XAUUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider short positions from corrections below the level of 2370.00 with a target of 2218.46 – 2161.56. Alternative scenario: breakout and consolidation above the level of 2370.00 will…
WTI Crude Oil: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: after correction ends, consider short positions below the level of 87.75 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 87.75…
Peso found support, but only for a short time. Forecast as of 28.06.2024
Loss of respect from carry traders, rising volatility, a slowing Mexican economy, and the threat of Donald Trump returning to power make life difficult for USDMXN bears. Let’s discuss it…
Oil prices to stay steady as China demand woes offset Mideast risks- Reuters poll
By Rahul Paswan and Kavya Balaraman (Reuters) – Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher…
USDJPY: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider long positions from corrections above the level of 157.50 with a target of 165.00 – 170.00. Alternative scenario: breakout and consolidation below the level of 157.50 will…
GBPUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: upon correction, consider long positions above the level of 1.2515 with a target of 1.3145 – 1.3740. Alternative scenario: breakout and consolidation below the level of 1.2515 will…
Climate activists plan protests at Citi’s New York headquarters
By Makailah Gause (Reuters) – Climate activists are planning a march targeting Citigroup’s headquarters in New York on Friday, part of what they call a “Summer of Heat” campaign. More…
Morning Bid: Parsing Biden TV flop, France poll, PCE time
A look at the day ahead in U.S. and global markets from Mike Dolan If TV debates decided elections, world markets seem remarkably calm about the prospect of a Donald…
EURUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider long positions from corrections above the level of 1.0612 with a target of 1.0978 – 1.1141. Alternative scenario: breakout and consolidation below the level of 1.0612 will…
Why Investors are Optimistic About Gold: A Historical Comparison
Gold has always held a special place in the world of finance and investment. Since the end of the Gold Standard in 1971, gold has made six major breakouts. Notably,…
