XAG/USD Moves Below $31.50 Despite A Persistent Bullish Bias
Jan 31, 2025
Jeremy Parkinson
Finance
Image Source: Pixabay Silver price could regain its ground as the daily chart analysis suggests a persistent bullish bias. The pair may appreciate toward its primary resistance around its two-month high of $32.28. The immediate support appears at a nine-day EMA of $30.82, followed by the ascending channel’s lower boundary. Silver price (XAG/USD) halts its three-day winning […]
Microsoft & Meta Earnings: Are DeepSeek Assumptions Premature?
Jan 31, 2025
Jeremy Parkinson
Finance
Image Source: PixabayDeepSeek news earlier in the week spooked many investors in the AI trade, with many related stocks taking nosedives as a result.DeepSeek is a Chinese artificial intelligence startup that develops open-source large language models (LLM). It recently introduced its R1 model, which rivals leading AI systems like OpenAI’s ChatGPT but was developed at a […]
Elliott Wave View On Gold Impulsive Structure To Resume
Jan 31, 2025
Jeremy Parkinson
Finance
Image Source: PixabayShort Term Elliott Wave View in Gold (XAUUSD) suggests that rally from 1.14.2025 low is in progress as an impulse. Up from 1.14.2025 low, wave (i) ended at 2724.74 and wave (ii) ended at 2689.28. Wave (iii) higher ended at 2763.39 and wave (iv) ended at 2735.67. Final leg wave (v) ended at 2785.87 […]
Elliott Wave Technical Analysis: Ethereum Crypto Price News For Friday, Jan 31
Jan 31, 2025
Jeremy Parkinson
Finance
Image Source: PixabayElliott Wave Analysis TradingLounge Daily ChartEthereum/ U.S. dollar(ETHUSD)ETHUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Zigzagposition: Wave CDirection Next higher Degrees: wave IIWave Cancel invalid level: Ethereum/ U.S. dollar(ETHUSD)Trading Strategy: ETH/USD is in a correction phase of Wave (2). If the price holds above the key support level, there is a high chance of entering Wave […]
Readying To Squeeze Some More
Jan 30, 2025
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashS&P 500 presented the bull trap I talked about Wednesday premarket, and FOMC brought another curveball. Powell is truly setting us up for a replay of spring 2019 – satisfaction with inflation-fighting progress had been dropped, job market stance also changed, yet hawkish perceptions were talked down during the conference.S&P 500 though didn‘t reach the 6,035 support […]
Markets Modestly In The Green Ahead Of Earnings For AAPL, INTC, V & More
Jan 30, 2025
Jeremy Parkinson
Finance
Image Source: PexelsMarket indexes were looking like they might fall into the red this afternoon, a half hour before the closing bell, based on news from the White House that +25% tariffs were being set on our neighboring countries Canada and Mexico starting February 1st (Saturday), with Canada already signaling retaliation. But a last-minute swing toward […]
Australian Dollar Recovers Loses, Upside Seems Limited Due To Renewed Trump Tariff Threats
Jan 30, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The Australian Dollar recovers its daily losses as the US Dollar edges lower. The Australian Dollar faces challenges amid the increased likelihood of the RBA rate cut in February. Traders await US Personal Consumption Expenditures (PCE) data later on Friday. The Australian Dollar (AUD) attempts to halt its losing streak against the US Dollar […]
Japanese Yen Remains On The Front Foot Against USD After Tokyo CPI
Jan 30, 2025
Jeremy Parkinson
Finance
Image Source: Pixabay The Japanese Yen continues to be underpinned by bets for additional BoJ rate hikes. Geopolitical risk and trade war fears also benefit the JPY’s relative safe-haven status. Trump’s tariff threats cap gains for the JPY and lend some support to the USD/JPY pair. The Japanese Yen (JPY) attracts buyers for the third straight […]
Gold Warning Signal Just Fired
Jan 30, 2025
Jeremy Parkinson
Finance
Image Source: PixabayWhat could it be in 2025/26? During the 2025 calendar year, the USA must refinance approximately $13T of existing debt at rates at least twice as high as is currently set. So … money printing is near! More By This Author:Dow Jones Long Cycle ReviewBitcoin Passes $100,000 Post Trump Win, Our Top Pick
These Tariff Trades Could Make Us A Fortune On Friday
Jan 30, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Big day tomorrow, lets finish strong! Inflation News, Tariff Negotiations, End of Month… we’re expecting a TON of volatility to finish the week…Tariffs are likely the biggest catalyst tomorrow, and these (3) Tariff Trades could be our biggest wins of the week!Remember – volatility can HELP or HURT us, it’s all about the […]