BTC/USD Forex Signal: Bitcoin Path To $100k Is Intact
Bullish View Buy the BTC/USD pair and set a take-profit at 100,000. Add a stop-loss at 90,000. Timeline: 1-2 days. Bearish View Set a sell-stop at 94,000 and a take-profit at 90,000. Add a stop-loss at 100,000. The BTC/USD exchange rate remained in a tight range as it struggled to move above the important resistance […]
Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar – Wednesday, Dec. 4
Australian Dollar/U.S. Dollar (AUDUSD) Day ChartAUDUSD Elliott Wave Technical Analysis FUNCTION: Bearish Trend MODE: Impulsive STRUCTURE: Orange Wave 3 POSITION: Navy Blue Wave 3 DIRECTION NEXT LOWER DEGREES: Orange Wave 3 (started) DETAILS: Orange Wave 2 appears to be completed; orange wave 3 is now active. Wave Cancel Invalidation Level: 0.65280 The AUD/USD daily chart reflects an […]
Metal Markets Report For Tuesday, Dec 3
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:44More By This Author:Financial Markets Report For Tuesday, Dec 3Metal Markets Report For Monday, Dec 2SPDR ETF Report For Monday, Dec 2
Australia: GDP Growth Firms Up In The Third Quarter
Image Source: Pexels Not that big a surprise after recent trade numbers 3Q24 GDP for Australia missed on the downside, coming in at 0.3% QoQ, well below the 0.5% figure that had been forecast. However, that consensus figure looked in doubt after yesterday’s net export contribution figures were published. These showed a smaller contribution to GDP […]
Current Report: MFA Financial
Image Source: PixabayMFA Financial Inc (MFA) is a specialty finance company that invests in and finances residential mortgage assets.Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals.The company selectively invests in residential mortgage assets with a focus on credit analysis, […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Wednesday, Dec 4
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: 00:02:41More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
This Bull Trap Could Be Our Biggest Win For This Week
Image Source: PixabayMarkets are range-bound and running into resistance above today’s range…Ranges act like magnets, so until we see more conviction going higher, I’ll be looking for these (2) Bull Traps going back into the range below us!I love the idea of a breakout pullback tomorrow morning…But all this resistance overhead tells me one of these […]
Financial Markets Report For Tuesday, Dec 3
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, December 3.Video Length: 00:14:22More By This Author:Metal Markets Report For Monday, Dec 2 SPDR ETF Report For Monday, Dec 2 Financial Markets Report For Monday, Dec 2
Gold Analysis: Holds Gains
Image Source: Pixabay Gold prices experienced selling pressure at the beginning of the US jobs week, declining to $2,622 per ounce from the resistance level of $2,652 per ounce in the same trading session, and stabilizing around $2,638 per ounce at the beginning of trading on Tuesday. I expect the price of gold to continue its […]
South Korea: Outlook Rocked By Martial Law Declaration
Image Source: PixabayIn a stunning political event overnight, South Korea’s president declared martial law for the first time since 1979. Later, the National Assembly voted to block the decree and the cabinet agreed to rescind the order. We see the uncertainty surrounding the economy and politics remaining high and likely to dampen sentiment if the situation […]
