WTI Crude Oil: Elliott wave analysis and forecast for 18.10.24 – 25.10.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 75.67 with a target of 61.50 – 53.60. A…
USD/JPY: Elliott wave analysis and forecast for 18.10.24 – 25.10.24
The article covers the following subjects: Highlights and key points Main scenario: after the correction ends, consider short positions below the level of 151.54 with a target of 138.08 –…
Oil prices set for biggest weekly loss in over a month on demand worries
By Arunima Kumar LONDON (Reuters) – Oil futures steadied on Friday after data showed a fall in crude and fuel inventories in the United States and the emergence of more…
GBP/USD: Elliott wave analysis and forecast for 18.10.24 – 25.10.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2920 with a target of 1.3600 – 1.3800. A…
Loonie loses against the US dollar. Forecast as of 18.10.2024
The USDCAD‘s best winning streak since 2017 has not met the Reuters experts’ forecasts, predicting the strengthening of the loonie. This was due to the Bank of Canada’s intention to…
UN denounces Israel’s use of ‘war-like’ tactics in West Bank
GENEVA (Reuters) – The United Nations humanitarian office on Friday denounced Israel’s use of what it described as “war-like” tactics against Palestinians in the occupied West Bank, saying nine Palestinians…
EUR/USD: Elliott wave analysis and forecast for 18.10.24 – 25.10.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 1.1003 with a target of 1.0605 – 1.0400. A…
This Forex pair could rise by 11% if Trump imposes a 60% tariff on China: Nomura
Investing.com — The USD/CNH currency pair could rise by around 11% if former U.S. President Donald Trump is re-elected and implements his proposed tariffs on Chinese imports, according to Nomura…
Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output
By Georgina McCartney MIDLAND, Texas (Reuters) – A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed…
Safe haven demand to help drive gold higher in next 6-12 months, UBS says
Investing.com — The price of gold is seen driving higher over the next 6 to 12 months thanks to declining interest rates and “strong” central bank purchases of the yellow metal,…
