New here? Post 10 threads to unlock access to threads, or upgrade now to access Crax all content instantly!
Join CraxPro and earn real money through our Credit Rewards System. Participate and redeem credits for Bitcoin/USDT. Start earning today! Read the detailed thread here
You are using an out of date browser. It may not display this or other websites correctly. You should upgrade or use an alternative browser.
USDCAD reversed from support zone Likely to rise to resistance level 1.4450 USDCAD currency pair recently reversed up from the support zone located between the support level 1.43000, 20-day moving average and the support trendline of the sharp daily up channel from September. This support zone...
WTI crude oil reversed from support level 72.25 Likely to rise to resistance level 74.60 WTI crude oil recently reversed up from the key support level 72.25 (former resistance from October and November, as can be seen below). The upward reversal from the support level 72.25 continues the c-wave...
USD/CHF has been in a strong uptrend since September 2024, largely mirroring the US Dollar Index (DXY). A potential double top pattern is forming around the 0.9137 resistance level. Key support levels to watch are 0.9087, 0.9040, and the psychological 0.9000 handle. A break above the 0.9137...
In this technical article we’re going to take a look at the Elliott Wave charts charts of Bitcoin BTCUSD published in members area of the website. As our members know, we generally favor the long side in BTCUSD, and it has recently offered good trading opportunities. However, BTCUSD is currently...
Short Term Elliott Wave view in Gold (XAUUSD) suggests rally from 11.14.2024 low is unfolding as a 5 waves impulse. Up from 11.14.2024 low, wave (1) ended at 2721.41 and pullback in wave (2) ended at 2583.21 as the 1 hour chart below shows. The metal has turned higher in wave (3). Up from wave...
Key Highlights USD/JPY started a consolidation phase above the 156.20 support. A short-term rising channel is forming with support at 157.10 on the 4-hour chart. GBP/USD accelerated losses below the 1.2350 support. AUD/USD and NZD/USD trade heavily in the bearish zone. USD/JPY Technical Analysis...
USDCAD reversed from support zone Likely to rise to resistance level 1.4450 USDCAD currency pair recently reversed up from the support zone located between the support level 1.43000, 20-day moving average and the support trendline of the sharp daily up channel from September. This support zone...
WTI crude oil reversed from support level 72.25 Likely to rise to resistance level 74.60 WTI crude oil recently reversed up from the key support level 72.25 (former resistance from October and November, as can be seen below). The upward reversal from the support level 72.25 continues the c-wave...
USD/CHF has been in a strong uptrend since September 2024, largely mirroring the US Dollar Index (DXY). A potential double top pattern is forming around the 0.9137 resistance level. Key support levels to watch are 0.9087, 0.9040, and the psychological 0.9000 handle. A break above the 0.9137...
In this technical article we’re going to take a look at the Elliott Wave charts charts of Bitcoin BTCUSD published in members area of the website. As our members know, we generally favor the long side in BTCUSD, and it has recently offered good trading opportunities. However, BTCUSD is currently...
Short Term Elliott Wave view in Gold (XAUUSD) suggests rally from 11.14.2024 low is unfolding as a 5 waves impulse. Up from 11.14.2024 low, wave (1) ended at 2721.41 and pullback in wave (2) ended at 2583.21 as the 1 hour chart below shows. The metal has turned higher in wave (3). Up from wave...
Key Highlights USD/JPY started a consolidation phase above the 156.20 support. A short-term rising channel is forming with support at 157.10 on the 4-hour chart. GBP/USD accelerated losses below the 1.2350 support. AUD/USD and NZD/USD trade heavily in the bearish zone. USD/JPY Technical Analysis...
There are a couple to take note of on the day, as highlighted in bold.
The first one is for EUR/USD at the 1.0300 level once again. That is likely to help keep a lid on price action until we get to the US jobs report later in the day. That especially since the dollar continues to sit in a...
On Friday, the Indian stock market opened to a decline, influenced by global market pressures stemming from tariff threats by Trump and reduced expectations for interest-rate cuts from the U.S. Federal Reserve in 2025.
The key indices reflected this downturn: the S&P BSE Sensex dropped by 288...
Japan's economy hit a stumbling block in November as the coincident indicator dropped significantly, settling at -1.5%, a stark contrast from October's positive rate of 2.8%. This decline marks a pivotal moment in understanding the current economic trajectory of the nation as it continues to...
In a surprising turn of events, Japan's Leading Index, a key indicator of the country's economic momentum, has plunged to -2.1% in November 2024. This represents a substantial drop from the 0.2% observed in October of the same year, according to the latest data release dated 10 January 2025...
In a notable shift, Japan's Leading Index—a key measure of economic strength—has fallen from its previous mark of 109.1 in October 2024 to 107.0, according to the latest figures updated on January 10, 2025. This decline in the index may indicate a cooling off in the economic momentum Japan had...
In an unexpected turn for the Netherlands, the manufacturing sector showed a noteworthy recovery in November 2024, as the latest data reveal an increase in manufacturing production, halting at a promising 1.3%. The latest figures, updated on January 10, 2025, depict a significant upturn from the...
In a remarkable economic turnaround, Finland's current account balance has reversed its negative trajectory, recording a surplus of €0.30 billion in November 2024. This marks a significant shift from the preceding month of October, where the current account logged a deficit of €0.30 billion...
Finland's industry output has shown a remarkable increase, with the latest figures revealing a jump to 3.2% in November 2024, according to data updated on 10 January 2025. This significant rise comes on the heels of a more modest growth rate of 0.6% recorded in October 2024.
This year's...
From what is seen on the daily chart, the Ethereum cryptocurrency, although it appears to be weakening, this weakening seems to be just a correction, especially if it does not breaks and close below the level of 3084.30, which is confirmed by the formation of the Descending Broadening Wedge...
On the daily chart of the Bitcoin cryptocurrency, there appears to be a deviation between the price movement of the cryptocurrency and the MACD Histogram (osMA) indicator coupled with the appearance of the Failing Wedge pattern, so in the next few days Bitcoin has the potential to continue its...
Mantle Ridge LP, along with its affiliated entities, holds a substantial $1.3 billion stake in the outstanding common shares of Air Products and Chemicals, Inc. (APD). The firm has recently announced that Glass Lewis & Co., an independent proxy advisory organization, has advised Air Products...
An investment fund managed by KKR, in collaboration with the Public Sector Pension Investment Board—one of Canada's most prominent pension investors—has announced an agreement to acquire a 19.9% stake in American Electric Power's (AEP) transmission companies located in Ohio, Indiana, and...
Southwest Airlines Co. (LUV) has announced that Executive Vice President & Chief Financial Officer, Tammy Romo, along with Chief Administration Officer, Linda Rutherford, will both retire from their roles, effective April 1, 2025.
The company has indicated that a search will commence to...
At 08:45 (GMT+2), Switzerland will publish December data on the unemployment rate, an indicator that records the percentage of unemployed people over 18 years of age in relation to the total working-age population. Only registered unemployed citizens are counted. The seasonally adjusted figure...