US Dollar Outperforms Its Counterparts. Forecast as of 30.12.2024
The Eurozone economy is weakening, and the only effective solution is to implement lower interest rates to save it from a collapse. The ECB should stop following the Fed’s actions,…
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.12.2024
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: An ascending correction…
Confluence trading strategies in Forex Market
In trading theory, confluence is the use of two or more different instruments that filter and confirm each other’s signals. The most common combination is technical analysis indicators with trend…
Margin Account vs. Cash Account
To trade securities, you need to open an account with a brokerage company. Stock brokers offer two main types of accounts, cash accounts and margin accounts. Trading on a cash…
XAU/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 2728.40 with a target of 2418.82 – 2304.21. A…
WTI Crude Oil: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 78.88 with a target of 61.50 – 53.60. A…
USD/JPY: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 161.75 with a target of 138.00 – 131.40. A…
GBP/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.2664 with a target of 1.2240 – 1.1900. A sell signal:…
EUR/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.0536 with a target of 1.0193 – 1.0000. A sell signal:…
Silver Will Take Revenge. Forecast as of 27.12.2024
Silver has outrun gold for a long time in 2024, but the Trump trade hit XAG/USD harder than XAU/USD, leading to silver’s final defeat. Will anything change next year? Let’s discuss…
