Elliott Wave Technical Analysis Day Chart: New Zealand Dollar/U.S. Dollar – Thursday, Dec. 7
Image Source: Pixabay NZDUSD Elliott Wave Analysis Trading Lounge Day Chart, 7 December 2023New Zealand Dollar/U.S. Dollar (NZDUSD) Day ChartNZDUSD Elliott Wave Technical AnalysisFunction: TrendMode: corrective as red wave 4Structure: red wave 4 of 3Position: Black wave 1Direction Next Higher Degrees: red wave 5 of 3Details; red wave 4 of blue wave 3 is in play, […]
If We See Stock Market Mean Reversion, Heads Will Spin
Image Source: PexelsWhen you do this for a while, there are years that really stick in your head when it comes to the notable and quotable dates of stock market lore. The years 1999 and 2000 are among them, for reasons of the end of the dot-com bubble. Keep those two specific years in mind as […]
Rates Spark: Science Fiction?
The 10Y UST yield is closing in on the 4% mark as if a weak jobs report tomorrow was a given. But underlying is also a further slide of inflation expectations. The front end is lagging, however, and being already priced aggressively for cuts, it will probably need these to become more imminent to rally further. Image […]
Elliott Wave Technical Analysis: BNBUSD – December 7
Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, 7 December 23,Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: FlatPosition: Wave CDirection Next higher Degrees: wave (2) of ImpulseWave Cancel invalid level:Details: wave (2) may end at 224.0 and the price increase again in wave (3)Binance/ U.S. dollar(BNBUSD)Trading Strategy : Binance’s recovery has been good, […]
SPDR ETF Report For Wednesday, December 6
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Wednesday, December 6.Video Length: 00:15:36More By This Author:Financial Markets Report For Wednesday, December 6Metals Report For Wednesday, December 6SPDR ETF Report For Tuesday, December 5
Highly Ranked Stocks Poised To Move Higher In December
Image Source: PixabayQuite a few top-rated Zacks stocks are near or at their 52-week highs and may be able to lead what is hopefully an end-of-the-year rally among the broader market.Belonging to the Zacks Rank #1 (Strong Buy) list here are three of these highly ranked stocks to consider as we get closer to rounding out […]
Bearish Signals: Wrapping Up The Day With Chart Analysis
Image Source: PexelsJust a few good-looking bearish charts to wrap up the day.ENPHFCXHALHBANMore By This Author:Bullish Signs For Precious Metals Miners, But Crypto Correlation LoomsApproaching Rough Waters: A Cautionary Look At Royal CaribbeanDiamond Lifetime High
AUD/USD Keeps The Red Near Two-week Low, Around 0.6535-30 Area After Chinese Trade Data
Image Source: Pixabay AUD/USD remains under some selling pressure for the fourth successive day on Thursday. China’s economic woes and RBA rate cut bets weigh on the Aussie amid the recent USD rally. Dovish Fed expectations might cap any further USD gains and lend some support to the pair. The AUD/USD pair turns lower for the […]
Financial Markets Report For Wednesday, December 6
Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, December 6.Video Length: 00:18:22More By This Author:Metals Report For Wednesday, December 6SPDR ETF Report For Tuesday, December 5Financial Markets Report For Tuesday, December 5
Gold Price Is Front Running 2024 Rate Cuts
Image Source: PixabayImage Source: PixabayThe gold price is off of its all-time highs that it set on Friday of last week, and again on Sunday night. But it’s still trading over the $2,000 mark, and about $200 higher than where it stood during early October.What’s driving the rally, and why does the gold price keep popping above […]
