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Archives by Year:
Metals Report For Thursday, April 4
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:45More By This Author:Financial Markets Report For Thursday, April 4SPDR ETF Report For Thursday, April 4Metals Report For Wednesday, April 3
Elliott Wave Technical Analysis: Bitcoin Crypto Price News, Friday, April 5
Image Source: UnsplashElliott Wave Analysis TradingLounge Daily Chart,Bitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Triangleposition: Wave ((D))Direction Next higher Degrees: wave (III)Wave Cancel invalid level: 31046.25Details: The corrective of Wave IV before increasing again in Wave VBitcoin/ U.S. dollar(BTCUSD)Trading Strategy:Bitcoin is still in an uptrend. This is currently a short-term correction of the fourth wave. […]
Smart Money Is Moving Into Oil Amid Rising Global Tensions
Photo by Timothy Newman on UnsplashWith the election approaching in November, the news is dominated by stories about politicians and filled with the latest policy statements and missteps of the presidential candidates.But other stories could be even more important to U.S. consumers.You’ve likely seen the headlines. There are two major wars underway right now: “Tehran, Hezbollah vow ‘revenge’ […]
Bank Of America Near Support Area
Image Source: PexelsBACUp from there, wave (1) ended at 35.1 and dips in wave (2) ended at 32.35. The stock extends higher again in wave (3). Up from wave (2), wave 1 ended at 36.45 and pullback in wave 2 ended at 35.24. The stock extended higher again in wave 3 towards 37.64 and pullback in […]
WTI Rises To Near $86.20 On Reports Of Threats Against Israeli Embassy
Image Source: Unsplash WTI price appreciated after Iran vowed retaliation for Israel’s attack on Iran’s embassy. NATO officials said that Ukrainian drone attacks on Russian refineries may have disrupted over 15% of capacity. The US has imposed sanctions on Oceanlink Maritime DMCC for its role in shipping commodities intended for the Iranian military. West Texas Intermediate (WTI) […]
Gold Price Extends Losses Amid Hawkish Fedspeak Ahead Of US NFP
Image Source: Unsplash Gold price corrects further from the all-time high amid hawkish remarks by Fed officials. Persistent geopolitical tensions should limit the downside for the safe-haven XAU/USD. Traders might also refrain from placing aggressive bets ahead of the crucial US jobs data. Gold price (XAU/USD) extends the previous day’s modest pullback from the record peak and […]
Financial Markets Report For Thursday, April 4
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, April 4.Video Length: 00:16:21More By This Author:SPDR ETF Report For Thursday, April 4Metals Report For Wednesday, April 3Financial Markets Report For Wednesday, April 3
Stock Analysis & Elliott Wave Technical Forecast: ASX: BLOCK INC. – SQ2
Image Source: UnsplashUnlocking ASX Trading Success: BLOCK INC. – SQ2 Stock Analysis & Elliott Wave Technical ForecastGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with BLOCK INC. – SQ2 . We’ve identified a countertrend move (ABC) with Wave 2-red unfolding, which also presents a good trading opportunity with Wave 3-red to follow once Wave 2-red completes. Therefore, we’ll closely […]
‘Cocoa Could Double From Here’ – Oil-Bull Andurand Gets Greedy On Chocolate
Image Source: UnsplashOil trader Pierre Andurand suffered record losses last year in the commodities world, though the money manager has so far crushed it on the cocoa trade. Bloomberg reports Andurand opened a “small, long position” in cocoa futures in early March. Since then, prices have soared as much as 73%. People familiar with the trade did not […]
These Traps Could Earn Monster Profits On Non-Farm Friday
Image Source: PexelsHoly Smokes…What a Move This Afternoon!Tomorrow is Non-Farm Payrolls. Combine that with today’s big move down and TRAPS are likely where the BIG MONEY is made on Friday!You might be checking the news right about now, trying to make sense of what happened this afternoon…But the only thing we need to make money tomorrow, is […]
