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Archives by Year:
Bitcoin Could Crash Into $50,000s Before Skyroacketing, Claims Fundstrat CEO
In a recent appearance on CNBC’s “Squawk Box,” Tom Lee, Fundstrat Capital CIO and head of research, suggested that Bitcoin may still have a ways to fall before posting a substantial recovery. During the January 13 segment, Lee spoke about the broader market concerns—such as inflation, bond yields, and earnings—before drawing a parallel to the crypto space, […]
Gold Slightly Recovers After Gradual Tariff Plans Leaked Daily digest market movers: Trump administration is worried Technical Analysis: Risk of slipping away
Gold’s price (XAU/USD) halts its poor Monday performance when Federal Reserve (Fed) policy rate concerns took over sentiment, recovering slightly and trading near $2,670 at the time of writing on Tuesday. That sentiment is now changing again into a sigh of relief on headlines that the President-elect Donald Trump administration is considering a very gradual […]
Japanese Yen In Consolidation After Recent Growth: Signs Of Recovery But Insufficient Support Factors
The USD/JPY pair entered a consolidation phase on Tuesday, following modest growth during the earlier two trading sessions. Today, the pair’s movements are centred around the 157.50 mark.Despite these recovery attempts, the yen remains under pressure, with limited support for a sustained rebound. Comments from Ryozo Himino, Deputy Governor of the Bank of Japan (BoJ), […]
Altcoin Update: Doge At A Key Turning Point As Monero Gains On Bitcoin’s Recovery
The altcoin space displayed notable recoveries today as Bitcoin soared past $95K, currently trading at $95,399.While most tokens printed significant movements, Dogecoin and Monero grabbed investor attention with their current performances.Let’s find out more. Bitcoin above $95KBitcoin has regained $95K after plunging beneath $90K on Monday.Its recent drop catalyzed over $730 million in crypto liquidations.The bellwether crypto exhibits […]
Unlocking ASX Trading Success: Fortescue Ltd – FMG Elliott Wave Analysis & Elliott Wave Technical Forecast – Tuesday, January 14
ASX: FORTESCUE LTD – FMG Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with FORTESCUE LTD – FMG. We see ASX:FMG about to move very high with wave 3. Today’s in-depth analysis gives you all the important data, including specific visual price levels to know when the […]
Older Teens Lead Job Gains In 2024
What demographic group had the biggest gains in the U.S. job market during 2024?The answer is both really surprising and surprisingly narrow. The raw number of older teens, Age 18-19, saw their numbers among the employed grow by 322,000 in 2024, increasing from 3,308,000 in December 2023 to 3,630,000 in December 2024.By comparison, the numbers […]
USD/JPY Rises Sharply To Near 158.00 Yen’s Safe-Haven Appeal Falters
The USD/JPY pair moves sharply higher to near 158.00 in Tuesday’s European session. The asset gains firmly as the safe-haven appeal of the Japanese Yen (JPY) has faltered amid recovery in demand for risk-sensitive assets.The Yen performed strongly in last three trading days against the US Dollar (USD) despite the latter rallied to a fresh more-than-two-year high. […]
New Zealand Dollar/ U.S. Dollar (NZDUSD) Forex Elliott Wave Technical Analysis
NZDUSD Day Chart DescriptionElliott Wave Analysis Trading LoungeNew Zealand Dollar/ U.S. Dollar (NZDUSD) Day ChartNZDUSD Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Navy Blue Wave 1 Position: Gray Wave 1 Direction Next Lower Degrees: Navy Blue Wave 2 Details: Navy blue wave 1 of 1 marks a new trend in progress. Wave Cancel Invalidation Level: 0.555406 The New Zealand Dollar to US Dollar […]
Pound Sterling Finds Support While Higher UK Gilt Yields Keep Downside Intact
Image Source: Unsplash The Pound Sterling recovers slightly after facing a sharp sell-off in the last few trading days, with investors focusing on the UK CPI data for December on Wednesday. The weak outlook of the British currency stays afloat amid higher UK gilt yields. Investors await the US inflation data, which will influence expectations for […]
Metal Markets Report For Monday, Jan 13
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:07:30More By This Author:SPDR ETF Report For Monday, Jan 13Financial Markets Report For Monday, Jan 13Metal Markets Report For Thursday, Jan 9
