EUR/USD Price Analysis: Immediate Resistance Appears At Nine-Day EMA Above 1.0400
Dec 31, 2024
Jeremy Parkinson
Finance
EUR/USD may depreciate further as the short-term price momentum is weaker. The initial support appears at its two-year low of 1.0332, recorded on November 22. The nine-day EMA acts as immediate resistance at the 1.0417 level. EUR/USD recovers its recent losses from the previous session, trading around 1.0410 during the European hours on Tuesday. A […]
Sensex Today Trades Lower; Nifty Below 23,600
Dec 31, 2024
Jeremy Parkinson
Finance
Asian shares struggled for direction on the last trading day of 2024, on course for their first quarterly loss this year after a weak showing on Wall Street.US stocks dropped on Monday on a sell-off in Big Tech companies and on elevated Treasury yields.Here’s a table showing how US stocks performed on Monday: Stock/Index LTP […]
BTC/USD Forex Signal: Bitcoin Sits At Key Support Level
Dec 31, 2024
Jeremy Parkinson
Finance
Bearish View Sell the BTC/USD pair and set a take-profit at 85,000. Add a stop-loss at 96,000. Timeline: 1-2 days. Bullish View Buy the BTC/USD pair and set a take-profit at 100,000. Add a stop-loss at 85,000. Bitcoin price remained under pressure, forming a head and shoulders pattern, even after major purchases by companies like […]
Best US Dollar Performance Since 2015
Dec 31, 2024
Jeremy Parkinson
Finance
Image Source: Pexels The US Dollar will look to close out 2024 by over 6.5% to put in its best performance since 2015. Monetary policy divergence between the Fed and other major central banks has been a clear theme this year and will continue to be as we get set to get going in 2025.Video Length: […]
Will The US Economy And The Stock Market Continue Their Growth Into 2025?
Dec 31, 2024
Jeremy Parkinson
Finance
Image Source: Pexels The US economy grew 3% in 2024 but may slow to 2% in 2025 due to inflation and policy shifts. New tariffs, tax cuts, and stricter immigration could disrupt trade and raise costs. Stocks are strong but risky, while bonds regain appeal for conservative investors. The US economy is heading into 2025 […]
USD/CHF Softens Below 0.9050 Amid Muted Trading
Dec 31, 2024
Jeremy Parkinson
Finance
Photo by Claudio Schwarz on Unsplash USD/CHF declines to around 0.9030 in Tuesday’s early European session. The likelihood that the Fed will make fewer rate cuts next year might support the USD. Escalating geopolitical tension in the Middle East could boost the safe-haven flows, benefiting the CHF. The USD/CHF pair softens to near 0.9030, snapping the two-day winning […]
I Hereby Resolve… Gold And Silver In 2025
Dec 31, 2024
Jeremy Parkinson
Finance
Photo by Dmitry Demidko on UnsplashAs we launch into 2025, perhaps you should resolve to get some gold and silver!If you had made that resolution last year, you’d probably be pretty pleased with yourself – assuming you followed through and kept your self-pronounced commitment.If you bought gold on January 1, 2024, you paid around $2,074 per ounce. At today’s […]
Don’t Overlook These Top Dividend Stocks Going Into 2025
Dec 31, 2024
Jeremy Parkinson
Finance
Image Source: PixabayAt the moment, several stocks with enticing dividends are standing out among the Zacks Rank #1 (Strong Buy) list.With representation from various sectors, these highly ranked stocks look poised for more upside going into 2025 which magnifies their generous dividend yields. Euroseas – ESEA Starting in the transportation sector, Euroseas (ESEA – Free Report) is making the […]
The Shifting Politics Of Nationwide EV Charging
Dec 31, 2024
Jeremy Parkinson
Finance
Image Source: PexelsThe state of EV charging across the nation is likely to take a drastic shift with the incoming Trump administration taking over. The only question is shift in which direction? After all, the Biden administration was well known for getting precisely nothing done on the charging front, led by Secretary of Transportation Mayor Pete. And so, […]
Crypto’s Identity Crisis: Fed’s Daly Says It’s No Gold, Needs Its Own Definition
Dec 31, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay San Francisco Fed President Mary Daly argues that crypto is distinct from gold. Daly stresses the need to define crypto’s purpose as a currency, exchange, or store of value. Daly and Fed Chair Powell have differing opinions on comparing bitcoin to gold. The debate surrounding the true nature of cryptocurrency continues to evolve, […]