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EUR/GBP Price Analysis: Consolidating Sideways As Technical Indicators Neutralize

EUR/GBP Price Analysis: Consolidating Sideways As Technical Indicators Neutralize

Image Source: Pixabay The EUR/GBP pair is consolidating sideways between 0.8410 and 0.8450. The RSI is flat at 43, while the MACD is also neutral with the MACD red bars declining. The pair could break out of this range if the volume picks up. In Monday’s session, the EUR/GBP pair mildly declined to 0.8440, facing a mixed technical […]
Record Weekly Declines In Miners And Bitcoin

Record Weekly Declines In Miners And Bitcoin

So yes, that’s exactly what happened.The GDXJ closed the weekly with a record (nominal) decline – that we haven’t seen since May 2022.  The above chart shows that the multi-top that the GDXJ is most likely forming is indeed (as I wrote about it before) similar to what we saw at the 2020 top. Zooming in […]
Ether.fi chooses Scroll as its L2 settlement layer, announces crypto-based credit card

Ether.fi chooses Scroll as its L2 settlement layer, announces crypto-based credit card

Key Takeaways Ether.fi’s partnership with Scroll introduces gasless transactions for its credit card users. The new partnership is expected to significantly boost Scroll’s total value locked. Share this article Restaking protocol Ether.fi has chosen Scroll as its layer-2 blockchain for settlement, paving the way for the launch of its planned credit card and lending market.Scroll, […]
SILVER Trading Strategy, XAGUSD Analysis & XAGUSD Forecast – Monday, September 9

SILVER Trading Strategy, XAGUSD Analysis & XAGUSD Forecast – Monday, September 9

Today you will see SILVER price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAGUSD. What to expect where the price will breakout for the XAGUSD based on the supply and demand zones.Video Length: 00:03:28 More By This Author:Gold Confirmed Yesterday Analysis And Now Targeting 2525.80. […]
USD/JPY Pauses, But This Is Temporary

USD/JPY Pauses, But This Is Temporary

The USD/JPY pair halted its decline around 142.98 on Monday. However, this pause in the yen’s rally should not be misleading, as it comes amid uncertainty surrounding the extent of the anticipated monetary policy easing by the US Federal Reserve. The latest US employment report provided little information for adjusting forecasts of the Fed’s interest […]
Gold Unscathed By NFP-Inspired Dollar Volatility

Gold Unscathed By NFP-Inspired Dollar Volatility

The US dollar, and consequently gold, experienced quite a bit of intra-day volatility on Friday due to weaker-than-expected US jobs data and a couple of Federal Reserve speeches, leaving uncertainty about whether the Fed will cut interest rates by 25 or 50 basis points on September 18. This week’s US inflation data might provide more […]
Equity Longs Come Up Short, Fail To Exploit Decent Breakout Opportunity On S&P 500

Equity Longs Come Up Short, Fail To Exploit Decent Breakout Opportunity On S&P 500

Equity bulls agonizingly failed to turn a potentially lucrative technical setup on the S&P 500 to their advantage. The Russell 2000 already has not been able to escape a two-plus-year range and the Nasdaq 100 has of late transitioned from a leader to a laggard. The S&P 500 peaked on July 16th at 5670 and shed […]
Stocks Uncertain Ahead Of CPI Data And Fed Decision

Stocks Uncertain Ahead Of CPI Data And Fed Decision

Stocks are set to rebound from Friday’s low, but will it be an upward reversal?Stocks extended their short-term downtrend on Friday, with the S&P 500 index closing 1.73% lower after reaching a local low of 5,402.62. The market reacted to lower-than-expected monthly jobs data, among other factors. However, this morning, the index is likely to […]
BAJAJAUTO Stocks Elliott Wave Technical Analysis – Monday, September 9

BAJAJAUTO Stocks Elliott Wave Technical Analysis – Monday, September 9

BAJAJ AUTO – BAJAJAUTO (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate degree, orange)  Mode: Motive  Structure: Impulse  Position: Minor Wave 5 Grey.  Details: Minor Wave 5 Grey is now progressing higher against 9382 low. Prices have taken out 11060 mark confirming larger degree trend higher as Intermediate Wave (5) is unfolding. One more push above 11500 looks possible. Invalidation point: 9382Bajaj Auto Daily Chart Technical Analysis and potential Elliott Wave Counts: Bajaj Auto […]
GOLD Trading Strategy, XAUUSD Analysis & XAUUSD Forecast – Monday, September 9

GOLD Trading Strategy, XAUUSD Analysis & XAUUSD Forecast – Monday, September 9

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: 00:03:05More By This Author:Gold Confirmed Yesterday Analysis And Now Targeting 2525.80. […]