Category Archive: Finance, No picture
Gold Hits Record High; Silver Peaks On Fed Rate Cut Speculation
Image Source: Unsplash Gold prices have soared to an all-time high of 2288.00 USD per troy ounce, while silver reached its highest in two years, driven by speculation surrounding the US Federal Reserve’s monetary policy. This surge followed comments from two Fed officials, Mary Daly of the FRB San Francisco and Loretta J. Mester of Cleveland. […]
ASX Stock Analysis & Elliott Wave Technical Forecast: Computershare Limited
Image Source: Unsplash Unlocking ASX Trading Success: COMPUTERSHARE LIMITED. – CPU Stock Analysis & Elliott Wave Technical ForecastASX: COMPUTERSHARE LIMITED. – CPU Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COMPUTERSHARE LIMITED. – CPU. We have identified that CPU will continue to push higher, as the […]
This Demand Zone In S&P 500 Needs To Hold
Image Source: Unsplash Watch the video extracted from the WLGC session before the market open on 2 Apr 2024 below to find out the following: The demand zone that the S&P 500 needs to hold to avoid a meaningful pullback How the current supply and demand could affect the S&P 500 performance The likely development for the S&P 500 […]
AUD/JPY Stretches Lower To Near 98.70 Influenced By Prevailing Risk-Off Sentiment
AUD/JPY edges lower to near 98.70 during the European session on Wednesday. The prevailing risk-off sentiment bolsters demand for the safe-haven Japanese Yen (JPY). Moreover, investors are exercising caution amidst speculation that Japanese authorities may intervene in the markets to prevent a notable depreciation of the Yen.Despite this, the Bank of Japan’s (BoJ) cautious approach […]
EUR/GBP Holds Positive Ground 0.8550 Ahead Of Eurozone Inflation Data
Image Source: Unsplash EUR/GBP gains ground near 0.8565 in Wednesday’s early European session. BoE’s Bailey said the UK economy is moving towards the point where the central bank can begin cutting rates. ECB’s Holzmann said he has ‘no in-principle objection’ to a June rate cut, but wants to see more supportive data. The preliminary Eurozone […]
Forex Today: Gold Makes New Record At $2,288
Image Source: Pexels A few hours ago, spot Gold again rallied to a new all-time high at $2,288. Gold tends to be positively correlated with risk assets, many of which have been enjoying rallies to new highs in recent days. Trend traders will want to be long here. Other precious metals have also been seeing gains, with Silver now trading at a […]
Stock Investing For Kids: Surefire Path To Success!
Image Source: PexelsThe fundamental tenets of Mass Psychology, Mob psychology, and contrarian investing highlight the extreme peril of embodying a lemming in financial health matters. As Mark Twain once remarked, “Whenever you find yourself on the side of the majority, it is time to pause and reflect.” Adopting a lemming-like approach to ensure your portfolio’s well-being is unequivocally detrimental; […]
What Is Unearned Income? Understand How It Works
Image Source: PexelsThe dream of dividend growth investing is to create a large enough passive income stream that a person does not need a regular job and salary. Real estate investors have a similar motivation. They want to generate rental income from their properties. The Internal Revenue Service (IRS) views these income sources differently than W-2 wages. They […]
Elliott Wave Technical Analysis: Bitcoin Crypto Price News
Image Source: UpsplashElliott Wave Analysis TradingLounge Daily Chart,Bitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double ZigzagPosition: Wave ((Y))Direction Next higher Degrees: wave (III)Wave Cancel invalid level: 31046.25Details: The corrective of Wave IV is equal to 38.2% of Wave III at 57663Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:After the black III wave continued to rise for a long […]
China Is The World Leader In Battery Recycling
Image Source: UnsplashAs many countries around the world scramble towards a green transition, a new era of electric cars is being ushered in and with it comes the need for batteries.While these batteries – also needed for home, industrial and grid energy storage – are being newly manufactured, Statista’s Anna Fleck reports that the market for the recycling of lithium-ion batteries is growing […]
