Loonie’s Strong Rally May Reverse. Forecast as of 04.09.2024
A capital spillover from the US dollar to its Canadian counterpart amid a decelerating US economy and expectations of the Fed’s monetary expansion dragged USDCAD quotes down. However, the loonie…
Short-term Analysis for Oil, Gold, and EURUSD for 04.09.2024
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 04.09.2024
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:Â expect a…
US Economy’s Soft Landing Under Threat. Forecast as of 04.09.2024
The US Federal Reserve will take all necessary steps to support the labor market. Therefore, an aggressive reduction in the federal funds rate is still possible. The outcome will be…
Economic calendar for the week 09.09.2024 – 15.09.2024
Market participants are anticipating fresh macro statistics after the publication of US PMI and labor market data last week, 02.09.2024 – 08.09.2024. This data will help make more accurate predictions for the…
Gold Poised to Face Correction. Forecast as of 03.09.2024
Gold bulls are waiting for a reason to lock in profits on their long positions. They see a strong US dollar and seasonal influences on the gold price as a…
Short-term Analysis for Oil, Gold, and EURUSD for 03.09.2024
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 03.09.2024
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:Â expect a…
US Dollar to Gain Weight in September. Forecast as of 03.09.2024
In September, stock indices tend to fall while US Treasury bond yields increase, creating a favorable backdrop for the US dollar. Let’s discuss this topic and make a trading plan…
Ethereum Price Forecast & Predictions for 2024, 2025–2026 and Beyond
The cryptocurrency market is volatile by nature and, thus, is difficult to predict. Nonetheless, cryptocurrency experts have tried their best to forecast the price of Ethereum in 2024 and beyond.…
