Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 08.07.2024

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: Key takeaways BTCUSD: Downward movement in…

Euro Closes Gap. Forecast as of 08.07.2024

The New Popular Front and Renaissance managed to keep the right-wing out of power, and Macron’s party looked better than in the first round. The EURUSD pair faced a roller…

XAU/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 2293.93 with a target of 2500.00 – 2560.00. A buy…

WTI Crude Oil: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: Consider short positions below the level of 87.75 with a target of 67.60 – 57.00 once a correction is completed.…

USD/JPY: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 154.51 with a target of 165.00 – 170.00. A buy…

GBP/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 1.2610 with a target of 1.3145 – 1.3740. A buy…

EUR/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 1.0665 with a target of 1.0977 – 1.1141. A buy…

When will gold strike? Forecast as of 05.07.2024

The precious metal withstood a strong US dollar and growing Treasury yields. What will happen when a headwind changes to a tailwind? Let’s discuss it and make a trading plan.…

USD/CHF: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider short positions from a correction below the level of 0.9050 with a target of 0.8730 – 0.8325. A sell…

USD/СAD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

The article covers the following subjects: Key takeaways Main scenario: consider short positions from a correction below the level of 2370.00 with a target of 2218.46 – 2161.56. A sell…