DXtrade XT Ramps Up Prop Trading Tools for Brokers and Firms

DXtrade XT has introduced enhancements to its platform to support prop trading. The latest update is designed to help brokers and prop firms launch challenges and contests. This configuration offers…

Falling Wedge Pattern: A Trader’s Guide to Success

In the realm of technical analysis, chart patterns are essential as they assist traders in making well-informed decisions. Patterns appear in all markets, including commodities, stocks, cryptocurrency, and Forex. Patterns…

XAUUSD: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2497.30 with a growth target of 2600.00 – 2700.00.…

US locks in steep China tariff hikes, many to start Sept. 27

By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic…

WTI Crude Oil: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 77.20 with a bearish target of 61.50 – 53.60.…

Buy gold as a hedge to these risks: UBS

Investing.com — UBS analysts reaffirmed their bullish stance on gold in a note this week, highlighting its value as a hedge against rising macroeconomic and geopolitical uncertainties. UBS pointed out…

USDJPY: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 149.34 with a bearish target of 131.25 – 123.97.…

Oil price rally steers crude towards weekly gain

By Arunima Kumar (Reuters) -Oil prices rose 1% on Friday, extending their rally and putting crude on course for a weekly gain on the back of output disruption in the…

GBPUSD: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.3000 with a growth target of 1.3500 – 1.3740.…

Aussie Posts Gains on Rising Risk Appetite. Forecast as of 13.09.2024

While traders sought to capitalize on the divergence in monetary policy between the RBA and other central banks, AUDUSD bulls saw another avenue for potential gain: rising global risk appetite.…