STOCKTRKR

EUR/USD. May 8th. The market continues to rest against the background of an empty calendar

The EUR/USD pair on Tuesday did indeed bounce off the resistance zone of 1.0764–1.0806, which allows for a reversal in favor of the US dollar and some decline towards the lower line of the ascending trend channel and the corrective level of 100.0%–1.0966. However, the “bullish” trend is not yet complete or canceled. Until the […]

GBP/USD. May 8th. The pound does not expect a rate cut by the Bank of England

On the hourly chart, the GBP/USD pair continued its decline on Tuesday and confirmed consolidation below the ascending trend channel. Bulls lost their advantage on the hourly chart, and bears continue to maintain it on the 4-hour chart. Thus, the British pound has every reason to continue falling against the dollar. The rebound of quotes […]

Market Comment – US dollar recovers, stocks’ rally stalls as market tries to find its footing

Fed expectations drive the market; three Fed speakers on the wires today Dollar recovers but all eyes are on the US stocks and Treasury yields The pound prepares for the BoE meeting as elections gain more airtime Yen on the back foot again; gold steady amid the Israeli ground operation Dollar recovers, equity rally stalls […]

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The push to build a new world based on renewables helps Rainbow Rare Earths

Subscribe ► https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 Rainbow Rare Earths (RBW) is rising to the challenge to supply some of the necessary component parts in electric vehicles to help with the push towards net zero. IGTV’s Jeremy Naylor caught up with RRE’s George Bennett. Learn more about IG: https://www.ig.com?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom We provide fast and […]

First Property CEO sees good ‘trading’ opportunity coming up

Subscribe ► https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 The buy and hold strategy, which has been the hallmark of First Property Group’s (FPO) investment style, may now be accompanied by a move into more of a ‘trading’ strategy to achieve returns. IGTV’s Jeremy Naylor caught up with Ben Habib, FPO chief executive. He says there may be trading opportunities out […]

Totally PLC CEO upbeat about H2 after record-beating interims

With a much-improved cash position following a near 30% rise in EBITDA, Totally PLC has doubled its interim dividend. Wendy Lawrence, CEO, tells IGTV that it bodes well for the second half, although costs do normally rise in H2. But what about shares? IGTV’s Jeremy Naylor asks the questions. Subscribe ► https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 Learn more about […]

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday May 08, 2024.

If we look at the 4-hour chart of the AUD/JPY cross currency pair, we can see that the 50 MA is above the 200 MA, which means it is still intersecting with the Golden Cross, which indicates that Buyers are still dominant, especially as this is also confirmed by the holding of the AUD/JPY downward […]

Trading Signals for GOLD (XAU/USD) for May 7-9, 2024: buy above $ 2,318 (200 EMA – 5/8 Murray)

Gold is trading around 2,314, below the 200 EMA, below the 21 SMA, and within an uptrend channel forming since May 3 with signs of exhaustion. On the H1 chart, we can see that gold followed a bearish bias during the last negotiations. However, with a break and consolidation above 2,318, the metal could resume […]

Growth continues: Wall Street in green for third day in a row

American stock indices ended trading higher on Monday, marking their third consecutive positive session. Investors are once again raising hopes that the Federal Reserve may cut interest rates this year. Global stock indicators also rose amid optimism about a likely rate cut. At the same time, the Japanese yen weakened against the dollar after a […]

Technical Analysis of Intraday Price Movement of Gold Commodity Asset, Tuesday May 7, 2024.

Although on the 4 hour chart Gold commodity asset MA 20 still below MA 50 which indicates the Seller pressure is still exists but with the failure of Gold to break below level support area 2288,28-2276,77 gives the clue that in the near future, as long as the level area does not break below, the […]

Elliott Wave Market Minute – February 7, 2020

Sure, you may be “woke” to politically correct thinking, but are you “woke” to financially-correct thinking? We can help! The new issue of Global Market Perspective is hot off the press. https://bit.ly/2UyqpJc Learn How the Wave Principle Can Improve Your Trading