EUR/USD Analysis: Euro At 6-Month Lows
Trump’s trade policies continue to support further gains for the US dollar against other major currencies. As a result, selling of the EUR/USD currency pair has increased, with losses extending to the support level of 1.0628, the lowest for the currency pair since last April, and it is stabilizing near its losses at the time […]
Shot Across The Bow
S&P 500 faced sellers right at the open, and the telltale was Nasdaq underperformance – making for quick intraday short gains on the first dump already. Monday‘s ES levels and tired bumping of NDX into upside resistance established that day, didn‘t allow for any addition to swing longs – while the bull upleg is firmly established for […]
Could Trump’s China Tariffs Quietly Cut Carbon Emissions? The Carbon Footprint of Trade
Many climate activists are deeply concerned about the impact of Donald Trump’s recent election victory on efforts to reduce carbon emissions. So far, much of the attention has focused on Trump’s strong support for fossil fuels and his skepticism toward clean energy initiatives.However, the situation may be more complex. One of Trump’s priorities is to impose higher […]
Crypto Soars
On the campaign trail, Donald Trump favored the crypto industry, including appointing “crypto-friendly” regulators. Moreover, one of the plans he mentioned several times was the creation of a federal strategic reserve of crypto assets. Trump’s decisive victory, along with the Republican sweep of Congress, makes it even more likely the crypto industry and related cryptocurrencies […]
Solana Price Suddenly Plunges After Hitting Yearly High: Here’s Why
Image Source: Freepik Solana price dropped from $224 to $208.86 after breaking key resistance levels. Technical indicators suggest a bullish trend, with potential targets up to $276.55. On-chain data shows strong investor interest, with record open interest and DEX volume. The Solana price has experienced a dramatic surge in recent weeks, reaching a new yearly […]
How Ugly Will Trump’s Mass Deportation Get?
Trump has a mandate on the border and to deport criminals. What else? Then what?Trump’s Mass Deportation PromiseLet’s discuss the WSJ article Trump’s Mass Deportation Promise. My comments are in square brackets. Emphasis also mine. Donald Trump won a second term in the White House by pledging to secure the U.S.-Mexico border, and that includes sending […]
Bitcoin Hits $90,000! How High Can It Go?
Bitcoin touches $90,000, up over 100% so far in 2024. Some investors expect $100,000 by year-end Ongoing bull run fuelled by hopes for incoming US President Trump’s crypto-friendly policies Bitcoin’s surge also sent other cryptos and crypto-linked US stocks climbing in tandem Today (Tuesday, Nov. 12), Bitcoin briefly breached $90,000 for the first time in its history.The world’s oldest cryptocurrency […]
Crude Oil Finds Cushion Even As Traders Expect More Downside Under Trump
Crude Oil finds a small floor, trading mildly in the green on Tuesday, after two sessions of sharp losses. Several analysts are projecting a $40 price per barrel under Trump’s presidency. The US Dollar Index rallies further with the Trump trade sweeping markets. Crude Oil trades broadly in the green on Tuesday after briefly ticking […]
Hemoglobin A1c (POC)
Summary ExlService Holdings (EXLS) is a data analytics company with strong technical buy signals, a Trend Seeker buy signal, and consistent price appreciation. The stock has gained 12.61% since 10/30, with a 74.61% increase over the last year and 13 new highs in the past month. EXLS boasts a market cap of $7.63 billion, with […]
GBP/USD Analysis: Selling Pressure May Target Stronger Support Levels
At the beginning of this week, the GBP/USD exchange rate is facing pressure, and we will be monitoring the key support levels that will be tested in the coming days. Its losses extended to the 1.2835 support level, the lowest for the currency pair in three months. According to Forex market trading, the US dollar’s […]
