Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 17.12.2024
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: Major Takeaways BTCUSD: The price may…
Ultima Markets Becomes First CFD Broker in UN Global Compact
Ultima Markets has become the first CFD broker to join the UN Global Compact initiative, marking a significant shift in the trading industry’s approach to sustainability. The company commits to…
Short-Term Analysis for Oil, Gold, and EURUSD for 17.12.2024
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…
US Dollar Benefits From Widening US–Europe Rates Gap. Forecast as of 17.12.2024
Given the robust state of the US economy, the Fed has the latitude to proceed with caution in cutting rates. In contrast, the ECB is under pressure to act with…
Oil prices nudge down on demand concerns, focus on Fed meeting
By Colleen Howe and Siyi Liu BEIJING/SINGAPORE (Reuters) -Oil prices eased further on Tuesday as China’s economic data renewed demand concerns, while investors remained cautious ahead of the U.S. Federal…
Dollar supported as longer-run US rates seen higher
SINGAPORE (Reuters) -The dollar held firm and near recent peaks on Tuesday, on the eve of an expected interest rate cut in the United States, as traders have ratcheted long-term…
Gold prices tread water before central bank barrage
Investing.com– Gold prices moved little in Asian trade on Tuesday as investors remained wary towards metal markets before a string of key central bank meetings this week, most notably the…
Asia FX slips ahead of Fed rate decision, dollar remains near 3-week high
Investing.com– Asian currencies were largely subdued on Tuesday as markets were cautious ahead of interest rate decisions from major central banks, including the U.S. Federal Reserve. The Fed is expected…
Oil prices inch lower ahead of Fed meeting, soft Chinese economic data weighs
Investing.com– Oil prices were marginally lower in early Asian trade on Tuesday, a day after soft economic readings from China dampened sentiment, while traders were cautious ahead of a U.S.…
Oil prices in holding pattern ahead of Federal Reserve decision
By Colleen Howe BEIJING (Reuters) – Oil prices were range-bound in early Asian trading on Tuesday as investors worried about Chinese demand and awaited further market direction from a U.S.…
