WTI Crude Oil: Elliott wave analysis and forecast for 30.08.24 โ€“ 06.09.24

The article covers the following subjects: Highlights and key points Main scenario: once a correction forms, consider short positions below the level of 83.94 with a bearish target of 63.50…

Oil prices face pressure from slow China demand and inventory rise – Reuters poll

By Anushree Ashish Mukherjee (Reuters) – Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading importer China and rising inventory levels as Saudi Arabia…

USDJPY: Elliott wave analysis and forecast for 30.08.24 โ€“ 06.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 141.66 with a growth target of 165.00 โ€“ 170.00.…

A drift towards US recession doesn’t have to mean weaker USD – MacQuarie

Investing.com – The U.S. dollar received a boost overnight with the release of stronger than expected second-quarter growth data. And, even if the U.S. economy heads towards recession that may…

A drift towards US recession doesn;t have to mean weaker USD – MacQuarie

Investing.com – The U.S. dollar received a boost overnight with the release of stronger than expected second-quarter growth data. And, even if the U.S. economy heads towards recession that may…

GBPUSD: Elliott wave analysis and forecast for 30.08.24 โ€“ 06.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2960 with a growth target of 1.3500 โ€“ 1.3740.…

Morning Bid: Record highs abound, except in usual place

A look at the day ahead in U.S. and global markets from Mike Dolan Record stock market highs have lit up across the world once again – though not yet…

EURUSD: Elliott wave analysis and forecast for 30.08.24 โ€“ 06.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.0950 with a growth target of 1.1300 โ€“ 1.1500.…

Will the Pound Lose Ground? Forecast as of 30.08.2024

The British pound sterling has grown against the US dollar to its highest in 2.5 years, strengthening its leadership in the G10 currency race. Still, are the GBPUSD bulls feeling…

New Swiss nuclear dawn seen decades away at best

By Emma Farge and Dave Graham GENEVA/ZURICH (Reuters) – Bringing new nuclear power stations online in Switzerland could take decades due to myriad political and financial hurdles, energy experts and…