Author Archive: Jeremy Parkinson
Forex Today: Bitcoin Breaks $105,000 For First Time
Image Source: Unsplash The cryptocurrency sector will be back in focus today as Bitcoin makes a bullish breakout to a new record high above $105,000. Bitcoin is making a bullish breakout to a new all-time high above the round number at $105,000. Trend and momentum traders will be eager to be long of Bitcoin now. If buying […]
Sensex Today Trades Lower; Nifty Below 24,800
Asian stock markets were in a wary mood on Monday as surging bond yields challenged equity valuations, particularly for the richly priced tech sector, in a week packed with central bank meetings and major economic data.The US stock market ended mixed on Friday, with the S&P 500 and Dow posting weekly declines, while the Nasdaq […]
NZD/USD Holds Gains Above 0.5750 Following Mixed Data From China
Image Source: Unsplash NZD/USD remains stronger following the release of domestic and Chinese data. China’s Industrial Production rose by 5.4% YoY in November, exceeding market expectations of a 5.3% increase. The US Dollar remains subdued as Treasury yields hold thin losses. NZD/USD breaks its four-day losing streak, trading around 0.5780 during the European hours on Monday. […]
When Market Expectations Are Fully Priced In
Image Source: Pixabay Earlier today, China retail sales and home prices producer discouraging readings, though interestingly enough, global markets have seen little fallout on the data. This seems to be a bit of a theme right now.Video Length: 00:01:10More By This Author:Monetary Policy Divergence Front And Center – Friday, Dec. 13ECB Decision Preview – Thursday, Dec. […]
Bitcoin Surges To $106K, Up 50% Since US Election: Will The Rally Last?
Image Source: Pexels Bitcoin hits a record high of $106,533, gaining 50% since the US election. Global crypto market value exceeds $3.8 trillion amid growing adoption. Countries like Russia, China, and El Salvador diversify reserves with bitcoin. Bitcoin’s meteoric rise has captured global attention as it surged past $106,000, marking an unprecedented 50% gain since […]
FX Daily: Euro Area PMIs To Set The Tone
Image Source: Unsplash The calendar is packed for this last full trading week of the year. Central bank rate meetings in the US and Japan take centre stage, but we’ll also see rate meetings in the UK, Sweden, Norway, the Czech Republic, and Hungary. Starting the week will be the December flash PMIs in Europe – the […]
Elliott Wave Technical Analysis – UniSwap Crypto Price News Today
Elliott Wave Analysis TradingLoungeUniSwap / U.S. dollar(UNIUSD)UNIUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: FlatPosition: Wave CDirection Next higher Degrees: wave C of (4)Wave Cancel invalid Level:Details: The corrective of Wave (4) before Increase again in Wave (5)UniSwap / U.S. dollar(UNIUSD)Trading Strategy:the decline in wave (4) before another rise in wave (5) so the price is still in […]
Speculator Extremes: Lean Hogs & Nasdaq Lead Weekly Bullish Positions Here Are This Week’s Most Bullish Speculator Positions: This Week’s Most Bearish Speculator Positions:
The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on December 10th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.To signify an extreme position, […]
Market Briefing For Monday, Dec. 16th
High profile stock action is where we find ourselves.Big short-float percentage; few shares available to short; well typically equals what is called a ‘squeeze’. The bears, or loud pundits, who never bought the stock, will try to scare investors into selling, often after that crowd shorted. Of course if it doesn’t work, the shares go higher […]
Current Report: Kimberly-Clark De Mexico (KCDMY)
Kimberly Clark de Mexico SAB de CV (KCDMY) manufactures and sells a wide selection of paper-based products: napkins, kitchen towels, disposable diapers, feminine-care pads, bathroom tissue, facial tissue, and hand towels, among others.The company’s business lines comprise: babies and infants, household, feminine-care, personal care, and healthcare products. Its brand portfolio includes Kleenex, Sanitas, Kimlark, Petalo, […]
