Bitcoin Price Is Approaching 100,000
Nov 22, 2024Jeremy Parkinson0
Image Source: Pexels At Thursday’s close, the Dow Jones Industrial Average (US30) was up 1.06%. The S&P 500 Index (US500) closed positive 0.53%. The Nasdaq Technology Index (US100) was up 0.36%.The Dollar Index remained above 107, holding near two-year highs, as investors assessed the Federal Reserve’s monetary policy outlook. Data released on Thursday showed that weekly […]
Visa Inc. Stocks Elliott Wave Technical Analysis – Friday, November 22
Nov 22, 2024Jeremy Parkinson0
V Elliott Wave Analysis Trading LoungeVisa Inc., (V) Daily ChartV Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {iv} of 5.DIRECTION: Upside in wave {v} in 5.DETAILS: Looking for consolidation in wave {iv} as we stand at the beginning of MinorGroup1 at 310$. Visa Inc., (V) 1H ChartV Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave (a) of […]
USD/JPY Awaits Potential Stimulus Impact
Nov 22, 2024Jeremy Parkinson0
Image Source: Pixabay The USD/JPY pair remains stable at approximately 154.30 amid global economic fluctuations and expectations of potential Japanese stimulus measures.Japan’s latest inflation data for October revealed a decline to 2.3%, marking the lowest level in nine months and potentially easing pressure on the Bank of Japan (BoJ) for immediate rate hikes. However, BoJ Governor […]
XRP Price 25% Rally: Breaking Barriers And Surpassing Odds
Nov 22, 2024Jeremy Parkinson0
XRP price rallied above the $1.15 and $1.20 resistance levels. The price is up over 25% and might rise further above the $1.420 resistance. XRP price started a fresh surge above the $1.20 resistance level. The price is now trading above $1.250 and the 100-hourly Simple Moving Average. There was a break above a key […]
Gold Trading Strategy Today – Friday, Nov. 22
Nov 22, 2024Jeremy Parkinson0
Image Source: Pixabay Today 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: 00:03:24More By This Author:Gold Trading Strategy Today – Thursday, […]
More And More Fiat Money To Chase Away Increasingly Expensive Assets
Nov 22, 2024Jeremy Parkinson0
$6.47 trillion stashed under the mattress: the mountain of cash in money market funds is at an all-time high.This absolute record reflects investors’ state of alert, while revealing a latent force ready to shake up the markets. Is this avalanche of liquidity a sign of enduring mistrust, or the prelude to a massive redeployment?This notable increase […]
US Dollar Surges To Two-Year High As Eurozone PMIs Disappoint
Nov 22, 2024Jeremy Parkinson0
The US Dollar Index (DXY) rallied to a fresh two-year high after Eurozone PMI data suggested the region’s economy is contracting. The US Dollar is also supported by safe-haven flows amid escalating geopolitical risks in the Russia-Ukraine war. The US Dollar Index pops above 108.00 and eases slightly afterward. The US Dollar (USD) jumps on […]
S&P/ASX 200 Index Elliott Wave Technical Analysis
Nov 22, 2024Jeremy Parkinson0
S&P/ASX 200 Elliott Wave Analysis Trading Lounge Day ChartS&P/ASX 200 Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Gray Wave 3 Position: Orange Wave 3 Direction (Next Higher Degrees): Gray Wave 3 (started) Details: Gray wave 2 appears completed, and gray wave 3 is now in progress. Wave Cancel Invalidation Level: 8,066.9 Market Analysis OverviewThis analysis evaluates the S&P/ASX 200 index […]
Are Active/Semi-Active ETFs A Global Phenomenon?
Nov 22, 2024Jeremy Parkinson0
A lot has been said and written about the growth of active and semi-active ETFs in the U.S. Even in Europe, where active/semi-active ETFs are still at the beginning, one sees news and media coverage around the emerging segment of active/semi-active ETFs every day. Conversely, there is literally no media coverage on the development of […]
AI Is Steaming To Nvidia’s Benefit
Nov 22, 2024Jeremy Parkinson0
Wall Street’s poster child for AI is Nvidia. With an overwhelming market share in AI chip design, Nvidia is up over 200% year to date and a whopping 2680% over the last five years. Driving the price surge are incredible earnings, revenue growth, massive profit margins, and promising outlooks. Since 2020, Nvidia’s sales have increased […]