First to hike, last to cut? BoE caution cossets pound: Mike Dolan
By Mike Dolan LONDON (Reuters) -First to hike, first to hit its inflation target – and the last to cut? It may be unwise to read too much into volatile…
Oil prices steady amid strong dollar, China economy worries
By Shariq Khan NEW YORK (Reuters) – Oil prices fell on Friday, setting up for a second weekly decline, as mixed economic signals weighed on investor sentiment and boosted the…
EURUSD: Elliott wave analysis and forecast for 19.07.24 – 26.07.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.0665 with a target of 1.1141 – 1.1273. A…
Yen Breaks Bullish Trend Against Greenback. Forecast as of 19.07.2024
The Bank of Japan’s currency interventions yielded positive outcomes. In light of the recent slowdown in the US labor market and rising inflation, it is likely that the USDJPY uptrend…
USDCHF: Elliott wave analysis and forecast for 19.07.24 – 26.07.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 0.9050 with a target of 0.8546 – 0.8325. A…
Dollar edges higher on safety bid; sterling drops after weak retail sales
Investing.com – The U.S. dollar rose slightly Friday, on course for a positive week, while sterling slipped after the release of weak retail sales data. At 04:10 ET (09:10 GMT),…
USDСAD: Elliott wave analysis and forecast for 19.07.24 – 26.07.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 1.3788 with a target of 1.3352 – 1.3166. A…
XAU/USD: Why Gold Prices Keep Rising and What’s Next
Spot gold prices climbed again on Thursday, driven by growing expectations that the Federal Reserve might start cutting rates by September as well as softer inflation figures and dovish hints…
Oil prices fall as strong dollar, worries over China weigh on sentiment
By Shariq Khan (Reuters) -Oil prices fell on Friday as a strong dollar, mixed economic signals and concern over China’s economy weighed on investor sentiment. Brent crude prices fell by…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 19.07.2024
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The cryptocurrencies continue moving within a predicted range. The article covers the…
