The wave pattern on the 4-hour chart for EUR/USD has remained unchanged for several months, which is very encouraging. Even when corrective waves are forming, the structure’s integrity is maintained. This makes accurate forecasting possible. It should be noted that wave patterns do not always look exactly like textbook examples. At the moment, however, the
Month: August 2025
. The AUDUSD has broken above both the 100- and 200-bar moving averages on the 4-hour chart, after failing yesterday to sustain a move below the 100-day moving average. This shift in momentum has turned the near-term bias more constructive, with buyers taking greater control into the end of the trading day. The break through
The powerful capabilities of ChatGPT caught the whole world’s attention upon its introduction. It gained popularity for the ability to generate text, write code and answer complex questions. Have you ever wondered about the different areas where you can use these functionalities of ChatGPT? The applications of ChatGPT for contract drafting showcase how the language
Trump Media and Technology Group (DJT), the media company tied to Donald Trump, has struck a deal with Yorkville Acquisition Corp to form a new cryptocurrency treasury business. According to a Tuesday filing, the venture will focus on stockpiling Cryptocurrency.com’s native token, CRO, and will operate under the name Trump Media Group CRO Strategy. The
Blockchain technology redefined all the conventional notions about digital transformation with its power. It has not only helped in revolutionizing financial transactions but also provided a catalyst for innovation across different industries. However, many businesses struggle to take their blockchain transformation projects beyond the pilot stages. Without the assistance of a certified blockchain professional, business
On Monday, EUR/USD reversed in favor of the U.S. currency and declined sharply. However, this decline can be overlooked, just like the previous rally. The hourly chart clearly shows that the pair has moved into a new sideways channel. Up and down waves alternate with each other and are almost identical in size. Within such
Nasdaq Futures Technical Analysis for Today with tradeCompass (August 26, 2025) Current price (NQ): 23,437 (≈-0.25% vs. yesterday’s close) Recent context: All-time high on Aug 13 at 24,068.50, a 5-day pullback of -4.32% to 23,035 (near the 23k round number), a 2-day bounce to 23,650 (pivot), and now trading just beneath an important July pivot
Only the Australian dollar could be traded today using the Mean Reversion strategy, but a major reversal move never materialized. I did not trade through Momentum, as no strong movements were expected in the first half of the day. Germany’s GDP data disappointed, but the euro completely ignored it. Weak economic indicators from the eurozone’s
The price of crude oil futures are settling at $63.52 that’s up $0.81 or 1.29%. The high price for the day reached $63.67. The low price was at $62.52. Looking at the hourly chart, the low price tested the falling 100 hour moving average, and found willing buyers. That gave the buyers the go-ahead to
SoFi Technologies will soon let its members send money abroad using the Bitcoin network and a system called Universal Money Address (UMA). The move makes SoFi the first US bank to use the Bitcoin Lightning Network for international transfers. The service will begin in Mexico and expand to other countries afterward. SoFi said this gradual
China is reportedly considering a landmark policy shift that could see yuan stablecoin approval for the first time. This would mark a significant departure from the country’s cryptocurrency ban and challenge the overwhelming dominance of US dollar-backed digital currencies in global markets. According to an exclusive report by Reuters, China’s State Council is expected to
Sustainability is the most important keyword in all types of corporate actions that draws attention towards environmental, social and governance or ESG concerns. ESG represents a tangible approach to measure environmental responsibility, social responsibility and governance of an organization. However, the demand for adoption of blockchain in ESG has been growing due to the difficulties
The British pound, as has become common practice, was traded today using the Mean Reversion strategy. However, for other trading instruments, including the yen, I did not see anything of interest. As a result, I did not trade using Momentum. A sharp contraction in the eurozone trade balance led to a decline in the euro.
This article was written by Greg Michalowski at investinglive.com.
A small group of North Korean IT workers has been linked to a $680,000 crypto theft in June — and leaked screenshots reveal how they’ve been blending in with legitimate developers to infiltrate projects, according to Cointelegraph. The images, shared on X by blockchain investigator ZachXBT, came from an unnamed source who managed to access
Stock indices close at record highs US stock indices closed at record highs: the S&P 500 rose by 0.32%, the Nasdaq 100 added 0.14%, and the Dow Jones gained 1.04%. Meanwhile, US Treasury Secretary Scott Bessent called on the Federal Reserve to cut interest rates by 1.5-1.75%, sparking debate over the central bank’s independence. Experts
The digital currency realm has been evolving at a rapid pace today. Some of the top digital currencies that exist today are Tether (USDT) and USD Coin (USDC). These cryptocurrencies have widened the realm of digital finance. Gradually, individuals and institutions are accepting these digital currencies, further contributing to their popularity. The market capitalization of
The AUDUSD started the session on the back foot after the RBA rate decision, breaking below its 200-hour moving average at 0.6487. Sellers briefly took control, but momentum quickly shifted as buyers stepped in, reversing the decline and pushing the pair back to the upside. Volatility surrounding the US CPI report drove the price up