USDСAD: Elliott wave analysis and forecast for 30.08.24 – 06.09.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions with a target of 1.3192 – 1.2981. A sell signal: after the correction ends below…
Why US election should be dollar positive: Citi
Citi strategists on Thursday reiterated their view that the U.S. election is “US dollar positive,” while acknowledging other factors that could make an impact in the coming months, such as…
Dukascopy Endures a Harsh H1 2024: Income and Profit Nosedive
Dukascopy, a Geneva-headquartered retail forex and contracts for differences (CFDs) broker, has released its financials for the first six months of 2024, revealing a significant drop in its consolidated income…
Short-term Analysis for Oil, Gold, and EURUSD for 30.08.2024
I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the…
Wine wins, crops lose, as farmers grapple with record Balkans heat
By Aleksandar Vasovic and Fatos Bytyci BACKI PETROVAC, Serbia/RAHOVEC, Kosovo (Reuters) – Rastislav Pucovski held a fistful of soy beans shriveled to the size of peppercorns on his farmland in…
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…
