Investors had plenty to work with throughout the week, as financial markets reacted to geopolitical developments and priced in expectations for the highly-anticipated OPEC+ decision and the U.S. NFP report.
Shortly after the election, markets were in a great mood and it’s easy to see why. You had a Republican sweep with the promise to extend current tax cuts and maybe even deliver more. Since then, the tough math on the US deficit has eroded some of that optimism and Congress hasn’t moved particularly quick….
Nikkei 225 index rising inside minor impulse waves 3 Likely to reach resistance level 39000.00 Nikkei 225 index continues to rise inside the minor impulse waves 3, which belong to the intermediate impulse wave (3) from the start of September. The impulse wave (3) belongs to the primary upward impulse sequence 3 from the start…
EUR/USD edged lower to 1.0176 last week but recovered after breaching 1.0199 fibonacci level briefly. Initial bias stays neutral this week first and more consolidations could be seen. But outlook will remain bearish as long as 1.0439 resistance holds. On the downside, break of 1.0176 will resume the fall from 1.1213 and target 61.8% projection…
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
After years of speculation, Ripple has confirmed that it will not go public in 2025. The company behind XRP has opted for a different path. In an interview with CNBC, Ripple’s President, Monica Long, explained that an IPO is not part of the company’s plans. She noted that Ripple is financially strong, holding billions in…
Overleveraging in forex is one of the biggest reasons new traders fail. It may seem like a shortcut to quick profits, but in reality, it’s a trap that leads to margin calls, rapid drawdowns, and blown accounts. Most traders don’t even realize they are overleveraged until it’s too late. Understanding what overleveraging in forex actually…