Author Archive: Jeremy Parkinson
Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar – Wednesday, Dec. 4
Australian Dollar/U.S. Dollar (AUDUSD) Day ChartAUDUSD Elliott Wave Technical Analysis FUNCTION: Bearish Trend MODE: Impulsive STRUCTURE: Orange Wave 3 POSITION: Navy Blue Wave 3 DIRECTION NEXT LOWER DEGREES: Orange Wave 3 (started) DETAILS: Orange Wave 2 appears to be completed; orange wave 3 is now active. Wave Cancel Invalidation Level: 0.65280 The AUD/USD daily chart reflects an […]
Metal Markets Report For Tuesday, Dec 3
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:44More By This Author:Financial Markets Report For Tuesday, Dec 3Metal Markets Report For Monday, Dec 2SPDR ETF Report For Monday, Dec 2
Meta Becomes Latest Tech Giant To Embrace Nuclear Power With Open Arms
Image Source: PixabayWe wrote back in early November that Mark Zuckerberg reportedly told META workers that plans to build an AI data center powered by nuclear energy were scrapped after rare bees were discovered on the proposed site.Now it looks like things could be back on track, according to new reporting from Axios, who writes that Meta is joining industry heavyweights […]
Australia: GDP Growth Firms Up In The Third Quarter
Image Source: Pexels Not that big a surprise after recent trade numbers 3Q24 GDP for Australia missed on the downside, coming in at 0.3% QoQ, well below the 0.5% figure that had been forecast. However, that consensus figure looked in doubt after yesterday’s net export contribution figures were published. These showed a smaller contribution to GDP […]
Current Report: MFA Financial
Image Source: PixabayMFA Financial Inc (MFA) is a specialty finance company that invests in and finances residential mortgage assets.Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals.The company selectively invests in residential mortgage assets with a focus on credit analysis, […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Wednesday, Dec 4
Image Source: DepositPhotosToday 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: 00:02:41More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
Elliott Wave Technical Analysis: Vechain Crypto Price News For Wednesday, December 4
Image Source: UnsplashElliott Wave Analysis TradingLounge Daily ChartVechain/ U.S. dollar(VETUSD)VETUSD Elliott Wave Technical AnalysisFunction: Follow trendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: wave (I) of ImpulseWave Cancel invalid Level:Details: wave 2 is likely to end and price is rising again in wave 3.Vechain/ U.S. dollar(VETUSD)Trading Strategy: VeChain remains in an uptrend with an impulsive rally. We […]
JOLTS Posts Bigger Numbers; CRM, OKTA Beat In Q3
Image Source: UnsplashIt’s deja vu all over again, to quote the great Yogi Berra. The S&P 500 and the Nasdaq have once again notched new closing highs this afternoon, and for the third session in a row. That said, the S&P rally does look a bit long in the tooth, as the new record high is […]
This Bull Trap Could Be Our Biggest Win For This Week
Image Source: PixabayMarkets are range-bound and running into resistance above today’s range…Ranges act like magnets, so until we see more conviction going higher, I’ll be looking for these (2) Bull Traps going back into the range below us!I love the idea of a breakout pullback tomorrow morning…But all this resistance overhead tells me one of these […]
TRON jumps 85% to new record high, market cap tops $36 billion
Key Takeaways TRON’s TRX token soared to an all-time high of $0.43 with a 85% single-day increase. TRX’s market value surged from $19 billion to $36.7 billion in 24 hours. Share this article Tron’s TRX token staged a sunshine comeback, exploding 85% within a day, shattering its previous high of $0.23, and soaring to a […]
