Category Archive: Cryptocurrency, No picture
MicroStrategy buys 11,000 Bitcoin for $1.1 billion, boosting holdings to 461,000 BTC
Key Takeaways MicroStrategy’s Bitcoin holdings surge to 461,000 BTC, now valued at $48 billion, following a new acquisition. The firm funded its latest Bitcoin purchase through stock sales. Share this article MicroStrategy said Tuesday it had acquired 11,000 Bitcoin worth $1.1 billion between January 13 and 20, executing the purchase at an average price of […]
EUR/CAD Gives Up Significant Intraday Gains Ahead Of Canadian Inflation Data
The EUR/CAD pair surrenders a majority of its intraday gains after failing to extend its four-day run-up above the key resistance of 1.5050 in Tuesday’s European session. However, the outlook of the asset remains firm as the Canadian economy is expected to face hefty tariff hikes from the United States (US).US President Donald Trump indicated […]
Hong Kong Index Rises For The 6th Consecutive Session
Image Source: Unsplash The US stock indices were not traded yesterday due to the Martin Luther King Jr. holiday. However, the US stock futures continued to rise on Monday. The rise followed a WSJ report that the president plans to direct federal agencies to review trade policy and assess US trade relations with China and neighboring […]
BoE Rate Cut: Rising UK Pay Growth Adds Complexity To Monetary Policy Moves
The UK’s average weekly earnings grew by 5.6% in the three months to November, according to the Office for National Statistics (ONS), marking a notable acceleration from the 5.2% recorded in October.This uptick, driven by strong private-sector performance, aligns with expectations for total pay growth while slightly exceeding projections for regular pay (excluding bonuses).Liz McKeown, […]
Daily Market Outlook – Tuesday, Jan. 21
Image Source: Unsplash Financial markets showed mixed responses on Trump’s first day in office, with traders feeling relieved by the lack of immediate broad tariffs on all trading partners yet cautious about possible future actions. Chinese stocks led the gains in Asia after Trump opted not to impose extra tariffs on the country. At the same […]
Apple Faces Sales Decline In China; Stock Downgraded Before Q1 Earnings
Image Source: Unsplash Jefferies analysts recently downgraded Apple Inc. (Nasdaq: AAPL) from Hold to Underperform, setting the stage for a potential shift in investor sentiment. The reduced price target of $200.75 suggests a 13% downside, primarily due to weaker-than-expected iPhone sales and a slower uptake of AI technologies. This decision also concerns Apple’s revenue growth guidance and EPS forecasts for […]
EUR/GBP Holds Positive Ground Near 0.8450 After Mixed UK Employment Data
Image Source: Unsplash EUR/GBP trades in positive territory near 0.8450 in Tuesday’s early European session. UK Unemployment Rate climbed to 4.4% in three months to November; Claimant Count Change came in at 0.7K in December. The dovish remarks from the ECB could weigh on the shared currency. The EUR/GBP cross extends its upside to near 0.8450 during […]
Top Picks 2025: Boeing Co.
Image Source: UnsplashOne of our highest conviction picks heading into 2025, and perhaps the most unpopular at the moment, is Boeing Co. (BA). Our thesis can be summed up in one sentence: It operates in a legal, growing, global duopoly with Airbus, with the two companies delivering more than 99% of commercial aircraft from 2000 – 2022.Our confidence […]
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Tuesday, Jan 21
Image Source: UnsplashElliott Wave Analysis TradingLounge Daily ChartBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave (5)Direction Next higher Degrees: wave ((3))Wave Cancel invalid level:Details: The bullish Wave (5) target is calculated from the Fibonacci Extension (0.618 of Wave 1-3). Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:Correction Wave ends at around 89,396. The internal structure of Wave 5 […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Tuesday, Jan 21
Image Source: UnsplashToday you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:07More By This Author:Silver Trading Strategy, XAGUSD Analysis & Forecast […]
