Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 22.10.2024
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…
The Dollar Reasserted Its Dominance. Forecast as of 22.10.2024
The Trump trade has offset the differing pace of monetary expansion between the Fed and the ECB as the U.S. presidential election approaches. However, this factor remains in play, pushing…
Gold hovers near record high on safe-haven demand
By Rahul Paswan (Reuters) – Gold prices rose on Tuesday and hovered near a record high hit in the previous session, amid uncertainties around the U.S. election, the ongoing Middle…
Swissquote Enables Fractional Shares Trading
Swissquote has become the latest broker to enable fractional share trading for its customers, highlighting that trading full shares “limited clients to strategies constrained by share prices rather than their…
Dollar hovers at August high on US rates view, election
By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar clung to a 2-1/2-month high on Tuesday on expectations the Federal Reserve will take a measured approach to interest rate cuts, while…
Oil prices dip as geopolitical risks stabilise, China demand weighs
By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE (Reuters) -Oil prices eased on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and…
Gold prices steady below record highs with US elections in focus
Investing.com– Gold prices rose in Asian trade on Tuesday, steadying just below recent record highs as traders remained largely biased towards safe havens in anticipation of a tight 2024 presidential…
Asia FX weakens with yen near 3-mth low; dollar firm on rates, election jitters
Investing.com– Most Asian currencies moved in a flat-to-low range on Tuesday with the Japanese yen hitting its weakest level since late-July, while the dollar steadied near recent peaks with focus…
Oil prices dip as rebound stalls; demand fears persist
Investing.com– Oil prices fell in Asian trade on Tuesday as a recent rebound ran out of steam, with concerns over slowing demand in major oil consumer China remaining squarely in…
Oil prices trim Middle East war risk-gains, China demand remains a worry
By Yuka Obayashi TOKYO (Reuters) – Oil prices fell on Tuesday, paring the previous day’s nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ceasefire…
