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…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 06.08.2024
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: correction [4]…
Bitcoin Price Forecast & Predictions for 2024, 2025–2030, and Beyond
Bitcoin is the world’s first cryptocurrency with the highest value. Investors and traders are highly interested in Bitcoin’s uniqueness, growth potential, and ability to influence other cryptocurrencies. With a market…
Yen Strengthens on BoJ Rate Hike. Forecast as of 05.08.2024
Currency interventions were the catalyst for the collapse of the USDJPY exchange rate, followed by the Bank of Japan meeting and the release of the US labor market report. Let’s…
Short-term Analysis for Oil, Gold, and EURUSD for 05.08.2024
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…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 05.08.2024
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: correction…
US Dollar to Pay Price for Fed Mistakes. Forecast as of 05.08.2024
The US labor market report for July indicated a slowdown in employment across all indicators. This increased the likelihood of an impending recession and raised the probability of the Federal…
XAUUSD: Elliott wave analysis and forecast for 02.08.24 – 09.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2350.30 with a growth target of 2560.00 – 2650.00.…
WTI Crude Oil: Elliott wave analysis and forecast for 02.08.24 – 09.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 83.40 with a bearish target of 72.30 – 67.60.…
USDJPY: Elliott wave analysis and forecast for 02.08.24 – 09.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 140.92 with a growth target of 165.00 – 170.00.…
