Short-term Analysis for Oil, Gold, and EURUSD for 01.10.2024
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…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 01.10.2024
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: an…
US Jobs Data to Drive EURUSD. Forecast as of 01.10.2024
The US Federal Reserve has started the monetary expansion cycle quite aggressively and is now prepared to adopt a more measured approach if the US economy remains as robust as…
Dollar sturdy after Powell pushes back on aggressive easing bets
By Kevin Buckland and Brigid Riley TOKYO (Reuters) – The U.S. dollar firmed against its major peers on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on…
Oil little changed as demand worries offset Mideast fears
SINGAPORE (Reuters) -Oil prices were little changed on Tuesday as stronger supply prospects and tepid global demand growth outweighed worries that escalating tensions in the Middle East could impact output…
Analysis-Australia could be canola trade winner if China gets over fungus worries
By Peter Hobson, Naveen Thukral and Mei Mei Chu CANBERRA/SINGAPORE/BEIJING (Reuters) – Australia would be the likely winner from a shift in global canola trade flows should China impose tariffs…
Oil steady as prospect of more supply offsets Middle East conflict worries
(Reuters) – Oil prices were steady on Tuesday as the prospect of additional supply entering the market amid lacklustre global demand growth offset concerns that the escalating Middle East conflict…
