Short-term Analysis for Oil, Gold, and EURUSD for 08.11.2024
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 08.11.2024
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: Major Takeaways BTCUSD: The price has…
Benefits of Forex Trading
Most investors in the modern market choose Forex trading to join the global financial world and start trading. It is also known by the initials FX, which stands for Foreign…
Decoding Higher Highs and Lower Lows: Trading Basics
Understanding higher highs and lower lows is crucial for trend prediction in technical analysis and trading. These chart patterns help identify and use ongoing market movements in trading strategies. This…
Pound Poised to Plunge Amid Economic Uncertainty. Forecast as of 07.11.2024
The BoE is faced with the challenge of making crucial decisions in the context of ongoing uncertainty. The budget proposed by the Labour Party and Trump’s proposed protectionist policies are…
US Dollar Extends Gains Against Euro. Forecast as of 07.11.2024
Donald Trump’s policies will likely accelerate inflation in the US and dampen economic growth outside the country. As a result, the Fed will likely have to adopt a more cautious…
Tangible Assets vs. Intangible Assets: How Do They Differ?
Can a business exist without any assets? Actually, no. Today, all kinds of enterprises possess various assets and simply can’t function properly without having some. An asset is traditionally determined…
Short-term Analysis for Oil, Gold, and EURUSD for 07.11.2024
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 07.11.2024
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…
Directional Movement Index (DMI): Formula, Uses, and Trading Applications
The Directional Movement Index (DMI) is a technical indicator commonly used to confirm signals in trend-following strategies. Different sources may interpret the indicator in various ways. Internationally, the DMI often…
