2024 - Page 35 of 2348 -

Expecting A US$ Reversal

Dec 26, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Interest rates are always among the most important determinants of currency exchange rates, but over the past two years, they have dominated. We cite the following two charts as evidence.The first chart compares the US$/Yen exchange rate (the black line) with the yield on the US 10-year T-Note (the green line). This chart […]

Adobe Stock Price Recoiled In 2024: Will It Rebound In 2025?

Dec 26, 2024 Jeremy Parkinson Finance 0

Adobe (ADBE) stock price had a rough year as it became one of the worst-performing technology companies. ADBE plunged to a low of $445, its lowest level since July 2023, and 30% below its highest level this year. So, what next for the stock? Adobe’s growth momentum has easedAdobe is one of the best players in […]

Cardano Struggles To Hold Ground: Another Drop Incoming?

Dec 26, 2024 Jeremy Parkinson Finance 0

Cardano price started a downside correction below the $1.00 zone. ADA is consolidating and facing hurdles near the $0.920 and $0.950 levels. ADA price started a downward move below the $1.00 support zone. The price is trading below $0.950 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance […]

BTC/USD Forex Signal: Santa Claus Rally To Continue

Dec 26, 2024 Jeremy Parkinson Finance 0

Bullish View Buy the BTC/USD pair and set a take-profit at 102,000. Add a stop-loss at 92,000. Timeline: 1-2 days. Bearish View Set a sell-stop at 97,000 and a take-profit at 92,000. Add a stop-loss at 102,000. The BTC/USD pair held steady above 98,000 amid low volume due to the Christmas season. On Thursday morning, […]

WTI Crude Oil Forecast: West Texas Intermediate Crude Oil Rallies Into Holiday

Dec 26, 2024 Jeremy Parkinson Finance 0

During my daily analysis of the commodity markets, the West Texas Intermediate Crude Oil market has shown some strength, and I think you’ve got a situation where you have to pay close attention to liquidity, as it of course will be dropping for the next several days. That being said, the technical analysis will end […]

Shiba Inu Launches Early Access To Its Metaverse After A Year-Long Delay

Dec 26, 2024 Jeremy Parkinson Finance 0

Shiba Inu’s (SHIB) ecosystem developers have finally opened early access to the much-awaited SHIB: The Metaverse. It comes after the team re-scheduled the launch from December 2023 to 2024/2025 due to unforeseen circumstances. Understanding SHIB: The MetaverseThe new platform aims to transform the Shiba Inu ecosystem with community-centered developments and immersive experiences.Meanwhile, the metaverse project represents […]

Inflation Forecasts Can Reflect Political Bias

Dec 26, 2024 Jeremy Parkinson Finance 0

The Fed uses many inflation gauges to develop its forecasts. An important one that Powell has flagged many times is inflation expectations. However, there is a weakness in using inflation expectations as an input to the Fed’s forecasts. Inflation expectations are collected from two primary sources: markets and surveys. Both traders and individuals have political […]

Twilio Stock Price Soared In 2024: Technical Point To More Gains

Dec 26, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Twilio share price has jumped by 46% this year. The company’s revenue growth has been modest. It is also on a path towards profitability after its large layoffs. Twilio’s (TWLO) stock price continued its upbeat performance, soaring to $112, its highest level since May 2022. TWLO shares have surged by over 140% […]

BTC/USD Forecast: Bitcoin Bounces Again In A Show Of Strength

Dec 26, 2024 Jeremy Parkinson Finance 0

During my daily analysis of financial markets, Bitcoin captured my attention due to the fact that we have bounce significantly from the 50 Day EMA, which sits near the $93,000 level, and is rising. At this point, it looks like we are trying to get to the $100,000 level, an area that is not only […]

Solana meme coin MIRA soars to $80M market cap in 5 hours as community rallies around brave little girl

Dec 26, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways The MIRA token reached an $80 million market cap within five hours, inspired by Mira Chen’s story. Siqi Chen pledged to donate $49,200 from his token holdings to brain tumor research at the Hankinson Lab. Share this article Little Mira, a four-year-old facing a rare brain tumor with incredible strength, has touched the […]