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Elliott Wave Technical Analysis: Euro/U.S. Dollar – Monday, Oct. 21

Elliott Wave Technical Analysis: Euro/U.S. Dollar – Monday, Oct. 21

EURUSD Elliott Wave Analysis – Trading Lounge Euro / U.S. Dollar (EURUSD) – Day ChartEURUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Navy Blue Wave 2 Position: Gray Wave C Direction Next Lower Degrees: Navy Blue Wave 3 Details: Navy Blue Wave 1 appears completed, and now Navy Blue Wave 2 is in progress. Wave […]
FTSE Follows U.S. Markets Lower, Ahead Of Bevy Of BoE Speakers

FTSE Follows U.S. Markets Lower, Ahead Of Bevy Of BoE Speakers

Image Source: Pexels Britain’s main stock index opened largely unchanged on Monday as increases in commodity-related stocks were counterbalanced by declines in utility companies, while investors await insights from Bank of England officials this week. Heading into the close, the blue-chip benchmark is trading moderately lower as sentiment soured Stateside ahead of major earnings releases later […]
Softs Report – Monday, Oct. 21

Softs Report – Monday, Oct. 21

Image Source: Pexels  CottonGeneral Comments: Cotton was lower last week as export demand remains weak and traders do not expect much improvement in at least the short term. There are still ideas and reports of weaker demand potential against an outlook for improved US production in the coming year. There have been demand concerns about Bangladesh […]
EUR/JPY Trades At Top Of Range As Euro Remains Supported By ECB’s Wait-And-See Stance

EUR/JPY Trades At Top Of Range As Euro Remains Supported By ECB’s Wait-And-See Stance

 Image Source: Pixabay   EUR/JPY trades near the top of a ten-week range as the Euro remains supported by ECB Kazimir’s comments.  Kazimir said the governing council would be watching the data closely in December and decide then what to do.  The Yen comes under pressure as analysts see it at fair value and the governing […]
Asian Stock: GD Power Development

Asian Stock: GD Power Development

Company: GD Power Development Company LimitedBloomberg ticker: 600795 SHMarket cap: US$12,154mBackground: GD Power Development Company Limited offers power generation and power project development services. The Company provides wind power, thermal power, and hydropower services. GD Power Development also conducts coal operation and heating businesses.  World Class Benchmarking of GD Power Development Profitable Growth rank of 8 was same compared […]
Sensex Today Ends 73 Points Lower; Nifty Below 24,800

Sensex Today Ends 73 Points Lower; Nifty Below 24,800

After opening the day lower, Indian benchmark indices continued the downtrend as the session progressed and ended the day on negative note.India stock markets traded under pressure on Monday as investors continued to book profit at higher levels amid the ongoing Q2 earnings season. Despite a near 3-per cent surge in HDFC Bank share price, […]
A Closer Look At The Recent Elevated Initial Claims

A Closer Look At The Recent Elevated Initial Claims

This week is another light one for economic data, so let me discuss a couple of points explaining why I am cautious, but not DOOOMing. Basically, because there are a lot of asterisks.Today let me follow up on initial jobless claims. The typical best way to look at these is YoY. If the percentage goes […]
GameSquare: At The Peak Of Its Game

GameSquare: At The Peak Of Its Game

GameSquare recently released some impressive numbers, following a potentially game-changing acquisition. We took a deep dive into the company, including an exclusive interview with its CEO, Justin Kenna.  Image Source: GameSquare Holdings In 2023, GameSquare Holdings, Inc. (GAME), with its media content and creative expertise, merged with Engine Media, an expert in data and tech […]
TRON DAO supports Princeton Blockchain Club’s Crypto TigerTrek as Ruby Sponsor

TRON DAO supports Princeton Blockchain Club’s Crypto TigerTrek as Ruby Sponsor

Share this article Geneva, Switzerland, October 21, 2024 – TRON DAO participated as a Ruby Sponsor at Princeton Blockchain Club’s 3rd Annual Crypto TigerTrek, a novel Princeton experience that brought together students and industry professionals for a week filled with discussions, networking, and educational sessions, all focused on the evolving landscape of blockchain technology.TRON DAO […]
USD/CHF Price Forecast: Corrects To Near 0.8630 Despite Upbeat US Dollar

USD/CHF Price Forecast: Corrects To Near 0.8630 Despite Upbeat US Dollar

USD/CHF drops to near 0.8630 even though the US Dollar resumes its upside journey. The SNB is expected to cut interest rates again in December. Investors expect the Fed to reduce interest rates gradually. The USD/CHF pair drops to near 0.8630 from the two-month high of 0.8370 in Monday’s North American session. The Swiss Franc […]