Author: FX
AUD/USD is trading within a range on the 4-hour chart. It looks poised to rise further and fill an open gap on the charts. AUD/USD is trading within a range encompassed by the ceiling at around 0.6540 (green line) and floor at about 0.6440 (red line). The pair is probably in a short-term sideways trend. AUD/USD 4-hour Chart AUD/USD is currently climbing within the range towards a gap that opened on Monday (red rectangle). Technical analysis theory says that “the market abhors a gap” so there is a good chance it will continue higher until it fills the gap, which…
Streamr, the decentralized real-time data network, and JDI, a manufacturing leader and venture capital in decentralized physical infrastructure networks (DePIN), are teaming up to transform home-based mining through the launch of the Terminal Multi-Miner. This new mining device combines multi-token mining capabilities with decentralized protocol participation, providing a new way for users to engage with DePIN and the decentralized economy from the comfort of their homes.Terminal Multi-Miner: a new gateway to home-based miningThe Terminal Multi-Miner from JDI supports multiple cryptocurrencies, including $DATA, $ANYONE, and other projects that are added through future updates. Its modular “mining lego” framework allows users to…
Strategy: 3/12 Tunnel The 3/12 Tunnel is a trend-following strategy. This straight forward approach utilizes 3 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be applied to timeframes lower than H1, optimal results are typically achieved within the H1, H4, and Daily timeframes. Trade Details Currently, the 3/12 Tunnel strategy has identified a trading opportunity on the EUR/CHF pair within the H4 timeframe. I’ve shared a trade setup image for…
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with XERO LIMITED – XRO. We see ASX:XRO continuing to move a little higher with an unfolding Diagonal. ASX: XRO one-day chart (semilog scale) analysis Function: Major trend (Minor degree, gray). Mode: Motive. Structure: Diagonal. Position: Wave ((y))-navy of Wave 5-grey. Details: We are inside the 5-grey wave, more specifically it is a part of the whole Diagonal labeled from 1-grey to 5-grey. So its subwaves are 3-3-3-3-3. The 5-grey wave will probably continue to move a little higher, aiming at a target around 186.93 as a double zigzag labeled…
Corpay CFO Tom Panther to step down in 2025 Source link
By Saliou Samb and Bate Felix CONAKRY (Reuters) -A controversial refereeing decision sparked violence and a crush at a soccer match in southeast Guinea, killing 56 people, according to a provisional toll, the government said on Monday, as a witness described scenes of chaos. The fatalities occurred during the final of a tournament in honour of Guinea’s military leader Mamady Doumbouya at a stadium in Nzerekore, one of the West African nation’s largest cities. Fans threw stones, triggering panic and a crush, the government statement said, promising an investigation. A witness, who had attended the match, said a disputed red…
This forex pair has been cruising lower inside a falling channel on its 4-hour time frame, and it looks like another test of support is taking place. Will it bounce or break this time? Check out these near-term inflection points I’m watching: EUR/GBP 4-hour Forex Chart by TradingView A combination of dovish ECB rhetoric and political uncertainty have been weighing on the euro in the past weeks, keeping EUR/GBP inside a descending trend channel since mid-September. On the flip side, sterling has enjoyed some support from improving inflation figures and relatively lower odds of yet another Bank of England (BOE)…
It was a rally and reverse kind of Monday for the U.S. dollar, as traders returned from their Thanksgiving holidays eager to price in NFP expectations and Fed policy biases. Commodities like gold and crude oil also enjoyed elevated volatility while bitcoin hovered just below its record highs. Here are the latest updates driving financial market price action: Headlines: Japan capital spending jumped 8.1% q/y in Q3 (6.7% forecast, 7.4% previous), suggesting resilient business confidence Australia showed mixed economic signals: Retail sales rose 0.6% m/m in October (0.4% forecast) Company operating profits fell 4.6% q/q in Q3 (0.6% expected) China…
The Nikkei 225 index opened above its 200-day MA at 38657.45 and has kept the momentum running. The price is currently iup 667 points or 1.73% at 39180.01. The index remains within the range between 37713 and 39884, but buyers are making a play technically.ALthough the Nikkei is running China’s Shanghai composite index is trading near unchanged and the China’s CSI300 is down -0.24%.Hong Kongs Hang Seng index is also lower by -0.27%, but Australia’s S&P/ASX is higher by 0.67% and on pace for a record close. Both the S&P and the Nasdaq indices closed at record levels on Monday…
The Institute for Supply Management (ISM) showed the U.S. manufacturing sector contracted for the eighth consecutive month in November, with the headline PMI rising to 48.4 from October’s 46.5, still below the 50.0 expansion threshold. The report highlighted that while manufacturing activity remained in contraction territory, the pace of decline moderated compared to October. Only three of the 14 manufacturing industries reported growth in November: Food, Beverage & Tobacco Products; Computer & Electronic Products; and Electrical Equipment, Appliances & Components. Key points from the ISM report: Manufacturing PMI registered 48.4 in November, up from 46.5 in October New Orders Index…