MOTHERSON CUMMINS INDIA CEM Swing Levels
MOTHERSON Positional Traders can use the below mentioned levels Close below 196 Target 181 Intraday Traders can use the below mentioned levels Buy above 199 Tgt 201,…
No Doubt About It – Slope of Hope with Tim Knight
Here’s an interesting map showing different levels of theism. My home state of Louisiana is a true ‘n’ blue God fearing land, whereas it seems Europe is nothing but heathens.…
Australian Dollar rises as higher inflation dampens the odds of RBA’s rate cuts
The Australian Dollar appreciates as higher consumer inflation diminishes the possibility of RBA’s rate cuts. Australia’s monthly CPI jumped by 4.0% YoY against the expected growth of 3.8% in May.…
Euro rises despite soft German business climate
The euro has started the week with gains. EUR/USD is trading at 1.0727 in Monday’s European session, 0.34% on the day. German Business Climate surprises with dip Germany’s Ifo Business…
You Big Cutie! – Slope of Hope with Tim Knight
Remember when we all thought that once quantitative tightening would take place, it would take the equity market with it? Good times. Good times. You Big Cutie! You Big Cutie!…
Chainlink supply on exchanges shoots up, LINK holders realize over $150 million in profits
Chainlink on exchanges climbed to 230.43 million on Friday, up nearly 9% in a single day, per Santiment data. LINK tokens flooded exchanges as holders rushed to take profits, realize…
S&P 500 & Nasdaq 100 Week Ahead: Is It Time for a Deeper Retracement as US Investors Shed Equity Funds…?
Over the past two weeks, US investors have shed nearly $30 billion dollars of US equity funds (net selling) according to data from LSEG. A bullish week for the S&P…
Yeah, It’s About Time! – Slope of Hope with Tim Knight
One day does not a trend make, but this is refreshing (and a nice reversal day that I believed might happen as my pre-opening premium post indicated, Spidey-sense style)……… UAL…
Consolidates above 1.2700 mark as traders await BoE policy update
GBP/USD ticks lower on Thursday and snaps a three-day winning streak to the weekly top. The USD draws support from rebounding US bond yields and exerts pressure on the major.…
Australian jumps after soft US retail sales
The Australian dollar has posted strong gains on Tuesday. AUD/USD is trading at 0.6646 in the North American session, up 0.50% on the day. The Aussie shrugged after the Reserve…
Airport! – Slope of Hope – Technical Tools for Traders
By Tim Knight – 3 hours ago (17, Apr 2024 11:00:00 PM) Airport! Airport! In order to comment on this blog, you must have JavaScript installed and enabled. Source link
EUR/USD recovers after final estimates of Eurozone inflation data hold the line
EUR/USD recovers after the release of HICP inflation data for the Eurozone. Speeches by several key ECB governing council members could also impact EUR/USD. EUR/USD enters oversold levels on the…
Market Insights Podcast – Pause in oil rally, UK and Japan inflation, China Q1 GDP are the focus for this week
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week’s key economic data and events. Firstly, the possible scenarios on the trajectory oil prices after its 13%…
State Strength – Slope of Hope – Technical Tools for Traders
By Tim Knight – 4 hours ago (14, Apr 2024 10:00:00 PM) State Strength State Strength In order to comment on this blog, you must have JavaScript installed and enabled.…
SOL primed for recovery if bulls hold $130
Solana price is down 5% on the day, and over 20% over the last week. SOL could nurture a recovery if the bulls hold above $130.45. A break and close…
NZ dollar slips as manufacturing softens
The New Zealand dollar is down sharply on Friday. In the North American session, NZD/USD is trading at 0.5956, down 0.68%. The US dollar has moved higher against the majors…
Fuzzy Wuzzy – Slope of Hope – Technical Tools for Traders
I love that a stodgy insurance company has to soberly issue a press release addressing allegations from anything called FUZZY PANDA RESEARCH. Fuzzy Wuzzy Fuzzy Wuzzy In order to comment…
Gold surrenders modest intraday gains, downside seems limited amid geopolitical risks
Gold price attracts fresh buyers on Thursday following the previous day’s US CPI-inspired downfall. Geopolitical risks benefit the safe-haven XAU/USD, though a bullish USD keeps a lid on further gains.…
NZ dollar climbs ahead of RBNZ rate decision
The New Zealand dollar has posted considerable gains on Tuesday. In the North American session, NZD/USD is trading at 0.6065, up 0.54% and its highest level since March 21. RBNZ…
The Eclipse – Slope of Hope – Technical Tools for Traders
Let me cut to the chase at once. This is what we saw. In Texas. Where it was totally cloudy. But I managed to make this adventure a success. This…