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Ethereum Bulls Charge Ahead: $4K Within Grasp

Mon, 12/02/2024 - 08:00
Ethereum price is moving higher above the $3,600 zone. ETH is showing bullish signs and might soon aim for a move above the $3,800 resistance zone.

Elliott Wave Technical Analysis - JPMorgan & Chase Co. - Monday, Dec. 2

Mon, 12/02/2024 - 07:50
JPM is completing wave (ii) of {v} and is expected to make another leg lower to finish this corrective move.

Stock Futures Lower After S&P 500 Futures Ticked Down 0.18%

Mon, 12/02/2024 - 07:40
Stock futures are trading slightly lower Monday morning as investors gear up for the final month of 2024.

Two Trades To Watch: EUR/USD, FTSE Forecast - Monday, Dec. 2

Mon, 12/02/2024 - 07:30
EUR/USD falls amid French political uncertainty, FTSE inches higher after strong Chinese manufacturing data, but UK data disappoints.

Czech PMI Weakens But Does Not Flip Into Panic Mode

Mon, 12/02/2024 - 07:20
The manufacturing PMI dropped deeper into the contractionary zone in November, coming in below market expectations.

USD/JPY Forecast: Tests Key Support

Mon, 12/02/2024 - 07:10
The US Dollar struggles near 150 yen, with potential for a bullish rebound toward 155 yen or further downside driven by interest rate differentials and technical levels.

French Government On Precipice, Presses Euro Lower

Mon, 12/02/2024 - 06:50
The US dollar is beginning the new week and month on a firm note.

Week Ahead: Powell, OPEC+, And US Jobs Take Focus

Mon, 12/02/2024 - 06:40
As we enter the final month of 2024, various asset classes are set to react to potential US policy signals stemming from Fed Chair Jerome Powell’s speech to the ever-important monthly US jobs report.

New Intraday High On Russell 2000 Last Week

Mon, 12/02/2024 - 06:30
Small-cap bulls had to wait three long years to see a new high on the Russell 2000, but they failed to hang on to the gains last week.

Dash Has Bottomed And It's Turning Bullish As Expected

Mon, 12/02/2024 - 06:20
Digital Cash a.k.a. Dash has bottomed after we spotted the wedge pattern and it's turning bullish from technical and Elliott wave theory as expected.

Weekly Market Pulse: Questions For The New Year

Mon, 12/02/2024 - 06:10
Currently, the highest probability outcome by the end of 2025 is for three more 0.25% rate cuts in the Fed Funds rate to a range of 3.75 – 4%.

Dow Jones Index Elliott Wave Technical Analysis

Mon, 12/02/2024 - 06:00
The market is currently in an impulsive mode, signaling strong upward momentum and an expansion phase.

New Home Sales And Home Prices Argue For Another Cut

Mon, 12/02/2024 - 05:45
New home sales fell by 17.30% in October, marking the most significant monthly decline in ten years.

AUD/USD Stabilizes Amid US Dollar Pressures And Domestic Economic Strength

Mon, 12/02/2024 - 05:30
After benefiting from the US dollar's weakness during the extended US holiday weekend, the currency pair faced new pressures following remarks by US President-elect Donald Trump.

Daily Market Outlook - Monday, Dec. 2

Mon, 12/02/2024 - 05:15
The dollar is gaining momentum on Monday, recovering some of the losses from last week, partly due to unusual supportive remarks from the U.S. President-elect Donald Trump.

Donald Trump Threatens The BRICS Bloc With High Tariffs

Mon, 12/02/2024 - 05:02
On Saturday, US President-elect Donald Trump threatened a bloc of nine countries with 100% tariffs if they acted to the detriment of the US dollar.

S&P 500 Rises To New High As Outlook For 2025 Rate Cuts Improves

Mon, 12/02/2024 - 04:50
Wall Street's bulls had an especially good Thanksgiving week. In addition to having a holiday-shortened work week, they were especially thankful to have the prospect of an additional rate cut in 2025 put back on the table.

Sensex Today Trades Lower; Nifty Below 24,100; Aegis Logistics Drags 6%

Mon, 12/02/2024 - 04:40
Indian share markets are trading on marginally lower with the Sensex trading 347 points lower and Nifty is trading 75 points lower.

Forex Today: Trump Threatens BRICS Against De-Dollarization

Mon, 12/02/2024 - 04:30
President-Elect Trump posted a strong warning to the BRICS nations over the weekend against pursuing an alternative currency of reserve to the US Dollar.

Why BTCUSD Is Our Largest Position…

Mon, 12/02/2024 - 04:21
For the past few months, we have consistently pounded the table on the major compression regime in BTCUSD and the big inbound trend.

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