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BTC/USD Forex Signal: Bitcoin Has More Upside As FOMO Intensifies

BTC/USD Forex Signal: Bitcoin Has More Upside As FOMO Intensifies

The BTC/USD pair has been in a strong uptrend in the past few months.  Bullish view Buy the BTC/USD pair and set a take-profit at 26,000. Add a stop-loss at 42,000. Timeline: 1-2 days.  Bearish view Set a sell-stop at 43,000 and a take-profit at 42,000. Add a stop-loss at 45,000. Bitcoin price is hovering near […]
Sensex Today Trades Lower; Paytm Cracks 20%

Sensex Today Trades Lower; Paytm Cracks 20%

Asian shares slipped with Wall Street on Thursday, while a sharp fall in oil prices to a five-month low promised to further reduce inflationary pressures and helped boost the global bond market.The Nikkei is trading 1.3% lower while the Hang Seng index is trading 0.7% lower.US stocks ended dragged lower by energy stocks as oil […]
Creating A Legacy: Intergenerational Wealth

Creating A Legacy: Intergenerational Wealth

Image Source: Unsplash  Some people have the goal of spending everything while still living and not leaving anything for their kids. While there is some logic to this, it’s a dangerous plan, for the simple reason that nobody knows when their time will come, so there is a good chance of being penniless when you need […]
Elliott Wave Technical Analysis 4 Hour Chart: New Zealand Dollar/U.S. Dollar – Thursday, Dec. 7

Elliott Wave Technical Analysis 4 Hour Chart: New Zealand Dollar/U.S. Dollar – Thursday, Dec. 7

Image Source: Unsplash  NZDUSD Elliott Wave Analysis Trading Lounge 4 Hour  Chart, 7 December 2023New Zealand Dollar/U.S. Dollar (NZDUSD) 4 Hour ChartNZDUSD Elliott Wave Technical AnalysisFunction: TrendMode: corrective as red wave 4Structure: red wave 4 of 3Position: Black wave 1Direction Next Higher Degrees: red wave 5 of 3Details; red wave 4 of blue wave 3 is […]
Elliott Wave Technical Analysis Day Chart: New Zealand Dollar/U.S. Dollar – Thursday, Dec. 7

Elliott Wave Technical Analysis Day Chart: New Zealand Dollar/U.S. Dollar – Thursday, Dec. 7

Image Source: Pixabay  NZDUSD Elliott Wave Analysis Trading Lounge Day  Chart, 7 December 2023New Zealand Dollar/U.S. Dollar (NZDUSD) Day ChartNZDUSD Elliott Wave Technical AnalysisFunction: TrendMode: corrective as red wave 4Structure: red wave 4 of 3Position: Black wave 1Direction Next Higher Degrees: red wave 5 of 3Details; red wave 4 of blue wave 3 is in play, […]
If We See Stock Market Mean Reversion, Heads Will Spin

If We See Stock Market Mean Reversion, Heads Will Spin

Image Source: PexelsWhen you do this for a while, there are years that really stick in your head when it comes to the notable and quotable dates of stock market lore. The years 1999 and 2000 are among them, for reasons of the end of the dot-com bubble. Keep those two specific years in mind as […]
Global Airlines Set For Record Revenue Boosted By China’s Reopening Tailwind

Global Airlines Set For Record Revenue Boosted By China’s Reopening Tailwind

Image Source: UnsplashThe International Air Transport Association released new profitability forecasts for global airlines, indicating that despite high interest rates slowing down developed and emerging market economies, carriers are projected to achieve record revenues this year and in 2024. The net profits of the airline industry are forecasted to hit $25.7 billion in 2024, equating to a net profit […]
AUD/USD Forex Signal: Bearish Pattern Points To More Downside Ahead Of NFP

AUD/USD Forex Signal: Bearish Pattern Points To More Downside Ahead Of NFP

Image Source: UnsplashBearish view Sell the AUD/USD pair and set a take-profit at 0.6510. Add a stop-loss at 0.6650. Timeline: 1-2 days. Bullish view Buy the AUD/USD pair and add a take-profit at 0.6650. Add a stop-loss at 0.6510. The Australian dollar continued its recent sell-off as traders continued to reflect on this week’s RBA decision and GDP numbers. The […]
Rates Spark: Science Fiction?

Rates Spark: Science Fiction?

The 10Y UST yield is closing in on the 4% mark as if a weak jobs report tomorrow was a given. But underlying is also a further slide of inflation expectations. The front end is lagging, however, and being already priced aggressively for cuts, it will probably need these to become more imminent to rally further. Image […]
Elliott Wave Technical Analysis: BNBUSD – December 7

Elliott Wave Technical Analysis: BNBUSD – December 7

Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, 7 December 23,Binance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: FlatPosition: Wave CDirection Next higher Degrees: wave (2) of ImpulseWave Cancel invalid level:Details: wave (2) may end at 224.0 and the price increase again in wave (3)Binance/ U.S. dollar(BNBUSD)Trading Strategy : Binance’s recovery has been good, […]