Author Archive: Jeremy Parkinson
USD/CAD Price Forecast: Trades Back And Forth Around 1.4400
The USD/CAD pair trades in a tight range around 1.4400 in Friday’s European session. The Loonie pair consolidates as trading activity has muted in a holiday-curtailed week. The US Dollar (USD) trades sideways, but its outlook remains broadly firm on expectations that the Federal Reserve (Fed) will take a slower path of interest rate cuts compared with other […]
Gold Price Today: Yellow Metal On Track For Best Annual Returns Since 2010
Gold prices were in the red on Friday amid thin trading volumes, following the Christmas holidays. Trading volumes tend to be lower near the year-end. However, prices could edge up later in the day with yields on Treasury bonds in the US remaining subdued on Friday. Gold prices are on track to end the year with sharp gains.Gold […]
Gold Trading Strategy Today – Friday, Dec. 27
Image Source: Pixabay 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: 00:03:30More By This Author:Gold Trading Strategy Today – Tuesday, […]
AUD/USD Falls To Near 0.6200 Due To Increased Likelihood Of RBA Rate Cuts In 2025
AUD/USD continues to lose ground for the fifth successive day, trading around 0.6220 during the Asian session on Friday. The AUD/USD pair moves downwards as the US Dollar (USD) receives support from growing expectations of fewer rate cuts by the US Federal Reserve (Fed). In its December meeting, the Fed reduced interest rates by a quarter point […]
GBP/USD Forecast: Stalls Near 1.25
I do look at the 1.25 level as important though. So, we’ll have to see whether or not we can bounce from here. We have tried to do so a couple of times over the last several days but failed. So, the market more likely than not is going to be very quiet trying to […]
Current Report – Hercules Capital
Image Source: Unsplash Hercules Capital Inc (HTGC) is a specialty finance company. As a business development company, it is engaged in providing senior secured loans to high-growth, venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries.It invests majorly in structured debt with warrants and, to a lesser extent, in senior debt […]
Ethereum Price Falls Again: Is The Decline Gaining Momentum?
Ethereum’s price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level. Ethereum started a fresh decline from the $3,550 zone. The price is trading below $3,450 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with […]
US Holiday Retail Sales 2024: What Drove The Unexpected Surge?
Image Source: Pexels According to Mastercard SpendingPulse, online sales surged 6.7% compared to 2023. Unlike previous years marked by deep discounts, retailers maintained a disciplined approach to promotions. Laptops, TVs featuring new technology, and athleisure apparel were among the top-performing categories. Holiday retail sales in the United States in 2024 outpaced forecasts, with consumers flocking […]
Pound Sterling Trades Subdued As Markets Asses More Dovish Boe Policy Outlook
The Pound Sterling (GBP) registers minor losses against its major peers on Friday, with investors looking for fresh cues about how the Bank of England (BoE) will follow the interest rate cut path in 2025. The latest BoE policy announcement in mid-December indicated a dovish buildup as the nine Monetary Policy Committee (MPC) voted 6-3 to keep interest rates […]
2024 In Review
2024 was an unbelievable year for the S&P 500 up 28% YTD. The index constituents’ average and median returns are 15.7% and 11.8%, respectively. Altogether, this year’s index returns dwarf the long-term average S&P 500 return of 7.9% since 1928.The Finviz heatmap pictured below shows the 2024 returns of the stocks in the index. Breaking […]
