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GBPAUD Forex Elliott Wave Technical Analysis – Tuesday, September 10

GBPAUD Forex Elliott Wave Technical Analysis – Tuesday, September 10

GBPAUD Elliott Wave Analysis – Daily Chart OverviewGBPAUD Elliott Wave Technical Analysis Trend: Bearish Mode: Impulsive Structure: Navy blue wave 3 Position: Gray wave 1 Next Direction: Lower levels, navy blue wave 3 in progress Wave Cancellation Invalid Level: 2.00400 Analysis BreakdownThe GBPAUD Elliott Wave analysis on the daily chart indicates a bearish trend. The current mode of the market is impulsive, suggesting strong downward price […]
Plugging Bad Data Into A Bad Model: Why Should We Have Confidence In The Federal Reserve?

Plugging Bad Data Into A Bad Model: Why Should We Have Confidence In The Federal Reserve?

By Mike Maharrey, Money Metals ExchangeThe Federal Reserve boasts of its data dependence. But what if it’s relying on bad data?Even worse, what if it’s plugging that bad data into a faulty model?In July, the Bureau of Labor Statistics (BLS) made massive downward revisions to the job numbers. Poof – the agency simply erased 111,000 […]
Euro Underperforms On Data Drag

Euro Underperforms On Data Drag

We’re back to seeing some Dollar selling and demand for stocks after things had gone south at the end of last week. Stocks were already happy to bid back up on Monday, before the US Dollar finally relented later in the day.Video Length: 00:0:58More By This Author:An Ugly Combination Of Data All Eyes On US […]
BTC/USD Forex Signal: Bulls Target The 50 EMA Price At 59,800

BTC/USD Forex Signal: Bulls Target The 50 EMA Price At 59,800

Bullish view Buy the BTC/USD pair and set a take-profit of 59,790. Set a stop-loss at 53,400. Timeline: 1-2 days.  Bearish view Set a sell-stop at 56,000 and a take-profit at 54,000. Add a stop-loss at 59,000. Bitcoin price rose for the third consecutive day as risk assets rebounded. The BTC/USD pair rose to the important […]
Gold Has Stuck. Waiting For Breakout, Gold Analysis & Gold Forecast – Tuesday, September 10

Gold Has Stuck. Waiting For Breakout, Gold Analysis & Gold Forecast – Tuesday, September 10

Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:42More By This Author:Platinum Trading Strateg, Analysis And Forecast – Monday, […]
Unlocking ASX Trading Success: XRO Stock Analysis & Elliott Wave Technical Forecast – Tuesday, September 10

Unlocking ASX Trading Success: XRO Stock Analysis & Elliott Wave Technical Forecast – Tuesday, September 10

ASX: XERO LIMITED – XRO Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with XERO LIMITED – XRO. We see XERO LIMITED developing under a Diagonal, and in the short term, it could continue to push higher.ASX: XERO LIMITED – XRO 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minute degree, navy)  Mode: Motive  Structure: Impulse  Position: Wave (v)-orange of Wave (i)-navy  Details: Perhaps the whole pattern is developing as a Diagonal, and since the low of 126.69, the (v)-orange wave is continuing to push higher as a Zigzag. The maximum target it can reach is lower than the high at 157.45.  Invalidation point: 138.60 ASX: XERO LIMITED – XRO  Elliott Wave Technical Analysis TradingLounge (4-Hour Chart)ASX: XERO LIMITED – XRO  Elliott Wave Technical Analysis ASX: XERO LIMITED – XRO  4-Hour Chart AnalysisFunction: Major trend (Minute degree, navy)  Mode: Motive  Structure: Impulse  Position: Wave c-grey of Wave (iv)-orangeDetails: Since the low at 126.68, the (v)-orange wave is pushing higher as a Zigzag within the larger-degree Diagonal pattern. It itself looks like it just completed the b-grey wave at the low at 138.60, and the […]
When Smart Money Is Wrong

When Smart Money Is Wrong

We learned a long time ago that we wanted to know what smart professional investors were doing. It’s always better to know who is smart rather than being smart yourself. Therefore, we’ve constantly kept track of insider buying, what great investors like Warren Buffett and Carlos Slim were doing, and what the most successful hedge […]
The Dangers Of Money Printing: Thomas Jefferson And The Financial Panic Of 1819

The Dangers Of Money Printing: Thomas Jefferson And The Financial Panic Of 1819

By Mike Maharrey, Money Metals ExchangeTo steal a phrase from Thomas Jefferson, the Federal Reserve and the U.S. government have buried us under a “deluge of paper money.” We deal with the consequences of this monetary malfeasance every time we go to the grocery store or the gas station. Our rapidly deprecating money buys less and […]
Daily Market Outlook – Tuesday, September 10

Daily Market Outlook – Tuesday, September 10

“Markets Rebound, China Concerns Linger, US Presidential Debate Eyed”On Tuesday, Asian stocks experienced a modest advance; however, they were unable to maintain an optimistic rally on Wall Street due to concerns regarding the Chinese economy’s decline. Overnight data indicated that China’s exports experienced their most significant growth since March 2023 in August. This suggests that […]
Metal Markets Report For Monday, Sept 9

Metal Markets Report For Monday, Sept 9

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:11:01More By This Author:Financial Markets Report For Monday, Sept 9Metal Markets Report For Friday, Sept 6Financial Markets Report For Friday, Sept 6