Short-term Analysis for Oil, Gold, and EURUSD for 11.07.2024
I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the…
FCA Revises UK Listing Rules, Investor Protections Maintained
The Financial Conduct Authority (FCA ) has published new rules today (Thursday). These rules establish a simplified listings regime with a single category and streamlined eligibility for companies seeking to…
Oil prices rise as crude, gasoline inventories ease
By Arathy Somasekhar (Reuters) -Oil prices gained on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased, signalling stronger demand. Brent futures rose…
Fed Needs Greater Confidence to Cut Rates. Forecast as of 11.07.2024
One report on US consumer prices for June may be enough for the Fed to start mulling over lowering the federal funds rate in September. Let’s discuss this topic and…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 11.07.2024
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Key takeaways BTCUSD: A descending wave…
Zelenskiy Demands NATO Support to Secure Ukraine’s Future
Ukrainian President Volodymyr Zelenskiy has urgently called for robust NATO support to secure Ukraine’s future amid the ongoing Russian invasion. Speaking at a NATO summit in Washington, Zelenskiy emphasized the…
Gold prices advance, rate cuts in focus as CPI data looms
Investing.com– Gold prices rose in Asian trade on Thursday, benefiting from weakness in the dollar and Treasury yields as speculation over U.S. interest rate cuts grew ahead of key inflation…
Asia FX rises as dollar loses ground before CPI report
Investing.com– Most Asian currencies rose on Thursday as the dollar lost ground after comments from Federal Reserve Chair Jerome Powell sparked more optimism over interest rate cuts, putting upcoming inflation…
Oil prices rise as dollar dips ahead of CPI data; US inventories shrink
Investing.com– Oil prices rose in Asian trade on Thursday, extending recent gains as weakness in the dollar ahead of key U.S. inflation data benefited price, while bets on tighter global…
Oil prices tick up as crude, gasoline inventories ease
By Arathy Somasekhar (Reuters) – Oil prices edged higher on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased, signalling stronger demand. Brent…