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Archives by Year:
AUDUSD Forex Elliott Wave Technical Analysis – Monday, October 7
AUDUSD Elliott Wave Analysis Trading Lounge Day Chart, Australian Dollar/U.S. Dollar (AUDUSD) Day Chart AUDUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Gray Wave 2 Position: Orange Wave 3 Next Higher Degree Direction: Gray Wave 3 Details: Gray Wave 1 appears to be complete, with Gray Wave 2 currently in progress. Wave Cancel Invalidation Level: 0.66237 The AUDUSD Elliott Wave Analysis for the […]
Analytical Overview Of The Main Currency Pairs – Monday, October 7
The EUR/USD currency pair Technical indicators of the currency pair: Prev. Open: 1.1031 Prev. Close: 1.0975 % chg. over the last day: -0.51 % On Friday, the Dollar Index rose more than 0.5% to nearly 102.5, the highest level since mid-August, after the release of a stronger-than-expected US jobs report that reduced the likelihood of a […]
AUD/USD Price Forecast: Defends 50% Fibo., Bulls Seem Non Committed Above 0.6800
The AUD/USD pair kicks off the new week on a positive note, snapping a two-day losing streak and stalling its recent pullback from the highest level since February 2023 touched last Monday. Spot prices currently trade just above the 0.6800 mark, up 0.20% for the day, though lack follow-through buying amid a bullish US Dollar (USD).The upbeat […]
Binance Crypto Price News Today Elliott Wave Technical Analysis – Monday, October 7
Elliott Wave Analysis TradingLounge Daily Chart,Binance/ U.S. dollar(BNBUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double Correctiveposition: Wave ((Y))Direction Next higher Degrees: wave (2)Wave Cancel invalid level: Details: Wave (2) is likely to end and the price is re-entering the uptrend.Binance/ U.S. dollar(BNBUSD)Trading Strategy:The correction in wave ((2)) seems to be over so we focus on the five-wave […]
AUD/USD Forex Signal: US Dollar Makes A Comeback
Bearish view Sell the AUD/USD pair and set a take-profit at 0.6700. Add a stop-loss at 0.6875. Timeline: 1-2 days. Bullish view Set a buy-stop at 0.6800 and a take-profit at 0.6900. Add a stop-loss at 0.6700. The Australian dollar retreated for four consecutive days, erasing most of the gains made in September. The AUD/USD exchange […]
USDollar Is In Higher Degree Recovery Mode
Dollar Index with ticker DXY has turned bearish after the corrective rally stopped at 105.70-106, an important resistance area at the end of June. Since then, the price even accelerated lower through summer so it appears that a bearish impulse, but with current sharp bounce out of an ending diagonal on 4h TF, we believe that […]
Dollar Recovers After Impressive US Jobs Report
We come into the new week with the market still digesting the latest employment report out of the US. The robust across the board data has been enough to shake out plenty of Dollar shorts as Fed rate expectations for a November cut sink back down to 25 basis points versus 50.Video Length: 00:01:17More By […]
Unlocking ASX Trading Success: ALL Stock Analysis & Elliott Wave Technical Forecast
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with ARISTOCRAT LEISURE LIMITED – ALL. We see wave (v)-orange of wave ((iii))-navy still unfolding to push higher.ASX: ARISTOCRAT LEISURE LIMITED – ALL 1D Chart (Semilog Scale) Tradinglounge AnalysisFunction: Major trend (Minor degree, grey) Mode: Motive Structure: Impulse Position: Wave (v)-orange of Wave ((v))-navy Details: Wave (iv)-orange probably ended closest […]
As Yelp Turns 20, Online Reviews Continue To Confound And Confuse Shoppers Signs of foul play Real reviews can still mislead
DepositPhotos For the past 20 years, Yelp has been providing a platform for people to share their experiences at businesses ranging from bars to barbershops. According to the company, in that time the platform has published 287 million user reviews of over 600,000 businesses.There’s a reason review sites like Yelp are so popular. No one […]
Real Gross Product Is Increasing – Third Estimate
DepositPhotos Taken from the Bureau of Economic Analysis. Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Second Quarter 2024 and Annual UpdatePartial Report: Real gross domestic product (GDP) is increasing at an annual rate of 3.0 percent as shown in the second quarter of 2024 (table 1). This is according to […]
