XAU/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24
The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 2293.93 with a target of 2500.00 – 2560.00. A buy…
WTI Crude Oil: Elliott wave analysis and forecast for 05.07.24 – 12.07.24
The article covers the following subjects: Key takeaways Main scenario: Consider short positions below the level of 87.75 with a target of 67.60 – 57.00 once a correction is completed.…
USD/JPY: Elliott wave analysis and forecast for 05.07.24 – 12.07.24
The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 154.51 with a target of 165.00 – 170.00. A buy…
Oil prices steady at 2-month highs, set for weekly gains
Investing.com — Oil prices steadied Friday, remaining close to two-month highs as optimism over increased summer demand and speculation over supply disruptions offered support. At 08:00 ET (12:00 GMT), Brent…
GBP/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24
The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 1.2610 with a target of 1.3145 – 1.3740. A buy…
EUR/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24
The article covers the following subjects: Key takeaways Main scenario: consider long positions from a correction above the level of 1.0665 with a target of 1.0977 – 1.1141. A buy…
ADNOC’s Ruwais LNG to earmark 40% stake to Shell, Total, BP, Mitsui, sources say
By Ron Bousso, Marwa Rashad and Emily Chow LONDON/SINGAPORE (Reuters) – Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project…
When will gold strike? Forecast as of 05.07.2024
The precious metal withstood a strong US dollar and growing Treasury yields. What will happen when a headwind changes to a tailwind? Let’s discuss it and make a trading plan.…
USD/CHF: Elliott wave analysis and forecast for 05.07.24 – 12.07.24
The article covers the following subjects: Key takeaways Main scenario: consider short positions from a correction below the level of 0.9050 with a target of 0.8730 – 0.8325. A sell…
Citi revisits its oil prices forecast for 2024
Citi analysts say geopolitical tensions and extreme weather events remain risks for oil prices in the near term. They point to conflicts in the Middle East and Hurricane Beryl as…
