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 […]
FX Daily: Tariffs – Ready, Fire, Aim
Image Source: Pexels The Trump administration has surprised FX markets by imposing large tariffs earlier than expected. The dollar has strengthened sharply on the back of lower global growth expectations and potentially less room for the Fed to cut rates. Expect heightened volatility and more headline-driven moves as investors await the next update from Washington. USD: Trump […]
Unlocking ASX Trading Success: ASX:URW
Today’s Elliott Wave analysis presents an updated outlook on the Australian Stock Exchange (ASX) for Unibail-Rodamco-Westfield (URW).We anticipate upside potential for ASX: URW in the near term. The short-term outlook focuses on awaiting a pullback with the second wave, which will provide an opportunity to identify high-quality long trade setups. This analysis outlines when to stay on the sidelines and when to […]
Market Briefing For Monday, Feb. 3, 2025
An ‘absence of bids’ followed The White House affirmation tariffs planned still, to be implemented; and now they say on Saturday, or Tuesday. Traders scampered to the sidelines; unwilling to support prices, irrespective of being month-end. It’s simple to say: Friday went up; wanted to go up; paused; tried for an afternoon resumption higher; then POTUS became a spoiler. […]
Mapped: The Top Import Partner Of Every U.S. State
The Trump administration is imposing a 25% tariff on imports from Mexico and Canada, along with a 10% tariff on imports from China.The U.S. President says he wants strong action to halt the flow of the opioid fentanyl and its precursor chemicals into the U.S. from China via Mexico and Canada, as well as to […]
