Archives by Month:

Archives by Year:

Asian Stock: Riverstone Holdings

Asian Stock: Riverstone Holdings

Company: Riverstone Holdings LimitedBloomberg ticker: RSTON SPMarket cap: US$1,033mBackground: Riverstone Holdings Limited produces and sells specialized cleanroom products for use in highly controlled and critical environments, e.g., HDD and semiconductor sectors. The main products are nitrile and natural rubber gloves, but it also manufactures other cleanroom consumable products like cleanroom packaging materials and finger cots.  World Class Benchmarking of […]
Dogecoin And Shiba Inu: Dogecoin Has Slowed Its Recovery

Dogecoin And Shiba Inu: Dogecoin Has Slowed Its Recovery

Dogecoin chart analysisThe price of Dogecoin reduced its range today to 0.10500-0.10680. We are literally sitting on the EMA 200 moving average and waiting for a more specific step in some direction. If we happen to jump up to 0.10800, then the price climbs to a new daily high. The chances of a continuation to […]
USD/JPY Sees Retreat Amid US Dollar Weakness

USD/JPY Sees Retreat Amid US Dollar Weakness

USD/JPY has retreated from its peak this week, settling at 146.82. The yen gained some strength as the US dollar weakened following July’s lackluster US Producer Price Index (PPI) data. This report bolstered market expectations for a potential 50 basis point cut by the Federal Reserve at its upcoming September meeting.The focus now shifts to […]
USDCHF Forex Elliott Wave Technical Analysis – Wednesday, August 14

USDCHF Forex Elliott Wave Technical Analysis – Wednesday, August 14

USDCHF Elliott Wave Analysis Trading Lounge Day ChartU.S. Dollar / Swiss Franc (USDCHF) Day ChartUSDCHF Elliott Wave Technical AnalysisFunction: TrendMode: ImpulsiveStructure: Orange wave 3Position: Navy blue wave 3Direction Next Higher Degrees: Orange wave 4Details: Orange wave 2 appears completed; now, orange wave 3 is in play.Wave Cancel Invalid Level: 0.88779The USDCHF Elliott Wave analysis for the daily […]
EUR/USD Price Analysis: Soft US Inflation Fuels Euro Above 1.10

EUR/USD Price Analysis: Soft US Inflation Fuels Euro Above 1.10

The EUR/USD price analysis supports a bullish bias as the euro climbs against a weak dollar after soft US wholesale inflation numbers. Meanwhile, a Reuters poll revealed that economists predict two more European Central Bank cuts this year, fewer than markets expect.The dollar eased after data revealed that the US PPI increased by 0.1% in […]
RBNZ Unexpectedly Decreased The Rate By 0.25%

RBNZ Unexpectedly Decreased The Rate By 0.25%

Image source: Pixabay  On Tuesday, the Dow Jones (US30) Index gained 1.04%, while the S&P 500 (US500) Index closed 1.68% higher. The Nasdaq Technology Index (US100) closed yesterday at a positive 2.43%. Stocks found support on Tuesday thanks to lower bond yields after US producer prices for July rose less than expected, reinforcing expectations that the Federal Reserve will begin cutting interest rates […]
GBP/JPY Forex Signal: British Pound Tests Big Figure Against Japanese Yen

GBP/JPY Forex Signal: British Pound Tests Big Figure Against Japanese Yen

Potential Signal: At this point, if we can get a daily close above the ¥190 level, I will be willing to throw a little bit of money into this market. I would keep the position size small, and I would have my stop loss at the ¥188 level. The target would be ¥196 above. The […]
Coinbase Remains In The Bullish Trend, So As Crypto Market

Coinbase Remains In The Bullish Trend, So As Crypto Market

Coinbase with ticker COIN is making strong and impulsive rally away from the lows, which should be completed by a five-wave bullish cycle from Elliott wave perspective. We have seen some slow down for the last couple of months, but it looks like a clean wave 4 correction that can send the price higher into […]
Bitcoin Price Initiated A Bullish Consolidation On Tuesday

Bitcoin Price Initiated A Bullish Consolidation On Tuesday

Bitcoin chart analysisThe price of Bitcoin rose to the $61,600 level on Tuesday. A new weekly high was formed at that level. The price stopped there and began to pull back to the $60300 level. Today’s movement takes place in the $60500-$61200 range. Due to the stability in this range, we expect to see further progress in […]
Goldman Sachs holds $238 million in BlackRock’s Bitcoin ETF shares

Goldman Sachs holds $238 million in BlackRock’s Bitcoin ETF shares

Key Takeaways Goldman Sachs’s Bitcoin ETF holdings are valued at over $418 million as of June 30. Goldman Sachs is the third largest holder of the IBIT fund. Goldman Sachs holds around $238 million worth of BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), as of June 30, the bank revealed in […]