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The big-box retailer has already tested drone deliveries in Arkansas and expanded them in the Dallas-Forth Worth area.
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From bromance to bitter feud — a timeline of Trump and Musk’s relationshipThe bromance is over. Here’s a rundown of how Trump and Musk got here.
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ECB’s Stournaras: ECB has achieved a soft landing
- ECB has achieved a soft landing.
- The best thing for the ECB is to wait and see.
- The rate cutting is nearly done.
- Given uncertainty, you can never say it is done.
- ECB may cut if the economy weakens and inflation falls.
- There are downside risks to growth.
- The ECB is quite confident on forecasts.
The victory laps at the ECB continue…
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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Long-awaited Trump-Xi call isn’t enough to resolve looming critical mineral shortage this summerA high-stakes U.S.-China call has yet to resolve a metals shortage that businesses say could halt production of cars and other industrial parts this summer.
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GBP/JPY Daily Outlook
Daily Pivots: (S1) 193.57; (P) 194.54; (R1) 195.80; More… Intraday bias in GBP/JPY remains neutral as range trading continues. Further rise is in favor as long as 191.86 support holds. Firm break of 196.38 will resume whole rally from 184.35. However, firm break of 191.86 will indicate near term reversal and turn bias back to […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
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EUR/JPY Daily Outlook
Daily Pivots: (S1) 163.25; (P) 163.96; (R1) 165.04; More… Intraday bias in EUR/JPY is back on the upside with break of 164.24. Firm break of 165.19 will resume whole rally from 154.77 and target 166.67 resistance next. For now further rise is expected as long as 162.87 support holds, in case of retreat. In the […]
The post EUR/JPY Daily Outlook appeared first on Action Forex.
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ETH Price Prediction: Buy The Dip in ETH (Ethereum), See Video
Ethereum buyTheDip Alert: Entry Levels and Bullish Targets
Ethereum traders and investors were presented with an excellent buy-the-dip opportunity approximately seven to eight hours ago, as highlighted in our exclusive alert to the Investing Live Crypto Telegram group. This alert identified a prime entry range for Ethereum (ETH) between $2,436 and $2,440.
Previous Successful Call to Buy ETH Before It Popped 50%
This call follows our previous timely call for your consideration on May 7, raising the idea to enter at around $1,840, which subsequently generated a remarkable 50% gain. Ethereum’s price surged significantly from the bull flag breakout, demonstrating the effectiveness of well-timed market entries and advanced technical analysis.
Current Ethereium Technical Analysis and Bullish Outlook
Ethereum is currently situated within a clearly defined ascending channel, known as a spin-off channel. The next significant bullish confirmation traders should look for is a breakout above this channel, with an immediate target set at approximately $3,370.
Long-term bullish targets exceed Ethereum’s all-time high for futures prices of $4,093, with a highly optimistic scenario projecting beyond $4,872, marking over 100% potential gain from the recent entry level around $2,436.
Risk Management for Crypto Buyer of the Dip: Initial Stop-Loss Placement
To mitigate risk effectively, the trade setup initially includes a stop-loss approximately 6% below the entry level, rather than directly under recent lows or the channel boundary. This strategic decision accounts for liquidity pools, volume profiles, and the likelihood of fake-outs, as market makers frequently target overly tight stops placed by traders.
ETH Trade Plan Partial Profit-Taking and Stop Adjustments
Following the robust principles of the Trade Compass methodology, traders may consider partial profit-taking to lock in gains and reduce risk exposure. Suitable areas for profit-taking include:
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Initial partial profit: Around $2,492 (approximately 2.3% gain), just below the psychologically significant $2,500 round-number level.
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Second partial profit: Around $2,611 (approximately 7% gain), strategically positioned above key candle highs where many short positions may have stops.
Adjusting the stop-loss upwards after taking partial profits further solidifies the trade’s risk management strategy.
Defensive Strategy and Additional Buys, in Case ETH Does Another ‘Fakie’
If Ethereum’s price experiences fake-outs or tests additional lower key levels, the strategy allows for averaging into another position at a lower entry to improve the overall cost basis. The original stop-loss placement remains firm, ensuring clear maximum risk control.
Join Crypto Calls When The Happen, Buy at Better Prices
To receive timely updates and exclusive alerts, join our free Telegram channel:
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Crypto alerts: Investing Live Crypto
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Stock alerts: Investing Live Stocks
Stay tuned for more insights, risk management updates, and strategic entry opportunities, ensuring you capitalize on optimal buy-the-dip scenarios.
ForexLive.com is evolving to become investingLive.com later this summer. Stgay tuned.
(Disclaimer: Trading cryptocurrencies carries inherent risks. This article does not constitute financial advice. Always conduct your own research and consider your risk tolerance before making any investments.)
This article was written by Itai Levitan at www.forexlive.com.
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ECB’s Muller: Agree with Lagarde that cycle almost finished
- Agree with Lagarde that cycle almost finished.
- We can be happy with inflation where it is.
- Hard to say what’s coming next on rates.
- We are facing more than average uncertainty.
As a reminder, the ECB cut rates by 25 bps yesterday as expected revising growth and inflation lower. The market overreacted a bit when Lagarde mentioned that the central bank was getting near the end of the easing cycle.
That was already priced in as the market did expect just one more cut this year with the terminal rate at 1.75%. What’s changed is that the expectations shifted from a rate cut in September to December.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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Elon Musk says SpaceX will decommission Dragon spacecraft after Trump threat — or not
SpaceX’s Dragon is the only U.S. option for delivering crew to and from the International Space Station. -
Sweden is feeling the heat from Trump tariffs — and there’s more to comeSweden’s economy and households are already feeling the heat from U.S. President Donald Trump’s trade tariffs, the country’s finance minister said.
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