GBP/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 1.2610 with a target of 1.3145 – 1.3740. A buy…

EUR/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 1.0665 with a target of 1.0977 – 1.1141. A buy…

ADNOC’s Ruwais LNG to earmark 40% stake to Shell, Total, BP, Mitsui, sources say

By Ron Bousso, Marwa Rashad and Emily Chow LONDON/SINGAPORE (Reuters) – Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project…

When will gold strike? Forecast as of 05.07.2024

The precious metal withstood a strong US dollar and growing Treasury yields. What will happen when a headwind changes to a tailwind? Let’s discuss it and make a trading plan.…

USD/CHF: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider short positions from a correction below the level of 0.9050 with a target of 0.8730 – 0.8325. A sell…

Citi revisits its oil prices forecast for 2024

Citi analysts say geopolitical tensions and extreme weather events remain risks for oil prices in the near term. They point to conflicts in the Middle East and Hurricane Beryl as…

Morning Bid: Labor in focus – US jobs, new UK government

A look at the day ahead in U.S. and global markets from Mike Dolan While U.S. markets return from the Independence day holiday to assess significant cooling of the labor…

USD/СAD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider short positions from a correction below the level of 2370.00 with a target of 2218.46 – 2161.56. A sell…

China reveals next steps in EU brandy probe as EV tariffs take effect

By Joe Cash BEIJING (Reuters) -China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tensions on the same day the European Commission’s…

Former Amazon Consultant Joins Capital.com as Global Head of Programmatic

Patricia Lyn Dixon has announced on LinkedIn her new position as Global Head of Programmatic at Capital.com. Previously, she worked at Amazon Ads as a Programmatic Solutions Consultant for over…