Looking at this USDJPY pattern, you can immediately tell the market is in a state of “hesitation”. Neither side is clearly winning. News is still divided: the USD is being pushed up by inflation and oil prices, while the JPY is facing expectations of a firmer BOJ stance, but that hasn’t been strong enough yet….
Over the past two months, as last noted in our previous update, ās Elliott Wave pattern has continued to unfold in line with our long-term expectations, suggesting the completion of the larger fourth wave earlier this year and signaling that the fifth wave is now underway. See Figure 1 below. Figure 1. Long-term Elliott Wave…
Drivers saw some relief at the pump in recent weeks amid news of a ceasefire between the U.S. and Iran, but the decline was short-lived as renewed conflict between the two nations pushed energy prices higher again. The national average price of gasoline is now over $4 again, with current diesel prices hitting over $5…
Travelers are finally seeing relief at the pump. The national average price of gasoline dropped to $3.79 per gallon, according to AAA, compared with $4.17 a month ago. Current diesel prices are $4.77. It’s “good news for motorists,” said Patrick De Haan, head of petroleum analysis at GasBuddy, in a post on X.com. He said…
Relief at the gas pump remains uncertain amid conflicting signals on Iran, and as elevated oil prices and tightening global supply threaten to push up fuel costs. Gas prices fell last week across all 50 states, though relief could be short-lived, according to a GasBuddy forecast. Hopes for a potential U.S.-Iran agreement have dimmed after…
Relief at the gas pump remains uncertain amid conflicting signals on Iran, and as elevated oil prices and tightening global supply threaten to push up fuel costs. Gas prices were down slightly in 40 states over the past week, as optimism over a potential U.S.-Iran agreement pushed oil prices lower. However, shipping in the Strait…
ORCL just delivered a strong, news-driven move higher, bouncing from a well-established support zone. Price reacted sharply from the 140 put wall, which has now held multiple times and acts as a strong structural base. From there, momentum pushed the stock quickly higher into a key options level. That level is: š 170 ā C1…
TSTUSDT is forming a clear bullish momentum pattern, a classic bullish reversal signal that often indicates an upcoming breakout. The price has been consolidating within a narrowing range, suggesting that selling pressure is weakening while buyers are beginning to regain control. With consistent volume confirming accumulation at lower levels, the setup hints at a potential…
š Technical Analysis of KSE-100 Index (1-Day Timeframe)By The Chart Alchemist — š§ 1. Wyckoff Accumulation Phase & Market StructureThe KSE-100 Index on the daily timeframe previously developed a well-defined trading range, marked with a light brown channel. This phase aligns with a classical Wyckoff Accumulation Phase, where smart money absorption typically occurs. The subsequent…
Obviously, the edge lies in information. Whoever gets the most relevant information about the next probable move first, and combines it with good capital and risk management, wins. But lets go to the most general level. Within what typically happens in markets, where does the edge really lie. What is the constant value generator in…
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