Elliott Wave Technical Analysis – Coffee
Coffee Elliott Wave AnalysisCoffee has recovered from the late November sharp drop. The next breakout will see it trading at the highest prices since the 1970s. For many decades, prices have been …
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Czech Industry Slides As Construction Advances And Wages Pick Up
Image source: Czech real industrial output slid in October, reflecting the havoc in European car manufacturing and the endless weakness of the German economy. Continued growth in new orders provides …
Read More Rose Resumes Its Rally As Anticipated
Cryptocurrency ROSE with ticker ROSEUSD is moving nicely as expected based on technical analysis and Elliott wave theory.On September 11 we have spotted nice and clean bullish setup formation after …
Read More Housing Affordability Brings Market To A Standstill
Housing affordability helps explain why residential real estate transactions have reached a standstill. Over the last five years, housing prices have surged. Per the Case-Shiller 20 City Home Price Index, …
Read More Reducing Government Spending Is Key To Reduce Inflation
Image Source: Markets and economists are beginning to recognize that a serious rationalization of spending is the only way to prevent a debt crisis and reduce inflation in the United …
Read More Brent Oil Faces Pressure Amid Weak Demand And Geopolitical Concerns
Image Source: Brent crude oil prices have dropped to 71.41 USD at the beginning of the week, influenced by ongoing concerns over weak demand and geopolitical tensions. The fall in …
Read More Daily Market Outlook – Monday, Dec. 9
Image Source: The Chinese mainland and Hong Kong markets have seen strong gains, and government bonds rose following a change in the politburo’s language regarding monetary policy, indicating that additional …
Read More S&P 500 Steadily Coasts To New Record High
The prospect of more rate cuts once again boosted the S&P 500 (Index: ). The index closed out the trading week ending Friday, 6 December 2024 nearly a full percent higher …
Read More BTC/USD Forecast: Bitcoin Continues To Test 100K
(Click on image to enlarge)After all, Bitcoin has been in an uptrend for some time, and I do think that the upside is still the correct direction, but you also …
Read More Broadcom Stock Unique Pattern Points To AVGO Hitting $200
Broadcom stock price is hovering near its all-time high as its march towards the $1 trillion market cap intensified. AVGO was trading at $180, a few points below the all-time …
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