Dollar Got What It Wanted. Forecast as of 01.08.2024
Investors anticipated signals regarding a federal funds rate cut in September, but not to this extent. Even Jerome Powell’s references to the Fed’s apolitical stance can be interpreted as a…
Economic calendar for the week 05.08.2024 – 11.08.2024
Market participants continue to evaluate the results of the Fed meeting that ended on July 31 and the dollar’s prospects in this regard. For now, it still has the potential…
Aussie May Continue to Tumble. Forecast as of 31.07.2024
The AUDUSD pair is facing challenges not only from developments in China and the US but also from Australia. The deceleration in inflationary pressure may cancel the RBA’s next cash rate…
Short-term Analysis for Oil, Gold, and EURUSD for 31.07.2024
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…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 31.07.2024
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: Highlights and key points BTCUSD: an ascending…
US Dollar Awaits Guidance from Fed. Forecast as of 31.07.2024
No matter how much pain the European economy is experiencing and how much global risk appetite is deteriorating, the approaching start of the Fed’s monetary expansion is limiting the EURUSD‘s…
S&P 500 Forecast & Predictions for 2024–2025 and Beyond
Financial analysts are optimistic about the S&P 500’s future and expect growth after the recent downturn. A potential interest rate cut by the Fed also fuels this optimism. Despite geopolitical…
Franc Benefits from Trump Trade. Forecast as of 30.07.2024
The snap election in France has triggered a sell-off in the USDCHF pair. The pair’s decline is fueled by the political drama in the US, where Donald Trump may return…
15 Best Forex Trading Books for Beginners and Advanced Traders
Forex trading books are an alternative to private blogs, theoretical papers, forums, and separate articles. Books consistently and deeply reveal the essence of trading, and expert authors share their experiences.…
Short-term Analysis for Oil, Gold, and EURUSD for 30.07.2024
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…