Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.09.2024
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: expect a…
Weak Data Cast Shadows on US Dollar. Forecast as of 05.09.2024
A recent batch of reports on the US economy has prompted renewed speculation about the possibility of an impending recession. Investors are calling on the Fed to take decisive action…
What Is Intrinsic Value?
Intrinsic value acts as a crucial gauge for the genuine worth of assets, distinct from their market pricing. This principle helps traders to evaluate an asset’s fundamental value through extensive…
Loonie’s Strong Rally May Reverse. Forecast as of 04.09.2024
A capital spillover from the US dollar to its Canadian counterpart amid a decelerating US economy and expectations of the Fed’s monetary expansion dragged USDCAD quotes down. However, the loonie…
Short-term Analysis for Oil, Gold, and EURUSD for 04.09.2024
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…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 04.09.2024
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: expect a…
US Economy’s Soft Landing Under Threat. Forecast as of 04.09.2024
The US Federal Reserve will take all necessary steps to support the labor market. Therefore, an aggressive reduction in the federal funds rate is still possible. The outcome will be…
Economic calendar for the week 09.09.2024 – 15.09.2024
Market participants are anticipating fresh macro statistics after the publication of US PMI and labor market data last week, 02.09.2024 – 08.09.2024. This data will help make more accurate predictions for the…
Gold Poised to Face Correction. Forecast as of 03.09.2024
Gold bulls are waiting for a reason to lock in profits on their long positions. They see a strong US dollar and seasonal influences on the gold price as a…
Short-term Analysis for Oil, Gold, and EURUSD for 03.09.2024
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…
