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GBP/USD Analysis: US Holiday May Dampen Performance

GBP/USD Analysis: US Holiday May Dampen Performance

As trading begins this week, there will be a US holiday that will weaken investor sentiment and market liquidity, and accordingly, today the price of the British pound against the US dollar GBP/USD is expected to move in its current range on the threshold of support 1.3100, down amid profit-taking sales from the resistance level […]
The Reality Of The Energy Transition

The Reality Of The Energy Transition

I recently presented at Las Vegas MoneyShow on the energy transition. I was later interviewed on the topic on the Financial Sense podcast (link). This article highlights the major points made in that presentation and subsequent interview. depositphotos The concept of the “energy transition” emerged after the 1973 oil crisis and was widely popularized by President Jimmy […]
NZD/USD Forex Elliott Wave Technical Analysis – Monday, September 2

NZD/USD Forex Elliott Wave Technical Analysis – Monday, September 2

NZD/USD Elliott Wave Analysis – Trading Lounge Day ChartNew Zealand Dollar/U.S. Dollar (NZD/USD) Day ChartNZD/USD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Orange Wave 4 Position: Navy Blue Wave 1 Direction Next Higher Degrees: Orange Wave 5 Details: Orange Wave 3 appears to be completed, and now Orange Wave 4 of 1 is in progress. Wave Cancel Invalidation Level: 0.58517 The […]
Getting Practical With The 3-5-7 Rule

Getting Practical With The 3-5-7 Rule

Trading can sometimes feel unpredictable, and it’s easy to get caught up in the ups and downs. That’s why having a clear, straightforward strategy can make a big difference. The 3-5-7 rule is one of those strategies. It’s not about complex calculations or advanced techniques—it’s about making sure you secure profits steadily and reduce risk […]
CAD/JPY Forex Signal: Yen Weakens Amid Recovery 
                    
 

CAD/JPY Forex Signal: Yen Weakens Amid Recovery  

Potential signal: The pair is a buy if we get above the 108.81 level, with a stop loss at the 107 region. The target would be the 111.25 level. You can see that the Canadian dollar has rallied a bit during the trading session on Friday against the Japanese yen, and it looks like we […]
USD/JPY Trades Higher As Investors Continue To Bet On The US Economy 
                    
US employment data key for USD/JPY

USD/JPY Trades Higher As Investors Continue To Bet On The US Economy US employment data key for USD/JPY

USD/JPY is trading up a half a percent in the 146.90s on Monday as the US Dollar (USD) continues its recovery from the late August lows, whilst the Japanese Yen (JPY) treads water. The US Dollar’s bounce gained some impetus after the release of July’s US Personal Consumption Expenditures (PCE) Price Index on Friday. The PCE […]
WISETECH GLOBAL LIMITED – WTC Stock Analysis & Elliott Wave Technical Forecast Monday, September 2

WISETECH GLOBAL LIMITED – WTC Stock Analysis & Elliott Wave Technical Forecast Monday, September 2

ASX: WISETECH GLOBAL LIMITED – WTC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WISETECH GLOBAL LIMITED – WTC. We see WTC.ASX may be starting to push higher with a ((iii))-navy wave.ASX: WISETECH GLOBAL LIMITED – WTC Elliott Wave Technical Analysis  ASX: WISETECH GLOBAL LIMITED – WTC 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Primary degree, navy)  Mode: Motive  Structure: Impulse  Position: Wave ((iii))-navy of Wave 3-grey of Wave (3)-orange of Wave ((3))-navy  Details: Wave ((ii))-navy appears to have ended, and wave ((iii))-navy may be unfolding to push higher. Target is at 141.82 high, while price must stay above 83.11 low to maintain this view.  Invalidation point: 83.11 ASX: TRANSURBAN GROUP – TCL Elliott Wave Technical Analysis TradingLounge (4-Hour Chart)ASX: WISETECH GLOBAL LIMITED – WTC Elliott Wave Technical Analysis ASX: WISETECH GLOBAL LIMITED – WTC 4-Hour Chart AnalysisFunction: Major trend (Minute degree, navy)  […]
Bitcoin Price Continues To Pull Back On Monday

Bitcoin Price Continues To Pull Back On Monday

Bitcoin chart analysisOver the weekend, Bitcoin’s price continued its bearish consolidation. In front of us was the EMA 50 moving average, which directed the bearish trend. In the weekend session, the price fell to a new weekly low of $57,131. With that, we fell below Friday’s low and formed a new lower low. All this […]
Microsoft Signs 20-Year Solar Energy Purchase Agreement In Singapore With EDP Renewables

Microsoft Signs 20-Year Solar Energy Purchase Agreement In Singapore With EDP Renewables

Renewable energy producer EDP Renewables (EDPR) announced a new 20-year agreement with Microsoft (MSFT) through which the tech giant will purchase 100% of the renewable energy exported to the grid through EDPR’s SolarNova 8, the largest solar project in Singapore. depositphotos Launched in 2014, Singapore’s SolarNova program is a government-led program aimed at accelerating the deployment of […]
Silver Remains Bullish Despite A Slow Down

Silver Remains Bullish Despite A Slow Down

We talked about silver already back on August 02, when we mentioned and highlighted a higher degree wave IV correction that can push the price back to highs for wave V.Silver actually bounced strongly in the 4-hour chart after we noticed a completed A-B-C correction in wave IV, so bulls for wave V can be […]