WTI Crude Oil: Elliott wave analysis and forecast for 23.08.24 – 30.08.24
The article covers the following subjects: Highlights and key points Main scenario: once a correction forms, consider short positions below the level of 78.85 with a bearish target of 63.50…
USDJPY: Elliott wave analysis and forecast for 23.08.24 – 30.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 141.66 with a growth target of 165.00 – 170.00.…
GBPUSD: Elliott wave analysis and forecast for 23.08.24 – 30.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2791 with a growth target of 1.3400 – 1.3740.…
Mexican Peso Extends Losses. Forecast as of 23.08.2024
In mid-August, the Mexican peso seemed to eliminate its negative factors. Carry traders returned to the market while Donald Trump’s position in the presidential race weakened. However, the optimism of…
XAUUSD: Elliott wave analysis and forecast for 16.08.24 – 23.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2377.25 with a growth target of 2560.00 – 2650.00.…
WTI Crude Oil: Elliott wave analysis and forecast for 16.08.24 – 23.08.24
The article covers the following subjects: Highlights and key points Main scenario: once a correction forms, consider short positions below the level of 83.93 with a bearish target of 67.10…
USDJPY: Elliott wave analysis and forecast for 16.08.24 – 23.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 141.66 with a growth target of 165.00 – 170.00.…
Mexican Peso No Longer ‘Super’. Forecast as of 06.08.2024
The Mexican peso has demonstrated consistent strength since the spring of 2020, reaching an eight-year high against the US dollar in April. However, the market dynamics shifted significantly by the…
Short-term Analysis for Oil, Gold, and EURUSD for 06.08.2024
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…
EURUSD Hits Fresh High as Global Stock Rout Deepens. Forecast as of 06.08.2024
The impending recession in the US economy prompted a significant shift in financial markets. Severe shock waves hit global stock markets from Asia to North America. Meanwhile, EURUSD quotes soared…
