Oil heads for more than 3% weekly decline as supply risks ease
(Reuters) -Oil prices fell on Friday, heading for a weekly drop of more than 3%, as concerns over supply risks from the Israel-Hezbollah conflict eased, alleviating earlier disruption fears. Brent…
USDCHF: Elliott Wave Analysis and Forecast for 29.11.24 – 06.12.24
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8955 with a target of 0.8200 – 0.8000. A sell signal:…
USDСAD: Elliott Wave Analysis and Forecast for 29.11.24 – 06.12.24
The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3815 with a target of 1.4300 – 1.4500. A buy signal:…
Oil prices set to end week over 3% lower as supply risks ease
(Reuters) -Oil prices fell on Friday, heading for a weekly drop of more than 3%, as concerns over supply risks from the Israel-Hezbollah conflict eased, alleviating earlier disruption fears. Brent…
Short-term Analysis for Oil, Gold, and EURUSD for 29.11.2024
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…
Meet the energy workers battling to keep the lights on in Ukraine
By Tom Balmforth (Reuters) – When Russian missiles hurtle towards the Ukrainian power plant and employees scramble for the bomb shelter, a handful of workers stay above ground in a…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.11.2024
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The three cryptocurrencies continue following the scenarios we have previously identified. The…
US Dollar to Post Weakest Weekly Performance. Forecast as of 29.11.2024
The probability of a 50-basis-point cut in the ECB rate in December is declining, as is the likelihood of the federal funds rate remaining at 4.75%. Consequently, the EURUSD exchange…
Oil prices rise over accusations of breaches to Israel-Hezbollah ceasefire
By Colleen Howe BEIJING (Reuters) – Oil prices were mixed on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ceasefire violations, and as…
Asia FX gains on Fed rate cut bets; yen hits 1-mth high on strong inflation read
Investing.com– Most Asian currencies edged higher on Friday as the dollar weakened on persistent expectations of a rate cut by the U.S. Federal Reserve in December, while the Japanese yen…