STOCK (FUTURE / CASH / OPTION ) NIFTY (FUTURE / OPTION) BANK NIFTY (FUTURE / OPTION) FUTURE STOCK TIPS: GAIL (AUG. FUT.) BUY ABOVE 225 TGT 227/229/232 S/L 224.50 AND SELL BELOW 224 TGT 223/222/220 S/L 224.50 ONGC (AUG. FUT.) BUY ABOVE…
By Elliott Wave International Nearly everyone who buys groceries, fills their car tank with gas, pays rent, buys car insurance and so on is talking about the high cost of living. And it’s true that consumer price inflation is higher today than before the pandemic – although, it’s nowhere near as high as it was…
The stock market has been on a wild ride lately, with dramatic swings becoming the new normal. For traders, this volatility presents both challenges and opportunities. In our latest video, “Market Volatility and Earnings Plays: Navigating the Current Trading Landscape,” we dive deep into the current market conditions and offer valuable insights for traders…
The New Zealand labour market is softening, but wage growth remains on the high side, partly supported by government pay agreements. Unemployment rate: 4.6% (prev: 4.4%, Westpac f/c: 4.7%, RBNZ f/c 4.6%) Employment change (quarterly): +0.4% (prev: -0.3%, Westpac f/c: -0.4%, RBNZ f/c +0.1%) Labour costs (private sector, quarterly): +0.9% (prev: +0.8%, Westpac f/c: +0.7%,…
The foreign exchange market, or forex for short, is a dynamic beast, constantly churning with the hopes, fears, and expectations of millions of participants. For traders navigating this ever-shifting landscape, understanding market sentiment – the prevailing mood of the crowd – can be a powerful tool. While technical indicators offer valuable insights into price action,…
The EMA Crossover Signal and Smoothed RSI Forex Trading Strategy combines two powerful technical indicators to refine trading decisions in the dynamic Forex market. This strategy hinges on the Exponential Moving Average (EMA) crossover, a pivotal tool that highlights shifts in trend momentum. When a shorter-term EMA crosses above or below a longer-term EMA, it…
The GBP/USD pair has extended its downward move from 1.3044 to a recent low of 1.2672. Let’s break down the key levels and potential scenarios for traders to watch in the coming days. Current Trend The pair remains in a downtrend as long as the price stays below the falling trend line on the 4-hour…
Do you want to earn tax-free savings account (TFSA) income that the Canada Revenue Agency can’t tax? It’s not the hardest thing in the world to do, but there are some mistakes that can lead to you forfeiting your account’s tax-free status. Over-contributing, holding private business shares in a TFSA, and day trading are all…
Semler Scientific acquires a further 101 Bitcoins, following the MicroStrategy strategy. Semler Scientific, Inc. (Nasdaq: SMLR), a leading medical technology company, announced it has escalated its Bitcoin acquisition strategy, with a recent purchase of $6 million in Bitcoin, bringing its total holdings to 929 BTC, valued at approximately $63 million. This move comes as part…
In a bearish development for Bitcoin and the cryptocurrency market, the recent price decline of BTC has triggered a massive long-position liquidation. This negative incident which has caused a broader pessimism in the entire market emphasizes the dangers of leveraged trading and the intrinsic volatility of the cryptocurrency market. Bitcoin’s Largest Long Position Liquidation In…