Category Archive: Cryptocurrency, No picture
Filecoin’s liquid staking team under investigation by Chinese Police — report
STFIL, a liquid staking platform for Filecoin (FIL) with just under $40 million in total value locked (TVL), has announced that its core technical team members are under investigation by local Chinese police. The platform has hired lawyers to provide legal assistance to the individuals currently in detention.In an X post released Tuesday, STFIL revealed […]
USD/JPY Pushes Up To Within Touching Distance Of 152.000, Analysts Bullish
USD/JPY is edging higher into the 101.90s on Tuesday. The latest move comes after a speech by the Governor of the Bank of Japan (BoJ) Kazuo Ueda in which he suggested that any future interest rate hikes – a key FX-market driver – would be highly dependent on incoming data. Prior to his comments, views had been […]
New Home Prices Fall, Still Unaffordable For Most American Households
In February 2024, the median new home price sold in the United States fell to $400,500. While this initial estimate will go through three sets of revisions before being finalized, it so far represents the lowest median price recorded for a new home since June 2021. The typical new home sold in the United States […]
SPX E-Mini Elliott Wave: Another Buying Setup
As our members know we have had many profitable trading setups in Indies recently. In this technical article, we are going to present another Elliott Wave trading setup we got in SPX E-Mini (ES_F) . The futures has extended pull back, giving us another buying opportunity., ES_F completed this correction precisely at the Equal Legs zone, referred […]
WMB: A Midstream Energy Play With A Solid Yield, Technical Breakout
Image Source: PexelsThings have been good. The Fed reiterated its intention to lower the Fed Funds rate three times this year at the March meeting. Meanwhile, inflation is way down and the economy is solid. Manufacturing data was much better than expected and the Fed raised its GDP forecast for 2024 from 1.4% to 2.4%.But the […]
GBPUSD At A Crossroads: Downtrend Pausing Or Reversal Brewing?
Image Source: UnsplashGBPUSD has reached a critical juncture, facing a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair.Resistance Test for GBPUSD: Falling Trend Line in Focus: GBPUSD is currently facing resistance from the falling trend line on its 4-hour chart. This trend line has been acting as a significant hurdle […]
Gold Rises, Even With Bad News
This week Peter recaps another stellar week for precious metal. He also discusses Friday’s jobs report, commodity prices, and Bitcoin.Peter starts by putting this week’s surge into context: “There’s an old Wall Street saying: ‘nobody rings a bell,’ meaning that nobody warns you when you’re at a major top or a major bottom. The problem […]
The Commodities Feed: Another Record For Gold
Image Source: UnsplashEnergy – Brent holds near $90Oil prices came under pressure yesterday with ICE Brent settling almost 0.9% lower on the day. However, the market managed to recoup some of the earlier weakness seen in the trading session and settle above US$90/bbl. While Israel pulling out some troops from Gaza may have contributed to the […]
This Fakeout Breakout Could Double Our Profits On Tuesday
Image Source: UnsplashBack to work, let’s make some money!Markets are choppy and range-bound right now…I love range-bound markets, and these (2) easy clues tell me exactly where to find the winning trades tomorrow! E-Mini S&P (ES): Emini is bullish into a range and buyers will be looking for bear traps to buy support levels below the […]
