Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.10.2024
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: Linking…
EURUSD May See Another Sell-Off. Forecast as of 29.10.2024
EURUSD bears will use disappointing economic data for the US dollar to initiate more short trades. In the current economic climate, the so-called Trump trade is a more significant factor…
Yen mired in political uncertainty; dollar firms ahead of key data
By Rae Wee SINGAPORE (Reuters) -The yen languished near a three-month trough on Tuesday as the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections raised uncertainty…
Gold prices rise, record highs close amid election, rate uncertainty
Investing.com– Gold prices rose in Asian trade on Tuesday, coming close to record highs as the run-up to the 2024 presidential election and uncertainty before upcoming data prints kept safe…
Oil prices little changed though US reserve bid lends support
By Yuka Obayashi and Emily Chow TOKYO (Reuters) -Oil prices were little changed on Tuesday after falling in the previous session as a U.S. plan to buy oil for the…
Asia FX softens with econ. data in focus; yen steadies amid intervention talk
Investing.com– Most Asian currencies weakened slightly on Tuesday, extending recent losses as traders remained risk-averse before a string of key economic readings this week. The Japanese yen was an outlier,…
Japan’s finance minister vows to closely watch FX moves
TOKYO (Reuters) – Japan’s Finance Minister Katsunobu Kato reiterated on Tuesday that the authorities would be vigilant to foreign exchange moves, including those driven by speculators. “We will continue to…
Oil prices edge up, US plan to refill reserve offers support
By Yuka Obayashi TOKYO (Reuters) – Oil prices edged up on Tuesday, after a sharp plunge in the previous session, as a U.S. plan to purchase oil for the Strategic…
Left-leaning New Democratic Party to form British Columbia government after tight election win
By Nia Williams (Reuters) – Incumbent Premier David Eby’s New Democratic Party (NDP) is set to form the next government of British Columbia after edging ahead in a final tally…
Oil prices rise after easing Israel-Iran fears spur bruising losses
Investing.com– Oil prices rose in early Asian trade on Tuesday, recovering some ground after easing concerns over a worsening conflict in the Middle East sparked deep losses in the prior…
