Key takeaways IRS Form 8832 is used for Entity Classification Election, allowing businesses to choose their federal tax status. For example, an LLC can switch to a different tax status, such as a C corporation Read more…
Daily Pivots: (S1) 1.2737; (P) 1.2777; (R1) 1.2810; More….. Range trading continues in GBP/USD and intraday bias stays neutral for the moment. Further rise is in favor as long as 1.2693 support holds. Above 1.2816 Read more…
Trading in the forex markets is subdued US session gets underway, with weaker-than-expected U.S. ADP private job data failing to stir significant movement in the Dollar. Despite the slowdown in job gains and pay growth, Read more…
The U.S. economy saw softening private sector job creation last month, ADP reported Wednesday, adding to evidence of a slowing labor market heading into the summer months that could boost the prospects of an autumn Read more…
US ADP private employment grew 152k in May, below expectation of 175k increase. By sector, goods-producing jobs rose 3k while services-providing jobs rose 149k. By establishment size, small companies lose -10k jobs. Medium companies added Read more…
Bullish Scenario: Buy above 1.3676 with TP1: 1.3699, TP2: 1.3720, and TP3: 1.3735, with an SL below 1.3665 or at least 1% of account capital. Apply trailing stop. Bearish Scenario: Sell below 1.3665 with TP1: Read more…
After starting the week with sharp swings, the Australian dollar is showing little movement on Wednesday. AUD/USD is trading at 0.6644 in the European session, down 0.06% on the day. Australian GDP posts 0.1% growth Read more…
Hello traders. Welcome to a new commodity blog post. In this one, we will look at the Copper Elliott wave analysis from our team of analysts. We will especially look at an Elliottwave path discussed Read more…
Market picture Crypto market capitalisation rose by 2.9% in 24 hours to $2.63 trillion. Among the top coins, BNB is up an impressive 11%, and Solana is up 5%. Altcoins have steadily been gaining strength Read more…