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Brent Crude Stumbles As Market Sentiments Turn Cautious

Tue, 11/12/2024 - 06:10
Brent crude oil prices have continued to slip, touching 71.74 USD a barrel on Tuesday. This marks a downturn influenced by China's underwhelming stimulus measures.

Two Trades To Watch: GBP/USD, DAX Forecast - Tuesday, Nov. 12

Tue, 11/12/2024 - 06:00
GBP/USD falls as unemployment rises. DAX falls as Trump risks hit sentiment.

The Golden Road To $20,000 And Dow's Lost Decades Ahead

Tue, 11/12/2024 - 05:45
The Dow finds itself historically stretched from its midline. Where it returns, nobody knows, but one thing is certain: The current level of the Dow intersects its channel midline in 2042, 17 years from now.

Swing Trading Holiday Seasonal Patterns

Tue, 11/12/2024 - 05:30
The holiday season presents unique opportunities for swing traders who understand the market’s behavior during these low volume periods.

Daily Market Outlook - Tuesday, Nov. 12

Tue, 11/12/2024 - 05:15
Asian stocks declined while the dollar remained at four-month highs on Tuesday.

Elliott Wave Technical Analysis: U.S. Dollar/Canadian Dollar - Tuesday, Nov. 12

Tue, 11/12/2024 - 05:00
The analysis identifies an ongoing impulsive wave pattern, which is moving in an upward trajectory.

Bitcoin Hits An All-Time High Above $88,000

Tue, 11/12/2024 - 04:50
Bitcoin remained above the $88,000 mark on Tuesday, holding steady after rising more than 10% to new all-time highs in the previous session.

Exuberance – Investors Have Rarely Been So Optimistic

Tue, 11/12/2024 - 04:40
While optimism plays a role in market growth, unchecked exuberance often leads to corrections as markets adjust to reality.

Gold Forecast: Plunges On Monday Morning

Tue, 11/12/2024 - 04:30
There are a lot of different things going on right now, but the one thing that we had seen recently, was that both the US dollar in the gold market could go up at the same time.

Sensex Today Trades Higher; Nifty Above 24,200; Triveni Turbine Jumps 7%

Tue, 11/12/2024 - 04:20
Indian share markets are trading on positive note with the Sensex trading 65 points higher and Nifty is trading 26 points higher.

BTC/USD Forex Signal: Bitcoin Price Surge To Continue

Tue, 11/12/2024 - 04:10
Bitcoin price surge gained steam in the overnight session as the bullish momentum gained steam.

Pound Sterling Declines As UK Unemployment Rate Jumps To 4.3%

Tue, 11/12/2024 - 04:00
The Pound Sterling slumps to nearly 1.2800 against the US Dollar after the release of the weak UK employment data.

FX Daily: Options Market Suggests Active Engagement In Dollar Rally

Tue, 11/12/2024 - 03:50
As the dust settles after last week's US election results, global markets are settling into core trades of a firmer dollar, higher US equities and higher terminal rate from the Fed.

Gold In Store For More Losses As Firm Dollar, Trump 2.0 Spook Market

Tue, 11/12/2024 - 03:40
Gold prices remained in bear territory as a stronger dollar limits demand among overseas buyers.

EUR/USD & EUR/GBP: Key Support Levels Under Pressure

Tue, 11/12/2024 - 03:30
After breaking the upward channel, EUR/USD continues to fall but is now facing support at the 1.06839 level.

Elliott Wave Technical Analysis - NIKKEI 225 Index

Tue, 11/12/2024 - 03:20
Traders are advised to monitor price movements closely in relation to the invalidation level of 35,109.

Trump Trade Back In Full Swing

Tue, 11/12/2024 - 03:10
The Trump trade is back in full swing as the market continues to consider the impact of US tariffs and US tax cuts from the incoming administration.

USD/CAD Rises To Near 1.3950 Due To Trump’s Proposed Fiscal Policies, Lower Oil Prices

Tue, 11/12/2024 - 02:25
USD/CAD extends its winning streak for the third consecutive day, trading around 1.3950 during the European session on Tuesday. The US Dollar (USD) continues to gain strength following the confirmation of Trump’s victory in the US election.

UK Wage Growth Remains Sticky Despite Cooling Jobs Market

Tue, 11/12/2024 - 02:05
UK wage growth appears stuck in the 4.5-5% area, despite falling private sector employment and lower vacancy rates. Further declines in wage growth are coming, but not immediately. For the time being, the Bank of England will remain cautious.

Forex: Trump Rolls Out His China Hawk Pageant

Tue, 11/12/2024 - 01:45
Trump’s emerging team of high-profile China hawks signals a clear shift in policy tone for his next term.

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