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Financial

AUD/USD Forex Signal: Falling Wedge Pattern Forms

December 17, 2024 - by - Leave a Comment

Bullish View Buy the AUD/USD pair and set a take-profit at 0.6450. Add a stop-loss at 0.6300. Timeline: 1-2 days.  Bearish View Sell the AUD/USD pair and set a take-profit …

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Financial

European Indices Under Pressure

December 17, 2024 - by - Leave a Comment

Image Source:   At the end of Monday, the Dow Jones Index (US30) declined by 0.25%. The S&P 500 Index (US500) added 0.38%. The Nasdaq Technology Index (US100) was up 1.45%. …

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Financial

EUR/JPY Trades Below 161.50 After Pulling Back From Four-Week Highs

December 17, 2024 - by - Leave a Comment

EUR/JPY halts its two days of gains, pulling back from a four-week high of 162.47, which was marked on Tuesday. The downside of the EUR/JPY cross is bolstered by the …

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Financial

Uranium Miners ETF Correction Should Find Support

December 17, 2024 - by - Leave a Comment

The Global X Uranium ETF (URA) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global …

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Financial

Don’t Trust Antitrust

December 17, 2024 - by - Leave a Comment

The Federal Trade Commission (FTC) recently blocked the merger of Albertson’s and Kroger, which are the two largest stand-alone grocery chains. Their theory is that the merger would be anti-competitive …

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Financial

German Ifo Index Signals Rough Times Ahead

December 17, 2024 - by - Leave a Comment

Image source:   A weak Ifo index shows that German businesses have become more worried about the country’s growth outlook.The only good thing about Germany’s just-released Ifo index is that it is …

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Financial

Permabull? Hardly

December 17, 2024 - by - Leave a Comment

I never thought someone would label me a “Permabull.” This is particularly true of the numerous articles I wrote over the years about the risks of excess valuations, monetary interventions, and artificially …

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Financial

GBP/USD Forex Signal: Bearish Flag Chart Pattern Forms

December 17, 2024 - by - Leave a Comment

Bearish View Sell the GBP/USD pair and set a take-profit at 1.2490. Add a stop-loss at 1.2725. Timeline: 1-2 days. Bullish View Set a buy-stop at 1.2685 and a take-profit …

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Financial

Sensex Today Trades Lower; Nifty Below 24,650

December 17, 2024 - by - Leave a Comment

Asian markets traded mixed on Tuesday, following similar moves overnight on Wall Street.Japan’s Nikkei 225 gained 0.3% and Topix rose 0.3%, while South Korea’s Kospi fell 0.3%, while the Kosdaq …

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Financial

BTC/USD Forex Signal: Bitcoin Breaks $107,000, How Much Higher?

December 17, 2024 - by - Leave a Comment

 produced a profitable long trade triggered by the bullish rejection of the support level at $94,735.Today’s BTC/USD Signals Risk 0.50% per trade. Trades may only be entered prior to 5pm …

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