Crypto Market Is Still Holding Up Well Despite A New Sell-Off
Hello Crypto traders! Let’s start with a daily Crypto total market cap chart, just to see where we are after the recent sell-off. A decline is coming from a stock market slow down due to end of the month flows last week on Friday and due to US tariffds. As you can see, despite a new […]
BTC/USD Forex Signal: Bounce Following Drop To 3-Month Low
Today’s BTC/USD Signals Risk 0.50% per trade.Trades must be entered prior to 5pm Tokyo time Tuesday. Long Trade Ideas Go long after a bullish price action reversal on the H1 timeframe following the next touch of $95,362, $93,010, $91,250. Put the stop loss $100 below the local swing low. Move the stop loss to break even once the trade is $100 in […]
Daily Market Outlook – Monday, Feb. 3
Image Source: Pixabay The US Dollar is broadly bid across G10 FX following President Trump’s announcement to impose tariffs on goods from Canada, Mexico, and China. In contrast, stock markets and cryptocurrencies experienced sharp declines overnight, although most markets are stabilizing in early London trade. This development underscores the sensitivity of both domestic and international markets […]
Can Musk Be The Bond Whisperer
The media holds bond vigilantes out as do-gooders looking to force the government to be fiscally responsible. In reality, these vigilantes are traders who are short bonds, and use the fear of deficits and inflation to drive yields higher. While the term has been around for 25+ years, their recent success is unlike any past. […]
XRP Price Crashes Hard: Is There A Recovery In Sight?
XRP price started a major decline below the $3.00 zone. The price is down over 25% and there was a spike below the $2.00 support zone. XRP price started a fresh decline below the $2.80 and $2.50 levels. The price is now trading below $2.60 and the 100-hourly Simple Moving Average. There is a connecting […]
Current Report: Cogeco Communications
Photo by Galen Crout on Unsplash Cogeco Communications (CGEAF) is a telecom service provider in Canada and the US, specifically in rural and suburban geographies.It offers wireline services such as broadband internet, TV, and landline phone services. In Canada, the firm operates under its Cogeco Connexion and oxio brands, reaching roughly 2.1 million homes and businesses throughout Ontario […]
S&P 500 E-Mini Elliott Wave:Forecasting The Future Path
Hello traders ! In this technical article, we’re going to take a quick look at the Elliott Wave charts of the S&P 500 E-Mini (ES_F Futures) , published in the members area of the website.As our members know, $ES_F recently provided a solid trading setup. The main outlook remains bullish, with the market currently correcting the cycle from […]
Elliott Wave Technical Analysis: Cardano – Monday, Feb. 3
Elliott Wave Analysis TradingLoungeADA/ U.S. dollar(ADAUSD) Daily ChartADAUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Flatposition: Wave CDirection Next higher Degrees: Wave Cancel invalid level:ADA/ U.S. dollar(ADAUSD)Trading Strategy:The current structure of ADAUSD shows a correction in Corrective Wave II with a chance of falling to the important support level around 0.53 USD – 0.32 USD. Investors should follow […]
EUR/USD Slumps By Over 1% As US President Trump Reiterates Tariff Threats On Eurozone
EUR/USD nosedives over 1% to near 1.0240 at the start of the week. The major currency pair plummets as United States (US) President Donald Trump reiterates threats to impose tariffs on the European Union (EU). Over the weekend, Donald Trump slapped 25% tariffs on Canada and Mexico and 10% on China. Trump also warned that […]
USD/CAD Forecast: 2 Reasons Canadian Dollar Is Crashing
Photo by Michelle Spollen on Unsplash The USD/CAD pair has soared to its highest level in years. Donald Trump will levy a 25% tariff on Canadian goods this week. There is a risk that the Canadian economy will sink into a recession. The USD/CAD exchange rate surged to a high of 1.4792 on Monday, its highest level […]
