Today‘s detailed analysis across all asset classes incl. lengthy intraday channel summary will be reserved for paying clients – that important was what we experienced yesterday, the whys and hows. Bringing immediate and far reaching consequences – I‘ll spend most
May 1, 2024
The USD/CAD price analysis turned bullish as data from Canada and the US underscored the widening gap in policy outlooks between the Fed and the BoC. Meanwhile, investors are awaiting the FOMC policy meeting. On Tuesday, data from Canada revealed a
Another dose of nervousness has hit USD/CAD traders as the currency pair tests short-term highs and is within grasp of apex values seen in the middle of April. Yesterday’s GDP numbers from Canada came in below expectations, which essentially put
Image Source: DepositPhotosThe BTC chart is depicting consistent downswings and dips which has now dipped below $58,000 for the first time in 60 days. This has added to the slowing market demand since the recent halving. The Long-term investors’ bearish
On the surface, Ashtead Group’s (ASHTY) robust bottom line as a premier construction and industrial equipment provider in the United States and United Kingdom may be very enticing.However, the market tends to sniff out companies that may not be able to
In my prior post from early April, I mentioned that I was closely watching if the OMXIPI and OMXI15, the two main benchmarks for the Icelandic stock market, are in the process of reversing their long-term trends from down to
Gold price (XAU) trades close to a more than three-week low around $2,285 in Wednesday’s European session. The precious metal weakens as the US Dollar and bond yields strengthen amid firm speculation that the Federal Reserve (Fed) will opt for maintaining
Bitcoin Breaks SupportBitcoin prices have fallen back to their lowest level since February today, with BTC futures breaking down below the 60695 price level which has underpinned the market over recent months. Fears of a hawkish shift from the Fed
Today’s meeting of the US Federal Reserve is expected to see hawkish rhetoric on the prospect of future rate cuts, with markets now not expecting any cut until November 2024. Unsplash The US Federal Reserve will be holding a policy meeting
Coffee Elliott Wave Analysis Function – Counter-trend Mode – Corrective Structure – Possible Zigzag for B Position – Wave B of (Y) Direction – Wave B of (Y) is still in progress Details – Wave B is still in progress. It
