Oil Surges Amid Israel-Iran Escalation. Forecast as of 09.10.2024
The oil market is still awaiting further developments. Potential factors that could influence the market include Israel’s retaliation against Iran, China’s new fiscal stimulus, and the possible impact of hurricanes…
Economic calendar for the week 14.10.2024 – 20.10.2024
The US dollar continued to rally last week, following the release of robust macroeconomic data the week before. This data significantly lowered the chances of a substantial interest rate cut…
Short-term Analysis for Oil, Gold, and EURUSD for 09.10.2024
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 09.10.2024
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 BTCUSD: the…
US Dollar May Soar on Fed Mistake. Forecast as of 09.10.2024
The Fed has made an error in judgment once in the past year when the regulator believed it had beaten inflation at the beginning of 2023-2024. Against this backdrop, the…
Gold Retreats as Hopes for Big Fed Cut Fade. Forecast as of 08.10.2024
The availability of inexpensive liquidity from the Fed and other central banks has influenced the perception of gold as an investment vehicle. Previously, gold was purchased as a means of…
Short-term Analysis for Oil, Gold, and EURUSD for 08.10.2024
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 08.10.2024
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 BTCUSD: the…
US Dollar Sheds Its Ballast. Forecast as of 08.10.2024
Expectations of an aggressive 150-200 bp cut in the federal funds rate in the current cycle weighed heavily on EURUSD bears. The US labor market report for September provided a…
BoJ May Refrain from Rate Hike. Forecast as of 07.10.2024
If the BoJ does not raise rates until the end of 2024, the yen will once again be used as a funding currency in carry trade transactions. With an elevated…
