Short-Term Analysis for Oil, Gold, and EURUSD for 13.01.2025
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…
ASIC to Decide Fate of Investment Introduction Service Relief
The Australian Securities and Investments Commission (ASIC) launched a public consultation today (Monday) regarding the extension of regulatory relief for business introduction services, with the current measures set to expire…
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 13.01.2025
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: A triangular correction…
Surging dollar pressures peers as further Fed cuts in question
By Rae Wee SINGAPORE (Reuters) -The dollar charged higher on Monday and drove its peers to multi-year lows after a blowout U.S. jobs report underscored the strength of the world’s…
US Dollar Unleashes Tools of Financial Destruction. Forecast as of 13.01.2025
In the fall, the US labor market showed signs of cooling, but now, many experts believe that this is no longer the case. The US Fed is planning to hold…
Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say
SHANGHAI (Reuters) – Lithium prices are expected to stabilise in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an…
Oil jumps as new US sanctions to curb Russian supply to China, India
By Florence Tan SINGAPORE (Reuters) -Oil prices extended gains for a third session on Monday, with Brent rising above $81 a barrel to its highest in more than four months,…
Gold prices muted as payrolls data fuels rate jitters
Investing.com– Gold prices fell in Asian trade on Monday as traders braced for a slower pace of U.S. interest rate cuts following stronger-than-expected nonfarm payrolls data, which supported the dollar. …
Column-Structural shifts or price moves? China’s bifurcated commodity imports: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – China’s imports of major commodities in 2024 presented a mixed bag, with record volumes of iron ore, coal and natural gas, but weakness…
Hong Kong to expand yuan trade finance, Bond Connect schemes, HKMA says
HONG KONG (Reuters) – Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program for mainland China investors, Eddie…