RBA Holds But More Dovish Than Expected
Image Source: Pixabay We’re seeing a lot of consolidation in markets ahead of some key economic data and central bank policy risk later this week. This includes tomorrow’s Bank of Canada decision and US inflation data, and an ECB decision on Thursday.Video Length: 00:00:42More By This Author:US Dollar Bid Returns After Solid Economic Data All Eyes […]
BTC/USD Forecast: Bitcoin Falls From Familiar Level However, there are Levels I am Watching
In my daily analysis of Bitcoin, I feel like I am stuck in the movie “Groundhog Day.” For those of you not familiar, it’s essentially a movie where the protagonists wakes up in the same day over and over. In other words, he is really just living through a 24 hour timeframe. The same things […]
Sensex Today Trades Flat; ITI Jumps 8%
Most Asian equities rose after China’s top leaders signaled bolder stimulus next year as they seek to revive the world’s second-largest economy.Shares in Japan and South Korea gained, while futures showed the Hang Seng Index is poised to jump more than 3% at the open.US stock market indices ended lower on Monday weighed down by […]
Elliott Wave Technical Analysis – Euro/U.S. Dollar – Tuesday, Dec. 10
Euro/U.S. Dollar (EURUSD) – Day Chart AnalysisElliott Wave Technical Analysis Function: Counter Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 of C Direction in Lower Degrees: Orange Wave 3 (in progress) Details: Orange Wave 2 appears completed, and Orange Wave 3 within Navy Blue Wave 3 is now active. Wave Cancel Invalidation […]
Elliott Wave View: Microsoft Shows Incomplete Impulsive Structure
Image Source: UnsplashShort Term Elliott Wave in Microsoft (MSFT) suggests rally from 11.4.2024 low is unfolding as a 5 waves impulse. Up from 11.4.2024 low, wave 1 ended at 427 and pullback in wave 2 ended at 410.35 as the 1 hour chart below shows. Internal subdivision of wave 2 unfolded as an expanded flat Elliott Wave […]
Markets Becoming More Efficient: The Disappearing Index Effect
Image Source: PexelsAmong the earliest challenges to the efficient markets hypothesis was the observation that stock prices react to investor demand unrelated to fundamentals. One example is the abnormal returns to additions and deletions to the S&P 500 Index. Robin Greenwood and Marco Sammon, authors of the September 2024 study “The Disappearing Index Effect,” examined the […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Tuesday, Dec 10
Image Source: DepositPhotosToday you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:33More By This Author:Dow Jones Analysis, Week Ahead And Forecast […]
Current Report: Betterware De Mexico
Image Source: PixabayBetterware de Mexico SAPI de CV (BWMX) is a direct-to-consumer selling company.The company operates through two business segments: (1) the home organization products (Betterware segment or BWM segment) and the beauty and (2) personal care products (B and PC) (JAFRA segment).The Betterware’s segment is divided into different categories based on the type of products […]
Metal Markets Report For Monday, Dec 9
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:53More By This Author:Financial Markets Report For Monday, Dec 9SPDR ETF Report For Thursday, Dec 5Financial Markets Report For Thursday, Dec 5
GBP/USD Maintains Position Around 1.2750 Amid Market Caution As Key Economic Figures Loom
Photo by Colin Watts on Unsplash GBP/USD may face challenges as traders adopt caution ahead of US Consumer Price Index data due on Wednesday. CME FedWatch Tool suggests an 85.8% chance of Fed rate reductions by 25 basis points in December. The upcoming Friday’s data is expected to indicate a rebound in the UK economy during October. GBP/USD […]
