New Record Highs For Cocoa, Bitcoin And Nasdaq 100. Who’s Next?
Cocoa surged beyond $12,000 per tonne, reaching its highest levels since April due to mounting concerns over West Africa’s mid-crop outlook.
Daily Market Outlook - Tuesday, Dec. 17
Asian markets experienced mixed performance overnight, as investors await a series of interest rate decisions from central banks, including the Federal Reserve, scheduled for this week.
Stock Analysis: Bitcoin Well Inc.
Bitcoin Well Inc. reported a solid Q3:24 led by strong growth in its Online Portal segment.
EUR/USD Holds Steady Ahead Of Crucial Federal Reserve Meeting
The EUR/USD pair is trading neutrally around 1.0510 as market participants adopt a cautious stance ahead of the Federal Reserve's upcoming decision on interest rates.
Gold Trading Strategy Today - Tuesday, Dec. 17
Gold price prediction based on the technical analysis.
Elliott Wave Technical Analysis - NIKKEI 225 (N225) Index
The NIKKEI 225 weekly chart reflects a clear bullish trend supported by the completion of wave 2 and the ongoing development of wave 3.
Shiba Inu Unveils New Meme Coin ‘SHIFU’: Everything You Need To Know
The Shiba Inu ecosystem on Tuesday announced an exclusive airdrop of its new meme coin, Shifu (SHIFU). Shiba Inu partnered with the Imaginary Ones ecosystem to launch the new meme coin. SHIFU has a total supply of 100,000,000,000 tokens.
AUD/USD Forex Signal: Falling Wedge Pattern Forms
The AUD/USD exchange rate remained on edge at a crucial support level after the relatively weak Chinese economic numbers. It was trading at 0.6370, a few points above last week’s low of 0.6338.
European Indices Under Pressure
Equity markets in Europe were mostly down on Monday.
EUR/JPY Trades Below 161.50 After Pulling Back From Four-Week Highs
EUR/JPY retreats after hitting a four-week-high of 162.47 on Tuesday. The German IFO Business Climate came in at 84.7 in December, down from November’s 85.6 reading.
Uranium Miners ETF Correction Should Find Support
The Global X Uranium ETF (URA) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Uranium & Nuclear Components Total Return Index.
Permabull? Hardly
Labeling investors as “permabulls” or “permabears” oversimplifies the complexities of portfolio management, which requires responding to evolving market dynamics.
GBP/USD Forex Signal: Bearish Flag Chart Pattern Forms
The GBP/USD pair rose slightly as traders prepared for the last busy week for the UK and the US of the year.
Sensex Today Trades Lower; Nifty Below 24,650
Indian share markets are trading on negative note with the Sensex trading 213 points lower and Nifty is trading 61 points lower.
BTC/USD Forex Signal: Bitcoin Breaks $107,000, How Much Higher?
Bitcoin has broken above the recent high around $105,000. The coming days will show whether this breakout will hold or collapse.
A Tale Of Two Economies
Financial markets are looking at quite a contrast between developments in the US and abroad.
FX Daily: Waiting On The Last Big Macro Events Of The Year
USD has continued to buck seasonal depreciating trends thanks to a still-high short-term swap rate.
Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar - Tuesday, Dec. 17
The market remains in an impulsive phase, with micro wave 3 progressing downward.
US Dollar Index Rebounds To Near 107.00 As US Retail Sales Data Loom
The US Dollar Index (DXY) posts modest gains to around 106.90 against major currencies during the early European session on Tuesday.
Oil Prices Struggle To Hold Gains Amid Faltering China Demand
Oil prices were lower on Tuesday as weak demand from China dampened sentiments.