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BTC/USD Forex Signal: Natural Bearish Retracement From All-Time High

BTC/USD Forex Signal: Natural Bearish Retracement From All-Time High

My previous BTC/USD signal on 4th November was not triggered, as there was no bullish price action at the support levels which I had identified that day.  Today’s BTC/USD Signals Risk 0.50% per trade. Trades must be entered before 5pm Tokyo time Thursday. Long Trade Ideas Long entry after a bullish price action reversal on the H1 […]
Elliott Wave Technical Analysis TASI Index

Elliott Wave Technical Analysis TASI Index

TASI Index Elliott Wave Analysis Trading Lounge Day Chart TASI Index Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Gray wave 3 Position: Orange wave 3 Direction Next Lower Degrees: Gray wave 4 Details: Gray wave 2 is complete. Gray wave 3 is now active. Wave Cancel Invalid Level: 11324.751 The Elliott Wave analysis for the TASI Index daily chart from Trading […]
FX Daily: CPI May Keep Dollar Going

FX Daily: CPI May Keep Dollar Going

Image Source: Unsplash  The dollar rally is at risk of some positioning-led correction, but we expect that US core CPI will come in at a relatively hot 0.3% MoM, which should keep markets rather hawkish on Fed pricing.   USD: Inflation may stay too hotThe second round of post-election Trump trades has now taken the DXY dollar […]
Inflation Remains Americans’ Biggest Concern: Will It Stay High In Trump’s Second Term?

Inflation Remains Americans’ Biggest Concern: Will It Stay High In Trump’s Second Term?

Image Source: Pixabay Trump’s proposed tariffs and potential Fed influence could drive inflation higher, affecting consumer prices. Deregulation may boost job creation, but rising wages could increase costs for goods and services. Labor shortages from immigration policies could lead to higher food and housing prices. Inflation has been a top concern for Americans, and it was […]
Banks Report Tighter Standards, Weaker Loan Demand But Some Improvement As Financial Conditions Continue To Ease

Banks Report Tighter Standards, Weaker Loan Demand But Some Improvement As Financial Conditions Continue To Ease

Image source: PixabayThe last time we looked at the senior loan officer survey (SLOOS) several months ago, we found “tighter standards and weaker demand for commercial and industrial (C&I) loans to firms of all sizes over the third quarter” in addition to tighter standards and less demand for most other loan categories.So fast forward to today when the latest […]
Fed: Why They Will Cut Rates (But Probably Should NOT)

Fed: Why They Will Cut Rates (But Probably Should NOT)

Image Source: PexelsBy most measures, including the recent nonmanufacturing PMI report, the economy was roaring even before the Fed’s Sept. 18 meeting when the FFR was cut by 50 bps. When the Fed cut by 50 bps rather than 25 bps, we immediately concluded that was too much, too soon.The Bond Vigilantes have agreed with our […]
Elliott Wave Technical Analysis: British Pound/U.S. Dollar Forex

Elliott Wave Technical Analysis: British Pound/U.S. Dollar Forex

Photo by Colin Watts on Unsplash GBPUSD Elliott Wave Analysis Trading Lounge  British Pound/U.S. Dollar (GBPUSD) Day ChartGBPUSD Elliott Wave Technical Analysis Function: Bearish Trend Mode: Impulsive Structure: Navy blue wave 1 Position: Gray wave 1 Direction Next Higher Degrees: Navy Blue Wave 2 Details: Navy Blue Wave 1 remains active. Wave Cancel Invalid Level: 1.34351 The Elliott Wave analysis for the GBPUSD daily chart from Trading Lounge highlights […]
NZD/USD Remains On The Defensive Below 0.5950 As Traders Await US CPI Data

NZD/USD Remains On The Defensive Below 0.5950 As Traders Await US CPI Data

Image Source: Pixabay NZD/USD holds steady around in Wednesday’s Asian session.  The US October CPI inflation report will be closely watched on Wednesday. Trump’s tariff plans might cap the upside for the Kiwi in the near term.  The NZD/USD pair trades flat near 0.5930 during the Asian trading hours on Wednesday. However, the upside of the pair might […]
Australian Dollar Recovers Losses As PM Albanese Shares About Trade Discussion With Trump

Australian Dollar Recovers Losses As PM Albanese Shares About Trade Discussion With Trump

Image Source: Unsplash The Australian Dollar appreciates as PM Albanese has shared about a trade discussion with Trump last week. Australia’s Wage Price Index increased by 3.5% YoY in Q3, down from a 4.1% rise in Q2. The US Consumer Price Index data release will be eyed in the North American session. The Australian Dollar (AUD) attempts to […]
Current Report: Komatsu Limited

Current Report: Komatsu Limited

Image Source: PixabayKomatsu (KMTUY) manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as parts, financing, and maintenance.Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction.Through its subsidiary, Komatsu Mining (previously Joy Global it was acquired), the […]