Category Archive: Finance
Visa Inc. Stocks Elliott Wave Technical Analysis – Friday, November 22
V Elliott Wave Analysis Trading LoungeVisa Inc., (V) Daily ChartV Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {iv} of 5.DIRECTION: Upside in wave {v} in 5.DETAILS: Looking for consolidation in wave {iv} as we stand at the beginning of MinorGroup1 at 310$. Visa Inc., (V) 1H ChartV Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave (a) of […]
AUD/USD Bounces Back To Near 0.6500 As USD Gives Up Majority Of Gains
The AUD/USD pair recovers more than half of its intraday losses and rebounds to near the psychological figure of 0.6500 in Friday’s European session. The Aussie pair bounces back as the US Dollar (USD) surrenders a majority of its intraday gains after refreshing two-year high. The US Dollar Index (DXY), which tracks the Greenback’s value against six major […]
Daily Market Outlook – Friday, Nov. 22
Image Source: Unsplash Russia lowered its threshold for using nuclear weapons and fired a hypersonic ballistic missile at Ukraine, sending gold on its way to its biggest weekly gain in almost eight months and the euro hovering at a 13-month low. In addition to driving investors to safe havens and pushing European gas prices to a […]
USD/JPY Awaits Potential Stimulus Impact
Image Source: Pixabay The USD/JPY pair remains stable at approximately 154.30 amid global economic fluctuations and expectations of potential Japanese stimulus measures.Japan’s latest inflation data for October revealed a decline to 2.3%, marking the lowest level in nine months and potentially easing pressure on the Bank of Japan (BoJ) for immediate rate hikes. However, BoJ Governor […]
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 […]
