Category Archive: Finance
Gold Prices Hit Fresh Record Highs: What’s Fuelling The Surge?
Gold prices held steady on Friday, maintaining their record high achieved during the previous session’s surge. This surge was fueled by uncertainty surrounding potential US tariffs, which has prompted investors to seek the safe haven of gold. Market participants are now eagerly awaiting the release of a crucial US inflation report, which could provide further clues about […]
Crypto Market Fear And Greed Index
Beware the tidal wave of collective panic that threatens to engulf your portfolio when the crypto market fear and greed index turns abruptly into a sea of dread. One moment, you may be riding a rising tide of bullish sentiment, watching profits multiply; the next, a powerful undercurrent drags everything below the surface amid frantic […]
Elliott Wave Technical Analysis: New Zealand Dollar/U.S. Dollar – Friday, Jan. 31
New Zealand Dollar / U.S. Dollar (NZDUSD) – Day ChartNZDUSD Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Navy Blue Wave 1 Position: Gray Wave 1 Direction Next Higher Degrees: Navy Blue Wave 1 (Started) Details: Navy Blue Wave 1 of Gray Wave 1 signals a new trend in play. Wave cancellation invalid level: 0.55406 NZDUSD Elliott Wave Analysis OverviewThe NZDUSD Elliott Wave Analysis on the daily chart provides […]
EUR/USD Outlook: Euro Suffers Under A Dovish ECB
The EUR/USD outlook suggests a bleak future for the euro amid a rate cut and dovish European Central Bank’s policy path. On the other hand, the dollar rebounded after Trump emphasized his plans to impose tariffs on Canada and Mexico.On Thursday, the European Central Bank lowered borrowing costs by 25-bps as expected. Moreover, policymakers maintained […]
BTC/USD Forecast: Can Bitcoin Break Out?
Bitcoin has rallied a bit during the trading session on Thursday as we continue to see upward momentum, but we also at the same time continue to see a little bit of hesitation as we get closer toward the $108,000 level. In other words, I think you have a situation where the market just isn’t […]
Elliott Wave Technical Analysis: S&P/TSX 60 Index – Friday, Jan. 31
S&P/TSX 60 Elliott Wave Analysis – Day ChartS&P/TSX 60 Elliott Wave Technical AnalysisTechnical Overview Function: Trend Mode: Impulsive Structure: Orange Wave 5 Position: Navy Blue Wave 3 Direction Next Lower Degrees: Navy Blue Wave 4 Details: Orange Wave 4 appears completed. Orange Wave 5 is currently developing. Wave cancellation invalid level: 1,463.86 S&P/TSX 60 Elliott Wave Analysis OverviewThe S&P/TSX 60 Elliott Wave Analysis on the daily chart presents […]
Metal Markets Report For Thursday, Jan 30
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:08:57More By This Author:Financial Markets Report For Thursday, Jan 30Metal Markets Report For Monday, Jan 27SPDR ETF Report For Monday, Jan 27
Gold Hits Record High As Demand For Safe-Haven Assets Surges
Image Source: PixabayGold soared towards 2,800 USD per ounce on Friday, setting a new all-time high. The surge comes as investors seek refuge in safe-haven assets amid renewed trade war threats from US President Donald Trump. His latest statements have heightened concerns over economic slowdowns and potential disruptions to global trade. Key drivers of Gold’s record […]
Rates Spark: Growth Disappointments On ECB Day
Image Source: PexelsThe ECB cut the policy rate to 2.75% as expected, thereby approaching the estimated neutral range of 1.75% to 2.5%. Weak growth numbers helped feed the dovish sentiment and we think the front end of the euro curve can therefore still move lower. In the US we also maintain a bullish bias and will […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Friday, Jan 31
Image Source: UnsplashToday 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: 00:03:12More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
