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Bitcoin Perfect Reaction Higher From Blue Box Area

Bitcoin Perfect Reaction Higher From Blue Box Area

Image Source: PixabayIn this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Bitcoin ticker symbol: $BTCUSD. We presented to members at the elliottwave-forecast. In which, the rally from the 11 September 2023 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to take […]
What Is An ETF For Dummies? Unlocking Strategic Insights

What Is An ETF For Dummies? Unlocking Strategic Insights

Image Source: PixabayIntroduction:In the words of the great philosopher Aristotle, “The whole is greater than the sum of its parts.” This statement holds regarding investing in Exchange-Traded Funds (ETFs). As a beginner investor, you might wonder, “What is an ETF for Dummies?”An exchange-traded fund (ETF) is a type of investment security that pools together various assets, including stocks, […]
GBP/USD Price Analysis: Holds Position Below The Major Level Of 1.2650

GBP/USD Price Analysis: Holds Position Below The Major Level Of 1.2650

Image Source: Unsplash GBP/USD could meet the immediate barrier at 23.6% Fibonacci and a major level of 1.2650. Technical analysis suggests a confirmation of a bearish momentum for the pair. The key support could be met around the psychological support level of 1.2600. GBP/USD attempts to continue gaining ground, advancing to near 1.2640 during the Asian […]
EUR/JPY Trades With A Mild Bullish Bias Above 164.00 Amid Intervention Fears

EUR/JPY Trades With A Mild Bullish Bias Above 164.00 Amid Intervention Fears

Image Source: Pixabay EUR/JPY posts modest gains around 164.10 in Tuesday’s early European session.  Some verbal intervention from Japanese authorities lifts the Japanese Yen.  ECB’s Panetta said the inflation trend was making a rate cut possible.  The EUR/JPY cross trades with a mild bullish bias above the 164.00 mark during the early European session on Tuesday. […]
AI Implementation In Business: Lessons From Diverse Industries

AI Implementation In Business: Lessons From Diverse Industries

Photo by Mohamed Nohassi on UnsplashArtificial intelligence has been introduced to companies around the world, with some good results and some waste of resources. At this point we can see trends that will help business leaders implement worthwhile efforts. Best use cases vary from industry to industry, but commonalities abound. Businesses can benefit from looking beyond their own […]
How Rising Productivity Is Helping Boost Margins, Growth, And Valuations

How Rising Productivity Is Helping Boost Margins, Growth, And Valuations

Image Source: PexelsProductivity has been improving, and that’s a good thing. Not only does it mean employers are getting more output per worker, it also helps keep inflation tame. Better productivity is also good news for the stock market as it acts as a tailwind for profit margins, which is good for earnings growth and it may justify higher valuation […]
Dogecoin Crypto Price News Today – Elliottwave Technical Analysis

Dogecoin Crypto Price News Today – Elliottwave Technical Analysis

Photo by Executium on UnsplashElliott Wave Analysis TradingLounge Daily Chart,Dogecoin/ U.S. dollar(DOGEUSD)DOGEUSD Elliott Wave Technical AnalysisFunction: Follow trendMode: MotiveStructure: ImpulsePosition: Wave ((5))Direction Next higher Degrees: wave V of ImpulseWave Cancel invalid Level:Details: Wave ((5)) is equal to Wave ((1)) at 0.2182Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:It looks like Wave IV has finished correcting and the price is rising again in […]
The Fed’s Balance Sheet Reduction: Mission Accomplished?

The Fed’s Balance Sheet Reduction: Mission Accomplished?

Image Source: PexelsAt the last FOMC press conference, Fed Chair Jerome Powell noted QT, also known as balance sheet reduction, was coming to an end. Here’s where we stand.Federal Reserve Data, chart by Mish, MBS stands for Mortgage Backed SecuritiesJune 2022, the Fed began a balance sheet runoff schedule to let up to $95 billion securities […]
Key Data To Watch Before Next Fed Rate Call

Key Data To Watch Before Next Fed Rate Call

Image source: PixabayThe average US household doesn’t have enough to pay for essentials like gasoline, the food prices and that’s our biggest problem right now especially because these are sources of inflation over which the Federal Reserve has absolutely zero control.Video Length: 00:06:03More By This Author:Inflation Comes In Hotter And Stickier Than Expected Layoffs Will Explode: […]
Gold Looking To Do Larger Degree Correction

Gold Looking To Do Larger Degree Correction

Image Source: UnsplashShort Term Elliott Wave view in Gold (XAUUSD) suggests that Gold ended the cycle from 12.13.2023 low. Rally from 12.13.2023 low unfolded as an impulse. Up from there, wave ((i)) ended at  2088.48 and dips in wave ((ii)) ended at 1984.37. The metal then resumed higher in wave ((iii)) towards 2195.15 as the 1 […]