Elliott Wave Technical Analysis: Ethereum Crypto Price News For Friday, Jan 31
Image Source: PixabayElliott Wave Analysis TradingLounge Daily ChartEthereum/ U.S. dollar(ETHUSD)ETHUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Zigzagposition: Wave CDirection Next higher Degrees: wave IIWave Cancel invalid level: Ethereum/ U.S. dollar(ETHUSD)Trading Strategy: ETH/USD is in a correction phase of Wave (2). If the price holds above the key support level, there is a high chance of entering Wave […]
Markets Modestly In The Green Ahead Of Earnings For AAPL, INTC, V & More
Image Source: PexelsMarket indexes were looking like they might fall into the red this afternoon, a half hour before the closing bell, based on news from the White House that +25% tariffs were being set on our neighboring countries Canada and Mexico starting February 1st (Saturday), with Canada already signaling retaliation. But a last-minute swing toward […]
Japanese Yen Remains On The Front Foot Against USD After Tokyo CPI
Image Source: Pixabay The Japanese Yen continues to be underpinned by bets for additional BoJ rate hikes. Geopolitical risk and trade war fears also benefit the JPY’s relative safe-haven status. Trump’s tariff threats cap gains for the JPY and lend some support to the USD/JPY pair. The Japanese Yen (JPY) attracts buyers for the third straight […]
Gold Warning Signal Just Fired
Image Source: PixabayWhat could it be in 2025/26? During the 2025 calendar year, the USA must refinance approximately $13T of existing debt at rates at least twice as high as is currently set. So … money printing is near! More By This Author:Dow Jones Long Cycle ReviewBitcoin Passes $100,000 Post Trump Win, Our Top Pick
Financial Markets Report For Thursday, Jan 30
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, January 30.Video Length: 00:14:37More By This Author:Metal Markets Report For Monday, Jan 27SPDR ETF Report For Monday, Jan 27Financial Markets Report For Monday, Jan 27
U.S. Economic Growth Continues
Image Source: PexelsThe Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 2.3% annual rate in the fourth quarter. That’s a little below the historical average rate of 3.1% since World War II, but about equal to the average 2.4% rate since 2009:Q3.Quarterly real GDP growth at an annual rate, 1947:Q2-2024:Q4, with […]
WTI Holds Above $72.50 Amid Tariff Concerns
Image Source: Pixabay WTI price posts modest gains to around $72.85 in Friday’s early Asian session. Trump plans to impose tariffs of 25% on Canadian and Mexican goods on Saturday. Investors will closely monitor the OPEC+ ministerial meeting on Monday. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.85 during the early Asian session on […]
EUR/USD Struggles Under The Weight Of The Greenback
Image Source: Pixabay EUR/USD slumped back into the 1.0400 handle on Thursday. German data looms ahead on Friday, followed by key US inflation figures. Fiber traders wait to see if the Fed’s rate call this week was the right one. EUR/USD shifted lower for a fourth consecutive trading day on Thursday, peaking near 1.0450 before softening […]
Gold Price Surges To Record High And Hovers Near $2,800
Image Source: Pixabay XAU/USD climbs 1.31%, touching a record after US GDP growth disappoints in Q4 2024. US Treasury yields drop as markets adjust to Fed’s steady stance despite economic signals. Despite robust job market, Gold rallies as Fed Chair Powell hints at cautious approach to rate cuts. Gold price skyrockets to a new all-time high […]
Gold Shortage: The Crisis In London And New York
Image Source: Pixabay A massive 400 metric tonnes of gold has been shipped from London to New York since November’s U.S. election. The Financial Times broke the story, and we’re breaking it down for you. Why is this happening? Who’s behind it? And what does this mean for you as a gold investor?Video Length: 00:06:37More By […]
