Elliott Wave Technical Analysis: Nikkei 225 – Tuesday, Oct. 29
Oct 29, 2024
Jeremy Parkinson
Finance
Nikkei 225 (N225) Elliott Wave Analysis – Trading Lounge Day ChartNikkei 225 (N225) Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Direction Next Higher Degrees: Orange Wave 3 (Started) Details: Orange wave 2 appears completed; orange wave 3 is now in progress. Wave Cancel Invalid Level: 35,109 The daily Elliott Wave analysis for Nikkei […]
How Much Should You Save For Your Emergency Fund
Oct 29, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay Among personal finance experts, there’s a rule of thumb for determining how much people need to have saved to be able to handle an emergency. It’s enough to cover some three-to-six months of your expenses.But is that the right amount to have saved in an emergency fund? Let’s say your emergency comes in the […]
BTC/USD Forex Signal: Bitcoin Rally To Regain Steam
Oct 29, 2024
Jeremy Parkinson
Finance
Bullish View Buy the BTC/USD pair and a take-profit at 73,000. Add a stop-loss at 66,000. Timeline: 1-2 days. Bearish View Set a sell-stop at 69,000 and a take-profit at 67,000. Add a stop-loss at 72,000. Bitcoin price soared and retested the important resistance point at $70,000 for the first time in months as the […]
Pinterest Stock Price Deep Dive: Buy Or Sell Ahead Of Earnings?
Oct 29, 2024
Jeremy Parkinson
Finance
Image Source: Pexels Pinterest share price has dropped sharply from its highest point this year. The company’s growth has slowed in the past few years. Pinterest’s stock will react to the upcoming social media earnings. Pinterest (PINS) stock has remained under intense pressure this year as investors remained concerned about its business trajectory and its […]
Cautious Trade In Neck And Neck Election Race
Oct 29, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay Monday was a quiet session of trade overall and the market is more comfortable today.Video Length: 00:01:05More By This Author:Dollar Loses Steam As Harris Regains Momentum US Dollar Retains US Election Risk Bid How Will The Week Close Out?
Sensex Today Trades Lower; Nifty Below 24,300; Gillette India Rallies 8%
Oct 29, 2024
Jeremy Parkinson
Finance
Asian equities traded in a narrow range as traders prepared for the US election and key economic data that will set the stage for the next Federal Reserve decision.Shares edged higher in Tokyo and Sydney while futures pointed to gains in Hong Kong Wall Street stocks climbed on Monday ahead of Big Tech earnings and […]
US JOLTS Job Openings Expected To Resume Downward Trend In September
Oct 29, 2024
Jeremy Parkinson
Finance
Image source: Pixabay The US JOLTS data will be watched closely by investors ahead of the release of the October employment report on Friday. Job openings are forecast to retreat slightly below 8 million in September. The state of the labor market is a key factor for Fed officials when setting policy. The Job Openings […]
Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar – Tuesday, Oct. 29
Oct 29, 2024
Jeremy Parkinson
Finance
Australian Dollar/U.S. Dollar (AUDUSD) Day ChartAUDUSD Elliott Wave Technical Analysis Function: Bearish Trend Mode: Impulsive Structure: Navy Blue Wave 1 Position: Gray Wave 1 Direction Next Higher Degrees: Navy Blue Wave 2 Details: Navy blue wave 1 of gray wave 1 is still active and nearing completion. Wave Cancel Invalid Level: 0.69501 The daily Elliott Wave analysis of AUDUSD reflects a bearish trend with […]
FX Daily: Watch The Liquidity Factor
Oct 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The proximity to the US election can favor more deleveraging in FX, raising risks that less liquid currencies will face the pressure reserved for Trump-risk proxies. The US macro calendar picks up with September job opening data today. Reversing the August jump is a necessary, but perhaps not a sufficient condition to temper […]
Ethereum Price Follows Bitcoin’s Rally, But Momentum Falls Short
Oct 29, 2024
Jeremy Parkinson
Finance
Ethereum price started a fresh increase above the $2,550 resistance. ETH is following Bitcoin’s rally, but it is lacking the same strength. Ethereum started a decent increase above the $2,600 zone. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,520 […]