Oil heads for weekly climb on potential Mideast supply disruption

By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil retreated on Friday after settling higher the previous day, but prices remained set for a second weekly gain as investors weighed…

How RBA Decisions Affect the Australian Dollar. Forecast as of 11.10.2024

A strong labor market, high inflation and lower rates allowed the RBA to keep the cash rate plateaued while other central banks were easing monetary policy. In autumn, everything changed.…

EUR/USD: Elliott wave analysis and forecast for 11.10.24 – 18.10.24

The article covers the following subjects: Highlights and key points Main scenario: once the correction ends, consider long positions above the level of 1.0773 with a target of 1.1400 –…

Tradu Partners with Data Intellect for Platform Launch After TradingView Deal

Tradu, a multi-asset trading platform, has formed a partnership with Data Intellect, a global data and technology company. The partnership aims to support the launch of Tradu’s platform. Data Intellect…

USD/CHF: Elliott wave analysis and forecast for 11.10.24 – 18.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 0.8742 with a target of 0.8200 – 0.8000. A…

USD/СAD: Elliott wave analysis and forecast for 11.10.24 – 18.10.24

The article covers the following subjects: Highlights and key points Main scenario: after the correction ends, consider short positions below the level of 1.3943 with a target of 1.3205 –…

Dollar slips lower, but still on course for weekly gain

Investing.com – The U.S. dollar traded with small losses Friday, but remained on course for weekly gains as traders reassessed likely Federal Reserve rate cuts in the wake of the…

Short-term Analysis for Oil, Gold, and EURUSD for 11.10.2024

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…

Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.10.2024

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 The market…

Oil retreats, but heads for weekly climb on potential Mideast supply disruption

By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil retreated on Friday after settling higher the previous day, but prices remained set for a second weekly gain as investors weighed…