The euro is expected to remain under pressure against the US dollar in the near term, but we anticipate volatility around the US inflation report on Wednesday and the European Central Bank's decision on Thursday.

The Federal Reserve is on the brink of initiating a rate-cutting cycle, with short-term interest rate (STIR) markets pricing in four full rate cuts by year-end.

The first thing I noticed is that the market is running into trouble above the 50 Day EMA.

If correct, Minor Wave 5 Grey is progressing higher and can also be sub divided into Minute Waves (i), (ii), (iii) and (iv) respectively. Minute Wave (v) Navy is unfolding higher at the time of writing and prices should likely stay above 4275.

As of July 2024, the median new home sold in the United States has been above the threshold of affordability for a family earning the median household income for 28 consecutive months.

While the psychedelic compound-based drug market is expected to triple over the next few years which should create many winning stocks in the years to come, the stocks of the companies involved are having growing pains.

The GBPAUD daily chart analysis reveals a strong bearish trend with the impulsive navy blue wave 3 currently unfolding.

When you put it all together, it's clear we shouldn’t have any confidence in the Federal Reserve. It is plugging bad data into a faulty model. This isn’t exactly a recipe for success.

We’re back to seeing some Dollar selling and demand for stocks after things had gone south at the end of last week. Stocks were already happy to bid back up on Monday, before the US Dollar finally relented later in the day.

Bitcoin price rose for the third consecutive day as risk assets rebounded. The BTC/USD pair rose to the important resistance point at 57,000, a big jump from last Friday’s low of 52,563.

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. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.

Perhaps the whole pattern is developing as a Diagonal, and since the low of 126.69, the (v)-orange wave is continuing to push higher as a Zigzag. 

We learned a long time ago that we wanted to know what smart professional investors were doing. It’s always better to know who is smart rather than being smart yourself.

As Thomas Jefferson warned, “The evils of this deluge of paper money are not to be removed until our citizens are generally and radically instructed in their cause & consequences.”

On Tuesday, Asian stocks experienced a modest advance; however, they were unable to maintain an optimistic rally on Wall Street due to concerns regarding the Chinese economy's decline.

In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.

Ford Motor Co. (F) manufactures automobiles under its Ford and Lincoln brands. Over the past year, Ford’s share price fell about 13.4% from $12.30 to $10.65 as of Monday’s market close.

China’s trade data due for release today could throw some more light on the overcapacity question.

Fundamentals for Gold and gold stocks are quietly strengthening as odds of a major slowdown or recession are rising. Expect fundamentals to be strongest in 2025.

Stocks finished the day higher, gaining around 1% on the S&P 500. It felt like a day of implied volatility crush, amplified by a negative gamma regime. There didn’t seem to be a better way to describe it.