While it could work out, there’s no fundamental reason for that to happen. And it is worth noting that we had shot straight up in the air from about 1.34 to the 1.44 level. That is something this USD/CAD pair does tend
January 6, 2025
2025 has begun the way 2024 ended. With investors doing their best to determine what direction stock prices will go during the next year.As the year gets underway, expectations of how the U.S. Federal Reserve will be setting stock prices
Elliott Wave Analysis Trading Lounge Day ChartU.S. Dollar / Canadian Dollar (USDCAD)USDCAD Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Orange Wave 5 Position: Navy Blue Wave 1 Direction Next Lower Degrees: Navy Blue Wave 2 Details Current Status: Orange
The EUR/USD pair weakens to near 1.0315 during the early European session on Monday. The expectation that the European Central Bank (ECB) will further cut the interest rate this year undermines the Euro (EUR) against the Greenback. Later on Monday, investors
ASE Technology Holding Co (ASX) is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, Electronic Manufacturing Services contribute the maximum revenue.The packaging segment involves packaging bare semiconductors into completed
Dogecoin has kicked off the new year with an impressive 29% rally from local demand levels, captivating investors and signaling its resilience in the crypto market. The meme coin leader is now testing critical resistance around the $0.40 mark, a
ASX: FORTESCUE LTD – FMG Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with FORTESCUE LTD – FMG. We see that ASX:FMG is nearing the completion of a 2-grey corrective wave, and then
After closing in positive territory on Friday, EUR/USD continues to edge higher and trades above 1.0300 in the European morning on Monday. Regional and nation-wide inflation data from Germany could drive the Euro’s valuation later in the session. Euro PRICE Last 7 daysThe
Here are some bullish-looking charts as we enter the new week: More By This Author:Quantum CrazyTop Funds Of 2024Yet Another Record!
A sloppy transition from the old year to a new one engendered enough of a risk fear, that it helped increase shorting ‘and’ (for a number of stocks), did one more thing: it let Market-Makers distribute; drop stocks to absorb supply, and thus ‘rebuild inventory’,
