Category Archive: Finance, No picture
Tesla Shares Rose On A Weak Report. Inflationary Pressures Are Easing In Australia
At Monday’s close, the Dow Jones Industrial Average (US30) was up 0.69%, while the S&P 500 Index (US500) added 1.20%. The NASDAQ Technology Index (US100) closed positive 1.59% on Tuesday. The US stock indices closed moderately higher, with the Dow Jones Industrials Index rising to a one-week high. Better-than-expected first-quarter earnings results supported stocks. Stock indices continued to rise after a weaker-than-expected […]
Bitcoin Price Is Slowly Stabilizing Above $67000 Level
Bitcoin chart analysisThe price of Bitcoin successfully broke above the $67000 level. A new weekly high was formed at the $67241 level. After that, we saw a pullback to support at the EMA50 moving average up to $66000. We remain above and return to the previous bullish consolidation. We are now at $66800 and getting closer to […]
WBC Stock Analysis & Elliott Wave Technical Forecast
ASX: WESTPAC BANKING CORPORATION – WBC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WESTPAC BANKING CORPORATION – WBC. Our recently updated forecast for NST in the Top 50 ASX Stocks service is still active. We identify a long-term trading opportunity with WBC, and […]
Fake Dirty Underwear: Why You Need To Buy Some
Recently, I posted an article about investing in silver and silver coins. But if you buy silver, or gold, coins, where do you hide them?PexelsOne popular location is a bank’s safe deposit box. But the disadvantages are that you can’t get access to the coins at all times, and if on the very rare occasion that […]
The Return Of Optimism In Germany
A third monthly increase in the Ifo index strengthens the view that the German economy has left the trough behind and should be able to enjoy some more cyclical improvement. Unsplash Finally at a cyclical turning point. Germany’s most prominent leading indicator, the Ifo index, has added to recent evidence of a bottoming out of the German […]
Australian Dollar/U.S. Dollar – Forex Elliott Wave Technical Analysis – Wednesday, April 24
AUDUSD Elliott Wave Analysis Trading Lounge Day Chart, Wednesday, April 24 PixabayAustralian Dollar/U.S. Dollar (AUDUSD) Day Chart AUDUSD Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: impulsive as A […]
Is There A Recession In The US Economy This Year?
It’s all well and good to announce positive economic news. Yet, consumers of such news may not be getting the full story.In other words, there’s plenty of less-than-positive economic developments, and I’ll point out just three which portend a possible economic contraction.The first one has been well-advertised: the developing commercial real estate crisis. In a […]
USD/JPY Forecast: Dips Are Opportunities
Short-term dips at this point in time continue to be buying opportunities and that’s something I’ve been doing adding to a longer term trend. The 154 yen level underneath is significant support. The 152 Yen LevelRight after that then we have the 152 yen level which i think is the floor in the market especially now that […]
GBP/USD Forex Signal: Pound Sterling’s Comeback Set To Be Brief
Bullish view Buy the GBP/USD pair and set a take-profit at 1.2530. Add a stop-loss at 1.2375. Timeline: 1-2 days. Bearish view Set a sell-stop at 1.2425 and a take-profit at 1.2325. Add a stop-loss at 1.2525. The GBP/USD exchange rate bounced back sharply after the strong UK flash composite PMI and a hawkish statement by Huw […]
XRP Surges 12% As Bulls Take Charge, Expert Raises Target To $1.4
XRP has shown notable signs of renewed bullish momentum in the market. It bounced back from a significant 11% price drop on April 12th, which took the token to its lowest level of the year at $0.4230. However, last week saw a solid 12% price recovery, with XRP outperforming the other top 10 altcoins in the market, behind […]
