Category Archive: Finance, No picture
XAUUSD Analysis Today & Week Ahead Forecast – Saturday, November 4
Photo by Jingming Pan on UnsplashThe idea is to remain the trade that is open since the last week.The price has found a support at 1980.00 level and as it looks the 2016.00 is the next target.The price returned down to 1980.00 for a validation of a breakout which is a great signal.For now I […]
ETFs In Focus As Coinbase Q3 Loss Narrows, Trading Volume Dips
The second-largest cryptocurrency platform, Coinbase Global (COIN) reported solid third-quarter earnings on Nov 2 after the closing bell. It topped estimates on both earnings and revenues but trading volumes fell. Shares of COIN, however, dropped as much as 5.5% in after-market hours on waning trading volumes.Given this, ETFs having the largest exposure to this U.S. […]
A Fed-induced “Neutral” Interest Rate Is A Contradiction In Terms
Photo by Etienne Martin on UnsplashThe New York Federal Reserve said on Tuesday, September 5, 2023, that the estimate for the neutral rate for Q2 has eased to 0.57 percent from 0.68 percent in Q1. Analysts typically translate that rate into a real-world setting by adding the neutral rate to the Fed’s 2 percent inflation […]
GBPUSD Analysis Today & GBPUSD Week Ahead Forecast – Saturday, November 4
The price finally found strength to move above 1.22000 and also 1.23000 price level.This is a breakout to the upside and I am expecting the price to move even more up. But first I would like to see price making a validation of a breakout by returning down to 1.23000 and finding a support.The next […]
BTCUSD Crypto Weekly Technical Analysis – Saturday
Photo by André François McKenzie on UnsplashBitcoin is currently on the verge to continue moving even higher to 38000.00. The current price 34500.00 is a very important level for bulls.The breakout to the upside has happened and confirmed so everything is pointing to see BTC higher than it is now.Video Length: 00:05:25Important support s 34000.00 […]
ETHUSD Crypto Weekly Technical Analysis Today 04.11.2023 #ethusd #ethereum
Photo by DrawKit Illustrations on UnsplashEthereum is on the resistance level at 1820.00 which needs to be broken in order to move to 1920.00 which is the next target for the bulls. It is also a great supply zone that will prevent price from moving higher. We can expect a retrace from 1920.00 to 1840.00.Video […]
ETHUSD Crypto Weekly Technical Analysis – Saturday, November 4
Photo by DrawKit Illustrations on UnsplashEthereum is on the resistance level at 1820.00 which needs to be broken in order to move to 1920.00 which is the next target for the bulls. It is also a great supply zone that will prevent price from moving higher. We can expect a retrace from 1920.00 to 1840.00.Video […]
This Tech Stock Has It All: Growth, Value & Income
Image Source: UnsplashInvestors who want a solid total-return stock in the tech sector should consider Cisco Systems (CSCO). Earnings should be up in 2023 and 2024, the stock trades at just 13 times fiscal 2024 earnings estimates, and the current dividend yield is 3%.Cisco Systems designs, manufactures, and sells Internet Protocol based networking equipment to the […]
The Gold Trail: A Daily Journey Through The Week’s Market
Image Source: UnsplashMonday – 10.30.23: Gold and silver prices have strengthened in early U.S. trading Monday, buoyed by safe-haven demands due to the ongoing Israel-Hamas conflict and potential for a broader Middle East war. The week’s focus will also be on central bank meetings, including the Federal Reserve, with expectations of a pause in the interest-rate-increase cycle, and the […]
