals Report For Monday, April 22

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:13:43More By This Author:Financial Markets Report For Monday, April 22SPDR ETF Report For Friday, April 19Financial Markets Report For Friday, April 19
Airliner Earnings: What Can Investors Expect?

Airliner Earnings: What Can Investors Expect?

Image Source: UnsplashWe have entered the heart of the 2024 Q1 earnings cycle with a notably stacked earnings schedule on deck for this week. The period has primarily been positive so far, with the big banks’ results not causing any spooks.This week, we’ll hear from American Airlines (AAL – Free Report) and Southwest Airlines (LUV – Free Report). What can […]
Elliott Wave Technical Analysis: Binance Crypto Price News For Tuesday, April 23

Elliott Wave Technical Analysis: Binance Crypto Price News For Tuesday, April 23

Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: TrianglePosition: Wave ((D))Direction Next higher Degrees: wave 4Wave Cancel invalid level: 508Details: Correction in Triangle pattern before rising again in Wave 5.Binance/ U.S. dollar(BNBUSD)Trading Strategy:The short-term correction in Wave 4 with the Triangle pattern continues because there is still another […]
The Canadian Cannabis Report – Monday, April 22

The Canadian Cannabis Report – Monday, April 22

Image Source: PixabayFor the trading week ended April 19, 2024, my proprietary Canadian Cannabis Company Index (MCCCI) decreased 4.0% compared to the prior week when it decreased 16.8%. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that I consider to […]
USD/CAD Trades On A Softer Note Below 1.3700 Ahead Of US PMI Data

USD/CAD Trades On A Softer Note Below 1.3700 Ahead Of US PMI Data

Photo by Michelle Spollen on Unsplash USD/CAD trades in negative territory for the fifth consecutive day around 1.3695 on Tuesday.  The high-for-longer US rate narrative might boost the USD and cap the pair’s downside.  Canadian Industrial Produce Prices dropped by 0.8% MoM in March compared to a rise of 1.1% prior, in line with the consensus.  The USD/CAD pair extends its downside near 1.3695 […]
This Bull Trap Could Earn Monster Profits On Tuesday

This Bull Trap Could Earn Monster Profits On Tuesday

Image Source: PixabayWeekend’s over… let’s make some money!Markets bounced higher today, and I see (3) reasons why this Bull Trap might be our EASIEST winner all week!Markets are bearish overall, so this big move higher today might be the perfect opportunity to get short…But we can’t rush the entry – stay patient, and keep these (2) […]
Financial Markets Report For Monday, April 22

Financial Markets Report For Monday, April 22

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, April 22.Video Length: 00:16:48More By This Author:SPDR ETF Report For Friday, April 19Financial Markets Report For Friday, April 19SPDR ETF Report For Thursday, April 18