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Elliott Wave Technical Analysis: Deere & Co.

Elliott Wave Technical Analysis: Deere & Co.

Image Source: Unsplash  DE Elliott Wave Analysis Trading Lounge Daily Chart,Deere & Co., (DE) Daily ChartDE Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor 2 of (1).DIRECTION: Bottoming in wave 2.  DETAILS: Looking for a three wave move in wave 2 to be soon completed, to then continue higher.DE Elliott Wave Analysis Trading Lounge 4Hr Chart,Deere & Co., […]
Taurus expands to Vancouver amid North American digital asset boom

Taurus expands to Vancouver amid North American digital asset boom

Digital asset services provider Taurus has announced the opening of its first North American office based in Vancouver, Canada. According to the announcement, this strategic move is part of Taurus’ ongoing international growth and efforts to cement its status as a key technology provider in the digital asset realm, now with a presence across three […]
Crypto Market Is Back In Uptrend

Crypto Market Is Back In Uptrend

We have been talking a lot about a corrective price action in the Crypto market for the last couple of weeks. We also shared a lot of free charts, articles, and even video analysis, where we mentioned and highlighted a higher degree wave 4 correction within an ongoing five-wave bullish cycle.As you can see today, […]
What The Subtle Signs Say About The S&P 500

What The Subtle Signs Say About The S&P 500

Image Source: Unsplash  Watch the free-preview video below extracted from the WLGC session before the market open on 20 May 2024 to find out the following: How to interpret the S&P 500’s behavior when testing previous all-time highs. How to anticipate market movements based on supply-demand dynamics. How a trading range could unfold for the S&P 500. And […]
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Rea Group Ltd. – Tuesday, May 21

Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Rea Group Ltd. – Tuesday, May 21

ASX: REA GROUP LTD – REA Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with REA GROUP LTD – REA. We identified that wave 2-red may have just ended, and wave 3-red could push much higher.ASX: REA GROUP LTD – REA Elliott Wave Technical Analysis  ASX: REA GROUP LTD […]
Fidelity ‘will not participate’ in proof-of-stake, amends staking language in Ethereum ETF filing

Fidelity ‘will not participate’ in proof-of-stake, amends staking language in Ethereum ETF filing

Fidelity has filed an amended S-1 registration statement with the SEC for its prospective Ethereum (ETH) exchange-traded fund (ETF) ahead of upcoming deadlines for such funds.Notably, the amended statement removed all language about the fund’s participation in proof-of-stake validation for the Ethereum network, including staking rewards, which were mentioned in the previous prospectus. “The Trust […]
US Market Commentary – Tuesday, May 21

US Market Commentary – Tuesday, May 21

Image source: Pixabay  Fed Members Pushback Against Rate Cut ChatterThe US Dollar is trading a little lower across the European trading on Tuesday. The move comes despite a slew of Fed members yesterday voicing their support for maintaining policy at current levels for longer. Fed’s Bostic warned that while he felt inflation would continue to fall, […]
Consolidative Tuesday – Tuesday, May 21

Consolidative Tuesday – Tuesday, May 21

Image Source: Unsplash  Overview: The dollar is consolidating but with a somewhat heavier bias today. The G10 currencies are firmer but for the New Zealand and Canadian dollars, which are slightly softer. Most emerging market currencies are also firmer, except for a handful of Asian currencies. The news steam is light. Equities are trading off. The MSCI Asia […]
U.S. Stock Futures Steady As Nasdaq Hits Record; Investors Eye Fed Moves

U.S. Stock Futures Steady As Nasdaq Hits Record; Investors Eye Fed Moves

Image Source: Pexels  U.S. stock futures held steady on Tuesday following a record-setting performance by the Nasdaq Composite, which closed at an all-time high in the previous session, driven by strong tech sector gains. Despite the Nasdaq’s success, the broader market showed mixed reactions, with the S&P 500 marginally higher and the Dow Jones experiencing a […]
EUR/USD Forex Signal: Double-Top Pattern Points To A Brief Reversal

EUR/USD Forex Signal: Double-Top Pattern Points To A Brief Reversal

Bearish view Open a short position and set a take-profit at 1.0835 (Friday low). Add a stop-loss at 1.0925. Timeline: 1-2 days. Bullish view Buy the EUR/USD pair and a take-profit at 1.0900. Add a stop-loss at 1.0825. The EUR/USD was flat on Monday and Tuesday morning as traders continued reflecting on last week’s US and European […]