USD/JPY Analysis: Awaits US Policies
At the end of last week’s trading, the USD/JPY was subjected to selling, starting from the resistance level of 156.75, the highest for the currency pair in three months, with losses extending to the level of 153.86. Obviously, this came amid profit-taking before trading closed stable around the level of 154.30. Concurrently, the overall trend […]
Dividend Kings In Focus: Automatic Data Processing
Image Source: Pexels The Dividend Kings are a selective group of stocks that have increased their dividends for at least 50 years in a row. We believe the Dividend Kings are among the highest-quality dividend growth stocks to buy and hold for the long term.With this in mind, we created a full list of all the Dividend […]
AUD/USD Forecast: Australian Dollar Gives Up Early Gains On Friday
Technical AnalysisThe technical analysis for the AUD/USD currency pair is a very negative thing, as the 50 Day EMA is likely to break down below the 200 Day EMA, which of course kicks off the so-called “death cross” that people often use it as a sign of an extraordinarily negative market. All things being equal, this is […]
Pricing In Czech Manufacturing Accelerates Across Sectors
Image source: Pixabay Producer prices in industry accelerated in October, yet the annual dynamic remained soft due to elevated price competition. However, price growth has resumed in the food processing segment, which will likely push up consumer prices in the coming months, increasing the likelihood of inflation crossing the 3% threshold by year-end. Price growth in the food […]
EUR/GBP Price Forecast: Rises On Weak UK GDP, Fluctuates Around 50-Day SMA
EUR/GBP crosses key 0.8350 threshold but faces resistance near 0.8400, with current trading influenced by UK GDP concerns. Potential upside could see the cross target the 100-day SMA at 0.8413, with further resistance at the 200-day SMA at 0.8475. Downside risks remain if the pair retreats, with support levels at recent lows of 0.8306 and […]
Elliott Wave Technical Analysis – JPMorgan & Chase Co.
JP Morgan & Chase Co., (JPM) Daily ChartJPM Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 5.DIRECTION: Upside in 5 of (5).DETAILS: Looking at further upside within Minor wave 5 as we are trading above TradingLevel2 at 200$ and the next TL stands at 300$.JP Morgan & Chase Co., (JPM) 1H ChartJPM Elliott Wave Technical […]
This Week: Nvidia Earnings Is Set To Move The Markets!?
Nvidia earnings report on Nov 20th Shares may move 8.8% up or down Hopper GPUs to deliver strong revenue Blackwell GPUs to power future growth Robust outlook could set new records Even though the US presidential election is fading into the rearview mirror, it doesn’t mean markets will be starved for action over the coming week.Despite a relatively light macroeconomic […]
US Dollar Flat As Geopolitical Takes Centre Stage
The Greenback steadies and trades sideways on Monday after a soft start in Asia. All eyes shift back to geopolitics, with the Biden Administration delivering the green light for Ukraine to use long-range US missiles for targets in Russia. The US Dollar index holds ground above 106.50 while looking for direction. The US Dollar (USD) […]
Gold Price Analysis Today: Hinges On US Dollar Gains
At the beginning of this week, the gold price is attempting to rebound to recoup its sharp losses from last week, which reached a support level of $2536 per ounce. This is the lowest for the gold price index in two months. Furthermore, today’s rebound gains reached a resistance level of $2597 per ounce before […]
Slower Growth Expected For The US Economy In Q4
Fourth-quarter economic output for the US looks set for another downshift, based on CapitalSpectator.com’s initial GDP nowcast. The estimate reflects the median for a set of nowcasts published by several sources.Real (inflation-adjusted) growth is projected to increase 2.0% in Q4 for the annualized comparison, down from Q3’s 2.8% advance. The Q4 nowcast is a respectable pace, but […]
