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Silver Price Analysis: XAG/USD Finds Support Near $22.50, Downside Remains Intact

Thu, 01/18/2024 - 01:40
Silver price discovers an intermediate support after a sharp correction to nearly $22.50 in the late Asian session.

Russell 2000 Rally Should Fail For More Downside

Thu, 01/18/2024 - 01:20
Short-term Elliott Wave View in Russell 2000 suggests the decline from the 12.28.2023 high is unfolding as a double three Elliott Wave structure.

SPDR ETF Report For Wednesday, January 17

Thu, 01/18/2024 - 00:55
In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day just ended, Wednesday, January 17.

GDP Trajectory: The View From Wall Street

Thu, 01/18/2024 - 00:35
The mean forecast trajectory keeps on rising as actual GDP outcomes keep on surprising on the upside, but forecasts are pretty dispersed

OPEC Sees Strong Oil Demand Growth In 2025

Thu, 01/18/2024 - 00:15
Higher global economic growth and solid Chinese activity will lead to a strong rebound in global oil demand, which will grow by 1.8 million barrels per day in 2025, OPEC said on Wednesday

4 Hour Chart Elliott Wave Technical Analysis: USDJPY - Thursday, January 18

Wed, 01/17/2024 - 23:50
The analysis is oriented towards identifying potential market movements within a counter-trend context.

AUD/JPY Extends Its Gains After The Aussie Economic Data, Trades Near 97.10

Wed, 01/17/2024 - 23:30
AUD/JPY extends its gains for the second straight session, improving to near 97.10 during the Asian trading hours on Thursday

GBPJPY Hits New Heights Amid Rising Price Channel: Key Points To Watch

Wed, 01/17/2024 - 23:10
Today’s Forex market sees GBPJPY successfully extending its upside movement. Originating from 178.72, the pair has surged as high as 188.10

Metals Report For Wednesday, January 17

Wed, 01/17/2024 - 22:50
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.

Markets Slide On Mostly Positive Earnings, Economic Data

Wed, 01/17/2024 - 22:30
Markets continue their slide this Hump Day, with a new Beige Book this afternoon demonstrating mild strength in most areas and modest declines in others

Q4 Earnings Season Kicks Off Positively

Wed, 01/17/2024 - 22:10
We are off to a good start in the Q4 earnings season, with an above-average proportion of companies beating EPS estimates. On the flip side, companies appear to be struggling to beat revenue estimates

Elliott Wave Technical Analysis: AAVEUSD - January 18

Wed, 01/17/2024 - 21:47
AAVE's rise appears to have ended at the 1239.956 level, which was a five-wave Impulse rally in Wave 1. Therefore, the next price structure is a Wave 2 correction pattern with a retracement level of 61.8. % Wave 1

Fresh Tumblers

Wed, 01/17/2024 - 21:25
In this article, we list Below ten lesser-known charts from my watch list that are unfolding beautifully as bearish prospects.

The Commodities Feed: Further Pressure On The Complex

Wed, 01/17/2024 - 21:05
Uncertainty over the path the Fed takes this year with monetary policy continues to weigh on risk assets, including commodities

This Crown Reversal Could Be Our Biggest Win Of The Week

Wed, 01/17/2024 - 20:44
Emini and Nasdaq are sitting on major support below a range – the perfect place for a bullish reversal!

Financial Markets Report For Wednesday, January 17

Wed, 01/17/2024 - 20:30
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, January 17.

How Much Will That GOP Deal On Child Tax Credits Really Cost?

Wed, 01/17/2024 - 20:10
We have a new number on the deal the House Republicans agreed to. It’s $1.5 trillion over ten years. That does not include an Affordable Housing giveaway.

EURUSD Continues Downward: Key Levels And Forecasts

Wed, 01/17/2024 - 19:50
Making moves on the Forex market today, the rate of EURUSD has extended its downside movement from 1.1139 to hit as low as 1.0844.

The Stars May Finally Be In Alignment For The Markets Next Move

Wed, 01/17/2024 - 19:31
Stocks finished lower today as rates rose globally and the dollar strengthened. Many forces are at work, making for a potentially volatile situation for the stock market, especially as we head into earnings seasons

WTI Maintains Gains After API Reports Unexpected Crude Build

Wed, 01/17/2024 - 19:10
Oil prices closed higher today, back inside their YTD range, following OPEC's forecast that global oil demand will continue to increase strongly next year and exceed growth in supplies

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