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Month: July 2024

Cryptocurrencies

AUD/CAD struggles as impact of interest rate policies sidestepped

Australian Dollar continues to face significant headwinds, largely due to ongoing worries about the Chinese economy—the most significant trading partner. Despite the possibility of RBA raising interest rates while other global central banks are adopting Read more…

By , 2 years ago July 23, 2024
Cryptocurrencies

Copper (HG) Double Three Elliott Wave Correction in Progress

Short Term Elliott Wave View in Copper (HG) suggests that correction from 5.20.2024 high remains in progress. The internal subdivision of the correction is unfolding as a double three Elliott Wave structure. Down from 5.20.2024 Read more…

By , 2 years ago July 23, 2024
Cryptocurrencies

GBP/USD Sees Pullback But Key Support Intact

Key Highlights GBP/USD started a downside correction from the 1.3050 zone. It traded below a connecting bullish trend line with support at 1.2970 on the 4-hour chart. Gold prices corrected gains and traded below $2,425. Read more…

By , 2 years ago July 23, 2024
Cryptocurrencies

US GDP and PCE Inflation Up Next Before July FOMC

Fed to get final clues on growth and inflation before July meeting But with traders more preoccupied with politics, will the data move the dollar? Preliminary GDP is due Thursday and PCE inflation on Friday, Read more…

By , 2 years ago July 23, 2024
Cryptocurrencies

Analyst kicks off coverage of Uber amid autonomous vehicle risk

Need a ride to the airport? Maybe Waymo can help you out.  Alphabet’s  (GOOGL)  autonomous vehicle company reportedly wants permits to allow its robotaxis to take passengers to and from San Francisco International Airport, according to Read more…

By , 2 years ago July 23, 2024
Cryptocurrencies

S&P 500 Wave Analysis

S&P 500 continues daily uptrend Likely to rise to resistance level 5675.00 S&P 500 Index recently reversed from the support area between the key support level 5500.00 (former resistance from June) and the 38.2% Fibonacci Read more…

By , 2 years ago July 23, 2024
Cryptocurrencies

Cathie Wood snags $12 million of battered CrowdStrike shares

Cathie Wood, head of Ark Investment Management, often seizes opportunities to buy her favorite stocks when they drop. And that’s what she did last Friday. The investment community has conflicting views toward Wood, who may Read more…

By , 2 years ago July 23, 2024
Cryptocurrencies

Eco Data 7/23/24

The post Eco Data 7/23/24 appeared first on Action Forex.

By , 2 years ago July 23, 2024
Cryptocurrencies

Car repos spike as desperate Americans struggle to make payments

For most Americans, reliable transportation is essential to getting to and from their place of employment, school, or other daily duties. However, in places where public transportation options like buses or commuter rail lines are Read more…

By , 2 years ago July 22, 2024
Cryptocurrencies

In-N-Out owner shuts down viral ‘secret menu item’

For years, In-N-Out has gone viral on social media for a number of unofficial “secret menu hacks” such as its “Flying Dutchman burger,” which is essentially two cheese burgers sandwiched in between two grilled onions, Read more…

By , 2 years ago July 22, 2024

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