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GBP/USD Analysis: Pound Hovering Around $1.31

GBP/USD Analysis: Pound Hovering Around $1.31

The GBP/USD exchange rate was hovering around $1.31 at the beginning of September, following a 2.1% gain in August. Primarily, this was driven by diverging monetary policy expectations between the United States and the United Kingdom. Weaker US economic data and hints from Federal Reserve Chair Jerome Powell about potential interest rate cuts weakened the […]
Soybean Commodity Elliott Wave Technical Analysis 1

Soybean Commodity Elliott Wave Technical Analysis 1

Soybean Elliott Wave AnalysisThe long-term bearish cycle for soybeans, which began in June 2022, continues to push prices lower, currently trading near a four-year low. The downtrend shows no signs of a major reversal, and investors are likely to continue selling on rallies until a definitive bottom is reached. Technically, no significant reversal signals have been identified, indicating that […]
Hang Seng Index Elliott Wave Technical Analysis 1

Hang Seng Index Elliott Wave Technical Analysis 1

Hang Seng Index – Elliott Wave Analysis (Day Chart)FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Gray Wave 2 POSITION: Orange Wave 3 DIRECTION NEXT HIGHER DEGREES: Gray Wave 3 DETAILS: Gray Wave 1 is completed, with Gray Wave 2 currently unfolding. Wave Cancel Invalidation Level: 16,470.25The Hang Seng Index daily chart, analyzed through Elliott Wave principles, reveals that the market is in a counter-trend […]
USD/CAD Price Analysis: Buyers Emerge Amid Falling Oil

USD/CAD Price Analysis: Buyers Emerge Amid Falling Oil

The USD/CAD price analysis leans bullish, with the Canadian dollar falling due to a decline in oil prices. At the same time, investors remained cautious as markets prepared for the US monthly employment report. Oil prices eased Tuesday as Chinese demand concerns intensified, overshadowing Libya’s supply worries. A drop in oil weakens the Canadian dollar, a […]
Faced With Stagnant Domestic Growth China Starts A New Global Trade War

Faced With Stagnant Domestic Growth China Starts A New Global Trade War

China is going all in on exports to revive growth led by EVs. Trump vows to strike back with 60 percent tariffs.Accelerated Global Trade WarThe Wall Street Journal comments China Is Starting a New Trade War. China is cranking up its massive export machine again, and this time there’s nowhere for competitors to hide. A Massachusetts […]
Buy 60,000 Houses For $39.77

Buy 60,000 Houses For $39.77

Summary I own AMH for its 60,000 single-family homes in prime locations, promising long-term capital appreciation and inflation-adjusted revenue. Barchart’s powerful screening tools identified AMH due to its strong technical buy signals, consistent price appreciation, and Trend Seeker buy signal. AMH is a leading REIT with a disciplined property acquisition process and has received multiple […]
Four Stocks To Watch – Monday, September 02

Four Stocks To Watch – Monday, September 02

WiseTraders Weekly Watchlist: September 02, 2024 – September 06, 2024 By most metrics this market is poised for further upside, but there have been few clean breakout so far.  The setups are there, so post Labor Day would be a good time for the market to reveal its hand, and hopefully push upwards.  Here are […]
Bitcoin Crypto Price News Today Elliott Wave Technical Analysis – Tuesday, September 3

Bitcoin Crypto Price News Today Elliott Wave Technical Analysis – Tuesday, September 3

Elliott Wave Analysis TradingLounge Daily Chart,Bitcoin / U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double Correctiveposition: Wave ((Y))Direction Next higher Degrees: wave IVWave Cancel invalid level: Details: The decline of wave IV is likely to end and the price is re-entering the uptrend.Bitcoin / U.S. dollar(BTCUSD)Trading Strategy:It looks like the wave IV correction is complete […]
USD/CAD Faces Testing Week: ISM PMIs, BoC Rate Decision And Jobs Reports

USD/CAD Faces Testing Week: ISM PMIs, BoC Rate Decision And Jobs Reports

The USD/CAD faces a big test this week, for not only do we have significantly important data from the US, but there’s also a rate decision across the northern border in Canada. Meanwhile, we will also have the August employment report to look forward to from Canada on Friday. Incidentally, the Canadian jobs report will […]
Nexo resumes onboarding of UK clients with full FCA compliance

Nexo resumes onboarding of UK clients with full FCA compliance

Key Takeaways Nexo resumes UK client registrations with updated compliance measures. The company recognizes the importance of educating clients about the regulatory framework and aims to provide tailored educational resources to help clients make informed decisions. Share this article Nexo, a leading digital asset service provider, has resumed accepting new client registrations in the United […]