Short-term Analysis for Oil, Gold, and EURUSD for 08.07.2024
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…
Another Regulator Warns against Prop Firms, Calls Them Trading “Video Games”
Italy’s securities regulator, Consob, has issued a warning to investors about the risks associated with retail prop trading activities. It describes them as online trading simulations that promise profits but…
LCG’s Bahamas Entity Ceased Operations Citing FlowBank’s Bankruptcy
The Bahamas-registered entity of London Capital Group Ltd (LCG), a retail forex and contracts for differences (CFDs) broker, has ceased its operations and announced publicly that it has been impossible…
Oil slips as Gaza talks ease supply disruption woes; Hurricane Beryl in focus
By Florence Tan SINGAPORE (Reuters) -Oil prices slid on Monday after rising for four weeks, as the prospect of a ceasefire deal in Gaza eased geopolitical tensions in the Middle…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 08.07.2024
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: Key takeaways BTCUSD: Downward movement in…
Euro Closes Gap. Forecast as of 08.07.2024
The New Popular Front and Renaissance managed to keep the right-wing out of power, and Macron’s party looked better than in the first round. The EURUSD pair faced a roller…
Largest Texas ports close as Hurricane Beryl nears
By Arathy Somasekhar, Marianna Parraga and Erwin Seba HOUSTON (Reuters) -The largest ports in Texas closed operations and vessel traffic on Sunday to prepare for Tropical Storm Beryl, which was…
Hurricane Beryl intensifying as it nears Houston, warning of ‘deadly storm’
By Tyler Clifford (Reuters) – Hurricane Beryl strengthened as it neared the Texas coast on Sunday, the U.S. National Hurricane Center (NHC) said, forcing the closure of major oil ports,…
$40B Valuation Lures Revolut CEO to Sell Up to “Hundreds of Millions of Dollars” in Stake
Nik Storonsky, the founder and CEO of Revolut, is planning to sell “tens or even hundreds of millions of dollars” of his stake in the fintech in the upcoming secondary…
Gold prices dip from 1-mth high; Powell, CPI awaited for more rate cues
Investing.com– Gold prices fell slightly in Asian trade on Monday as traders awaited more cues on U.S. interest rates from a testimony by Federal Reserve Chair Jerome Powell and key…
