Category Archive: Finance, No picture
GBP/USD Price Forecast: Gained Modestly After Hitting Record High Above 1.3300
Image Source: Unsplash The GBP/USD currency pair hit resistance at 1.3340 on Friday and formed a potential ‘shooting star’ candlestick, signaling the potential of further losses. Key support was seen at the 1.3250 mark. Additional levels include 1.3239, 1.3200, and the July 14 peak at 1.3142. On the upside, the GBP/USD pair would have to reclaim the 1.3300 level to retest the year-to-date high of […]
Week Ahead: Did The Fed’s Rate Cut Signal A Near-Term Low In US Rates?
Image Source: UnsplashThe Federal Reserve kicked off its easing cycle with a 50 bp rate cut on Sept. 18. It is the seventh G10 central bank to cut rates this year. Japan seems to be going in the other direction, albeit slowly. Norway’s central bank says they do not expect a rate cut this year, but they may be more […]
Why I’m Looking At Boston Omaha
Image Source: UnsplashAs I write this, I’m preparing for a trip to Omaha, Nebraska. Today, I’ll tell you why I’m going and what I intend to do while I’m there. But first, a few notes.Let’s talk about the Fed decision. The decision has been made. The details have been publicized. After weeks and months of speculation, […]
Update: Quantum Computing R&D Stocks Portfolio Up 3% This Week
Image Source: Unsplash What Is Quantum Computing? Currently, “classical” computers operate on a binary system that is equipped with chips that use bits to perform computations. These bits are limited, though, and can only show a value of zero or one, so it takes a lot of zeros and ones arranged in specific orders for a […]
Cut After Cut: Why The Bank Of Canada Is On ‘cruise Control’ With Interest Rates.
Cut after cut: Why the Bank of Canada is on ‘cruise control’ with interest rates.Video Length: 00:00:48More By This Author:LAMR: An Outdoor Ad REIT Spinning Off Attractive Income, ReturnsAmid Fed Cut Chatter, Investors Should Stay Focused On The Long Term ADX: A High-Yielding, Diversified CEF Worth Looking Into
SILVER Trading Strategy, Analysis & Forecast – Saturday, September 21
Today you will see SILVER price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAGUSD. What to expect where the price will breakout for the XAGUSD based on the supply and demand zones.Video Length: 00:02:18More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast – […]
Fed Cuts Rates By 50 Basis Points…Now What
The Fed Cut Rates…Now What?As noted last week, the trend of higher lows and the triggering of the MACD “buy signal” all suggested the recent correction phase was over. That was confirmed this past week, as the market broke out to new all-time highs following the 50 basis point cut in the Federal Reserve overnight […]
Bearish Sentiment Meaning: Essential Knowledge For Traders Conclusion
Bearish sentiment refers to a negative outlook on financial markets characterized by the expectation that asset prices will decline. This sentiment is a crucial aspect of market psychology, influencing investor behaviour and market trends. To fully grasp the meaning of bearish sentiment, we must examine its origins, manifestations, and implications for investors and the broader […]
Trump debuts exclusive silver coin—designed by Trump, minted in America
Key Takeaways The Trump commemorative coin is designed by Donald Trump and is not intended for investment purposes. The coin features high-quality silver with a proof finish and comes with a certificate of authenticity. Share this article Former US President Donald Trump has announced the launch of his first officially authorized commemorative silver coin, named […]
Bitcoin Hype Remains Low Even After $63,000 Surge: Green Sign For Rally?
Data shows the social media users have yet to show excessive hype around the latest Bitcoin rally, a sign that could be positive for its sustainability. Bitcoin Sentiment Ratio Has Spiked, But Value Still Not Too HighAccording to data from the analytics firm Santiment, Bitcoin Fear Of Missing Out (FOMO) has remained low through the latest rally. […]
