US JOLTS Job Openings Expected To Resume Downward Trend In September
The US JOLTS data will be watched closely by investors ahead of the release of the October employment report on Friday.
Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar - Tuesday, Oct. 29
The wave cancellation level at 0.69501 remains a crucial reference for validating the bearish wave structure and overall outlook.
FX Daily: Watch The Liquidity Factor
The proximity to the US election can favor more deleveraging in FX, raising risks that less liquid currencies will face the pressure reserved for Trump-risk proxies.
Ethereum Price Follows Bitcoin’s Rally, But Momentum Falls Short
Ethereum's price started a fresh increase above the $2,550 resistance. ETH is following Bitcoin’s rally, but it is lacking the same strength.
USD/CHF Steadies Near 0.8650, Upside Seems Possible Amid Higher US Treasury Yields
USD/CHF remains subdued following the losses from the previous session, hovering around 0.8650 during Asian trading hours on Tuesday. This downside of the pair could be limited due to solid US Dollar (USD) amid higher Treasury yields.
XAG/USD Rises To Near $34.00 Amid Geopolitical Risks, Looming US Presidential Election
Silver price (XAG/USD) gains traction to near $33.90 during the early European session on Tuesday.
Amazon Earnings Loom: Are Shares A Buy?
Amazon shares reflect an excellent opportunity for investors to obtain exposure to cloud computing thanks to Amazon Web Services (AWS).
HSBC’s $3b Share Buyback: What It Means For Investors After Q3 Earnings Beat
HSBC, Europe’s largest bank, announced a $3 billion share buyback following an impressive third-quarter earnings report that exceeded analyst forecasts.
TLT: Bonds Selling Off For These Reasons. So, What Does It Mean For Stocks?
Here are a few things to keep in mind about the iShares 20+ Year Treasury Bond ETF (TLT) and stocks.
The Commodities Feed: Supply Risks Subside For Now
The oil market sold off aggressively yesterday after Israel’s measured response over the weekend. While it is still not clear if and how Iran will retaliate, the market is clearly of the view that supply risks have eased for now.
Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Oct 29
The craziness continues with the markets gapping higher on Sunday's Globex openings creating a situation where the possibility that the ES and NQ were not finishing up minute 4th waves.
3 Key Quarterly Reports To Watch This Week
Earnings season has picked up notable steam over the last week, with a nice variety of companies delivering quarterly results. The Q3 cycle looks to be positive, underpinned by another robust showing from technology.
Gold Trading Strategy, XAUUSD Analysis & Forecast - Tuesday, Oct 29
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?
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Tuesday, Oct 29
The correction in wave IV seems to be over so we focus on the five-wave rally of wave V. The price action remains in an uptrend, and we are looking for a re-entry into the trend.
USD/CAD Hovers Near 1.3900, Three-Month Highs Amid Lower Crude Oil Prices
USD/CAD holds its position near 1.3890 during the Asian trading hours on Tuesday, close to its three-month high of 1.3908, recorded on Monday.
Reporting Companies Up Big In Late Trading
A healthy start to the trading week relied mostly on speculative valuation, as much of the factual reportage has yet to materialize. What we mean is most of the meaty reports with the potential to sway trading trajectories haven’t happened yet.
Elliott Wave View: Nasdaq Futures May See Further Upside
Short Term Elliott Wave View in Nasdaq Futures (NQ) suggests the rally from 10.1.2024 low is in progress as 5 waves. Up from 10.1.2024 low, wave ((i)) ended at 20680 as the 1 hour chart below shows.
Current Report: Exco Technologies Ltd
Exco is a designer, developer, and manufacturer of dies, molds, and consumable equipment for the die-cast, extrusion, and automotive industries. Over the past year, Exco’s share price went up 13% from $5.54 to $6.26 as of Monday’s market close.
Gold Price Moves Back Above $2,750 Level, Closer To All-Time Peak
Gold price (XAU/USD) ticks higher during the Asian session on Tuesday and moves closer to the top end of a short-term trading range held over the past week or so.
WTI Plunges To Near $67.50 As Crude Oil's Middle East Risk Premium Fades
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.55 on Tuesday.