Two Trades To Watch: USD/JPY, FTSE Forecast
USD/JPY rose to a 34-year high & is on intervention watch. FTSE falls despite Chinese industrial profits rising.
Japanese Market Commentary - Wednesday, March 27
USDJPY is reversing heavily today following further comments from Japanese officials after the Yen weakened to its lowest level against USD in 34 years.
China’s Economy Is Not In A Great Decline But A Great Transition
China's near-term challenges and long-term uncertainties are plentiful, but the widespread pessimism towards the Chinese economy and markets feels excessive. We think the country's in a necessary transition rather than in any long-term decline.
Australian Dollar Slides To Three-Week Low
The AUD/USD pair is declining, reaching 0.6539 on Wednesday.
Bitcoin Price Is Trying To Hold Above The $69500 Level
Bitcoin takes a step down and retreats below the $70,000 level. We are seeing a bearish impulse that could take us down to test last night’s support level.
Ripple Devs Prepare For AMM Reactivation Following The Latest Hiccup
The XRPL automated market maker encountered a transaction glitch shortly after launch. Developers will vote for the protocol amendment within two weeks. XRP maintained sideways price actions below $0.75.
USD/CHF Rises To Four-Month High Near 0.9050 Ahead Of US Economic Figures
USD/CHF moves in the positive direction, driven by a stronger US Dollar (USD), possibly influenced by a risk-off sentiment.
Market Briefing for Wednesday, March 27, 2024
Investors want the market to march forward, and it may succeed in the very short-term, but this particular S&P phase is long-in-the-tooth, and for that matter momentum is slow.
EUR/USD Forex Signal: Bears Are Still In Control
The EUR/USD pair pulled back slightly after the weak US consumer confidence report.
Sensex Today Trades Higher; Nifty Tops 22,100
Indian share markets are trading higher with the Sensex Up by 330 points and Nifty down 110 points.
Elliott Wave Technical Analysis: ASX: Woodside Energy Group
Our analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.
China: Industrial Profits Hit A 25-Month High Amid Signs Of Bottoming Out
China's industrial profits reached a 25-month high of 10.2% YoY ytd in the first two months of 2024. Combined with earlier industrial production data, we see positive signs for industrials having bottomed out.
Metals Report For Tuesday, March 26
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.
EUR/JPY Recovers Losses On Possible Japanese Intervention, Trades Around 164.10
EUR/JPY moves back and forth with a negative tone as the Japanese Yen (JPY) is under selling pressure following the dovish tone of the Bank of Japan (BoJ).
USDCHF Breaks Higher: Uptrend Resumes Or Bullish False Start?
USDCHF has displayed a bullish breakout after a consolidation phase, hinting at a continuation of the uptrend. This analysis examines the technical situation and explores potential scenarios for the currency pair.
Elliottwave Technical Analysis: Binance Coin Crypto News
Binance Coin Crypto News Today - Elliottwave Technical Analysis
Supply Chain Woes Rock The Boat
USDJPY lurched higher after the Tokyo and CNY Fix and is on a collision course to test 152.00, which is a big round number and a level of importance in many minds.
Nikkei Looking To End Impulsive Rally
Short Term Elliott Wave view in Nikkei (NKD) suggests pullback to 38136 on 3.12.204 low ended wave 4. Index then turns higher in wave 5. The rally from 3.12.2024 low is in progress as a 5 waves impulse.
Top Momentum Stocks Supported By Sizeable Dividends
Investors are always looking for stocks with strong momentum whether it be positive news surrounding a new business development or better-than-expected financial results.
Make Tickers Great Again
The first day out for DJT was a smashing success, although I’d quietly point out that when DWAC was trading back in October 2021, it was substantially higher. All the same, this has been a very powerful stock for months.