Category Archive: Finance, No picture
FX Daily: Dollar Starts To Look Cheap In The Short Term
Image Source: Unsplash The dollar has not benefited much from the hotter US CPI figures released yesterday, and we think there is some room for a rebound in the greenback before the end of the week. Today, the focus will be on the European Central Bank’s operational framework review. The FX impact should be limited though, and […]
He Called The Breakout. What’s Next For Gold?
Image Source: UnsplashIn November 2023 we interviewed Robert Sinn @GoldfingerCapital who said Gold was about to enter to Nirvana. His call was dead on.We follow up and get his upside targets for Gold and timetables as well as his outlook for Silver. The interview is divided into chapters.Video Length: 00:32:54More By This Author:How History Informs Us About Gold’s […]
Elliott Wave Technical Analysis: GBPUSD – Wednesday, March 13
GBPUSD Elliott Wave Analysis Trading Lounge Day Chart, 13 March 24 British Pound/U.S.Dollar (GBPUSD) Day ChartGBPUSD Elliott Wave Technical AnalysisFUNCTION: Trend MODE: impulsive STRUCTURE: Red wave 3 POSITION: blue wave 5 DIRECTION NEXT LOWER DEGREES: red wave 4 DETAILS: Red wave 2 of blue […]
AUDUSD Uptrend Takes A Breather: Correction Or Reversal?
Image Source: UnsplashAUDUSD has displayed a recent pullback after a strong uptrend, prompting a closer look at the technical situation. This analysis explores the potential scenarios for the currency pair.Uptrend Intact, But Correction Likely: Upward Trajectory Maintained: Despite the pullback, AUDUSD remains within the uptrend that commenced at 0.6477. This suggests that the overall bullish sentiment is still […]
Metals Report For Tuesday, March 12
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:01More By This Author:Financial Markets Report For Tuesday, March 12SPDR ETF Report For Monday, March 11Metals Report For Monday, March 11
China Dumping US Wheat Shipments At Record Pace
Image Source: UnsplashChina, the world’s top agricultural importer, has canceled half a million tons of wheat from the US over the past week, adding to the record number of cancellations that have weighed on Chicago futures, according to Bloomberg. On Monday, private exporters exited purchases of 264,000 metric tons of US soft red winter wheat to China. This […]
Air Products: A Compelling Short Opportunity
Image Source: UnsplashMay I present to you Air Products (APD), which is an appealing short setup. More By This Author:This Is How AI Destroys A Company Utilities On Deck TSLA Downshift
3 Companies Enjoying Robust Sales Growth
Consistent sales growth is key, as it’s the foundation of generating profits. Strong revenue generation allows companies to achieve scaling efficiencies, generate continuous shareholder value, and many other clear benefits.When it comes to top line strength, three companies – PDD Holdings (PDD – Free Report) , Amazon (AMZN – Free Report) , and Meta Platforms (META – Free Report) – […]
Asia Morning Bites For Wednesday, March 13
Image Source: UnsplashGlobal macro and markets Global markets: Global Markets: Tuesday’s upside miss on the US CPI release pushed up US Treasury yields. But the increase was not as big as it might arguably have been and suggests that the market is not giving up on its expectation for multiple rate cuts this year. Both 2Y and […]
Cisco Pullback Is Not Over Further Downside To Come
Image Source: UnsplashCisco Systems, Inc., commonly known as Cisco (CSCO), is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products.CSCO Daily Chart October 2023Last October, we talked about an alternative view on CSCO. That was wave (II) has not finished and it could do a double correction. After 3 waves […]
