Category Archive: Finance
NZD/USD Remains Firmer Around 0.5950 Due To Improved Risk Appetite
Image Source: Pixabay NZD/USD remains steady due to risk appetite improvements for risk-sensitive currencies. The gains of the US Dollar could be limited due to the lower US Treasury yields. New Zealand’s ANZ-Roy Morgan Consumer Confidence decreased to 82.1 in April, reaching its lowest level since 2008. The NZD/USD pair showed positive movement, trading around 0.5960 during […]
Is Northrop Grumman A Good Defense Stock To Buy?
Image Source: Unsplash Northrop Grumman published strong results as its backlog jumped to $79 billion. The company is benefiting from the ongoing geopolitical risks around the world. It is set to receive substantial orders from the recent $96 billion aid package. Northrop Grumman (NOC) stock price staged a strong recovery this week after Joe Biden signed […]
Friday Facts: All You Need To Know About Factor Investing ETFs In Europe
Image Source: PixabayFactor investing ETFs are ETFs that replicate an index that uses one of the scientifically proven factors (dividends, growth, liquidity, momentum, quality/credit quality, size, value, volatility, and yield) to determine its constituents.As a result, from this process, the portfolio of the factor investing index may vary significantly from the portfolio of the parent index, […]
Metals Report For Thursday, April 25
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:27More By This Author:SPDR ETF Report For Thursday, April 25Financial Markets Report For Thursday, April 25Metals Report For Tuesday, April 23
EUR/JPY Extends Rally Above 167.50 Following BoJ Rate Decision
Image Source: Unsplash EUR/JPY gains ground near 167.20 amid the weaker JPY on Friday. The BoJ kept interest rates steady around zero on Friday. ECB’s Nagel said he would be in favor of a rate cut in June. The EUR/JPY cross drifts higher to 167.20, its highest level since 2008, during the Asian trading hours on Friday. The uptick of […]
Gold Price Flatlines As Traders Look To US PCE Price Index For Some Meaningful Impetus
Image Source: Unsplash Gold price lacks any firm intraday direction and is influenced by a combination of diverging forces. The weaker US GDP print and a rise in US inflation benefit the metal amid subdued USD demand. Hawkish Fed expectations cap the upside as traders await the release of the US PCE Price Index. Gold price […]
Elliott Wave Technical Analysis – ChainLink Crypto Price News
Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart ChainLink/ U.S. dollar(LINKUSD) LINKUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave C Direction Next higher Degrees: Wave (I) of Impulse Wave Cancel invalid Level: 8.498 Details: the corrective of Wave (II) is equal to 61.8% of Wave (I) at 8.702 Log scale […]
The Bizarre Credit Suisse Banking Saga…And The Importance Of Bank Safety
Image Source: UnsplashA quite bizarre piece of news has recently hit the investor community which is not really being addressed by the financial media. I assume the reason that it’s not being covered by the financial media is because it deals with a complex issue involving bank regulators. But we will try to outline the issue […]
These 3 Companies Could Positively Surprise Investors
Image Source: PexelsEarnings season is always an exciting time for investors, with companies finally revealing what’s transpired behind closed doors.As usual, the big banks shifted the cycle into a much higher gear, with many other companies scheduled to follow suit.Concerning looming surprises, Arista Networks (ANET – Free Report), Coinbase (COIN – Free Report), and KB Home (KBH – Free Report) could all […]
Elliott Wave Analysis Favors DAX To Extend Higher
Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The Index extended higher in wave (3) towards 18567.16 as the 1 hour chart below shows. Down from there, […]
