Canadian Dollar Well-Positioned For The Jobs Report, But Watch The NFP As Well
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
Canada’s first jobs report after the USMCA is expected to be moderate. The BOC will likely remain on track for a hike early in 2019. The Canadian Dollar has room to rise, but other factors are in play as well. Canada publishes its employment report for October on Friday, November 2nd, at 13:30 GMT. This […]
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Elliott Wave Analysis: GBP/USD And EUR/USD Intra-Day View
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
GBP/USD and EUR/USD both came down recently into fifth waves of decline, so reversal may not be far away, or at least temporary support. We think that cable can rally up in three waves, for a deeper recovery into wave four, back to 12850 even, if 1.2790 is broken. GBP/USD, 1h EUR/USD also suggests a […]
To Swing Or Not To Swing: Scalping Vs. Swing Trading
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
The world of investing is broken down into many parts and as a new investor it can be challenging to get started. There are many paths including different markets, strategies and investment styles. In this case, we’re talking about two specific styles of trading the Forex market — scalping and swing trading. Scalping Scalping is […]
USD/CAD Daily Analysis – Wednesday, Oct. 31
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
USD/CAD remains in the uptrend from 1.2782. Further rise is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.3065, a breakdown below this level could bring the price back towards the bullish trend line on the 4-hour chart.
Will National Retail’s 18% Upside Repeat For 2019?
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
That real estate sector includes includes nine industries all related to real property ownership. The industries are: general real estate; Real estate services; and seven varieties of real estate investment trusts: diversified, healthcare facilities, hotel & motel, industrial, office, residential, and retail. Today I’m reviewing a mid-cap real estate investment trust – retail, named National […]
US Elections May Trigger Major Market Bottom – Part II
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
The clock is ticking on our expected bottom formation and now is the time for skilled traders to begin to position their trades for the remainder of 2018 and early 2019. We detailed why we believe the US equities markets have already, or are currently, hammering out a price bottom after the last few weeks […]
AUD/USD Weekly Analysis – Wednesday, Oct. 31
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
AUD/USD remains in the short term uptrend from 0.7020. Further rally is still possible in a couple of days and next target would be at 0.7150 area. Support is at 0.7020, only a breakdown below this level could trigger another fall towards 0.6900.
Sensex Trades In Green; IT Stocks Lead Gains
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
After opening the day in green, share markets in India have traded on a volatile note and are presently trading below the dotted line. Sectoral indices are trading mixed with stocks in the pharma sector and stocks in the IT sector trading in green. While stocks in the metal sector are trading in red. The BSE Sensex is up by 115 points (up 0.3%) and […]
Examining The Opportunity In China
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
China has made significant progress along the path of liberalizing its economy and financial markets, but impediments still remain that don’t allow the free flow of capital into or out of mainland China. As a result, Chinese companies have been forced to navigate a variety of trade-offs in determining where they should legally incorporate and […]
The Truth About Trump’s Economy
Oct 31, 2018
Jeremy Parkinson
Finance, No picture
Video Length: 00:02:32 I keep hearing that although Trump may be a scoundrel or worse, he’s done a great job for the economy. Baloney. Yes, the stock market is great, but 84 percent of it is owned by the richest 10 percent of Americans. The economy is growing, but very little of that growth is […]