Industry

Pairs in Focus - AUD/USD, GBP/CHF, CAC 40, Nasdaq

AUD/USD The Australian dollar has been all over the place during the course of the week, as we had broken above the 50 Week EMA, then turned around to drop to the 0.65 level. All things being equal, this is a market that has been very noisy, and of course has a major influence put upon it by risk appetite, so with this being the case I think we have a situation where we are still trying to search for the bottom near the 0.65 level, so as long as we can stay above there, there might be traders willing to jump in and “by the dips” for short-term trades. USD/CAD The New Zealand dollar has been all over the place during the course of the week, as we continue to see a lot of noisy behavior. It’s probably worth noting that we are hanging around the crucial 0.60 level, which of course is a large, round, psychologically significant figure, but I also recognize that the true support from a longer-term standpoint is down at the 0.5850 level. In other words, we are getting fairly close to a point where the New Zealand dollar might become “too cheap.” NASDAQ 100 The NASDAQ 100 has shot straight up in the air during the course of the week, as we continue to see a lot of bullish pressure, as the Federal Reserve cutting rates has boosted the market, right along with the idea of the US election having people willing to come in and buy stocks, as well as jumping in and taking a lot of risk in most markets. With this being the case, I think this continues to be a “buy on the dips” type of stock market. WTI Crude Oil The West Texas Intermediate Crude Oil market has gone back and forth during the course of the trading week, as we are closing out near the $70 level. Furthermore, the $65 level underneath will continue to be a major support level, as it has been important over the last 2 years. As long as we can stay above there, then it’s likely that there will be plenty of value hunters willing to jump in and pick oil out. If we were to break down below there, it would be a major disaster just waiting to happen. On the other hand, the market were to break above the $75 level, then we could see a shot toward the $82.50 level.

2024-11-10 23:33

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IndustryPairs in Focus - AUD/USD, GBP/CHF, CAC 40, Nasdaq

AUD/USD The Australian dollar has been all over the place during the course of the week, as we had broken above the 50 Week EMA, then turned around to drop to the 0.65 level. All things being equal, this is a market that has been very noisy, and of course has a major influence put upon it by risk appetite, so with this being the case I think we have a situation where we are still trying to search for the bottom near the 0.65 level, so as long as we can stay above there, there might be traders willing to jump in and “by the dips” for short-term trades. USD/CAD The New Zealand dollar has been all over the place during the course of the week, as we continue to see a lot of noisy behavior. It’s probably worth noting that we are hanging around the crucial 0.60 level, which of course is a large, round, psychologically significant figure, but I also recognize that the true support from a longer-term standpoint is down at the 0.5850 level. In other words, we are getting fairly close to a point where the New Zealand dollar might become “too cheap.” NASDAQ 100 The NASDAQ 100 has shot straight up in the air during the course of the week, as we continue to see a lot of bullish pressure, as the Federal Reserve cutting rates has boosted the market, right along with the idea of the US election having people willing to come in and buy stocks, as well as jumping in and taking a lot of risk in most markets. With this being the case, I think this continues to be a “buy on the dips” type of stock market. WTI Crude Oil The West Texas Intermediate Crude Oil market has gone back and forth during the course of the trading week, as we are closing out near the $70 level. Furthermore, the $65 level underneath will continue to be a major support level, as it has been important over the last 2 years. As long as we can stay above there, then it’s likely that there will be plenty of value hunters willing to jump in and pick oil out. If we were to break down below there, it would be a major disaster just waiting to happen. On the other hand, the market were to break above the $75 level, then we could see a shot toward the $82.50 level.

金猫好返

2024-11-10 23:33

Industryimage of Trump's election on Ethereun

Donald Trump's election win is expected to have significant implications for the crypto industry, particularly Ethereum. As a pro-crypto candidate, Trump aims to make the US the "crypto capital of the planet" ¹. His economic policies, characterized by deregulation and tax reductions, may lead to eased regulations on Bitcoin and other cryptocurrencies, potentially stimulating institutional investment and elevating market value ¹. *Key Impacts on Ethereum:* - _Increased Adoption_: Trump's pro-crypto stance may lead to increased adoption and mainstream integration of Ethereum and other cryptocurrencies ¹. - _Regulatory Environment_: A Trump presidency may result in a more favorable regulatory environment for Ethereum, with potentially reduced regulatory burdens ². - _Market Volatility_: The election outcome may lead to short-term market volatility, but historically, Bitcoin and Ethereum have risen after US elections, regardless of the winning party ¹. *Trump's Crypto-Friendly Policies:* - Accepting Bitcoin donations and selling NFTs ¹ - Launching World Liberty Financial, a crypto project built on Aave and Ethereum ¹ - Supporting crypto rights through the Republican party platform ¹ Keep in mind that the crypto industry's future under Trump's presidency will depend on various factors, including legislation and international developments. For the latest updates and expert insights.

kingbolu

2024-11-10 23:23

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