We are looking for downside into what appears to be an Intermediate wave (2). If we were to break and found resistance on top of 400$ we could expect further downside towards MG2 of 300 at 380-372-365.
In this update we review the recent price action in the emini SP500 futures contract and identify the next high probability action areas and price targets for the trading week ahead
In the last trading session of last week, the bulls’ control over the USD/JPY pair culminated in a move towards the resistance level of 158.88, the highest level for the pair in six months.
Thinking that Bitcoin holds above $92K? I can‘t be yet that certain and doubted resiliency expectations on the weekend – backtesting the low $70K area is still within the realm of possibilities no matter how well cryptos are holding for now, still.
Investors took their cues from several influential forces. Last week’s strong U.S. jobs report cast doubt on whether the Fed will deliver meaningful rate reductions this year.
The Australian Dollar to US Dollar currency pair (AUDUSD) is currently in a counter-trend phase, as indicated by Elliott Wave Analysis on the daily chart.
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close.
You can see that during the trading session on Friday, the US dollar really took off against the Swiss franc as the jobs number in America came out hotter than anticipated.
Lithium price are likely to improve in 2025 as global oversupply shrinks and mines remain shut. Demand for electric vehicles in China is likely to support lithium prices this year.
EUR/GBP extends its upward momentum as the Pound Sterling struggles amid mounting concerns over stagflation in the UK. The Pound Sterling faces challenges as a 30-year UK gilt yield has climbed to 5.36%, its highest level since 1998.
ETH appears to be in the final stages of Wave II, which is subdividing into an “ABC” correction. Wave (C) is in progress, with a potential downside target near the 0.618 Fibonacci retracement level ($2,891.52).
USD/CHF trades in positive territory for the fifth consecutive day round 0.9170 in Monday’s early European session. The stronger US December employment report supports the USD. Trump policy risks and safe-haven flows could boost the CHF.
Money-supply growth rose year over year in November for the fourth month in a row, the first time this has happened since the four months ending in October of 2022.
GBP/JPY tests the lower boundary of the descending channel at 190.80 level. The 14-day RSI declines toward the 30 level, reinforcing the persistent bearish bias. The nine-day EMA at 194.52 appears as the primary resistance.
Wave count is changed to maximize the probability. Wave (4)-orange is probably developing as a Triangle, and needs a little more time to complete, then wave (5)-orange will unfold to push higher.
There is nothing surprising about the Friday decline, other than it not happening sooner. It has more to go, but could be interrupted by pending rebound into midweek.
A discussion about the intricate dynamics of recent and anticipated market trends, focusing on fiscal dominance, policy interventions, and macroeconomic uncertainties.
If the tumultuous response in U.S. stocks, bonds, and the dollar to the red-hot U.S. employment report is any sign, Asia markets are set for a turbulent start on Monday.
Last week saw continued risk-off sentiment, with fears of President-Elect Trump's recent tariff threats, as well as slowing growth data in many G20 nations. This was accompanied by a bullish focus on the US dollar, with US treasury yields rising.
Applied Digital Corporation is set to report its second-quarter fiscal 2025 results on Jan. 14. Here's a look at how things are shaping up for the company before the report.
After explaining to my daughter the probabilities behind a game like Keno, I broke down the concept of breaking even. That same concept can be seen in markets all the time.
The US dollar initially fell against the Canadian dollar during the course of the trading week, before it then turned around to form a massive hammer. This seemingly demonstrated just how much upward pressure has been seen in the currency pair.
Hollywood, Fla.-based Heico Corp. is the world’s largest independent producer of replacement aircraft parts. There is no doubt that Heico is a growth stock. Thus, it may be worth closer consideration in 2025.
Bitcoin’s decline may be linked to EU/US MiCA regulations targeting Tether. In the silver market, we’re seeing tightness driven by anticipated tariffs.
The cryptocurrency market has been on a significant downtrend that has affected most cryptocurrencies. As the first full week of 2025 comes to an end, we can see that most digital assets have been trading in the red.
Economic strength, encouraging service activities, increased adoption, and the success of the work-from-home trend have enabled consulting services industry players to support demand. Investors in the space may do well to keep an eye on these stocks.
Shares of Hong Kong interior design company Mint and business solutions provider 3 E Network Technology started trading on the Nasdaq earlier this week. Additionally, Zhengye Biotechnology opened on Jan. 7.
Forward rates suggest three-month Treasury yields could rise by 15-20 basis points in the next 12-18 months, implying a potential rate hike if economic data remains strong and inflation persists. The steepening yield curve supports this outlook.
The following 3 stocks have high dividend yields above 3% and total expected returns above 10%, making them among our top picks for the New Year in 2025.
There are many ways to measure high-quality stocks. One way for investors to find great dividend stocks is to focus on those with the longest histories of raising dividends.
