Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 01.07.2024
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: Elliott Wave analysis for Bitcoin The…
Oil prices climb on summer demand optimism
By Florence Tan SINGAPORE (Reuters) -Oil prices climbed on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter,…
Euro Takes Breather. Forecast as of 01.07.2024
French politics is no longer putting as much pressure on the euro as it used to, and new signs of a slowdown in the US economy have allowed the EURUSD…
Euro rises after France’s first-round vote; yen fragile
By Rae Wee SINGAPORE (Reuters) -The euro rose on Monday after the first round of France’s snap election put the far-right in pole position, though by a smaller margin than…
Euro rises to two-week high after France’s far-right wins first-round vote
By Yoruk Bahceli and Amanda Cooper LONDON (Reuters) -The euro touched a two-week high during Asian hours on Monday, after the first round of France’s shock snap election put the…
Oil prices climb on summer demand outlook
By Florence Tan SINGAPORE (Reuters) – Oil prices climbed on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third…
Gold prices soften, see little relief from increased rate cut bets
Investing.com– Gold prices weakened in Asian trade on Monday, taking limited support from increased expectations of U.S. interest rate cuts as traders awaited more cues from the Federal Reserve and…
Asia FX muted after mixed China PMIs, dollar dips as rate cut bets grow
Investing.com– Most Asian currencies kept to a tight range on Monday as sentiment towards the region was dented by weak Chinese business activity data, while the dollar retreated amid some…
Oil prices edge higher as dollar weakens; China woes weigh
Investing.com– Oil prices rose in Asian trade on Monday, benefiting from a softer dollar as recent inflation data saw traders increase bets that the Federal Reserve will cut interest rates…
Oil inches higher on summer demand outlook
By Florence Tan SINGAPORE (Reuters) – Oil prices edged up in early trade on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+…
