Citi projects that gold physical investment demand will further increase
Gold physical investment demand could further increase in 2024 and next year, Citi strategists said in a Thursday note. In their report, strategists maintained their 0-3 month and 12-month gold…
USDCHF: Elliott wave analysis and forecast for 02.08.24 – 09.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 0.8875 with a bearish target of 0.8546 – 0.8325.…
Morning bid: Rethinking recession risks and AI, markets take fright
A look at the day ahead in U.S. and global markets from Mike Dolan August looks anxious already – as stock markets take fright at Big Tech earnings and start…
USDСAD: Elliott wave analysis and forecast for 02.08.24 – 09.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.3592 with a growth target of 1.4000 – 1.4200.…
Dollar falls as data points to economic slowdown; sterling weak
Investing.com – The U.S. dollar fell in early European trade Friday after weak data fuelled fears of a sharp slowdown in the world’s largest economy, potentially prompting the Federal Reserve…
Oil prices up but on course for fourth weekly fall amid demand concerns
By Noah Browning LONDON (Reuters) -Oil prices rose on Friday but were on course for a fourth successive weekly decline as signs of disappointing global fuel demand growth outweigh fears…
Short-term Analysis for Oil, Gold, and EURUSD for 02.08.2024
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…
Dollar Risks Being Late. Forecast as of 02.08.2024
Markets may be deluded about the speed of the Fed’s monetary expansion. But what if the US economy starts to cool sharply? Will the Fed have to act aggressively, and…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 02.08.2024
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: Highlights and key points BTCUSD: the…
Gold prices in sight of record high amid growth fears, rate cut bets
Investing.com– Gold prices rose in Asian trade on Friday and were in sight of a record high as a rout in global markets, amid concerns over an economic slowdown, fueled…
