Page 4 - Weekly Timeframe News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility 2021-05-18 20:30:00 Peter Hanks, Strategist Dow Jones Price Outlook: The Dow Jones remains above an important trendline from March 2020 Nevertheless, the bullish outlook could fall under threat if bearish price action sparks a trendline break Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility The Dow Jones has been an outstanding performer among the three US indices over the last few months as the ongoing reflation trade helps to bolster many of its constituents. The same forces that have he...

Gold has rallied to the topside of its downtrend and white-hot inflation data could help spur the precious yellow metal higher. Can gold stage a breakout to snap its 8-month downtrend?

Will Lumber Prices Prick US Housing Bubble or Will Low Mortgage Rates Prevail? Advertisement US Housing Market Outlook: There’s a lot of chatter among market participants about the state of the US housing market, which has seen its strongest run of price growth since 2006 – right before the US housing bubble burst, which helped lead to the Global Financial Crisis. Supply chain issues (e.g. closed sawmills) have helped lift lumber prices to all-time highs, leading to over a $35K increase in new home prices in the US since the start of 2021. Low mortgages have kept measures of housing affor...

Will Lumber Prices Prick US Housing Bubble or Will Low Mortgage Rates Prevail? Advertisement US Housing Market Outlook: There’s a lot of chatter among market participants about the state of the US housing market, which has seen its strongest run of price growth since 2006 – right before the US housing bubble burst, which helped lead to the Global Financial Crisis. Supply chain issues (e.g. closed sawmills) have helped lift lumber prices to all-time highs, leading to over a $35K increase in new home prices in the US since the start of 2021. Low mortgages have kept measures of housing affor...

USD Q2 2021 Technical Forecast 2021-04-21 17:30:00 James Stanley, Senior Strategist Technical Analysis: US Dollar Begins with a Bounce but the Big Bear Still Lurks It was a bizarre beginning to a New Year for the US Dollar, but given 2020 I’m not sure how surprising it should be. The US Dollar came into 2021 after a very clear and strong one-sided trend enveloped the currency for the final 8 months of last year. Around the 2021 open, the US Dollar was flashing oversold conditions while also working on a falling wedge formation, which is often approached with the aim of bullish reversals. A...