Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of META stock published in members area of the website. As our members know, META is showing incomplete bullish impulsive sequences in the cycle from the 279.39 low. Our team recommended members to avoid selling , […]
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4 Reasons to Consider Bitcoin Investments
Its largest cryptocurrency, and it continues to rise in popularity from finance enthusiasts. There are a whole host of reasons why investors will benefit greatly from investing in Bitcoin, from its consistency to its simplified trading process. Being adventurous and looking into opportunities for the New Year is what 2024 is all about, so why [&hel
Live: Focusing on the big areas again
Live: Focusing on the big areas again. In this weeks live webinar we focused on the big areas again and also spotted a H&S pattern on GBPUSD.
GBPJPY Breaking Out
Yen Weakening on WednesdayGBPJPY is on the move today with the pair breaking out above the 184.40 level. JPY has weakened materially in recent days alongside an improvement in global risk appetite. Thew move higher across risk markets has seen weakened safe-haven support for the Yen which has come under pressure across the board into […]
Today's The Day for Bitcoin
SEC Decision DueTraders are bracing for plenty of volatility across crypto markets today with the SEC due to decide on the current batch of spot-Bitcoin ETF applications. Yesterday, the market was seen spiking to fresh highs for the year in response to a fake tweet put out claiming the SEC had approved spot-Bitcoin ETFS. However, […]
AUDUSD: Potential U-Turn at the Start of the New Year Fueled by Continued CPI Slowdown
The EURUSD's mid-term uptrend has hit the pause button, chilling in a tight range of 1.09-1.10 for the sixth day straight, hugging the lower edge of the trend channel:Last Friday's dollar-buying signal, triggered by a robust NFP report that outperformed expectations in job growth, unemployment, and wage increase, got dampened by a pretty
AUDUSD Testing Support Following Aussie CPI
Aussie CPI Falls AgainAUDUSD is testing key support today on the back of a weaker-than-forecast set of Aussie CPI figures overnight. Domestic CPI was seen printing 4.3%, year-over-year, last month, down from 4.9% prior and below the 4.4% the market was looking for. RBA tightening expectations have weakened materially in recent months alongside the
US Dollar stuck in a rut while traders prepare for US CPI on Thursday
The US Dollar (USD) trades in a tight range with markets fretting over the upcoming US inflation numbers. Traders will want to stay out of the market ahead of the main event on Thursday when the US inflation will be printed in the form of the