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Elliott Wave Technical Analysis: Vechain Crypto Price News For Wednesday, Oct 16

Elliott Wave Technical Analysis: Vechain Crypto Price News For Wednesday, Oct 16

Image Source: PixabayElliott Wave Analysis TradingLounge Daily ChartVechain/ U.S. dollar(VETUSD)VETUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: Double CorrectivePosition: Wave ((Y))Direction Next higher Degrees: wave II of ImpulseWave Cancel invalid Level:Details: Wave II may not be complete, price is likely to be below 0.01781.Vechain/ U.S. dollar(VETUSD)Trading Strategy: This is a Five-wave retracement of wave (C), where we […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Wednesday, Oct 16

Gold Trading Strategy, XAUUSD Analysis & Forecast – Wednesday, Oct 16

Image Source: PixabayToday 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: 00:03:10More By This Author:Gold Trading Strategy Today – Tuesday, Oct. […]
Index Signs

Index Signs

Image Source: PexelsIt was a very interesting Tuesday. Let’s look at five index charts. The first, the Nasdaq Composite, blew past its price gap Monday, only to fall back below the gap Tuesday. Not only is it a failed bullish breakout, it is also a bearish engulfing pattern.The exact same thing can be said for Nasdaq 100. What will it take […]
Current Report: Telecom Argentina

Current Report: Telecom Argentina

Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Telecom Argentina SA (TEO) offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services, and fixed telephony services.It also provides other telephone-related services such as international long-distance and […]
All Hail The Fed – A New Day Dawns

All Hail The Fed – A New Day Dawns

Image Source: PexelsALL HAIL THE FED! As investors continue to gobble up stocks and the dollar prices of most assets continue to climb, it would appear that all is well. Concerns about weakening economic activity and recession have been moved to the back burner. Now, the focus is squarely on inflation.Investor expectations for inflation are being rekindled […]
Bitcoin cuts out predatory banking, empowers the unbanked, says pro-XRP attorney John Deaton

Bitcoin cuts out predatory banking, empowers the unbanked, says pro-XRP attorney John Deaton

Key Takeaways John Deaton sees Bitcoin as a revolutionary tool that can help people avoid predatory fees associated with traditional banking systems. He believes that Warren’s policies do not align with the needs of the working class and instead favor established financial institutions. Share this article Bitcoin could help eliminate the need for predatory banks […]
Australian Dollar Continues To Lose Ground Despite Hawkish Remarks From RBA Hunter

Australian Dollar Continues To Lose Ground Despite Hawkish Remarks From RBA Hunter

Image Source: Unsplash The Australian Dollar extends its losing streak due to economic woes in China. RBA’s Hunter indicated that although inflation expectations remain anchored, persistent price growth continues to present challenges for the central bank. The US Dollar appreciates as strong jobs and inflation data have reduced the odds for aggressive easing by the Fed. […]
Japanese Yen Remains On The Front Foot Against USD, Upside Potential Seems Limited

Japanese Yen Remains On The Front Foot Against USD, Upside Potential Seems Limited

Image Source: Pixabay The Japanese Yen attracts some haven flows, though it lacks bullish conviction. The BoJ rate-hike uncertainty and disappointing data cap the upside for the JPY. Smaller Fed rate cut bets underpin the USD and offer some support to USD/JPY. The Japanese Yen (JPY) strengthened against its American counterpart on Tuesday and reversed a […]
Asia Morning Bites For Wednesday, Oct 16

Asia Morning Bites For Wednesday, Oct 16

Image Source: Unsplash Global Macro and Markets   Global Markets: In the US, earnings data was the key driver of markets. Weak earnings for ASML, which makes the world’s most advanced chipmaking machines, triggered a fall in tech stocks. ASML fell 16% and NVIDIA (NVDA) dropped 4.5%. The S&P 500 slipped 0.9% to around 5815. Former President […]
Financial Markets Report For Tuesday, Oct 15

Financial Markets Report For Tuesday, Oct 15

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, Oct 15.Video Length: 00:11:34More By This Author:Financial Markets Report For Thursday, Oct 10Metal Markets Report For Wednesday, Oct 9Financial Markets Report For Wednesday, Oct 9