Short-term Analysis for Oil, Gold, and EURUSD for 08.10.2024
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…
Discord Gets a Financial Boost: Devexperts’ AI Assistant Joins the Chat
Devexperts, a software developer for the capital markets industry, announced today (Tesday) that its AI-powered virtual assistant Devexa is now integrated with Discord, the instant messaging platform, that became increasingly…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.10.2024
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…
US Dollar Sheds Its Ballast. Forecast as of 08.10.2024
Expectations of an aggressive 150-200 bp cut in the federal funds rate in the current cycle weighed heavily on EURUSD bears. The US labor market report for September provided a…
Iran warns Israel against any attack, threatens stronger retaliation
DUBAI (Reuters) – Iran’s foreign minister warned Israel against launching an attack, saying on Tuesday any strike on Iranian infrastructure would be met with a stronger retaliation. Iran attacked Israel…
Dollar drifts near 7-week highs as traders consider US rates outlook
By Ankur Banerjee SINGAPORE (Reuters) -The dollar clung to seven-week highs against major currencies on Tuesday as investors pondered the outlook for U.S. rates after a strong jobs report last…
Gold prices muted amid rate uncertainty; copper slides as China cheer fades
Investing.com– Gold prices moved little in Asian trade on Tuesday, steadying after falling from record highs as traders priced in the prospect of smaller interest rate cuts by the Federal…
Oil retreats as investors pare bets on Middle East war risk after sharp rally
By Emily Chow SINGAPORE (Reuters) -Oil prices fell more than $1 on Tuesday as traders took profits from a rally in the previous session that lifted the market to its…
China stimulus to boost base metals, iron ore prices in the near-term- Citi
Investing.com– Citi analysts presented a bullish, near-term view for base metals and iron ore prices, citing optimism over more stimulus measures from top consumer China, although the longer-term view was…
Asia FX weakens as yuan slides; dollar firm amid bets on smaller rate cut
Investing.com– Most Asian currencies drifted lower on Tuesday, with the Chinese yuan weakening sharply as onshore trade resumed after a week-long holiday.ย The dollar remained in sight of recent seven-week…
