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The Coca-Cola Company Stocks Elliott Wave Technical Analysis – Tuesday, September 24

The Coca-Cola Company Stocks Elliott Wave Technical Analysis – Tuesday, September 24

KO Elliott Wave Analysis Trading Lounge Daily Chart,The Coca-Cola Company, (KO) Daily ChartKO Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave 3DIRECTION: Upside in wave 3.DETAILS: Looking for the last push up into wave {v} of 3 as we have been correcting around the middle of MG2 at 72$. Looking for 80$ as upside target for wave […]
Monetary Policy Divergence Front And Center

Monetary Policy Divergence Front And Center

Earlier today, the Reserve Bank of Australia left rates on hold while maintaining a relatively hawkish, and certainly less dovish tone. The move comes on the heels of last week’s dovish Fed decision and highlights a growing monetary policy divergence between the Fed and other major central banks which is having a clear impact on […]
XRP Price Defends Support: Will Bulls Take Over?

XRP Price Defends Support: Will Bulls Take Over?

XRP price is consolidating above the $0.5785 support. The price must settle above $0.5920 and $0.600 to start a fresh increase in the near term. XRP price is still trading below the $0.600 resistance zone. The price is now trading below $0.590 and the 100-hourly Simple Moving Average. There is a major bearish trend line […]
Chinese Markets Surge As PBOC Unveils Aggressive Stimulus Measures To Boost Economic Growth

Chinese Markets Surge As PBOC Unveils Aggressive Stimulus Measures To Boost Economic Growth

The strong rally in Chinese markets reflects the positive response to the People’s Bank of China’s (PBOC) aggressive stimulus measures aimed at boosting the struggling economy. The significant one-day gains in the Shanghai Composite and Shenzhen Component show investor optimism, especially as the PBOC unveiled a range of easing policies, including cutting the reserve requirement […]
KOSPI Composite Index Elliott Wave Technical Analysis – Tuesday, September 24

KOSPI Composite Index Elliott Wave Technical Analysis – Tuesday, September 24

KOSPI Composite Elliott Wave Analysis – Trading Lounge Day ChartKOSPI Composite Elliott Wave Technical AnalysisFunction: Trend Mode: Impulsive Structure: Orange wave 3 Position: Navy blue wave 1 Next Lower Degrees Direction: Orange wave 4 Invalidation Level: 2381.93The KOSPI Composite Elliott Wave analysis on the daily chart suggests a developing trend in an impulsive mode. The wave structure currently identified is orange wave 3, indicating that […]
Visual Comparisons Of Median Household Income Estimates In The 21st Century

Visual Comparisons Of Median Household Income Estimates In The 21st Century

The U.S. Census Bureau released its annual estimate of median household income in the United States for 2023 earlier this month. At $80,610, it has nearly doubled 2000’s median household income of $41,990.Since the Census Bureau releases its annual estimates in September of the year following the year to which its income data belongs, that leaves room for […]
Ethereum, After A Month, Again Above The $2700 Level

Ethereum, After A Month, Again Above The $2700 Level

Ethereum chart analysisOver the weekend, the price of Ethereum climbed above the $2600 level. On Monday, we saw new momentum and growth to a new high at the $2703 level. A slight loss of momentum in that zone led to a pullback and support at $2610. There, we met the EMA 50 moving average, which was good […]
AUD/USD Reaches Yearly High Amid Positive Stimulus News From China

AUD/USD Reaches Yearly High Amid Positive Stimulus News From China

The AUD/USD pair tested the 0.6860 mark on Tuesday, reaching its highest point in 2024, bolstered by supportive economic news from China. The People’s Bank of China (PBoC) announced stimulus measures to boost the Chinese economy. These measures positively influence the Australian dollar due to the close economic ties between Australia and China.The Reserve Bank […]
Silver Storm; Primed For Next Leg Of Epic Bull Market!

Silver Storm; Primed For Next Leg Of Epic Bull Market!

Gold & silver are having an extraordinary year, up 25.5% & 31.0% year-to-date to $2,591/oz. & $31.23/oz. As expected, the stocks of many producers are up substantially. Newmont, Agnico Eagle, Kinross, Alamos Gold, Hecla Mining, Pan American Silver & Coeur Mining, are up an average of +115% from their 52-wk lows.However, in most cases, gold (“Au”) & silver (“Ag”) junior miners have […]
EUR/GBP Forecast: Euro Plunges Against Sterling

EUR/GBP Forecast: Euro Plunges Against Sterling

I believe that the EUR/GBP pair is worth watching due to the fact that we have absolutely collapsed at this point, and it looks like the market is likely to continue to see traders favor the British pound over the euro. The 0.84 level has been an area that a lot of people paid close […]