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US Dollar Flat Ahead Of December Producer Price Index Release

US Dollar Flat Ahead Of December Producer Price Index Release

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, is trading flat and resides just below 110.00 on Tuesday, extending the previous day’s retracement from an over-two-year high of 110.18. The main driver comes after sources in the upcoming President-elect Donald Trump administration disclosed that they are considering a very slow […]
Fortinet Inc. Stocks Elliott Wave Technical Analysis – Tuesday, January 14

Fortinet Inc. Stocks Elliott Wave Technical Analysis – Tuesday, January 14

FTNT Elliott Wave Analysis Trading LoungeFortinet Inc., (FTNT) Daily ChartFTNT Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave of (3).DIRECTION: Upside in wave 5.DETAILS: WE are looking for a bottom in what appears to be a sideways wave 4 to then complete Intermediate wave (3) at above 100$. Fortinet Inc., (FTNT) 1H ChartFTNT Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: […]
GBP/USD Forex Signal: Bullish Pin Bar Rejects 14-Month Low

GBP/USD Forex Signal: Bullish Pin Bar Rejects 14-Month Low

My previous GBP/USD signal on 6th January was not triggered as there was no bearish price action when the two nearest resistance levels were first reached that day. Today’s GBP/USD SignalsRisk 0.75%.Trades must be entered prior to 5pm London time today.  Long Trade Ideas Go long following a bullish price action reversal on the H1 timeframe immediately upon […]
Global Lithium Surplus Weighs On Prices, But Analysts Eye 2025 Policy Boost For Market Recovery

Global Lithium Surplus Weighs On Prices, But Analysts Eye 2025 Policy Boost For Market Recovery

The latest developments in the global lithium market underscore how cyclical and policy-driven the metal’s fortunes can be. After sharply declining by more than 20% in 2024, lithium carbonate prices have slipped below CNY 75,000 per tonne in January—reflecting persistent oversupply and muted buying.The market surplus remains substantial, as producers are cautious about shutting down […]
Canada Says It Will Match US Tariffs If Trump Launches Trade War

Canada Says It Will Match US Tariffs If Trump Launches Trade War

Canadian prime minister Justin Trudeau says Canada will respond in kind to Trump’s tariffs.  Canada Has Counter-Tariffs ReadyBloomberg reports Canada Has Counter-Tariffs Ready If Trump Launches Trade War, Trudeau Says Speaking on MSNBC’s Inside With Jen Psaki, the outgoing Canadian prime minister said his government isn’t looking for a trade fight with the new administration but will […]
Analytical Overview Of The Main Currency Pairs – Tuesday, January 14

Analytical Overview Of The Main Currency Pairs – Tuesday, January 14

The EUR/USD currency pair Technical indicators of the currency pair: Prev. Open: 1.0236 Prev. Close: 1.0240 % chg. over the last day: +0.04 % The euro fell to USD 1.020, the lowest level since October 2022, as investors lowered expectations of a rate cut by the European Central Bank (ECB). The shift reflects growing concerns about […]
BTC/USD Forex Signal: Hammer Candle Points To A Bitcoin Rebound

BTC/USD Forex Signal: Hammer Candle Points To A Bitcoin Rebound

Bullish view Buy the BTC/USD pair and set a take-profit at 96,000. Add a stop-loss at 86,000. Timeline: 1-2 days.  Bearish view Sell the BTC/USD pair and set a take-profit at 85,000. Add a stop-loss at 96,000. The BTC/USD pair dived and reached a low of 88,913 on Monday as most risky assets crashed amid the rising […]
Bull Of The Day: Fox Corporation

Bull Of The Day: Fox Corporation

Investors looking for a viable option in the portfolio in regards to growth and value may want to consider Fox Corporation’s (FOXA) stock which lands a Zacks Rank #1 (Strong Buy) and the Bull of the Day.As one of the premier media companies, now appears to be an ideal time to invest in Fox’s presence as […]
Nikkei 225 Index Elliott Wave Technical Analysis – Tuesday, January 14

Nikkei 225 Index Elliott Wave Technical Analysis – Tuesday, January 14

NIKKEI 225 (N225) Elliott Wave Technical Analysis Daily ChartNIKKEI 225 Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Direction Next Lower Degrees: Orange Wave 4 Details: Orange wave 2 appears complete, with orange wave 3 of navy blue wave 3 now unfolding. Wave Cancel Invalidation Level: 38,270 The NIKKEI 225 index is displaying a […]
USD/CHF Price Forecast: Needs To Break Above 0.9250 For Fresh Upside

USD/CHF Price Forecast: Needs To Break Above 0.9250 For Fresh Upside

The USD/CHF pair recovers its intraday losses and flattens to near 0.9160 in Tuesday’s European session. The Swiss Franc pair bounces back as investors turn cautious ahead of the United States (US) Consumer Price Index (CPI) data for December, which will be released on December.Investors will pay close attention to US inflation data, which will influence market speculation […]