Stock Analysis: Bitcoin Well Inc.
Image Source: Pixabay Bitcoin Well Inc. (BCNWF) reported a solid Q3:24 led by strong growth at its Online Portal segment.As the adoption of cryptocurrency increases and more people want to participate in this asset class, we see a significant increase in the demand for Bitcoin Well’s (BTCW) products and services.(Read the PDF report in a full […]
Gold Trading Strategy Today – Tuesday, Dec. 17
Image Source: Pixabay Today 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: 00:01:48More By This Author:Silver Trading Strategy, XAGUSD Analysis & […]
Elliott Wave Technical Analysis – NIKKEI 225 (N225) Index
NIKKEI 225 (N225) Elliott Wave Analysis – Day ChartNIKKEI 225 (N225) Elliott Wave Technical AnalysisTechnical Details Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 1 Position: Navy Blue Wave 3 Direction Next Lower Degrees: Orange Wave 2 Details: Navy blue wave 2 appears complete; orange wave 1 within navy blue wave 3 is now in play. Wave Cancel […]
European Indices Under Pressure
Image Source: Pexels At the end of Monday, the Dow Jones Index (US30) declined by 0.25%. The S&P 500 Index (US500) added 0.38%. The Nasdaq Technology Index (US100) was up 1.45%. Top gainers included Alphabet (+4.4%), Tesla (+5.1%), and Broadcom, which soared after its market value surpassed $1 trillion last week. Apple and Alphabet hit new […]
AUD/USD Forex Signal: Falling Wedge Pattern Forms
Bullish View Buy the AUD/USD pair and set a take-profit at 0.6450. Add a stop-loss at 0.6300. Timeline: 1-2 days. Bearish View Sell the AUD/USD pair and set a take-profit at 0.6300. Add a stop-loss at 0.6450. The AUD/USD exchange rate remained on edge at a crucial support level after the relatively weak Chinese economic […]
Uranium Miners ETF Correction Should Find Support
The Global X Uranium ETF (URA) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Uranium & Nuclear Components Total Return Index. In this article, we will look at the long term technical outlook using Elliott Wave method. $URA Elliott Wave […]
Don’t Trust Antitrust
The Federal Trade Commission (FTC) recently blocked the merger of Albertson’s and Kroger, which are the two largest stand-alone grocery chains. Their theory is that the merger would be anti-competitive and cause higher grocery prices. We find this to be another epic failure on their part to understand the purpose of the Sherman Antitrust Act […]
German Ifo Index Signals Rough Times Ahead
Image source: Pixabay A weak Ifo index shows that German businesses have become more worried about the country’s growth outlook.The only good thing about Germany’s just-released Ifo index is that it is the final major macro indicator released this year. Time to take a breather and to end a year that will go down as the second […]
Permabull? Hardly
I never thought someone would label me a “Permabull.” This is particularly true of the numerous articles I wrote over the years about the risks of excess valuations, monetary interventions, and artificially suppressed interest rates. However, here we are. “Lance, you are just another permabull talking your book. When this market crashes you will still be telling […]
GBP/USD Forex Signal: Bearish Flag Chart Pattern Forms
Bearish View Sell the GBP/USD pair and set a take-profit at 1.2490. Add a stop-loss at 1.2725. Timeline: 1-2 days. Bullish View Set a buy-stop at 1.2685 and a take-profit at 1.2725. Add a stop-loss at 1.2500. The GBP/USD pair rose slightly as traders prepared for the last busy week for the UK and the […]
