2024 - Page 88 of 2348 -

EUR/USD Analysis: Bearish Outlook Ahead Of US Interest Rate Cut

Dec 18, 2024 Jeremy Parkinson Finance 0

As previously anticipated, the EUR/USD pair has maintained a downward trend, stabilizing around and below the 1.05 support level, confirming the strong dominance of bears in the market. At the beginning of today’s crucial Wednesday trading session, the Euro-Dollar pair is stabilizing around the 1.0485 support level. Today, the primary focus will be on the […]

Oversold Alert! Could This Be The Start Of The Next Big Move?

Dec 18, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Watch the video from the WLGC session on 17 Dec 2024 to find out the following: Is the current market consolidation setting up for a breakout or further retracement What key indicators should traders watch for confirmation of a trend reversal How to use the short-term market breadth oscillating level to anticipate the […]

German banking giant develops Ethereum L2 using ZKsync

Dec 18, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Deutsche Bank is developing a layer 2 blockchain solution on Ethereum powered by ZKsync technology. The project’s aim is to address regulatory challenges for financial institutions using public blockchains and provide more efficient transactions. Share this article Germany’s largest bank Deutsche Bank is developing an Ethereum layer 2 network using ZKsync technology to […]

Elliott Wave Technical Analysis – MicroStrategy Inc.

Dec 18, 2024 Jeremy Parkinson Finance 0

MSTR Elliott Wave Analysis Trading LoungeMicroStrategy Inc., (MSTR) Daily ChartMSTR Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {v} of 3.DIRECTION: Pullback in (iv) of {v}.DETAILS: Looking for completion in wave (iv) to then continue higher and complete the five wave move into Minute wave {v} and back towards 500$.MicroStrategy Inc., (MSTR) 1H ChartMSTR Elliott Wave Technical […]

Fed, BoE And BoJ Interest Rate Meetings In Focus

Dec 18, 2024 Jeremy Parkinson Finance 0

The Federal Reserve (Fed), the Bank of England (BoE) and the Bank of Japan (BoJ) will announce their interest rate decisions today and tomorrow so most economists will be focused on the post-meeting statements to understand the future policy course for three of the major central banks worldwide.In other news, UK CPI inflation rose by 2.6% in […]

Should The Fed Cut Interest Rates Today?

Dec 18, 2024 Jeremy Parkinson Finance 0

The market is confident that a 25-basis-points reduction is a done-deal for today’s policy announcement, based on Fed funds futures. But the question of whether the Fed should cut is more complicated.Recent inflation data has been sticky, which dulls the case for more cuts. The counter-argument points to a gradual but conspicuous softening of the labor market. […]

Fed Decision Preview – Wednesday, Dec. 18

Dec 18, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay Later today, we get the always highly anticipated FOMC decision. This will be the Fed’s final meeting for 2024 and the market will be paying close attention to see what the central bank has to say. Heading in, the overwhelming consensus is calling for the Fed to cut rates 25 basis points.Video Length: […]

Natural Gas Is The Solution

Dec 18, 2024 Jeremy Parkinson Finance 0

With forecasts for power demand growth seemingly increasing every month, it’s clear that part of the solution will be “behind the meter”, meaning new natural gas power plants directly connected to their data center customers without the need to connect to the grid.This also sidesteps potential complaints that existing electricity customers are subsidizing the new […]

Crude Oil Finds Floor After Surprise Drawdown In US Stockpiles

Dec 18, 2024 Jeremy Parkinson Finance 0

Oil prices are trading back around $70.00 after a surprise drawdown in US API data. Kazakhstan is set to raise Oil output next year, according to Bloomberg. The US Dollar Index trades around 107.00 ahead of the last Fed meeting of 2024. Crude Oil trades slightly up on Wednesday at around the $70 round level […]

Ethereum Sees Net Outflows On Spot Exchanges – Is A Major Price Rally Coming?

Dec 18, 2024 Jeremy Parkinson Finance 0

As Ethereum attempts to rally alongside Bitcoin, the asset appears to have been spotlighted as analysts assess its fundamentals to grasp what is ongoing behind the scenes.A key factor influencing ETH’s price so far, according to the latest analysis, is the relationship between net flows on spot exchanges and investor behaviour. Net flows measure the balance between Ethereum entering […]