Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.08.2024
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: Highlights and key points BTCUSD: expect…
Oil prices gain on Middle East supply concerns
(Reuters) -Oil prices inched higher on Friday as investors weighed supply concerns in the Middle East, although signs of weakened demand limited gains. Brent crude futures for October delivery, which…
Harness Average True Range for Confident Market Moves
In the world of trading, understanding price volatility is crucial for making confident market moves. One powerful tool to achieve this is the Average True Range (ATR). The ATR is…
US Dollar Returns Its Crown. Forecast as of 30.08.2024
The retreat of the Trump trade was a contributing factor to the EURUSD rally in August. However, it was employed prematurely. The optimal time to make trading decisions amid the…
Compagnie Financière Tradition’s H1 2024 Net Profit Jumps 24.5%
The net profit of Compagnie Financière Tradition (SWX: CFT), an inter-dealer broker and operator of a Japanese retail forex trading platform, for the first six months of 2024 reached CHF…
FAME Awards 2024 Recognize the Industry’s Top Brands in Australia
The Financial Achievements in Markets Excellency awards (FAME) ceremony took place yesterday in Sydney, Australia, drawing plenty of noteworthy brands and participants. These awards have quickly established themselves as a…
Gold prices dip as PCE data looms; Set for strong August
Investing.com– Gold prices fell slightly in Asian trade on Friday, but remained close to record highs as markets awaited more cues on interest rates from key U.S. inflation data due…
Exclusive-Russia payment hurdles with China partners intensified in August, sources say
MOSCOW (Reuters) – Some Russian companies are facing growing delays and rising costs on payments with trading partners in China, leaving transactions worth tens of billions of yuan in limbo,…
Asia FX muted before PCE test; yen firms on strong CPI, while yuan hits 2024 peak
Investing.com– Most Asian currencies kept to a tight range on Friday as the dollar held recent gains in anticipation of key inflation data that is likely to factor into the…
Oil inches up on Middle East supply concerns
(Reuters) -Oil prices inched higher on Friday as investors weighed supply concerns in the Middle East, although signs of weakened demand limited gains. Brent crude futures for October delivery, which…
