Category Archive: Finance, No picture
BTC/USD Forex Signal – Monday, August 20
Last Thursday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered before 5pm Tokyo time, over the next 24-hour period only. Long Trades Go long after a bullish price action reversal on the H1 time frame following the next touch $6,171 […]
EURUSD Remains Bearish
On EURUSD we see the price falling sharply since February when the pair have completed a corrective rally of a higher degree. Notice that there was a strong and extended leg down through April which fits as sub-wave three of an impulsive decline. As such, more weakness will be expected as fall should be made […]
USDCAD Daily Analysis – Monday, August 20
USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3174 already. Deeper decline is still possible and next target would be at 1.2961 support. Resistance is at 1.3174, only a break of this level could trigger another rise towards 1.3250 area.
Trade Tariffs & Jackson Hole To Chart FX Market This Week
The uncertainties are high as tariffs arrive, short AUD/USD? Markets will be watching Powell to offer any possible clue on Fed’s monetary policy during Jackson Hole With Fed Chairman Jerome Powell set to deliver a Friday morning speech, investors will be looking for clarity on a host of issues ranging from ; the likely path of interest rates […]
Valuations Aren’t The Main Catalyst Of This Bull Market
It’s obvious to most investors with any experience that they can’t justify buying an asset just based on the recent price action alone (technical analysis aside). You don’t buy based on price; you buy based on value. The price action means nothing without context. This point needs to be extended to multiples. When investors review […]
Gold Prices Rise As Cooling Trade War Worries Weigh On US Dollar
Gold prices turned higher Friday as improving risk appetite triggered a reversal of haven-seeking capital flows buoying the US Dollar, sending the currency lower and offering a lift to the perennially anti-fiat yellow metal. Investors’ rosier disposition reflected hopes for de-escalation in the trade war between the US and China. Crude oil prices attempted to rally intraday but […]
AUDUSD Daily Analysis – Monday, August 20
AUDUSD extended its upside movement from 0.7202 to as high as 0.7319. Further rally is still possible and next target would be at 0.7350 area. Near-term support is at 0.7245, only a breakdown below this level could bring the price back towards 0.7202 previous low.
Nifty Crosses 11,500-Mark; L&T Surges 4% On Buyback News
Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.2% while the Hang Seng is up 0.7%. The Shanghai Composite is trading down by 0.1%. US stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between […]
Of Mutual Funds Offloading Small Caps, Depreciating Rupee And Key Stocks In Action Today
There is an interesting dichotomy in the Indian markets these days. On one hand the BSE Sensex is touching life time highs. And on the other, there is no respite for the stocks in the small cap space. The BSE Smallcap index is down 13% year to date. Sensex is up by 12% during the same period. A slew […]
5 Top Cryptocurrency Categories To Choose From For Your Investment Portfolio
Going through crypto categories is the first step to take when developing your cryptocurrency investment portfolio. Here are some of the most popular top cryptocurrency categories and the leading cryptos in each space. Remember that these are just a few examples of many categories in the exciting cryptocurrency world. Also, other people may categorize these […]
