It Is The Last Month Of 2024
We are in the last month of 2024 and it is clear that many investors have already significantly reduced their activities.
GBP/USD Continues Its Rally: Third Day Of Buying
The GBP/USD pair has risen to 1.2711, marking the third day of sustained buyer activity.
The Gold Bull Market Still Has Another 6 Years To Run
Over the past 4 trading days, GLD has failed to bounce back into the standard deviation channel as buying interest has waned.
Daily Market Outlook - Thursday, Dec. 5
Asian markets displayed mixed results on Thursday after Wall Street reached record highs.
Bitcoin Has Surpassed The $100,000 Mark For The First Time
Bitcoin prices soared above the key $100,000 mark on Thursday, hitting new all-time highs, as Donald Trump’s imminent return to the White House sparked optimism for a more favorable regulatory environment for the digital assets industry.
Seasonal Strength: Dax’s Strong Year-End Rally
Germany’s business outlook worsened in November, with the Ifo index dropping to 85.7, lower than expected, due to political instability and concerns over potential US trade tariffs under a Trump re-election.
Pound Sterling Gains As BoE Bailey Sticks To Gradual Easing Approach
The Pound Sterling rises as BoE Governor Andrew Bailey sticks to follow a gradual policy-easing approach.
Elliott Wave Technical Analysis: U.S. Dollar/Japanese Yen - Thursday, Dec. 5
The analysis provides traders with a structured framework to interpret the market’s upward movement.
Forex Today: Bitcoin Breaks $100,000
Bitcoin, the world’s largest cryptocurrency, traded above $100,000 for the first time ever today.
Sensex Today Trades Higher and Nifty Above 24,500
Indian share markets are trading higher with the Sensex trading 203 points higher and Nifty trading 50 points higher.
BTC Report: Trading Volume Skyrockets, Price Soars Past $100k
Bitcoin has reached a record high of $103,091.89 at the time of writing, driven by significant spot Bitcoin ETF inflows and increased market activity.
Gold Must Demonstrate Resilience To Downward Pressure For Sustained Upside Potential
Gold was little changed on Thursday as safe haven demand was limited despite France and South Korea turmoil.
Lilly Tops Nordisk In Weight Loss Battle
The two market-leading weight loss/obesity drugs (GLP-1), Zepabound (Eli Lilly) and Wegovy (Novo Nordisk), just completed a clinical side-by-side trial.
FX Daily: Most Focus Is On The Yen
FX markets are consolidating ahead of tomorrow’s big US jobs release and the dollar is a little softer after the ISM Services release disappointed expectations yesterday.
USD/CAD Forecast: US Dollar Dips Slightly Against Loonie
Friday is going to be the biggest day for this pair in the near future. This is because the Non-Farm Payroll announcement comes out of the United States, as well as the Employment Change numbers from Canada.
Elliott Wave Technical Analysis IBEX 35 Index
The analysis provides traders with a comprehensive framework to interpret the bullish momentum within the IBEX 35 market.
Looking Ahead To The Q4 Earnings Season
For 2024 Q4, total S&P 500 earnings are currently expected to be up +7.5% from the same period last year on +4.7% higher revenues.
Metal Markets Report For Wednesday, Dec 4
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.
A Contrarian View On Recession Probabilities: Are We Out Of The Woods?
It’s interesting that the term spread model estimated over the entire sample — including the pandemic period — indicates a greater than 50% probability this month (December) as well as a few times in 2025.
Gold Trading Strategy, XAUUSD Analysis & Forecast - Thursday, Dec 5
Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD?