January 2025 - Page 121 of 245 -

Gold Trading Strategy Today – Friday, Jan. 17

Jan 17, 2025 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:04:08More By This Author:Gold Trading Strategy, XAUUSD Analysis & […]

Solana ‘Bull Case’ Forecasts $6,636 Price Target By 2030, Crypto Firm Says

Jan 17, 2025 Jeremy Parkinson Finance 0

A recent report by crypto index fund management firm Bitwise outlines varying price projections for Solana (SOL) based on its adoption and scalability improvements. According to the report, the ‘bull case’ scenario could see SOL’s price soar to $6,636 by 2030. What Sets Solana Apart?Solana, currently the sixth-largest cryptocurrency by market capitalization, has experienced a volatile few years. […]

EUR/USD Outlook: Diverging Economies Pressure The Euro

Jan 17, 2025 Jeremy Parkinson Finance 0

The EUR/USD outlook suggests further weakness for the euro amid diverging economic outlooks between the Eurozone and the US. At the same time, the ECB is set to implement more rate cuts this year than the Fed to stem any further weakness in the Eurozone economy.Market participants eagerly await Trump’s inauguration next week, which will […]

Elliott Wave Technical Analysis: British Pound/U.S. Dollar – Friday, Jan. 17

Jan 17, 2025 Jeremy Parkinson Finance 0

GBPUSD Elliott Wave Analysis – Trading Lounge British Pound/ U.S. Dollar (GBPUSD) Day ChartGBPUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Impulsive Structure: Orange wave 5 Position: Navy blue wave 5 of C Direction (Next Higher Degrees): Navy blue wave 1 (New bullish trend) DetailsThe GBPUSD daily chart reflects a counter-trend phase based on Elliott Wave Analysis. The current wave configuration exhibits […]

Target Stock Price Forms Bullish Pattern, Pointing To A Rebound

Jan 17, 2025 Jeremy Parkinson Finance 0

Target (TGT) stock price continued to underperform the retail sector in the past few years as its growth trajectory waned and competition rose. TGT peaked at $245 in 2021 and then crashed by over 45% to the current $133. So, what next for Target shares in 2025? Target growth trajectory has wanedTarget, one of the leading […]

Will USDCAD Rally Higher?

Jan 17, 2025 Jeremy Parkinson Finance 0

Before the start of the January 13 2025 trading week we called for USDCAD to make a move lower first and terminate the wave ((ii)) which will then be followed by a rally higher. The Elliott Wave chart below advises to our members to watch for buying opportunities once the wave ((ii)) terminates with 1.4276 […]

Climbing Limo GDP Forecast For 2024-Q4

Jan 17, 2025 Jeremy Parkinson Finance, No picture 0

The climbing limo method of forecasting future GDP in the United States projects the nation’s economic output in the fourth quarter of 2024 will be approximately $29.6 trillion.If that number sounds familiar, it’s nearly identical to the climbing limo’s forecast for 2024-Q3, in which we indicated that quarter’s nominal GDP would “be within a few percentage […]

GBP/JPY Falls To Near 189.50 Following Disappointing UK Retail Sales Data

Jan 17, 2025 Jeremy Parkinson Finance, No picture 0

GBP/JPY extends its losses for the third successive day, trading around 189.60 during the early European hours on Friday. The GBP/JPY cross loses ground as the Pound Sterling (GBP) depreciates following disappointing Retail Sales data from the United Kingdom (UK).UK Retail Sales unexpectedly fell by 0.3% month-on-month in December, following a 0.1% increase in November, with […]

FX Daily: All Eyes On Monday’s Inauguration

Jan 17, 2025 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Markets may tread carefully today ahead of Monday’s inauguration of President Trump. There are lingering concerns about the “day one” measures, some of which are priced in, which could generate some volatility early next week. For now, the dollar may stay in a holding pattern, retaining its overvaluation against some tariff-sensitive currencies. USD: Inflation still […]

Elliott Wave Technical Analysis – FTSE 100 (UK) Index

Jan 17, 2025 Jeremy Parkinson Finance 0

FTSE 100 (UK) Elliott Wave Analysis – Trading Lounge Day ChartFTSE 100 (UK) Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange wave 5 Position: Navy blue wave 3 Direction (Next Lower Degrees): Navy blue wave 4 DetailsThe FTSE 100 daily chart demonstrates a bullish trend according to Elliott Wave Analysis. The wave mode is impulsive, with a focus on orange wave five, driving […]