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…
Dollar Risks Being Late. Forecast as of 02.08.2024
Markets may be deluded about the speed of the Fed’s monetary expansion. But what if the US economy starts to cool sharply? Will the Fed have to act aggressively, and…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 02.08.2024
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: the…
The British Pound Doomed to Collapse. Forecast as of 01.08.2024
The British pound, once under the spotlight, is falling now. The global economy and rumors that the Bank of England will cut interest rates are to blame. The Chancellor of…