Author Archive: Jeremy Parkinson

Nike Reacting Perfectly From Elliott Wave Hedging Area

Nike Reacting Perfectly From Elliott Wave Hedging Area

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Nike ticker symbol: $NKE. We presented to members at the elliottwave-forecast. In which, the decline from 01 October 2024 unfolded as an impulse structure. And showed a lower low favored more downside extension to take place. Therefore, we advised members […]
Google’s New Quantum Chip Is Out Of This World

Google’s New Quantum Chip Is Out Of This World

AI machine learning receives most of the publicity concerning today’s technological advancements, but the potential in quantum computing is just as exciting, if not more so. There’s a fundamental difference between quantum computing and AI. Artificial intelligence utilizes classical binary computing, where information is processed in bits, which can either be in an on or […]
GBP/USD Holds Gains Near 1.2600 Due To Thin Trading Ahead Of The New Year Holiday

GBP/USD Holds Gains Near 1.2600 Due To Thin Trading Ahead Of The New Year Holiday

The GBP/USD pair extends its gains for the second consecutive day, trading near 1.2580 during the Asian session on Monday. The upward movement can be attributed to the subdued US Dollar (USD) amid lighter-than-usual trading volumes ahead of the New Year holiday.However, the GBP/USD pair’s potential upside may remain constrained as markets continue to process […]
Forex Today: Santa Rally Falters

Forex Today: Santa Rally Falters

Image Source: Unsplash  Risk appetite continues to be hit as stocks and risky assets continue to be sold as the year-end rally seems to evaporate. The end of year risk rally has evaporated, with stock markets falling since Friday and Bitcoin trading near the December low. Traders had hoped for a “Santa Claus rally” that would […]
Sensex Today Trades Lower; Nifty Below 23,800

Sensex Today Trades Lower; Nifty Below 23,800

Asian shares edged lower on Monday as high Treasury yields challenged lofty Wall Street equity valuations while underpinning the US dollar near multi-month peaks.MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2%.Tech and growth stocks dragged Wall Street’s main indexes lower on Friday, at the end of an upbeat holiday-shortened week that was driven […]
EUR/USD Consolidates In Illiquid Market Amid Year-End Trading

EUR/USD Consolidates In Illiquid Market Amid Year-End Trading

EUR/USD trades in a limited range above 1.0400 as volumes are low with investors enjoying holidays as the end of 2024 approaches. The Euro is poised to end the year with an almost 5.5% loss against the US Dollar due to the ECB’s dovish guidance and the potential trade war with the US. This week, […]
Dow Jones Analysis, Week Ahead And Forecast – Sunday, Dec. 29

Dow Jones Analysis, Week Ahead And Forecast – Sunday, Dec. 29

More By This Author:Gold Trading Strategy Today – Friday, Dec. 27 Gold Trading Strategy Today – Tuesday, Dec. 24 GBPUSD Analysis & GBPUSD Price Prediction Forecast – Sunday, December 22
Market Briefing For Monday, Dec. 30, 2024

Market Briefing For Monday, Dec. 30, 2024

Baked-in-the-cake has been and remains a decent valuation viewpoint as to the high prices of the S&P, which would never have held the high levels if not for the broadening-out we required over the past couple of months. That’s not changed as high valuation for the ‘last generation’ of big-caps continues.An upward surge to start Friday was […]
What You Need To Know About Option Flow

What You Need To Know About Option Flow

Image Source: Pexels Uncover the flow of volume in resistance zones and learn how to navigate market structures for smarter trades.Video Length: 00:03:58More By This Author:Maximizing Gains In Volatile Markets How Volatility Impacts Butterfly Trades Navigating Market Sentiment With LVN Breaches
Bitcoin Price Analysis & Bitcoin BTC Forecast – Sunday, Dec 29

Bitcoin Price Analysis & Bitcoin BTC Forecast – Sunday, Dec 29

More By This Author:Gold Trading Strategy Today – Friday, Dec. 27 Gold Trading Strategy Today – Tuesday, Dec. 24 GBPUSD Analysis & GBPUSD Price Prediction Forecast – Sunday, December 22