USD/CHF: 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 0.8742 with a target of 0.8200 – 0.8000. A…
USD/СAD: 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 1.3943 with a target of 1.3205 –…
Dollar stabilizes after gains; sterling boosted by retail sales
Investing.com – The U.S. dollar slipped lower Friday, handing back some of the previous session’s gains on the back of strong retail sales, but remained on track for its third…
Short-term Analysis for Oil, Gold, and EURUSD for 18.10.2024
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…
Euro Leaves the Door Open. Forecast as of 18.10.2024
One may think the ECB did not dare to frighten markets with a 50-point rate cut as investors could suspect a panic. However, the modest cut by 25 basis points…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.10.2024
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: the…
Factbox-COP16: From forests to oceans, nature in a dire state
By Jake Spring (Reuters) – Global destruction of nature has reached unprecedented extremes. As the United Nations two-week COP16 biodiversity summit kicks off on Monday in Cali, Colombia, here is…
Oil prices inch higher but set for steep weekly losses on demand fears
Investing.com– Oil prices rose marginally in Asian trade on Friday, buoyed by some positive U.S. inventory data, but were headed for their worst week since early-September amid growing concerns over…
Asia FX muted as dollar steadies at over 2-mth peaks on strong data
Investing.com– Most Asian currencies kept to a tight range on Friday as the dollar steadied at more than two-month highs as strong economic data furthered expectations of smaller interest rate…
Oil steadies, but on track for biggest weekly loss in over a month
By Florence Tan and Trixie Yap SINGAPORE (Reuters) -Crude oil futures steadied on Friday after strong U.S. retail sales data, but Chinese economic indicators remained mixed and prices were headed…
