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The Bear Market Rally Of Oct22-Mar24 Is Over
Article By:
Greg Feirman
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Thursday, April 25, 2024 12:51 AM EDT
The bear market rally which began on October 13, 2022 with an intraday low of 3,492 topped on March 28, 2024 with an intrday high of 5,265. From top to bottom the S&P rallied about 50%.
GBPUSD Reverses Course: Downtrend Over Or Bullish Correction?
Article By:
ForexCycle
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Thursday, April 25, 2024 12:20 AM EDT
GBPUSD’s recent price action indicates a potential shift in momentum. This analysis examines the technical situation and explores potential scenarios for the currency pair.
Elliott Wave Intraday Analysis On GBPUSD Shows 5 Waves Bullish Impulse
Article By:
Elliottwave Forecast
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Wednesday, April 24, 2024 11:47 PM EDT
Elliott Wave view on GBPUSD suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from 10.4.2023 low, wave (1) ended at 1.2828.
Cardano Crypto Price News Today Elliott Wave Technical Analysis
Article By:
Peter Mathers
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Wednesday, April 24, 2024 11:17 PM EDT
The second wave correction in the Expanded Flat pattern, where we are in the middle of a decline in Wave C, will have five extended internal sub-waves.
In this article: ADA-X
Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price?
Article By:
Crypto Adventure
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Wednesday, April 24, 2024 10:41 PM EDT
Ether price witnessed a severe drop a few days ago, currently failing to maintain a trading position around $3,300. Whenever ETH approached the $3,000 mark, buyers stepped in, defending the support.
In this article: ETH-X
GBP/USD Snaps The Two-Day Winning Streak Above 1.2450, Eyes On US GDP Data
Article By:
Lallalit Srijandorn
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Wednesday, April 24, 2024 9:15 PM EDT
GBP/USD trades on a weaker note around 1.2460 in Thursday’s early Asian session. The US Durable Goods Orders rose 2.6% in March, compared to the 0.7% increase (revised from 1.4%) in February.
Meta Takes A Guidance Slide Amidst The Battle Between Yields And Earnings
Article By:
Stephen Innes
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Wednesday, April 24, 2024 7:51 PM EDT
Tokyo desks are currently on high alert for any signs of intervention ahead of Friday's BOJ meeting, waiting for the “BOJQ on 20 million pls” to come through on the direct dealer machine.
AUD/JPY Price Analysis: Bulls Steer The Market Towards 101.00, Its Highest Since 2014
GBP/JPY Cracks Fresh Nine-Year High At 193.60
Article By:
Joshua Gibson
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Wednesday, April 24, 2024 7:08 PM EDT
The Guppy breaks into new chart territory above 193.60, a nine-year high. Deflating JPY is rapidly approaching standoff territory with nervous BoJ. Japanese inflation figures, BoJ rate call loom ahead on Friday.
Softs Report - Wednesday, April 24
Article By:
Jack Scoville
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Wednesday, April 24, 2024 6:13 PM EDT
Cotton was mostly lower yesterday although May closed a little higher on short covering before the deliveries start. Demand remains a problem.
Why Follow Junk Bonds?
Article By:
Michele Schneider
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Wednesday, April 24, 2024 5:30 PM EDT
Junk bonds, or high-yield bonds because the interest payments are higher than for the average corporate bond, pay high interest rates to entice investors to take on the greater risk of lending them money. Watch them to assess risk-on or -off.
In this article: HYG
I've Had It With Utilities
Article By:
Tim Knight
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Wednesday, April 24, 2024 5:10 PM EDT
My obsession with the Dow Utilities is waning swiftly. Perhaps someone as impatient as me shouldn’t mess with stuff that moves so glacially (and, recently, against me).
In this article: XLU
Bounce In Money Growth Is Good News And Bad News
Article By:
Michael Ashton
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Wednesday, April 24, 2024 4:55 PM EDT
If we want 2% inflation, then we need M to grow about 2% faster than GDP.
How Nvidia Uses Gold
Article By:
SchiffGold
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Wednesday, April 24, 2024 4:40 PM EDT
The chemical properties of gold remain so useful that manufacturers continue to use gold in chips and sometimes in internal computer wiring and switches despite their cost.