BTC/USD Forecast: Bitcoin Continues To Test 100K
During my daily analysis of BTC, the most obvious thing to pay attention to is the fact that Thursday was like a wild goose chase, as the market dropped all the way down to the $92,000 level, after initially trying to break above the $104,000 level!
Broadcom Stock Unique Pattern Points To AVGO Hitting $200
AVGO stock has formed an ascending triangle chart pattern. The company will publish its financial results later this week. There are rising odds that it will jump to $200 soon.
Meta Platforms Inc. Stocks Elliott Wave Technical Analysis - Monday, December 9
Looking for upside into at least MediumLevel 650$. As wave 3 was as long as wave 1 we could also expect an extended wave 5 of (5) taking us towards the next TradingLevel at 800$.
US Dollar Bid Returns After Solid Economic Data
The US Dollar has made a comeback after the latest round of solid economic data out of the US.
The NFP Report Increased The Likelihood Of A Fed Rate Cut Next Week
Nonfarm Payroll Employment rose by 227,000, exceeding the estimate of 214,000, recovering from the bad weather and strikes seen in October. Following the report, traders raised the probability of a December rate cut to 90% from 70%.
Gold Forecast: Gold Continues To See Supporters
The gold market plunged overnight, there is most certainly quite a bit of support just below as we have seen over the last 2 weeks.
WTI Crude Oil’s Seasonal Strength Meets OPEC+ Challenges
WTI Crude Oil demonstrates a compelling seasonal pattern between December and early March, historically yielding an annualized return of +39.26% over the last 25 years.
AUD/USD Price Forecast: Bullish Reversal Move Looks Likely
AUD/USD jumps to near 0.6420 with investors focusing on the RBA monetary policy announcement on Tuesday.
Sensex Today Trades Marginally Lower; Nifty Below 24,700
Indian share markets are trading on negative note with the Sensex trading 76 points lower and Nifty is trading 20 points lower.
FX Daily: Little Reason To Leave The Dollar Now
After a brief sell-off on Friday’s US jobs report, the dollar has returned bid.
BTC/USD Forex Signal: Bitcoin Rally Has Room To Run
Bitcoin price held steady around the $100k level as technicals pointed to more gains in the coming weeks.
Oil Prices Rise Amid Middle East Tensions, But Weak Demand Caps Gains
Oil prices were in the green as tensions in the Middle East grew after the fall of Syrian President's regime.
Elliott Wave Technical Analysis - Bitcoin Crypto Price News - Monday, Dec. 9
Wave (3) appears to have ended and the price is now entering a correction phase in wave (4).
Digital Euro: The Dangers Of CBDC
A central bank digital currency is surveillance disguised as money.
Amid Geopolitical Hotbeds, Asia Starts The Week With Cautious Optimism
On Monday, all eyes will be on China as it releases its November inflation data.
UnitedHealth Tragedy Opens Deep Healthcare Wounds
Only 5% of respondents ranked the services provided by health insurers as excellent, with about a third classifying them as poor. It is perhaps unsurprising: Insurers are people’s financial interface with a highly dysfunctional system.
Market Briefing For Monday, Dec. 9
Secular bull and secular bear markets experience cyclical bull and cyclical bear markets as well as economic expansions and contractions.
Current Report: Bayerische Motoren Werke (BMWKY)
BMW sold 2.8 million vehicles in 2023 (2.6 million being passenger cars). BMW’s core competence is in the "affordable" luxury channel, with limited exposure to high-end priced vehicles.
Elliott Wave Insights: Tech Giants And Major Indices Enter Key Correction Waves
Elliott Wave analysis for top tech stocks and major indices like Nasdaq and S&P 500. Discover how Apple, Amazon, Nvidia, Meta, Netflix, Alphabet, Microsoft, Tesla, and Bitcoin are approaching key correction phases to inform your strategies.
Homes For Christmas
What about those people that don’t own their homes or can’t afford one? That’s the problem that we will focus on.