Category Archive: Finance, No picture
Elliott Wave Technical Analysis 4 Hour Chart: Euro/U.S. Dollar – Wednesday, Dec. 6
Image Source: Unsplash EURUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 6 December 2023Euro/U.S. Dollar(EURUSD) 4 Hour ChartEURUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: impulsive as A Structure: blue wave 2 of APosition: Y of wave 2/BDirection Next lower Degrees: blue wave 3 of A Details: After blue wave 1 now blue wave 2 as […]
These Companies Helped The German DAX Index Hit Its All-time High
Image Source: Unsplash The German DAX index has surged to a record high. There are signs that the ECB and Federal Reserve will start cutting rates. Companies like Adidas, SAP, Rheinmetall, and Heidelbergcement have been the top gainers. The DAX 40 index surged to its all-time high on Tuesday, continuing the remarkable rally that started on October 23rd. […]
Oil Should See At Least 3 Waves Rally Soon
Image Source: UnsplashCycle from 9.28.2023 high in Oil (CL) is in progress as a 5 waves impulse Elliott Wave structure. Down from 9.28.2023 high, wave 1 ended at 81.50 and rally in wave 2 ended at 90.78. Oil then extended lower in wave 3 towards 72.16. Wave 4 at 79.55 as the 1 hour chart below shows. […]
These 2 Bear Traps Could Earn Massive Profits
Image Source: UnsplashLots of clues on the charts tonight…Markets are bullish, but did you see buyers struggle to push higher today?Situations like these tell us to look for ONE type of setup tomorrow morning, and it could be a HUGE PAYDAY!Emini and Nasdaq had PLENTY of chances to run higher today, but something kept holding it […]
Metals Report For Tuesday, December 5
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:11:20More By This Author:SPDR ETF Report For Monday, Dec. 4SPDR ETF Report For Friday, December 1Financial Markets Report For Friday, December 1
AUD/USD Attracts Some Buyers Above 0.6570 Following The Australian GDP Data
Image Source: Unsplash AUD/USD gains ground near 0.6575 following the Australian GDP data. Australia’s Gross Domestic Product (GDP) showed the slowest growth in two years. US ADP private employment and Unit Labor Costs will be due later on Wednesday. The AUD/USD pair climbs to 0.6575 during the early Asian trading hours on Wednesday. The pair edges […]
Commodities: Bitcoin, Bonds, DXY, Gold, Silver, Iron Ore, Copper, Uranium, Oil, Gas. Elliott Wave
Image Source: UnsplashCommodities Market Trading Report – Technical Analysis Elliott Wave, Trading Levels and Trading Strategies Content: Bitcoin, US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Copper, Uranium, Crude Oil, Natural Gas. Commodities Market Summary: Gold and Silver Wave (b) of ii). TLT Bonds Wave 1. 10 yr. Yields […]
Stocks Finish Flat, But The Smell Of Fear Was In The Air
Image Source: UnsplashStocks finished the day flat, with the S&P 500 falling just six bps. Most of the weaknesses today came in the equal-weighted S&P 500, with the RSP ETF falling by almost 85 bps. Meanwhile, we saw the dollar index rise by around 30 basis points, while the 10-year rate fell by seven bps to […]
This Indicator Shows If Gold Is In Secular Bull
An update on Gold vs. the conventional 60/40 portfolio. Gold needs to outperform and trend higher against this portfolio to be in a secular bull market. It is very close to doing so.Video Length: 00:05:16More By This Author:Gold Breakout & Road To $2300 & $2500 Gold New Daily, Weekly, Monthly All-Time High Buy Gold Breakout, […]
AUD/JPY Price Analysis: Plunges After RBA’s Dovish Hold, Technicals Hint Downside Risks Remain
Image Source: Unsplash AUD/JPY dipped below key support levels, like the Kijun-Sen, and Senkou Span. The Chikou Span crossing below the price action, and narrowing distance between Tenkan and Kijun-Sen, signals bears are gaining traction. If AUD/JPY buyers reclaim 97.00, a rally to 98.00 is on the cards. The AUD/JPY began Wednesday’s Asian session with a […]
