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Archives by Year:
EUR/USD Forex Signal: Falling Wedge Points To A Rebound
Bullish View Buy the EUR/USD pair and set a take-profit at 1.0500. Add a stop-loss at 1.0225. Timeline: 1-2 days. Bearish View Set a sell-stop at 1.0375 and a take-profit at 1.0300. Add a stop-loss at 1.0500. The EUR/USD exchange rate rebounded for the second straight day as the recent surge in the US dollar […]
GBP/USD Forecast: Races Into Resistance
I am more than willing to short the GBP/USD, although I will say that I believe the British pound is second best right now if I had to rank currency, so I’m not looking for the British pound to fall apart. What I’m looking forward to is the US dollar to be stronger. Interest rates in […]
XRP Price Consolidates: Can Stability Lead To Gains?
XRP price is consolidating gains above the $2.350 support zone. The price is showing positive signs and might aim for a fresh increase above $2.4650. XRP price is struggling to gain pace for a move above the $2.50 zone. The price is now trading below $2.435 and the 100-hourly Simple Moving Average. There is a […]
NVDA Vs AAPL: Who Gets To $4 Trillion First?
Nvidia secured all the bases for future growth. But Apple’s strong branding is not to be underestimated.As of Monday, Nvidia (NASDAQ: NVDA) grew its market cap by 186% over a one year period to $3.659 trillion. At the same time, Apple (NASDAQ: AAPL) market cap rose moderately by 32% to $3.703 trillion. Although both tech […]
Analytical Overview Of The Main Currency Pairs – Tuesday, January 7
The EUR/USD currency pair Technical indicators of the currency pair: Prev. Open: 1.0303 Prev. Close: 1.0389 % chg. over the last day: +0.83 % The euro climbed above $1.04, rebounding from two-year lows, as a weaker dollar and stronger European inflation data supported the currency. Reports that President-elect Donald Trump may limit tariffs on critical imports […]
Microsoft Commits $3 Billion To Expand AI And Cloud Capabilities In India
Microsoft CEO Satya Nadella announced on Tuesday a significant investment of approximately $3 billion to expand the company’s artificial intelligence and Azure cloud-computing services in India.This move underscores India’s growing importance as a key market for US technology firms, driven by its vast population of over 1.4 billion people and increasing access to low-cost internet.Microsoft’s […]
KOSPI Composite Index Elliott Wave Technical Analysis – Tuesday, January 7
KOSPI Composite Elliott Wave Analysis Trading Lounge Day ChartKOSPI Composite Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Gray Wave 3 Position: Orange Wave 1 Direction Next Lower Degrees: Gray Wave 4 Details: Gray wave 2 appears completed; gray wave 3 of orange wave 1 is now unfolding. Wave Cancel Invalidation Level: 2,387.49The KOSPI Composite Index is currently in a bullish trend, as indicated by the […]
FX Daily: US Dollar A Little Offered Post Tariff Story
The dollar is staying a little offered despite Donald Trump rebutting a report that his tariff policies could be more selective. We’re also getting closer to some large-scale FX intervention from Japanese authorities. For today, look out for some firm US activity data and another round of sticky European inflation. The dollar could correct a little […]
Io.net founder invests $130M in AI crypto startup O.XYZ, targets decentralized AI system development
Key Takeaways Ahmad Shadid has invested $130 million in O.XYZ to develop a decentralized AI system called DeAIO. The DeAIO framework allows contributors to vote on AI decisions and receive rewards. Share this article Ahmad Shadid, founder of Io.net, has invested $130 million of his personal funds to develop a Decentralized AI Managed Organization (DeAIO) […]
SoFi Technologies Found Buyers To Extend Above $18
SoFi Technologies, Inc., (SOFI) provides various financial services in the US, Latin America & Canada. It operates through three segments; Lending, Technology Platform & Financial services. It is based in San Francisco, CA, comes under Financial Services sector & trades as “SOFI” ticker at Nasdaq.In last article, SOFI favored downside in C towards blue box area. […]
