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Archives by Year:
ETH/USD Forecast: Waiting For Bitcoin To Make A Move
So, with that being said, I am very interested in what happens next because I do think that we are in the same area that has been supportive in the past and therefore it does make a certain amount of sense that we would see Ethereum continue to attract a bit of attention. It is […]
AUD/USD Forex Signal: Bearish Price Channel Continues
My previous signal last Thursday was not triggered as none of the key support or resistance levels were reached that day. Today’s AUD/USD Signals Risk 0.75% Trades must be taken before 5pm Tokyo time Friday. Short Trade Ideas Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch […]
Median Household Income In November 2024
Motio Research’s initial estimate of U.S. median household income in November 2024 is $82,586. This figure is $364 (0.4%) higher than the firm’s initial estimate of median household income of $82,222 in October 2024.Motio Research’s estimates are based on income data collected by the U.S. Census Bureau as part of its monthly Current Population Survey, which are collected […]
Gold Miners Junior (GDXJ) Zigzag Correction In Progress
Gold Miners Junior (GDXJ) is an exchange-traded fund (ETF) managed by VanEck. This ETF primarily invests in small-cap companies in the gold and silver mining sector. The ETF has higher potential for growth or risk compared to larger, established mining companies. These junior miners can offer significant leverage to gold price movements. It makes GDXJ […]
USD/CHF Trades Around 0.9050 After Pulling Back From Seven-Month Highs
Image Source: Unsplash USD/CHF retreats from its seven-month high at 0.9080, marked on Tuesday. US weekly Initial Jobless Claims and S&P Global Manufacturing PMI for December will be eyed on Thursday. The safe-haven Swiss Franc receives support from escalating geopolitical tensions. The USD/CHF pair continues to decline from its seven-month high of 0.9080, as the US Dollar […]
GBP/USD Forecast: Continues To Test Major Support
The British Pound initially did try to rally a bit during the trading session on Tuesday but gave back gains rather quickly. As we have seen time and time again, this market doesn’t really want to break out of the area it’s in at the moment. This does make a certain amount of sense, I […]
Sensex Today Trades Marginally Higher; Nifty Above 23,750
Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024.US stock markets were closed on Wednesday for the New Year 2025 holiday.Here’s a table showing how US stocks performed on Tuesday: Stock/Index LTP Change ($) Change (%) Day High Day Low 52-Week High […]
What Will 2025 Look Like For The Dollar?
Image Source: Pexels We’re into 2025 and as we get going, we’re seeing a minor round of profit taking on long Dollar positions. But the price action is to be taken with a grain of salt in what is still super thin holiday trade. Key standouts on Thursday’s calendar come from German, Eurozone, and UK manufacturing […]
EUR/USD Is Under Pressure As US Dollar Clings To Gains Near Two-Year High
EUR/USD trades cautiously near 1.0350 as the US Dollar clings to gains. The USD sees more upside as the Fed has guided fewer rate cuts in 2025. Investors expect the ECB to cut interest rates steadily by 25 bps in each meeting till June. EUR/USD trades vulnerable and holds near a more-than-a-month low at around 1.0350 […]
Asian Stocks Dip Sharply On Thursday: Hang Seng Slips 300 Points
Image Source: Unsplash China’s CSI 300 index dropped sharply, losing 1.61%, while Hong Kong’s Hang Seng Index declined 2.18%. South Korea’s Kospi index edged down 0.12%, while the Kosdaq gained 0.86%. Trading volumes remained subdued due to holidays in Japan and New Zealand. Asian stock markets were largely in the red on Thursday, reflecting a cautious […]
