|Day's Range||14.70 - 14.99|
Vancouver, British Columbia-based New Pacific Metals Corp. (NUAG.V) (NUPMF) is a Canadian company engaged in exploration and development, with properties in Bolivia, Canada and China. The company is optimistic about its primary asset, the Silver Sand project in Bolivia, which it is in the process of advancing. New Pacific has a strong balance sheet to support its exploration and drilling program and also has attracted investment interest from two publicly traded mining companies.
Based on the early price action, the direction of the EUR/USD is being controlled by two prices: a short-term 50% level at 1.1254 and an uptrending Gann angle at 1.1259.
A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swap hacks has been sentenced to 10 years in prison.
Trading was subdued on Monday as investors prepared for quarterly earnings reports from more than 140 S&P 500 companies. As of April 18, the majority of corporate earnings reports have topped expectations.
Silver markets tried to rally initially during the day on Monday but struggled to stay above the $15.00 level. By doing so, the market looks a bit vulnerable, as the large come around, psychologically significant figure continues to be crucial.
During the Asian session, there was news that perhaps the Americans were going to get rid of waivers for countries that are out buying Iranian oil. This of course rocked the oil markets, and we shot higher. However, the gains were somewhat muted after the initial surge, as we found out that there was going to be at least a year grace period ahead.
The British pound was a rather quiet to kick off the week on Monday, as we continue to hover above major support. There are a multitude of potential moves waiting to happen, but the most interesting one is to the downside.
Based on the early trade, the direction of the EUR/USD on Monday is likely to be determined by trader reaction to the resistance cluster at 1.1254.
Oil surges after the U.S. tighten sanctions on Iranian oil. The indices moved lower in response but traders are more focused on this week’s round of earnings.
Steel represents a significant amount of materials trading done on the stock market. Some companies perform better than others—for a number of reasons.
Based on the price action the last three sessions and the close at .6687, the direction of the NZD/USD is likely to be determined by trader reaction to the uptrending Gann angle at .6687.
The Australian dollar initially tried to rally during the week but also gave back the gains to roll over and form a bit of a shooting star. We are starting to see resistance at an area where you would expect it, so it makes sense that we get a bit of a pullback.
Silver markets went back and forth all week, as we are sitting just below the $15.00 level, an area that is obviously a psychologically important, so it’s going to be interesting to see where we go next as we form a larger pattern.
Gold markets have been sitting on major support for the last couple of trading days but were closed for Good Friday. At this point, we are at a major inflection point and could be setting up for a big move.
The US dollar continues to go sideways overall against the Japanese yen, as we head into the Easter holiday. At this point, the lack of liquidity would have made the candlestick on Friday less than impressive, but quite frankly if you look at the rest of the week, it was much the same.
The British pound has bounced slightly during a very illiquid Friday session, as most people were away celebrating the holiday.
With the lack of liquidity on Friday, the British pound didn’t do much against the Japanese yen. However, we are at a very interesting level that we should be paying attention to.
The Australian dollar initially tried to rally during the day on Friday but gave back the gains to continue the negativity that we had seen on Thursday. However, there is plenty of support underneath so the question is whether or not this will be value?
Today, that number has gone up to 17, and the United Nations forecasts that it will increase by about five more years by the end of the century. One consequence of the increase in life expectancy is that the proportion of the population above age 65 has increased, too. In policy analyses and in the media, increases in these proportions are frequently taken to mean that the population will keep getting older.
Some stocks are best avoided. We don't wish catastrophic capital loss on anyone. For example, we sympathize with anyone who was caught holding Santacruz Silver Mining Ltd. (CVE:SCZ) during the five years that saw its share pr...
Silver markets continue to go sideways during the trading session on Thursday as we head into the Easter weekend. With that being the case in the fact that the futures markets are closed on Friday, CFD markets will be trusted.
Steve Pickett became the CEO of RigNet, Inc. (NASDAQ:RNET) in 2016. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. After that, we will consider the gro...
Based on the early price action and the current price at 26497, the direction of the June E-mini Dow Jones Industrial Average the rest of the session is likely to be determined by trader reaction to the uptrending Gann angle at 26529.