USD/СAD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25
The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.4295 with a target of 1.4800 – 1.5200. A buy signal:…
UK fiscal position is sterling’s “Achilles’ Heel” – BoA
Investing.com – The recent surge in UK gilt yields has highlighted the fragility of sentiment towards the country’s fiscal position, said Bank of America, which remains the “Achilles’ Heel” for…
Oil set for third straight weekly gain on supply concerns
By Anna Hirtenstein LONDON (Reuters) -Oil prices rose on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from sanctions…
Dollar retains strength ahead of payrolls; sterling slips again
Investing.com – The US dollar edged higher Friday, holding on to recent gains ahead of the release of the highly influential monthly jobs report, while sterling continued to retreat. At…
Short-Term Analysis for Oil, Gold, and EURUSD for 10.01.2025
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…
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.01.2025
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…
Malaysian palm oil stocks hit 19-month low in December as output drops
By Ashley Tang and Rajendra Jadhav KUALA LUMPUR/MUMBAI (Reuters) – Malaysia’s palm oil stocks fell for a third consecutive month in December to hit their lowest since May 2023, as…
US Dollar Leaves All Its Counterparts Behind. Forecast as of 10.01.2025
The Bank of England’s decision to follow the Fed and put its monetary policy cycle on pause exacerbates the debt crisis in the UK. This has prompted other regulators to…
EU’s 2024 new wind capacity less than half amount needed for climate goal, industry group says
LONDON (Reuters) – Wind power provided 20% of the electricity consumed in Europe last year, but the capacity built during the year was less than half of what is needed…
Gold prices steady with nonfarm payrolls in focus
Investing.com– Gold prices rose slightly in Asian trade on Friday and were headed for some weekly gains as heightened uncertainty over U.S. interest rates and trade tariffs fueled increased safe…
