Author Archive: Jeremy Parkinson
XRP Price 25% Rally: Breaking Barriers And Surpassing Odds
XRP price rallied above the $1.15 and $1.20 resistance levels. The price is up over 25% and might rise further above the $1.420 resistance. XRP price started a fresh surge above the $1.20 resistance level. The price is now trading above $1.250 and the 100-hourly Simple Moving Average. There was a break above a key […]
Current Report: Vital KSK Holdings
Image Source: Unsplash Vital KSK Holdings (VKSKF) is engaged in the wholesaling and retailing of pharmaceutical products. It operates through the Pharmaceutical Wholesale and Other segments.The Pharmaceutical Wholesale segment sells medicines, diagnostics, and medical devices to hospitals, medical institutions, and health practitioners.The Other segment includes the retailing of pharmaceutical products, wholesaling of agrochemical and veterinary drugs, […]
Gold Trading Strategy Today – Friday, Nov. 22
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: 00:03:24More By This Author:Gold Trading Strategy Today – Thursday, […]
EUR/GBP Gathers Strength Above 0.8300 After Downbeat UK Retail Sales Data
The EUR/GBP cross gains momentum to near 0.8330 during the early European session on Friday. The Pound Sterling (GBP) weakens after the release of UK Retail Sales data for October. Later on Friday, traders await the preliminary Eurozone HCOB Purchasing Managers Index (PMI) and the European Central Bank’s (ECB) President Lagarde speech for fresh impetus. Data released by the Office for National Statistics […]
More And More Fiat Money To Chase Away Increasingly Expensive Assets
$6.47 trillion stashed under the mattress: the mountain of cash in money market funds is at an all-time high.This absolute record reflects investors’ state of alert, while revealing a latent force ready to shake up the markets. Is this avalanche of liquidity a sign of enduring mistrust, or the prelude to a massive redeployment?This notable increase […]
US Dollar Surges To Two-Year High As Eurozone PMIs Disappoint
The US Dollar Index (DXY) rallied to a fresh two-year high after Eurozone PMI data suggested the region’s economy is contracting. The US Dollar is also supported by safe-haven flows amid escalating geopolitical risks in the Russia-Ukraine war. The US Dollar Index pops above 108.00 and eases slightly afterward. The US Dollar (USD) jumps on […]
Gap Stock Soars 15% On Strong Holiday Sales, Raised Forecast
Gap Inc. (GAP) is experiencing a resurgence, fueled by robust holiday demand and a successful turnaround strategy.The company raised its annual sales forecast on Thursday, sending shares soaring 15% in extended trading.This positive momentum marks the fourth consecutive quarter of sales growth for the Old Navy parent company, exceeding profit expectations and solidifying CEO Richard […]
S&P/ASX 200 Index Elliott Wave Technical Analysis
S&P/ASX 200 Elliott Wave Analysis Trading Lounge Day ChartS&P/ASX 200 Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Gray Wave 3 Position: Orange Wave 3 Direction (Next Higher Degrees): Gray Wave 3 (started) Details: Gray wave 2 appears completed, and gray wave 3 is now in progress. Wave Cancel Invalidation Level: 8,066.9 Market Analysis OverviewThis analysis evaluates the S&P/ASX 200 index […]
Are Active/Semi-Active ETFs A Global Phenomenon?
A lot has been said and written about the growth of active and semi-active ETFs in the U.S. Even in Europe, where active/semi-active ETFs are still at the beginning, one sees news and media coverage around the emerging segment of active/semi-active ETFs every day. Conversely, there is literally no media coverage on the development of […]
AI Is Steaming To Nvidia’s Benefit
Wall Street’s poster child for AI is Nvidia. With an overwhelming market share in AI chip design, Nvidia is up over 200% year to date and a whopping 2680% over the last five years. Driving the price surge are incredible earnings, revenue growth, massive profit margins, and promising outlooks. Since 2020, Nvidia’s sales have increased […]
