Category Archive: Finance, No picture
Digesting The Latest Fed Minutes
Image source: Pixabay In our Fed Minutes preview, we warned the tone could be less dovish. Indeed, this was the case, with the Minutes highlighting concern about loose financial conditions, while also producing warnings from some members that policy could stay restrictive for longer than expected.Video Length: 00:01:21More By This Author:Fed Minutes Preview – Wednesday, Jan. […]
GBP/USD Forex Signal: Brief Comeback Ahead Of US NFP Data Likely
The GBP/USD pair wavered after testing the lower side of the ascending channel. Bullish view Buy the GBP/USD pair and set a take-profit at 1.2750. Add a stop-loss at 1.2600. Timeline: 1-2 days. Bearish view Set a sell-stop at 1.2650 and a take-profit at 1.2600. Add a stop-loss at 1.2750. The GBP/USD price moved sideways after […]
European Stocks Show Modest Gains Amid Economic Data And Fed Minutes Release
Image Source: DepositPhotos On Thursday, European shares experienced slight gains, driven by a flurry of economic data and the release of the December Federal Reserve meeting minutes. Key highlights from the European market include: France’s CPI Report: The Consumer Price Index (CPI) report from France revealed a milder-than-anticipated increase in December’s inflation rate, which stood at 3.7%. […]
No, Stocks Are Not The Best Long-Term Investment
It’s time to put a stop to this belief, oversold by certain bankers (who earn commissions on stock purchases) and financial magazines (financed by banks and stock-selling platforms): No, stocks are not the best long-term investment.A new illustration shows this. The financial letter Kobeissi (financed by its readers, that changes everything) has published on X/Twitter this chart […]
Bitcoin And Ethereum: Bitcoin Pullback Below $42000
Bitcoin chart analysisThe pressure on the price of Bitcoin yesterday influenced us to see a drop below the $45000 level. In just two hours, the price dropped from $45,600 to $41,454. After that, we return above $42000 and manage to hold on, triggering a bullish consolidation to the $43200 level. For now, we encounter resistance here, and […]
Daily Market Outlook: Thursday, January 4
Asian markets experienced widespread declines as the cautious approach persisted from Wall Street, even in the absence of a specific trigger. The Nikkei 225 resumed trading after a prolonged break and recovered some of the losses seen in the region yesterday, with the decline being somewhat limited due to the recent weakening of the JPY. […]
BTC/USD Forex Signal: Wide Bullish Price Channel Short Trade Idea
The wider technical picture here remains bullish.My previous BTC/USD signal on 28th December produced an excellent, nicely profitable long trade from the hourly inside bar which rejected the key support level at $40,623. Today’s BTC/USD SignalsRisk 0.75% per trade.Trades may only be taken before 5 pm Tokyo time on Friday. Long Trade Ideas Go long after a bullish price […]
EUR/USD Forecast: Sees Downward Pressure In The Short Term
At the end of the day, the Euro’s attempt to rally faced resistance against the US dollar in Wednesday’s trading session. The Euro made an initial attempt to rally during Wednesday’s trading session but encountered some resistance against the US dollar. While it presents a more favorable performance compared to the previous Tuesday, the Euro […]
Cardano’s Market Value Drop: A Comprehensive Analysis
Recent Market Movements of CardanoThe digital currency Cardano has recently experienced notable market fluctuations. As of a recent report, ADA’s value fell sharply to $0.5187, marking a significant 17.04% decrease within a day, a trend not seen since May 11, 2022. This downturn reduced Cardano’s market capitalization to approximately $21.1343 billion, accounting for about 1.25% of […]
Sensex Today Trades Higher; NTPC & Tata Motors Top Gainers
Asian shares continued to fall on Thursday as global selloff continued.The Nikkei index tanked 1.1%, while Hang Seng was trading flat. Meanwhile, Shanghai index was trading 0.4% lower.US stock indices ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal […]
