Gold Fluctuates Amid Dollar Strength: What’s Next For Prices?
Image Source: Pixabay Gold prices were steady on Tuesday even as the market awaited the release of key US economic data. The ADP employment report and non-farm payrolls data later this week will lend cues to gold prices. Experts believe gold prices will be volatile in the lead up to the US Fed policy meeting later […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Tuesday, Dec 3
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: 00:03:15More By This Author:GBPUSD Analysis & GBPUSD Price Prediction Forecast […]
Current Report: Invesco Mortgage Capital
Image Source: PixabayInvesco Mortgage Capital Inc (IVR) is a REIT that invests, finances, and manages residential and commercial mortgage-backed securities and mortgage loans.The company’s portfolio consists of residential mortgage-backed securities (RMBS) that are guaranteed by a U.S. government agency such as the Government National Mortgage Association, or a federally chartered corporation such as the Federal National […]
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Tuesday, Dec 3
Image Source: Pexels Elliott Wave Analysis TradingLounge Daily ChartBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave VDirection Next higher Degrees: wave (I)Wave Cancel invalid level:Details: The five-wave rise of wave V is likely equivalent to wave I. Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: Bitcoin remains in an uptrend with an impulsive rally. We are currently in […]
SPDR ETF Report For Monday, Dec 2
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Monday, December 2.Video Length: 00:14:33More By This Author:Financial Markets Report For Monday, Dec 2Metal Markets Report For Wednesday, Nov 27Financial Markets Report For Wednesday, Nov 27
WTI Lacks Firm Intraday Direction, Oscillates In A Range Below $68.00
Image Source: Pixabay WTI consolidates its recent losses to a two-week low amid mixed cues. Easing supply disruption worries and a stronger USD act as a headwind. Traders seem reluctant ahead of OPEC+ meeting on Thursday and US data. West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction on Tuesday and […]
Tap Into Crypto Exposure With These 2 Stocks: HOOD, COIN
Image Source: PexelsA recent move higher in crypto has caught many eyes, with investors clamoring for exposure following the bullish move. The U.S. election helped light the fire in a big way, with President-elect Donald Trump’s favorable stance on digital assets paving the favorable outlook. It’s no secret that crypto is a volatile asset class, spooking […]
The Yen Is Screaming Risk-Off And The Stock Market Isn’t Pay Attention
Image Source: PexelsMarkets were up on the broader index but mixed overall, with 319 names lower in the S&P 500 and 180 higher. The day was uneventful from an equity market standpoint, but we saw big moves in FX, with the EURUSD standing out. The French called for a no-confidence vote for their newly appointed Prime […]
Economic Metrics Solid, Zscaler Sells Off After Q1 Report
Image Source: PixabayBoth the S&P 500 and the Nasdaq indexes have closed Monday’s trading session at new market highs. The S&P opened the day slightly up and kept steady: +14 points to 6047. The Nasdaq, which outperformed the other major indexes on the day for its best trading session in nearly as month, grew +185 points […]
Ruble Devaluation Giveth And Devaluation Taketh Away
Image Source: PexelsConsider the ruble/yuan exchange rate.Figure 1: Rubles per yuan, calculated using dollar rates (blue, log scale). Up is a depreciation of the ruble. Source: Pacific Exchange Services accessed 12/1/2024, and author’s calculations.The recovery in the ruble’s value after 11/27 was due to Central Bank of Russia intervention in the forex market.While a devaluation makes the price of […]
