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Archives by Year:
Gold Prices Slip On Profit Booking But Set For Third-Weekly Gain
Gold prices fell on Friday as investors resorted to booking profits after the yellow metal had surged to a one-month-high in the previous session. “Gold price (XAU/USD) retains its negative bias through the first half of the European session on Friday, though it lacks follow-through selling and remains close to a one-month peak touched the previous […]
Daily Market Outlook – Friday, Jan. 17
Image Source: Pexels The dollar strengthened overnight as the MSCI Asia Pacific Index ended its three-day winning streak as investors paid little attention to China’s report of its fastest economic growth in six quarters. Following the announcement, China’s benchmark CSI 300 Index fluctuated but ultimately closed higher in the afternoon session. Stocks in South Korea, India, […]
Truist Financial Corporation Beats Expectations With Strong Q4 Results
Truist Financial Corporation (TFC) has reported a strong fourth-quarter performance for 2024, with net income available to common shareholders reaching $1.2 billion.Truist Financial Corporation has released its fourth-quarter results for 2024, showcasing a robust performance with net income available to common shareholders reaching $1.2 billion, translating to earnings per share (EPS) of $0.91. This marks a significant […]
Current Report: NL Industries
Image Source: Pixabay NL Industries (NL) operates in the component products industry through its majority-owned subsidiary, CompX International Inc.It manufactures engineered components that are sold to a range of industries, including recreational transportation, postal, office, and institutional furniture, cabinetry, tool storage, healthcare, gas stations, and vending equipment.CompX has three production facilities in the United States, through […]
EUR/USD Trades Cautiously As Focus Shifts To Trump’s Inauguration
EUR/USD trades with caution in a narrow range near the key level of 1.0300 in Friday’s European session. The major currency pair oscillates inside Thursday’s trading range, with investors focusing on United States (US) President-elect Donald Trump’s inauguration on Monday.Investors await Trump’s announcement of new economic policies for fresh cues about the United States (US) economic outlook and […]
Gold Trading Strategy Today – Friday, Jan. 17
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
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
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
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
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 […]
