Gravestone Doji: How to Trade This Candlestick Pattern

In the modern world of trading and investing, it has become common to rely on technical indicators and trading robots, bypassing conventional chart and candlestick patterns. Many novice traders underestimate…

XAU/USD: Elliott wave analysis and forecast for 18.10.24 – 25.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2601.27 with a target of 2800.00 – 3000.00. A…

WTI Crude Oil: Elliott wave analysis and forecast for 18.10.24 – 25.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 75.67 with a target of 61.50 – 53.60. A…

USD/JPY: Elliott wave analysis and forecast for 18.10.24 – 25.10.24

The article covers the following subjects: Highlights and key points Main scenario: after the correction ends, consider short positions below the level of 151.54 with a target of 138.08 –…

GBP/USD: Elliott wave analysis and forecast for 18.10.24 – 25.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2920 with a target of 1.3600 – 1.3800. A…

Loonie loses against the US dollar. Forecast as of 18.10.2024

The USDCAD‘s best winning streak since 2017 has not met the Reuters experts’ forecasts, predicting the strengthening of the loonie. This was due to the Bank of Canada’s intention to…

EUR/USD: Elliott wave analysis and forecast for 18.10.24 – 25.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 1.1003 with a target of 1.0605 – 1.0400. A…

USD/CHF: Elliott wave analysis and forecast for 18.10.24 – 25.10.24

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 18.10.24 – 25.10.24

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 –…

Short-term Analysis for Oil, Gold, and EURUSD for 18.10.2024

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…