Weekly Waves Analysis: GBP/USD, US30, and Bitcoin GBP/USD Bullish Price Swing in Wave 4? Our weekly Elliott Wave analysis reviews the GBP/USD 4-hour chart, the Bitcoin cryptocurrency 4-hour chart, and the US30 daily chart. The GBP/USD has made a 500 pip bullish price swing. Despite the large move up, price action is technically still in…
The last trading week of the month Time to step up our game! Let’s make those last-minute profits! Hey traders! It’s that time again – the last trading week of the month. Time to roll up our sleeves and get ready to make some moves to secure those profits. I don’t know about you, but…
UK Economy at Risk of “Mild Recession”: A Closer Look at the KPMG Report UK Times citing KPMG’s UK Economic Outlook report: The UK economy is at significant risk of entering a “mild recession” next year. The report cites soaring inflation rates, stagnant wage growth, and ongoing uncertainty surrounding Brexit as key factors contributing to…
Bridgewater’s Short Bets: A Closer Look Exploring Bridgewater’s Recent Disclosures This via Dow Jones / Market Watch on filings: Bridgewater earlier this month disclosed a range of short bets in excess of €1.5bn … it now holds clo… When it comes to investments, one of the most well-known names in the game is Bridgewater Associates….
Unlocking the Secrets of Forex: A Guide to Mastering the Market The forex market is one of the biggest markets having trillions of transactions happening every single day Do you know how to learn forex? Traders have increased since COVID started. When the lockdown was introduced, most people were working from home. Some people were…
Welcome to the Robotrader Blog! EURUSD Analysis: What’s Next for the Euro vs US Dollar? After completing the correction at 1.0577, EURUSD is forming a new descending structure to break. The Euro vs US Dollar pair has been highly volatile in recent weeks, with traders closely watching key levels for potential breakouts. What Does This…
Daily Pivots: (S1) 0.8565; (P) 0.8588; (R1) 0.8607; More… Range Trading in EUR/GBP Continues Clever, personable, and wonderfully unconventional, yet reader-friendly, the daily pivots in the EUR/GBP pair indicate a neutral intraday bias as range trading continues. With support at 0.8565 and resistance at 0.8607, the pivot point is calculated at 0.8588. Traders are closely…
RBA Governor Philip Lowe’s Decision Sparks Economic Debate Understanding the Recent 50bps Interest Rate Hike Recently, RBA Governor Philip Lowe shocked the financial world with a larger than expected 50 basis points interest rate hike at the last meeting. This decision was driven by “additional information suggesting a further upward revision to inflation projections,” which…
