Bharat Electronics Stocks Elliott Wave Technical Analysis – Thursday, November 7
BHARAT ELECTRONICS – BEL (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate degree, orange)Mode: MotiveStructure: ImpulsePosition: Minute Wave ((ii)) NavyDetails: Minute Wave ((iii)) Navy of Minor Wave 5 Grey is now progressing higher against 229, as Wave ((ii)) might be in place around 250-60. Alternatively Wave 5 Grey completed above 342.Invalidation point: 229BHARAT ELECTRONICS […]
Bear Of The Day: Nike Growth is Slowing at Nike Relative Weakness for NKE Shares Nike: The Future is Uncertain
Nike Stock OverviewZacks Rank #5 (Strong Sell) stock Nike Inc (NKE), incorporated in 1967, is the world’s largest athletic footwear, apparel, and equipment company. The $116 billion company has a robust brand portfolio that includes Nike Pro, Nike Golf, Nike+, and Air Jordan. Nike is well known for its unique and creative marketing campaigns and its iconic “swoosh” […]
USD/CHF Forecast: US Dollar Skyrockets Against Swiss Franc After Election
During my daily analysis of the USD/CHF pair, I cannot help but recognize that there is a significant amount of momentum in this pair, as it looks like money is flowing into the United States yet again after the massive victory by Donald Trump, and of course the Republicans. With this being the case, the […]
BTC/USD Forex Signal: Bitcoin Price Rally Is Just Getting Started
Bullish View Buy the BTC/USD pair and set a take-profit at 80,000. Add a stop-loss at 70,000. Timeline: 1-2 days. Bearish View Sell the BTC/USD pair and set a take-profit at 70,000. Add a stop-loss at 80,000. Bitcoin price continued its strong rally, reaching a new record high as investors cheered Donald Trump’s election. The […]
Gold Correction After Trump’s Election: Why 2024 Is Not 2016
Could Donald Trump’s election put the brakes on gold’s rise?In 2016, the Republican candidate’s victory in the US presidential election led to a €100 drop in the price of gold in euros, with the price falling from €1,180 to €1,080 in the four weeks following the election: This decline was then completely erased at the beginning […]
Sensex Today Trades Lower; Nifty Below 23,350
Most Asian stocks dropped as investors weighed the market ramifications of a second Trump presidency, with its promise of steeper tariffs. The dollar edged higher after surging more than 1% on Wednesday.Benchmark equity gauges slipped in China, Australia and South Korea, and were mixed in Japan.US stocks rallied sharply to close at record highs on […]
Forex Elliott Wave Technical Analysis: U.S. Dollar / Swiss Franc
Photo by Claudio Schwarz on UnsplashUSDCHF Elliott Wave Analysis Trading LoungeU.S. Dollar / Swiss Franc (USDCHF) Day ChartUSDCHF Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Navy Blue Wave 1 Position: Gray Wave 3 Next Lower Degree Direction: Navy Blue Wave 2 Details: Navy Blue Wave 1 of Gray Wave 3 is still active and appears close to completion. Wave Cancellation Level: 0.83765 The USDCHF day chart’s […]
What Donald Trump’s Victory Means For China
Image Source: Unsplash Trump’s return was expected in China After the last few months of polling foreshadowed a very tight contest, what we ultimately got was the least dramatic election day since Donald Trump first arrived on the political scene, with a “Red Wave” outcome looking likely at the time of writing.As we found in our […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Thursday, Nov 7
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: 00:02:36 More By This Author:Gold Trading Strategy Today – Tuesday, Nov. […]
SPDR ETF Report For Wednesday, Nov 6
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Wednesday, November 6.Video Length: 00:21:10More By This Author:Financial Markets Report For Wednesday, Nov 6Financial Markets Report For Monday, Nov 4Metal Markets Report For Thursday, Oct 24
