USD/CHF: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.9201 with a target of 0.8724 – 0.8386. A sell signal:…
IG Deal Cuts Freetrade’s Valuation By Over a Quarter: Shareholders Backlash
Following the acquisition by IG Group, Freetrade is facing backlash from its early investors as the £160 million cash deal was more than a quarter lower than its previous fundraising…
Oil set for fourth week of gains as investors assess US sanctions impact
By Yuka Obayashi, Siyi Liu and Enes Tunagur LONDON (Reuters) -Oil prices edged up on Friday, heading for a fourth consecutive week of gains, as the latest U.S. sanctions on…
Dollar set for losing week; sterling falls further after retail sales
Investing.com – The US dollar edged higher Friday, but was on course for a weekly loss after core inflation eased, while sterling retreated following the release of weak retail sales…
USD/СAD: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25
The article covers the following subjects: Major Takeaways Main scenario: Breakout and consolidation above the level of 1.4295 will allow the pair to continue rising to the levels of 1.4800…
Oil climbs, set for fourth week of gains as US sanctions hit supply
By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE (Reuters) – Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy…
Short-Term Analysis for Oil, Gold, and EURUSD for 17.01.2025
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…
UK retail sales shrink unexpectedly in December, adding to glum data
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail sales fell unexpectedly in December, according to data on Friday that raised the risk of an economic contraction in the…
UK retail sales fall unexpectedly in December, adding to downbeat data
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail sales fell unexpectedly in December, according to official data on Friday that added to a run of downbeat economic indicators…
Analysis-China’s vast refining sector faces shakeout as fuel demand peaks
By Chen Aizhu SINGAPORE, (Reuters) – Up to 10% of China’s oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese fuel demand crushes…
