April 2024 - Page 51 of 153 -

Elliott Wave Intraday Analysis On GBPUSD Shows 5 Waves Bullish Impulse

Apr 24, 2024 Jeremy Parkinson Finance 0

Elliott Wave view on GBPUSD suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from 10.4.2023 low, wave (1) ended at 1.2828. Correction in wave (2) unfolded as an expanded flat Elliott Wave structure. Down from wave (1), wave A ended at 1.2519 and wave B ended at 1.2894. Down from […]

Cardano Crypto Price News Today Elliott Wave Technical Analysis

Apr 24, 2024 Jeremy Parkinson Finance 0

Elliott Wave Analysis TradingLounge Daily Chart,Cadarno/ U.S. dollar(ADAUSD)ADAUSD Elliott Wave Technical Analysis Function: Counter TrendMode: CorrectiveStructure: FlatPosition: Wave CDirection Next higher Degrees: wave (II) of ImpulseWave Cancel invalid level: Details: Wave II Is equal to 61.8% of Wave I at 0.358Cadarno/ U.S. dollar(ADAUSD)Trading Strategy:The second wave correction in the Expanded Flat pattern, where we are in the middle […]

Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price?

Apr 24, 2024 Jeremy Parkinson Finance, No picture 0

The post Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price? appeared first on Coinpedia Fintech NewsEther price witnessed a severe drop a few days ago, currently failing to maintain a trading position around $3,300. Whenever ETH approached the $3,000 mark, buyers stepped in, defending the support. However, those short-term buyers then […]

Japanese Yen Plummets To Fresh 34-Year Low Against USD, Around Mid-155.00s

Apr 24, 2024 Jeremy Parkinson Finance, No picture 0

The Japanese Yen (JPY) extends its weakening trend further below the 155.00 psychological mark and drops to the lowest level since June 1990 against its American counterpart during the Asian session on Thursday. The wide interest-rate differential between Japan and the United States (US) is seen as a key factor that continues to undermine the […]

GBP/USD Snaps The Two-Day Winning Streak Above 1.2450, Eyes On US GDP Data

Apr 24, 2024 Jeremy Parkinson Finance, No picture 0

The GBP/USD pair snaps the two-day winning streak near 1.2460 amid the modest rebound of the US Dollar (USD) on Thursday during the early Asian session. The release of the US Gross Domestic Product (GDP) for the first quarter (Q1) will take center stage on the day. Also, the usual weekly Initial Jobless Claims and Pending Home […]

Fireblocks unveils features to prevent DeFi scams

Apr 24, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Fireblocks released its “dApp Protection” and “Transaction Simulation” features to the public, according to an April 24 blog post. These tools are designed to mitigate the risks associated with decentralized applications (dApp), particularly the threat of phishing attacks which have led to over $1.1 billion in lost funds in 2023 alone. The dApp Protection feature […]

Market Analysis: Exploring Future Trends With Elliott Wave In Leading Indices

Apr 24, 2024 Jeremy Parkinson Finance 0

Image Source: DepositPhotosStock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, SPY, QQQ, META, AMZN, MSFT, NVDA, ASX 200. Elliott Wave Technical AnalysisElliott Wave Analysis Indices: Meta Platforms should find support in the 400 – 380 area. Amazon dropped less but has the same bearish pattern and these moves move the […]

Meta Takes A Guidance Slide Amidst The Battle Between Yields And Earnings

Apr 24, 2024 Jeremy Parkinson Finance 0

Image Source: DepositPhotosWednesday saw a back-and-forth session for traders grappling with the challenge of rising US yields amid encouraging earnings reports. However, late-hours trading witnessed a downturn in the S&P 500 as major tech stocks, including Meta Platforms Inc., experienced a sell-off. Meta’s disappointing outlook cast doubt on whether the market’s enthusiasm for artificial intelligence, […]

AUD/JPY Price Analysis: Bulls Steer The Market Towards 101.00, Its Highest Since 2014

Apr 24, 2024 Jeremy Parkinson Finance 0

The AUD/JPY market showcases an increasingly bullish trend. The cross stabilized at 100.89 on Wednesday, after rallying to a high at 101.12, its highest since 2014. The general market interest leans towards the buyers as the pair follows an upward trend and surpasses significant levels. However, as the pair gained nearly 1.50% in the last […]

GBP/JPY Cracks Fresh Nine-Year High At 193.60

Apr 24, 2024 Jeremy Parkinson Finance 0

The GBP/JPY broke into a fresh nine-year high above 193.60 on Wednesday as the Pound Sterling (GBP) sees recovery bidding and the Japanese Yen (JPY) continues to weaken despite increasingly interventionist rhetoric from the Bank of Japan (BoJ). According to reporting from Nikkei, the BoJ is set to discuss the “impact of accelerating Yen depreciation”, a […]