Fearing The CPI
S&P 500 tried opening on a strong note, but just as Friday it fell through my high 6,080s support. Is this a cancellation of Santa Claus rally? I don‘t think …
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Gold Analysis: Stable Bullish Prices
With a gain of $50 an ounce of gold, prices moved at the beginning of this week’s trading with strong momentum from the increasing geopolitical tensions in the Middle East. …
Read More Stocks: The Correction Has Arrived – What Lies Ahead?
Was yesterday’s pullback a sign of a downward reversal, or merely a correction within the uptrend?Stock prices pulled back on Monday, with the S&P 500 index closing 0.61% lower following …
Read More Canadian Dollar Hits Lowest Level Since April 2020
Image Source: The Dollar is running it back on this Tuesday. The Buck is getting a bit more of a boost into the North American open after NFIB small business …
Read More EUR/USD Forex Signal: Inverse Head And Shoulders Pattern Forms
Bullish View Buy the EUR/USD pair and set a take-profit at 1.0670. Add a stop-loss at 1.0500. Timeline: 1-2 days. Bearish View Set a sell-stop at 1.0560 and a take-profit …
Read More Elliott Wave Technical Analysis – Fortinet Inc. – Tuesday, Dec. 10
FTNT Elliott Wave Analysis Trading LoungeFortinet Inc., () Daily ChartFTNT Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave (3).DIRECTION: Upside within wave 5 of (5).DETAILS: We are looking for a bottom in wave 4 as …
Read More Ahead Of November CPI, TSM’s Revenue And Oracle’s AI Surge
Photo by on Equity futures point to a mixed market open later this morning, but odds are we’ll see a subdued trading session as investors wait for what’s revealed in tomorrow’s …
Read More The GOP’s 2025 Budget Reconciliation Fight, Go Small Or Big Bang?
Image source: Republicans have two shots at budget reconciliation bills in 2025. What should those bills include?The problem for Republicans is primarily the House, not the Senate.Republicans have a 220-215 …
Read More AUD/USD Plummets Below 0.6400 As RBA Bullock Delivers Less-Hawkish Guidance
Image Source: AUD/USD falls sharply below 0.6400 as the RBA delivers a less-hawkish interest rate guidance. RBA Bullock was confident about easing upside risks to price pressures. Investors await …
Read More Dovish Hold Sends The Aussie Lower
Image Source: Overview: The US dollar is little changed against most of the G10 currencies today. The antipodean currencies are the main exception. A modest change in tone from the Reserve …
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