Author Archive: Jeremy Parkinson
Trade To Watch: Will EUR/USD Hit Parity In 2025?
Image Source: Pixabay EUR/USD has fallen sharply from the 1.12 level it was trading it just a few months ago. But a lot can change in the markets over a quarter and EUR/USD struggles below 1.0450.With Trump heading to the White House and a widening gap between the US and eurozone economies, the EUR/USD remains weak, […]
Oil And Gas Prices Are Rising On The Back Of Another Decline In Inventories
Image Source: Unsplash As of Friday, the Dow Jones (US30) decreased by 0.77% (for the week +1.65%). The S&P500 Index (US500) was down 1.11% (for the week +2.21%). The Nasdaq Technology Index (US100) fell by 1.36% (for the week +2.55%). The major Wall Street indices fell sharply in afternoon trading, led by a technological stock sell-off. […]
Current Report: Daicel Corp.
Image Source: Unsplash Daicel Corp (DACHF) manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four primary segments based on product type.The plastics segment, which generates more revenue than any other segment, sells plastic resins used in automobile and household products as well as food packaging products.The cellulosic derivatives segment […]
Long-Term Rates Are Breaking Out Ahead Of 2025, As Equity Financing Cost Plunge
This week is expected to be relatively quiet. The most notable data release will be the ISM Manufacturing Report on Friday, January 3. Early in the week, we’ll get some housing data, while continuing jobless claims on January 2 will likely draw attention. Last week’s claims spiked to 1.91 million, though these figures are often revised downward. […]
Should You Wait For Full Social Security Benefits Or Take It Early?
The question of the day is when to take Social Security.Question of the DayEddie asks: “Mish, have you ever computed your break-even on SS? I feel a strange compulsion to do the math, and wondered how many people have done this.“I waited for full benefits without doing the math. Yet, I generally advise doing the […]
AUD/USD Forex Signal: Downtrend Momentum To Continue
Bearish View Sell the AUD/USD pair and set a take-profit at 0.6150. Add a stop-loss at 0.6325. Timeline: 1-2 days. Bullish View Buy the AUD/USD pair and set a take-profit at 0.6325. Add a stop-loss at 0.6150. The Australian dollar has continued its downward trend as it fell for five consecutive weeks, reaching its lowest […]
USD/CHF Holds Below 0.9050 Amid Year-End Holiday Season
The USD/CHF pair trades with mild losses around 0.9020 amid the cautious mood during the early European trading hours on Monday. The trading volumes will be light in another holiday-shortened week as traders await the New Year holiday. On Friday, the US ISM Manufacturing Manufacturing Purchasing Managers Index (PMI) for December will be in the spotlight. […]
Pound Sterling Ticks Lower In Quiet Trading Session On Marginal Rise In BoE Dovish Bets
The Pound Sterling (GBP) edges lower against its major peers in Monday’s London session. The British currency ticks lower, partly due to a mild increase in the Bank of England’s (BoE) dovish bets for 2025. Traders price in a 53-basis points (bps) interest rate reduction for the next year, up from the 46 bps estimated after the policy […]
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
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 […]
