BTC/USD Forex Signal: Bitcoin Steady As Bulls Target $100,000
Bullish View Buy the BTC/USD pair and set a take-profit at 100,000. Add a stop-loss at 80,000. Timeline: 1-2 days, Bearish View Sell the BTC/USD pair and set a take-profit at 80,000. Add a stop-loss at 100,000. Bitcoin, the biggest cryptocurrency in the industry, surged to a record high of nearly $94,000 as the Donald […]
Elliott Wave Technical Analysis: Euro/U.S. Dollar – Thursday, Nov. 14
Euro/ U.S. Dollar (EURUSD) Daily Chart AnalysisEURUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Impulsive Structure: Navy Blue Wave 3 Position: Gray Wave C Direction (Next Higher Degrees): Navy Blue Wave 4 Details: Navy blue wave 2 appears completed; navy blue wave 3 is currently active. Wave Cancellation Invalidation Level: 1.08263 Analysis OverviewThe EURUSD Elliott […]
EUR/USD Refreshes Annual Lows As US Dollar Extends Rally
Image Source: Pixabay EUR/USD sinks to near 1.0530 as the US Dollar extends its rally as Republicans win both houses in the US. The US inflation accelerated expectedly in October, which boosted expectations of an interest rate cut in December. Investors await Fed Jerome Powell’s speech on Thursday for fresh interest rate guidance. EUR/USD posts a […]
Rates Spark: Markets Relieved By Consensus US CPI
Image Source: PexelsThe US core CPI number came in at 0.3% MoM, which on an annualised basis still looks too high for Powell. However, markets reacted with relief, causing US rates to move lower. Euro rates are still considering the likelihood of a 50bp cut in December, currently estimated at 20%. Based on OIS spreads, the Bund swap […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Thursday, Nov 14
Image Source: PixabayToday 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: 00:03:51More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
Elliott Wave Technical Analysis: Dogecoin Crypto Price News For Thursday, Nov 14
Photo by Executium on UnsplashElliott Wave Analysis TradingLounge Daily ChartDogecoin/ U.S. dollar(DOGEUSD)DOGEUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: ZigzagPosition: Wave ((C))Direction Next higher Degrees: wave ((C)) of ZigzagWave Cancel invalid Level:Details: wave 2 is likely to end and price is rising again in wave 3Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy: The correction in wave II seems to be over so […]
Looking Ahead To Retail Sector Earnings
Image Source: Pixabay Total Q3 earnings for the 458 S&P 500 members that have reported results through Wednesday, November 13th, are up +6.9% on +5.4% higher revenues, with 73.6% beating EPS estimates and 61.4% beating revenue estimates. The earnings and revenue growth pace for this group of 458 index members is broadly in line with the […]
Silver & The Greatest Breakout In Modern History
Image Source: PixabayWhen Silver breaks $50/oz it will be the biggest breakout in the modern history of capital markets. We cover the implications and price targets.Video Length: 00:11:40More By This Author:Secular Bear Market Will Begin In Trump’s 2nd Term Gold’s Path After Breaking To New All-Time HighWatch For Gold Volatility Spike & US Election Selloff
EUR/USD Marks Yearly Lows Near 1.0550 Ahead Of Eurozone Q3 GDP, US PPI
Image Source: Pixabay EUR/USD falls to 1.0546 on Thursday, the lowest since November 2023. Eurozone Gross Domestic Product is anticipated to report 0.4% QoQ in the third quarter. Traders will likely observe US October Producer Price Index data later in the North American session. EUR/USD extends its decline for the fifth consecutive day, trading near 1.0550, marking […]
Financial Markets Report For Wednesday, Nov 13
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, November 13.Video Length: 00:12:18More By This Author:SPDR ETF Report For Tuesday, Nov 12Financial Markets Report For Tuesday, Nov 12Financial Markets Report For Monday, Nov 11
