Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.09.2024
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: expect a…
Devexperts’ DXtrade Platform Adds High-Speed Copy Trading via Traders Connect
DXtrade, a white-label trading platform developed by Devexperts, has engaged in a new partnership with Traders Connect, a cloud-based trade copier. This collaboration aims to meet the growing demand for…
US Dollar to Gain Weight in September. Forecast as of 03.09.2024
In September, stock indices tend to fall while US Treasury bond yields increase, creating a favorable backdrop for the US dollar. Let’s discuss this topic and make a trading plan…
Oil prices fall as demand concerns overshadow Libyan export halt
By Colleen Howe and Emily Chow SINGAPORE (Reuters) -Brent oil prices fell on Tuesday as sluggish economic growth in China, the world’s biggest crude importer, increased worries about demand that…
Dollar near two-week highs ahead of labour data deluge
By Ankur Banerjee SINGAPORE (Reuters) -The dollar inched higher and held close to a two-week high on Tuesday as investors geared up for a slew of economic data, including Friday’s…
Oil prices drop as focus remains on OPEC+, Libyan exports
U.S. crude oil futures opened modestly higher after recording three consecutive weeks of losses. Oil prices have been under pressure lately, influenced by concerns over a potential slowdown in demand…
Gold prices fall ahead of key labor market data
Gold prices fell in early trade Tuesday as traders continue to discuss the prospect of a rate cut by the Federal Reserve in September. At 00:08 EST (04:08 GMT), spot gold…
Dollar up ahead of the key jobs report
The U.S. dollar was modestly up Tuesday, staying close to its nearly two-week high as with investor attention turns to the forthcoming U.S. jobs report expected at the week’s end.…
Oil prices fall as weak demand overshadows Libya blockade
By Colleen Howe BEIJING (Reuters) – Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the impact of…
China, South Africa agree to seek balanced trade, more investments
BEIJING (Reuters) – China and South Africa, whose top leaders met in Beijing, signed cooperation documents that cover trade and other areas, and discussed encouraging their business communities to increase…
