The Hitchhiker’s Guide to the meaning of a Republican Senate – and What’s Ahead for the House
With the Senate flipping to the GOP column, it’s unclear how many Republicans they’ll have. But they could have well over 50 votes. But they won’t have 60 yeas to crack a filibuster. That could mean a pressure campaign to eliminate
Nintendo Stock Outlook: Profit Forecast And Switch Sales
Nintendo’s stock has risen due to a new operating profit forecast for the year ending March 2025, which shows a 10% decrease. The company expects its 2025 operating profit to reach 360 billion yen or $2.36 billion. The Kyoto-based gaming giant
Bitcoin and Ethereum Trends: Channel Analysis & Entry Points
Overall Analysis Bitcoin started moving in a channel structure, with a price moving downwards. Still, November 4 turned out to be in the seller’s favour. Ethereum tried holding the price higher but failed in the second half. Price is moving in the
Speaker Mike Johnson wins re-election to House in Louisiana’s 4th Congressional District
House Speaker Mike Johnson was declared the winner Tuesday night in his effort to keep Louisiana’s 4th Congressional District solidly red, according to The Associated Press. The four-term congressman was first elected in 2016 but gained prominence as a leader in
Gold and Silver Analysis: Crucial Levels and Rally Insights
Overall Analysis Gold breaks its sideways momentum and feels straight to support the trendline. More selling if it breaks the 2701 level. Silver went up, breaking the resistance zone, failed to hold upside rally falls sharply. Gold Chart Analysis Gold/USD 15-Minute Chart (Source:
EUR/USD & EUR/GBP Analysis: Sharp Decline as Key Levels Fail
Overall Analysis After breaking its upside channel pattern, the EUR/USD pair fell sharply without any halt. EUR/GBP failed to sustain at higher levels. Price fell sharply and is currently near day resistance. EUR/USD Chart Analysis EUR/USD 15-Minute Chart (Source: TradingView) On the 5th Nov
Oil Breaks Support at 70.28; Gas in Sideways Trading Zone
Overall Analysis Oil breaks its channel downwards, and 70.28 acts as a final support. A breakdown of natural Gas in a sideways zone can lead to selling till support. Fewer moments are expected in the instrument. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On
AUD/USD Tests Key Support; AUD/NZD Trading in Sideways Rally
Overall Analysis AUD/USD started the day with massive selling as prices fell sharply since opening. Pairs are currently near a strong support zone. AUD/NZD is moving in a zone; safe trading opportunities are on the way. AUD/USD Chart Analysis AUD/USD 15-Minute Chart (Source:
Elections in USA: Trump Leads as Markets Surge
The 2024 Elections in the USA show that Trump leads in Michigan, Wisconsin, and Pennsylvania and has already been awarded 266 out of 270 votes necessary for the White House. Although the last votes were just counted, it looks like
Bitcoin & Ethereum Rally: Will Gains Hold Amid US Election?
Overall Analysis Bitcoin made a new all-time high, going above the $75,000 mark. Rally seems to be strong ahead of the election results. Ethereum finally broke its descending channel and shot up by nearly +7.5%. The price on a daily timeframe is