Search Results for: Trading
S&P500 Looking Bullish Mid-Term
July 3rd, 2020
S&P500 made a five-wave rise from the 2185 level, where a higher degree wave (IV) correction found support. That said, the mentioned five-wave rally can be an indication of where the trend can be going; to the upside. If ...
Dollar in narrow range as U.S. virus cases grow
July 3rd, 2020
The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive risk. The yuan was stable in offshore trade ...
Wirecard files for insolvency after ex-CEO arrested in $2 billion scandal
June 25th, 2020
Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive. The digital payments company said in ...
USDCAD and NZDUSD Elliott wave analysis
June 24th, 2020
USDCAD started rallying from the 1.3312 low, indicating that wave C) of a higher degree is completed, and that a minimum three-wave turn is underway. We labelled a completed first leg A/1 at the 1.368 level, which can ...
BCHUSD Can See One More Leg Lower, Before A Recovery – Elliott wave
June 23rd, 2020
BITCOIN CASH is moving sideways since March-April, exactly after we noticed a five-wave rally into a wave A/1 from the lows. After every five waves, we expect to see a three-wave a-b-c pullback in wave B/2, which seems ...
European shares were moving higher on Tuesday
June 23rd, 2020
European shares were moving higher on Tuesday even as a number of states in the U.S. continued to report a rise in new virus cases and hospitalizations. Meanwhile, a closely-watched measure of economic activity pointed to a continued rebound ...
Individual and Company ordered to pay $755,000 for Binary Options fraud
June 18th, 2020
The Commodity Futures Trading Commission (CFTC) has issued an announcement to inform that the U.S. District Court for the Northern District of Alabama issued an order granting a permanent injunction against Aaron B. Butler, a former resident of Muscle Shoals, Alabama, ...
EW Analysis: COCOA May Remain Sideways
June 17th, 2020
COCOA is sideways for 10 years and seems like it will stay for a while. Today we will talk about Cocoa and its price action from Elliott Wave perspective. Well, looking at the longer-term weekly chart, we can ...
Spotware’s cTrader Mobile 3.12 Release Offers Dark Theme & Apple Sign In for IOS
June 15th, 2020
Spotware, a leading Fintech and trading solutions expert, has announced the release of its cTrader Mobile 3.12 version. The update comes equipped with the much-requested Dark Theme on IOS, which reduces strain on the eyes and adds style to ...
EURNZD and EURGBP Intra-day Updates – Elliott wave
June 11th, 2020
EURNZD is usually a perfect indicator for risk-on or risk-off sentiment. Currently it’s coming nicely higher as we expected two days back, ideally within wave »c« or »iii«, while stocks are in the sharp fall. So, if it stops ...
