The Dollar Index Fell To A Two-Week Low
Image Source: At Wednesday’s close, the Dow Jones Industrial Average (US30) was down 0.31%. The S&P 500 Index (US500) was down 0.38%. The Nasdaq Technology Index (US100) decreased by 0.85%. …
Read MoreFinancial
BTC Report: UltraShort Bitcoin ETF Hits Record Volumes; BTC Holds $95k
Bitcoin’s price hovers around $95,000 as industry trends highlight a $40 billion miners’ market cap and a surge in UltraShort Bitcoin ETF volume.Bitcoin () has seen significant market activity recently, …
Read More EUR/USD Forecast: Euro Gains Amid Dollar Weakness
The Euro has rallied a bit during the early hours on Wednesday as we have seen the United States dollar give back some of its gains. The US dollar was …
Read More Elliott Wave Technical Analysis – The TJX Companies Inc.
The TJX Companies Inc., () Daily ChartTJX Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {v} of 3 of (5).DIRECTION: Upside into wave 3.DETAILS: Looking for upside into wave {v}, …
Read More Thin Trading Conditions For Remainder Of Week
Image Source: Wednesday’s round of pre-holiday US data came in mostly as expected on the whole. This left the market thinking about month-end flow, which leaned heavily out of the …
Read More The ISM Economic Figures And The Power Behind Them
In our analyses, we regularly examine current movements, identify possible influencing factors and assess the general market situation. However, these are not recommendations, but merely opinions and food for thought.Perhaps …
Read More Eurozone Sentiment Shows Surprise Resistance In November
Image Source: The unexpected rise in the European Commission’s economic sentiment indicator should reassure ECB hawks in opposing a 50bp rate cut in December.Folowing last week’s declining PMIs, the European …
Read More Bitcoin Sell-Side Pressure Dominated By New Holders, Research Shows
Bitcoin () remains resilient, trading close to the $100,000 mark despite a recent correction that led to over $500 million in liquidations, predominantly from long positions. A recent by Glassnode analyzes …
Read More The Ruble Under Pressure
From : The ruble tumbled on Wednesday to its lowest level in over two years, as a mix of low oil prices, new sanctions against Russian businesses and burgeoning government spending …
Read More United States Federal Reserve Minutes: Rate Cuts To Continue “Gradually”
Image source: The US Federal Reserve released on Tuesday the minutes of the Federal Open Market Committee (FOMC) meeting which ended on November 7th. At the meeting, the FOMC …
Read More