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.…
GBPUSD: 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 1.2586 with a growth target of 1.3250 – 1.3740.…
EURUSD: 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 1.0662 with a growth target of 1.1141 – 1.1273.…
Gold Is a Surefire Investment. Forecast as of 02.08.2024
The XAUUSD pair is again focused on the monetary policy of central banks and the risks of recession in the U.S. economy, which allowed bulls to push quotes to record…
USDCHF: 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 0.8875 with a bearish target of 0.8546 – 0.8325.…
USDСAD: 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 1.3592 with a growth target of 1.4000 – 1.4200.…
Short-term Analysis for Oil, Gold, and EURUSD for 02.08.2024
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…
