Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 04.07.2024
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: Elliott Wave analysis for Bitcoin Bitcoin’c…
US Dollar in Tight Spot. Forecast as of 04.07.2024
Another batch of disappointing US data, combined with reduced political risks in France, has had a profound impact on the EURUSD pair, leading to a significant strengthening. However, the Trump…
Evening Star Pattern – What Is It and How to Trade
The Evening star pattern is the opposite of the Morning star candlestick pattern. The Japanese “Evening star” pattern signals that a bullish market cycle nears its end, and an uptrend will…
Plug Power Stock Forecast for 2024, 2025-2026, and beyond
Plug Power Inc., a leader in hydrogen fuel cell technology, has been redefining energy consumption since its inception in the 1990s. As a key player in the renewable energy sector,…
Piercing Candlestick Pattern – What Is It and How To Use It
A “Piercing” pattern received its name due to the principle of its construction on the price chart. This Japanese candlestick pattern belongs to reversal patterns and significantly influences an asset’s…
Aussie to Get Fresh Start. Forecast as of 03.07.2024
The Reserve Bank of Australia has been increasing its interest rate too slowly. Inflation remains stubborn and does not slow down. It may be necessary to tighten the monetary policy…
Short-term Analysis for Oil, Gold, and EURUSD for 03.07.2024
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 03.07.2024
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: Elliott Wave analysis for Bitcoin The…
US Dollar Soars on Fed Fears. Forecast as of 03.07.2024
Politics may become one of the reasons for a federal funds rate cut in September. Donald Trump is steadily moving towards the US President’s chair, and the Fed may want…
NZDUSD Speculators Trapped. Forecast as of 02.07.2024
The lower the NZDUSD quotes fell, the more speculators opened long trades on the New Zealand dollar. However, sooner or later, they will realize where their stance will lead them.…
