RBA Holds But More Dovish Than Expected
Image Source: We’re seeing a lot of consolidation in markets ahead of some key economic data and central bank policy risk later this week. This includes tomorrow’s Bank of Canada …
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BTC/USD Forecast: Bitcoin Falls From Familiar Level
In my daily analysis of Bitcoin, I feel like I am stuck in the movie “Groundhog Day.” For those of you not familiar, it’s essentially a movie where the protagonists …
Read More Sensex Today Trades Flat; ITI Jumps 8%
Most Asian equities rose after China’s top leaders signaled bolder stimulus next year as they seek to revive the world’s second-largest economy.Shares in Japan and South Korea gained, while futures …
Read More FX Daily: China Provides Some Respite From Dollar Strength
Image Source: We should see little action before a busier second half of the week in the US and Eurozone. If anything, the USD should see some support ahead of …
Read More Metal Markets Report For Monday, Dec 9
Image Source: In this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:53More By This Author:Financial Markets Report For Monday, Dec 9SPDR ETF Report …
Read More GBP/USD Maintains Position Around 1.2750 Amid Market Caution As Key Economic Figures Loom
Photo by on GBP/USD may face challenges as traders adopt caution ahead of US Consumer Price Index data due on Wednesday. CME FedWatch Tool suggests an 85.8% chance of Fed rate …
Read More Gold Price Clings To Gain Around $2,670/Two-Week Top, Short-Term Bullish Bias Remains
Image Source: Gold price climbs back closer to a two-week high and draws support from a combination of factors. Geopolitical risks continue to benefit the safe-haven XAU/USD amid December Fed …
Read More Elliott Wave Suggests Alibaba Group Can Reach $130 In 2025
Image Source: Hello everyone! In today’s article, we’ll examine the recent performance of Alibaba Group () through the lens of Elliott Wave Theory. We’ll review how the rally from the November 22, 2024, low …
Read More Elliott Wave Technical Analysis: Dogecoin Crypto Price News For Tuesday, Dec 10
Photo by on Elliott Wave Analysis TradingLounge Daily ChartDogecoin/ U.S. dollar(DOGEUSD)DOGEUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: FlatPosition: Wave ((C))Direction Next higher Degrees: wave (C) of ((4))Wave Cancel invalid Level:Details: The corrective of …
Read More USD/CAD Forex: Rising Triangle Forms Ahead Of BoC Decision
Photo by on The USD/CAD pair has formed an ascending triangle pattern. The Bank of Canada is expected to cut interest rates on Wednesday. Recent data showed that Canada’s economy was …
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