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Elliott Wave Technical Forecast: Ramsay Health Care Limited 

Elliott Wave Technical Forecast: Ramsay Health Care Limited 

Image Source: Unsplash  Unlocking ASX Trading Success: Ramsay Health Care Limited   – RHC Stock Analysis & Elliott Wave Technical ForecastASX: Ramsay Health Care Limited  – RHC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with Ramsay Health Care Limited  – RHC. Previously in our Top 50 ASX Stocks service, we accurately […]
Gold Forecast: Continues To Find Buyers

Gold Forecast: Continues To Find Buyers

Gold finds buyers amid risk aversion, potential central bank actions. With interest rates rising, gold is buoyed by safety asset demand. Supports at $2200, $2150. Gold markets initially pulled back just a bit during the trading session on Wednesday, but then turned around to show signs of life yet again. Ultimately, this is a market […]
US Jobs Report Preview And Market Impact

US Jobs Report Preview And Market Impact

Image source: Pixabay  On Friday, we’ll get the always anticipated monthly employment report out of the US. But this time around, things could get even more exciting given where things stand heading in. Where is that exactly?Video Length: 00:01:47More By This Author:Counterintuitive Price Action Currencies And Stocks Out Of Sync Are US Equities At Risk For […]
More Layoffs: Is AI The Reason For Amazon Jobs Cuts In Cloud Computing?

More Layoffs: Is AI The Reason For Amazon Jobs Cuts In Cloud Computing?

Image Source: DepositPhotosAmazon, the tech giant, has announced significant job cuts affecting hundreds of employees in its cloud computing business, Amazon Web Services (AWS), as well as its physical stores technology team.According to Amazon’s latest financial report, AWS has been a substantial contributor to the company’s revenue, comprising 14% of its total earnings.However, amidst ongoing […]
GBP/USD Forex Signal: Bulls Testing Key Resistance At $1.2657

GBP/USD Forex Signal: Bulls Testing Key Resistance At $1.2657

GBP/USD eyes resistance at $1.2657; bullish above $1.2588, bearish below $1.2710. US Dollar Index hints at further USD weakness. Watch for price action.My previous GBP/USD signal on 1st April was not triggered, as there was no bullish price action when the support level was first reached that day. Today’s GBP/USD Signals Risk 0.75%. Trades may be entered between […]
BTC/USD Forex Signal: Bearish Pennant Pattern Points To More Downside

BTC/USD Forex Signal: Bearish Pennant Pattern Points To More Downside

BTC/USD faces downside risk; bearish pennant signals more drop. Sell with target at 62,500, stop-loss at 63,400. Bullish view: Buy at 66,000, target 68,400. Bearish view Sell the BTC/USD pair and set a take-profit at 62,500. Add a stop-loss at 63,400. Timeline: 1-2 days.  Bullish view Set a buy-stop at 66,000 and a take-profit at 68,400. […]
Two Trades To Watch: EUR/USD, Oil Forecast – Thursday, April 4

Two Trades To Watch: EUR/USD, Oil Forecast – Thursday, April 4

Image Source: Unsplash  EUR/USD rises post-Powell & ahead of the ECB minutes Powell said the Fed will still cut this year ECB meeting minutes will be released EUR/USD rises above the 200 SMA EUR/USD is heading higher for a third straight day on U.S. dollar weakness after Federal Reserve chair Powell’s comments yesterday and ahead of […]
Fed Rate Hiking Cycles And Recessions: A History Lesson

Fed Rate Hiking Cycles And Recessions: A History Lesson

In “The Market Will Soon Hit An Air Pocket And Drop 20% In A Matter Of Months” (Thursday March 28) the second reason I gave for the coming crash was: Monetary policy acts with a lag and will hit the economy shortly. Historically, when the Fed hikes rates so much, it causes the economy to roll over […]
Daily Market Outlook – Thursday, April 4

Daily Market Outlook – Thursday, April 4

Image Source: Unsplash  Asian stock markets are mostly trading higher on Thursday, following the positive cues from global markets overnight. This comes as traders react to the latest remarks from US Fed officials, which have helped to alleviate concerns about the outlook for interest rates. Fed Chair Jerome Powell reiterated during remarks at Stanford University that […]
EUR/USD Recovers On Weaker US Services PMIs

EUR/USD Recovers On Weaker US Services PMIs

EUR/USD is rebounding and trading back above 1.0800 on Thursday, following the release of lower-than-expected ISM Services PMI data from the US. The data increases the probability of the Federal Reserve (Fed) cutting interest rates by June, bringing it more in line with the more concrete expectations of when the European Central Bank (ECB) will start cutting rates. The US Dollar […]