Archives by Month:

Archives by Year:

Two Trades To Watch: EUR/USD, FTSE Forecast – Tuesday, July 16

Two Trades To Watch: EUR/USD, FTSE Forecast – Tuesday, July 16

Image Source: Pixabay  EUR/USD weighs up Trump & Powell ahead of US retail sales USD rises on Trump trade & Powell limits gains German ZEW economic sentiment data due US retail sales are forecast to stall at 0% EUR/USD struggles to rise above 1.0915 EUR/USD is flat at 1:09 after small losses yesterday, as investors look […]
China’s Entire Economy Collapsed

China’s Entire Economy Collapsed

Image source: Pixabay  It started Friday when China’s central bank reported more than just new record low credit stats, the deterioration over the past few months has been astounding. That obviously spread to the Chinese economy which the government confirmed today with ugly data across-the-board, big miss in GDP and grim numbers on retail sales. Yet, […]
Contrarian Alert: Is It Time To Look At Software Companies?

Contrarian Alert: Is It Time To Look At Software Companies?

Key Takeaways The market expected quick interest rate cuts in late 2023, leading to a significant drop in the U.S. 10-Year Treasury note yield and a 28.03% return for the BVP Nasdaq Emerging Cloud Index. Software-as-a-Service (SaaS) companies underperformed in the first half of 2024, with revenue growth decelerating. The focus has shifted to profitability […]
Nifty Hits Record High; CPCL Zooms 10%, SpiceJet 4%

Nifty Hits Record High; CPCL Zooms 10%, SpiceJet 4%

Asian shares fell on Tuesday as investors pondered the prospect of a Trump victory and what that would mean for China, while the dollar climbed for a second day even though dovish Fed comments fuelled bets of more US rate cuts this year.The Shanghai Composite index fell 0.3%, while Hong Kong’s Hang Seng index lost […]
FX Daily: Pre-Emptive US Election Positioning

FX Daily: Pre-Emptive US Election Positioning

Image Source: Unsplash  The dollar is trading higher since the weekend events that involved Donald Trump, in what appears to be a round of pre-emptive positioning as perceived chances of Trump’s re-election rise. High-beta currencies are in a vulnerable position, and key CPI releases in Canada and New Zealand can further increase volatility in CAD and […]
Market Briefing For Tuesday July 16

Market Briefing For Tuesday July 16

The market priced-in better prospects for Trump after the ruminations and perspectives, following the Pennsylvania assassination attempt. The shooter did not have a strong internet presence (barely noticeable), that diminishes a few comments in media suggesting it’s a reflection of online brainwashing. depositphotos However there probably were some brainwashing attempts, both political sides regularly get accused of […]
GBP/CHF Forex Signal: British Pound Continues To Look To The Upside Against The Franc

GBP/CHF Forex Signal: British Pound Continues To Look To The Upside Against The Franc

Potential signal: I am a buyer of this pair anywhere near the 1.15 CHF level. I would have a stop loss at the 1.1385 level, and a target of 1.1650 above. It’s easy to see that we’ve had quite a bit of a recovery from a gap lower to kick off the trading session. Ultimately, […]
AUD/JPY Recovers Further From Over Two-Week Low, Lacks Bullish Conviction

AUD/JPY Recovers Further From Over Two-Week Low, Lacks Bullish Conviction

 Image Source: Unsplash   AUD/JPY snaps a three-day losing streak to over a two-week low touched on Monday. The risk-on environment undermines the safe-haven JPY and lends support to the cross. Intervention fears, along with China’s economic woes, might cap any meaningful gains.  The AUD/JPY cross attracts some buyers during the Asian session on Tuesday and […]
EUR/USD Forex Signal: Hits Key Resistance, Breakout Likely

EUR/USD Forex Signal: Hits Key Resistance, Breakout Likely

Bullish view Buy the EUR/USD pair and set a take-profit at 1.100. Add a stop-loss at 1.0800. Timeline: 1-2 days. Bearish view Set a sell-stop at 1.0885 and a take-profit at 1.0800. Add a stop-loss at 1.100. The EUR/USD exchange rate continued its strong rally this week after the Federal Reserve chair delivered a modestly dovish statement. […]
Elliott Wave Technical Analysis: Euro/U.S. Dollar – Tuesday, July 16

Elliott Wave Technical Analysis: Euro/U.S. Dollar – Tuesday, July 16

Image Source: Pixabay  EURUSD Day Chart AnalysisEURUSD Elliott Wave Analysis – Trading Lounge Day ChartEuro/U.S. Dollar (EURUSD) Day ChartEURUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Orange Wave 2 Position: Navy Blue Wave 3 Direction Next Higher Degrees: Orange Wave 3 Details: Current Status: Orange Wave 1 appears complete. Current Phase: Orange Wave 2 is […]