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GBP/JPY Forecast: Bullish Pressure And Buy Dips 
                    
Swap Matters

GBP/JPY Forecast: Bullish Pressure And Buy Dips Swap Matters

Swap MattersAs we get paid at the end of every day to hang on to it. If we pull back from here, the ¥200 level, of course, is an area that a lot of people will be paying attention to unless it was previous resistance and now based on market memory should be supported. The […]
Daily Market Outlook – Monday, July 1

Daily Market Outlook – Monday, July 1

Image Source: Pexels  The French parliamentary election showed a significant shift in politics, with Le Pen’s Rassemblement National leading the first round with 33.5% of the vote, outpacing the leftist bloc and Macron’s alliance. The voter turnout was notably high at 65.8%, a substantial increase from 47.5% in 2022. Le Pen’s party is close to achieving […]
‘Asia’s MicroStrategy’ Metaplanet buys another ¥200 million worth of Bitcoin

‘Asia’s MicroStrategy’ Metaplanet buys another ¥200 million worth of Bitcoin

Key Takeaways Metaplanet’s recent Bitcoin purchase increases its total holdings to 161.27 BTC. The company adopts Bitcoin as a reserve asset in response to Japan’s economic conditions. Metaplanet, a publicly traded company listed on the Tokyo Stock Exchange and often compared to MicroStrategy, has acquired an additional 20.2 Bitcoin (BTC), valued at approximately 200 million […]
Bullish Patterns Predict 30% Jump For Bitcoin As Ether Preps For $5,000

Bullish Patterns Predict 30% Jump For Bitcoin As Ether Preps For $5,000

Following a massive recovery over the weekends, the BTC price enters the new week optimistically. With an almost 3% rise, Bitcoin marks the end of the correction phase in the short term, resulting in a broader market recovery. As July starts, the overnight turn of sentiments teases a bull run with a breakout. Further, the underlying […]
Bear Of The Day: Mastercraft Boat Holdings, Inc.

Bear Of The Day: Mastercraft Boat Holdings, Inc.

MasterCraft Boat Holdings, Inc. (MCFT) shares have tumbled 37% in the last year, including a 16% YTD drop. MasterCraft Boat is suffering from slowing demand and other setbacks after a booming post-Covid stretch.MCFT’s earnings outlook has plummeted during the last 12 months, dropping meaningful lower following its Q3 FY24 release in early May. MasterCraft Boat BasicsMasterCraft Boat […]
Boeing To Acquire Spirit AeroSystems For $4.7 Billion

Boeing To Acquire Spirit AeroSystems For $4.7 Billion

 Image Source: Unsplash   Boeing’s $4.7 billion Spirit AeroSystems acquisition addresses manufacturing defects. Airbus to acquire parts of Spirit’s operations, enhancing its supply chain. Transaction pending regulatory approval, expected to close mid-2025. Boeing Co. has agreed to purchase Spirit AeroSystems Holdings Inc. in an all-stock deal valued at $4.7 billion, or $37.25 per share, unwinding a […]
EUR/GBP Appreciates To Near 0.8500 As French Voters Boost Marine Le Pen’s National Rally

EUR/GBP Appreciates To Near 0.8500 As French Voters Boost Marine Le Pen’s National Rally

EUR/GBP continues its upward trend for the third consecutive day, hovering around 0.8500 during Monday’s Asian session. The Euro advances as investors’ sentiment improves amidst Marine Le Pen’s National Rally confirming its status as France’s leading political force in the initial round of legislative elections, marking the highest turnout in three decades. While Le Pen’s […]
BTC/USD Forex Signal: Bearish Pennant Points To More Downside

BTC/USD Forex Signal: Bearish Pennant Points To More Downside

Bullish view Buy the BTC/USD pair and set a take-profit at 65,000. Add a stop-loss at 61,000. Timeline: 1-2 days.  Bearish view Set a sell-stop at 63,000 and a take-profit at 60,000. Add a stop-loss at 65,000. Bitcoin price bounced back on Monday morning as traders bought the weekend dip when it crashed to $60,000. The […]
FX Daily: French Politics Can Still Cap The Euro

FX Daily: French Politics Can Still Cap The Euro

Image Source: Unsplash  The euro is trading stronger this morning after the outcome of the first-round French parliamentary elections came in quite close to polls, with a victory for the National Rally. We think this week’s US data can push EUR/USD higher, but French politics can still put a cap on the pair this summer. In […]
Elliott Wave Technical Analysis: GX Uranium ETF

Elliott Wave Technical Analysis: GX Uranium ETF

GX Uranium ETF (URA) Elliott Wave Analysis Function – Counter trend Mode – Corrective Structure – Impulse for wave A (circled) Position – Wave (4) of A (circled) Direction –  Wave (4) is still in play Details –  A bearish impulse from 33.69 is emerging for wave A (circled) and we should see further decline.Overview of GX URA […]