As of March 12, 2025, the EUR/USD exchange rate is approximately 1.0862, reflecting a 0.70% increase. INVESTING.COM Recent Developments Influencing EUR/USD: Trade Tensions and Market Reactions: President Trump's decision to double tariffs on Canadian steel and aluminum imports to 50% has heightened fears of a U.S. recession, termed 'Trumpcession.' This move has led to a sell-off in global stock markets and a depreciation of the U.S. dollar. THEGUARDIAN.COM European Economic Initiatives: Germany's plans to invest heavily in military and infrastructure, along with the European Commission's proposal to borrow €150 billion for rearmament, have bolstered the euro. These initiatives have increased investor confidence in the eurozone's economic resilience. REUTERS Technical Analysis: Moving Averages: The EUR/USD pair is trading above key moving averages, indicating bullish momentum. Technical Indicators: Indicators such as RSI, MACD, and ADX are signaling strong buy positions, suggesting continued upward momentum. INVESTING.COM Outlook: The combination of U.S. trade policy uncertainties and proactive European fiscal measures has contributed to the euro's recent strength against the dollar. Technical indicators support a bullish outlook for EUR/USD in the short term. However, investors should remain attentive to ongoing geopolitical developments and economic data releases that could influence currency movements.
NRG about to test a tight confluence of Genesis + Covid fibs. $ 93.37 - 93.45 is the zone that could be a serious hurdle to cross. Break-n-Retest could mark a bottom but unlikely on first attempt. ========================================================== .
Darling Ingredients Inc. (NYSE: DAR) Why It Could Benefit Most From the Ban/Restrictions of the use of Seed Oils in the food supply: Core Competency in Animal Fats: Darling specializes in rendering animal by-products, including beef tallow, which would see a direct surge in demand as a seed oil substitute in foods and sauces. Their existing infrastructure is already optimized for producing and distributing tallow at scale. Market Positioning: Darling is a leader in the animal fat market, with a global network of rendering facilities. A ban on seed oils would align perfectly with their strengths, as they don’t rely heavily on seed oil production compared to ADM or Bunge. Diversified Applications: Beyond food, Darling supplies tallow for biofuels and industrial uses, but they could easily pivot more capacity to food-grade tallow if demand spikes. Their recent focus on sustainability (e.g., through Diamond Green Diesel, a renewable diesel joint venture) shows adaptability to regulatory shifts. Revenue Impact: In 2023, Darling’s Feed Ingredients segment (which includes tallow) accounted for a significant portion of its $6.8 billion revenue. A seed oil ban could disproportionately boost this segment, potentially increasing margins as tallow prices rise.
Bitcoin ( BINANCE:BTCUSDT ) attacked the Resistance zone($84,130_$81,500) again as I expected yesterday . Has Bitcoin given up or is it gathering momentum to attack the resistance zone again? What do you think? Bitcoin is moving near Yearly Pivot Point and Cumulative Long Liquidation Leverage($80,537_$78,390) . From Elliott Wave theory , Bitcoin appears to be completing an Expanding Flat(ABC/5-3-5) corrective wave . According to the Price Action , Bitcoin appears to be completing the Bullish Quasimodo Pattern . Educational Note : The Bullish Quasimodo Pattern is a reversal pattern that signals a potential uptrend after a downtrend. It forms when the price creates a lower low followed by a higher high and a higher low, confirming a shift in market structure. I expect Bitcoin will NOT leave the CME Gap($86,400_$84,650) unfilled and will rise to at least $84,500 . What do you think, will Bitcoin leave this CME Gap($86,400_$84,650)? Note: If Bitcoin falls below $78,800, we should expect further declines. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button ?? & Share it with your friends; thanks, and Trade safe.
This is a good example showing how Bitcoin adheres to Elliott Wave Rules, as does everything in the Market. As stated other publications, the Elliott Wave Theory is more than just a Theory but how the market works. Bitcoin won't always buy, there will be ups and downs. Timing is key. If there is an over-investment just before the top of Wave B, ''Buy The Dip'', this would lead to unimaginable losses. This is what people call ''Stock Market Crash''. To Elliott Wave Theorists, this is a simple Wave 4.
PSX:POL dropped lower than I expected but its a better opportunity to continue to DCA, HODL for the long term, at this point we are in the lower side of the cycle. From the top it dropped ~75%. I think there will be a short term bounce as every indicator is oversold at this point. Lets see what the markets will do..
Short term correction is expected (be careful not to be trapped at inducement zone) Long at the extreme OB to target the monthly high
Two key trendlines have been broken. We have a strong support zone for a Rebuy, and given the clearance of supply zones, a retrace to the downside is expected. We are looking for buy/long positions in the green zone. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Daily live trade with XAUUSD in 15m/30m/1h 20250312
Overall, we hit an important level for a near-term bounce, likely small. May have already concluded, however, while the bottom could be in, it appears we will probably go lower to the bigger targets.