XAUUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider short positions from corrections below the level of 2370.00 with a target of 2218.46 – 2161.56. Alternative scenario: breakout and consolidation above the level of 2370.00 will…
WTI Crude Oil: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: after correction ends, consider short positions below the level of 87.75 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 87.75…
Peso found support, but only for a short time. Forecast as of 28.06.2024
Loss of respect from carry traders, rising volatility, a slowing Mexican economy, and the threat of Donald Trump returning to power make life difficult for USDMXN bears. Let’s discuss it…
USDJPY: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider long positions from corrections above the level of 157.50 with a target of 165.00 – 170.00. Alternative scenario: breakout and consolidation below the level of 157.50 will…
GBPUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: upon correction, consider long positions above the level of 1.2515 with a target of 1.3145 – 1.3740. Alternative scenario: breakout and consolidation below the level of 1.2515 will…
EURUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider long positions from corrections above the level of 1.0612 with a target of 1.0978 – 1.1141. Alternative scenario: breakout and consolidation below the level of 1.0612 will…
USDCHF: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: after correction, consider short positions below the level of 0.9222 with a target of 0.8730 – 0.8325. Alternative scenario: breakout and consolidation above the level of 0.9222 will…
USDCAD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider long positions from corrections above the level of 1.3606 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3606 will…
Short-term Analysis for Oil, Gold, and EURUSD for 28.06.2024
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…
US Dollar Bullish after First Debate Standoff. Forecast as of 28.06.2024
The first presidential debate in the US destroyed the euro’s potential rally. The risks of Donald Trump returning to power were higher than the deterioration of the US economy and…
