Short-term Analysis for Oil, Gold, and EURUSD for 04.12.2024
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…
Oil prices inch up on geopolitical tensions, OPEC+ supply plans
By Emily Chow SINGAPORE (Reuters) -Oil prices firmed on Wednesday as market participants weighed up geopolitical tensions and the prospect of OPEC+ extending supply cuts against weaker demand. Brent crude…
Discontent runs high as Ghana readies to vote on Saturday
By Maxwell Akalaare Adombila ACCRA (Reuters) – Public frustration over Ghana’s economic travails, including high prices and a dearth of jobs, has dominated the run-up to Saturday’s general election, which…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 04.12.2024
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: Major Takeaways BTCUSD: The price may…
Centroid Taps FMP in Push to Expand Market Data Services
Trading technology provider Centroid Solutions announced today (Wednesday) the integration of Financial Modeling Prep’s (FMP) comprehensive financial data services into its trading infrastructure, expanding its market data capabilities for institutional…
Euro Remains Resilient Against Political Turmoil. Forecast as of 04.12.2024
The current lag in GDP growth and the increasing fragmentation of the political landscape are pushing the EURUSD pair toward parity. Following political turmoil in France, Germany may face a…
Aussie dollar outlook hinges on US trade policy under Trump, says BofA
Investing.com– There are three potential scenarios for the Australian dollar through mid-2025, contingent on U.S. policy under President-elect Trump, analysts at Bank of America (BofA) said in a note, stating…
Gold prices steady as S.Korea turmoil spurs some haven demand; Powell awaited
Investing.com– Gold prices rose marginally in Asian trade on Wednesday as political turmoil in South Korea spurred some safe haven demand, although anticipation of more cues on U.S. interest rates…
Aussie slumps on tepid economy, won stable after martial law lifted
By Kevin Buckland TOKYO (Reuters) -The Australian dollar tumbled to a four-month low on Wednesday after weaker-than-expected economic growth raised expectations for earlier interest rate cuts, while South Korea’s won…
Asian FX muted; S.Korean won at 2-year low amid political jitters
Investing.com– Asian currencies drifted lower on Wednesday with the South Korean won at a two-year low after President Yoon Suk-Yeol’s failed attempt to impose martial law, while the Australian dollar…
