January 2025 - Page 196 of 245 -

USD/CAD Price Analysis: US Data Backs A Slow Fed Easing Cycle

Jan 08, 2025 Jeremy Parkinson Finance 0

The USD/CAD price analysis shows further support for a gradual Fed easing cycle. The US released upbeat data on Tuesday, which boosted the dollar against the Canadian dollar. However, political developments in Canada have allowed the CAD to make a new peak.The greenback soared on Tuesday after two separate economic reports revealed continued resilience in […]

Ethereum Price Drops Back: Another Test For Support Levels

Jan 08, 2025 Jeremy Parkinson Finance 0

Ethereum price failed to clear the $3,750 resistance and trimmed gains. ETH is back to $3,350 and might struggle to start a fresh increase. Ethereum started a fresh decline from the $3,750 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line […]

Daily Market Outlook – Wednesday, Jan. 8

Jan 08, 2025 Jeremy Parkinson Finance 0

Image Source: Pixabay Asian markets declined, mirroring the moves in the U.S. overnight, as concerns about rising inflation led to a selloff in Treasuries and a negative sentiment towards China influenced market dynamics as trade tariffs from the incoming Trump administration remain a concern. MSCI’s regional equities index is set to post its largest single-day decline […]

EUR/USD Trades Firmer Near 1.0350 As Traders Brace For German Retail Sales, FOMC Minutes

Jan 08, 2025 Jeremy Parkinson Finance, No picture 0

The EUR/USD pair gains ground to near 1.0350 during the early European session on Wednesday. However, the potential upside of the major pair might be limited amid the prospects for slower interest rate cuts by the Federal Reserve (Fed) in 2025. The Federal Open Market Committee (FOMC) Minutes will be closely monitored later in the day. The […]

Elliott Wave Technical Analysis – Swiss Market Index – Wednesday, Jan. 8

Jan 08, 2025 Jeremy Parkinson Finance 0

Swiss Market Index Elliott Wave Analysis – Trading Lounge Day ChartSwiss Market Index Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Direction (Next Higher Degrees): Orange Wave 3 (Started) Details: Orange wave 1 is complete; orange wave 3 is now in play. Wave Cancel Invalidation Level: 11,245.31 The Swiss Market Index (SMI) is currently in […]

Gold: Elliott Wave Analysis Predicts The Decline From Extreme Zone

Jan 08, 2025 Jeremy Parkinson Finance 0

In this technical article we’re going to take a quick look at the Elliott Wave charts of GOLD commodity (XAUUSD), published in members area of the website. As our members are aware, XAUUSD recently completed a 3-wave recovery against the 2726.1 peak. The commodity found sellers right at the equal legs zone. Let’s dive deeper into our […]

Navigating The EURUSD Landscape: A Detailed Analysis Of Recent Movements

Jan 08, 2025 Jeremy Parkinson Finance 0

The EURUSD pair has recently exhibited significant volatility, with a notable bounce from the 1.0223 level, extending upwards to a high of 1.0436. This upward movement broke above the top of the falling price channel on the 4-hour chart, suggesting a potential shift in the trend dynamics. Understanding the Breakout The breakout above the falling […]

The Price History Of Campbell’s Tomato Soup – Wednesday, Jan. 8

Jan 08, 2025 Jeremy Parkinson Finance, No picture 0

There are very few long-running products with decades of history that are fundamentally the same as they were when they first introduced to the market. Campbell’s Tomato Soup is one of them, with a history that stretches back to the final years of the nineteenth century.2025 marks the 128th year in which Americans can go […]

EUR/USD Extends Correction After Downbeat German And Eurozone Data

Jan 08, 2025 Jeremy Parkinson Finance 0

EU/USD dips for a second day in a row after being rejected above 1.0400 this week. German factory orders are sinking lower and could not have come at a worse time. Meanwhile, President-elect Donald Trump is ramping up geopolitical rhetoric on the global stage. The EUR/USD pair extends its correction and trades around 1.0320 at the […]

FX Daily: US Inflation Concerns Return

Jan 08, 2025 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The dollar is receiving some fresh support from data, particularly from the spike in the ISM services prices paid sub-index in December. Should we see a re-focus of the Fed on inflation concerns, the dollar could enjoy a new rally on the back of continued Treasuries softness. Today, the key highlights are the FOMC […]