EUR/USD extends its losses for the second successive session, trading around 1.1610 during the Asian hours on Monday. The pair appreciates as the US Dollar receives support from cautious remarks given by US Federal Reserve officials, diminishing the likelihood of an interest rate cut in December.
Most traders wouldn’t touch this stock with a ten-foot … The post From Dilution Disaster to Moonshot Potential: A Hidden Aerospace Play We’re Buying appeared first on Market Traders Daily. Source link
flatexDEGIRO AG, a European online brokerage firm, has announced the appointment of Oliver Behrens as Chief Executive Officer, effective October 1, 2024. The appointment is for a period of three years. Behrens will also assume the role of CEO at flatexDEGIRO Bank AG. Behrens brings four decades of experience in the European financial sector. His…
NIKE has been trading bearish for the last three years, but we see it trading in a larger A-B-C correction, which can be finally coming to an end in 2025. We are actually tracking final stages of wave C of an ending diagonal/wedge pattern, where final subwave (5) can be in progress. Ideal support comes…
Xylem Inc. (XYL) has completed its wave (2) correction and is now poised to rally in wave (3) of (III), according to Elliott Wave analysis Xylem Inc. (NYSE: XYL) continues to respect its long-term Elliott Wave structure with impressive precision. As seen in the weekly chart, the stock recently completed a corrective wave (2) and…
Although the FOMC decision was the main event on everyone’s radars, there was no shortage of top-tier economic updates that pushed major currencies around throughout the week. Source link
GBP/CHF is knocking on a key technical resistance level after yesterday’s market moves. Will we see an upside breakout this week? Or will the bears step in to keep the pair inside a long-term range? We’re taking a closer look at the 4-hour chart for clues! GBP/CHF 4-hour Forex Chart by TradingView The British pound…