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Silver Forecast: Respecting Same Area

Silver Forecast: Respecting Same Area

Image Source: Pixabay Silver markets continue to find support right around the $24.50 level. It is worth noting that on Friday we’ll have a shortened trading session, but there will still be business conducted. The $24.50 level is an area that previously had been major resistance, so it does make a certain amount of support since. […]
The Next Breakout Charts In Gold & Silver

The Next Breakout Charts In Gold & Silver

Image Source: PixabayGold has broken out from a super bullish cup and handle pattern. This breakout is historically significant as it has tremendously bullish implications over the next decade. However, Gold breaking above $2100 is not quite a risk-off signal for the entire precious metals sector. At least not yet.The breakout has started to pull Silver and […]
Gold Benefits From Currency Wars

Gold Benefits From Currency Wars

Image Source: UnsplashThe macroeconomic event of the week comes from Japan, where the yen recorded its lowest level against the US dollar since 1990.The dollar is at a 34-year high against the Japanese currency. The resistance level of 150 yen to the dollar is about to be breached, a level which historically served as support in the […]
Japan: Stronger-Than-Expected Retail Sales, Softer-Than-Expected Industrial Production

Japan: Stronger-Than-Expected Retail Sales, Softer-Than-Expected Industrial Production

Today’s data releases were a bit mixed with weaker-than-expected IP and stronger-than-expected retail sales. Tokyo inflation hasn’t changed much at above the 2% level. We believe that the Bank of Japan will pay more attention to the improvement in retail sales and sticky inflation data than to weak IP and labour results driven by an idiosyncratic factor.Image […]
The Fed Will Ignore Election, Cut Interest Rates Second Half Of 2024

The Fed Will Ignore Election, Cut Interest Rates Second Half Of 2024

Image source: PixabayWhen monetary policy decisions by the Federal Reserve are discussed, some commentators believe that the Fed won’t cut interest rates just before an election. Others have said in past cycles that the Fed won’t raise rates before an election. In reality, the Fed has done both in the past, and we should ignore the […]
USD/CHF Snaps The Two-day Losing Streak Above 0.9000 Ahead Of US PCE Data

USD/CHF Snaps The Two-day Losing Streak Above 0.9000 Ahead Of US PCE Data

Image Source: Unsplash USD/CHF holds the positive ground around 0.9025 on the firmer US Dollar.  The high-for-longer US rate narrative might boost the Greenback against the CHF.  SNB’s Schlegel said the SNB will monitor the FX rate closely and intervene if necessary.  The USD/CHF pair snaps the two-day losing streak near 0.9025 on Friday during the Asian session. […]
Dazzling Dogecoin: Triple-Digit Surge In 2024

Dazzling Dogecoin: Triple-Digit Surge In 2024

Photo by Executium on UnsplashCheck out Dogecoin, which is up a triple digit percentage thus far in 2024.More By This Author:Comparing Gold: Is It Overvalued Against Stocks And Crypto Diving Into Doughnuts: The Resurgence Of Krispy Kreme More Cuckoo Than Ever
Microsoft Signs 400 MW Renewable Energy Purchase Deals From New Texas Solar Projects

Microsoft Signs 400 MW Renewable Energy Purchase Deals From New Texas Solar Projects

Image Source: UnsplashLeeward Renewable Energy (LRE), announced two new Power Purchase Agreements (PPA) with Microsoft (MSFT), for a total of 400 MW of renewable energy to be delivered from two solar facilities currently under development in Texas.The two new solar projects, each 200 MW, include the Morrow Lake Solar in Frio County, Texas, expected to be […]
USD/CAD Could Halt Losing Streak Amid A Stronger Greenback, Clings To 1.3540

USD/CAD Could Halt Losing Streak Amid A Stronger Greenback, Clings To 1.3540

Photo by Michelle Spollen on Unsplash USD/CAD holds its position after recovering daily losses on Friday. US Dollar strengthens on hawkish sentiment surrounding the Fed maintaining higher policy rates. Canadian Dollar received upward support from the higher WTI price. USD/CAD hovers around 1.3540 during the Asian hours on Friday, showing signs of potentially ending its four-day losing streak. […]
Stellar Q4 & Full Year 2023: NaaS Records 245% YoY Revenue Growth And 14-Fold Gross Profit

Stellar Q4 & Full Year 2023: NaaS Records 245% YoY Revenue Growth And 14-Fold Gross Profit

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: UnsplashNaaS Technology (NAAS), the first U.S. listed EV charging service company in China, today announced remarkable financial growth and operational highlights in its newly-released unaudited financial results for the fourth quarter and full […]