US Dollar to Post Weakest Weekly Performance. Forecast as of 29.11.2024
The probability of a 50-basis-point cut in the ECB rate in December is declining, as is the likelihood of the federal funds rate remaining at 4.75%. Consequently, the EURUSD exchange…
All Doom and Gloom for Pound. Forecast as of 28.11.2024
The Bank of England’s sluggishness buoyed the GBPUSD pair during most of 2024. However, this bullish factor is no longer effective as the UK economy cools amid the impending trade…
Short-term Analysis for Oil, Gold, and EURUSD for 28.11.2024
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 Slides Amid Trump Trade Retreat. Forecast as of 28.11.2024
When the Trump trade retreats, the US dollar does not benefit even from robust macroeconomic data or a potential vote of no confidence in the French government. This is particularly…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.11.2024
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: Bullish momentum continues.…
Silver Rally Stalls Amid Trump’s Policies. Forecast as of 27.11.2024
The silver market remains fundamentally strong, but this is insufficient to fuel a rally in the XAGUSD. The precious metal is declining due to Donald Trump’s policies and may start a…
Economic Calendar for the Week 02.12.2024 – 08.12.2024
Despite the strong market volatility following Donald Trump’s ascension to the US presidency, the US dollar continues to dominate, with US stock indices showing positive trends. Besides, the greenback retains…
Short-term Analysis for Oil, Gold, and EURUSD for 27.11.2024
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 27.11.2024
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: Bullish momentum continues.…
US Dollar to Lose Trade War. Forecast as of 27.11.2024
The tariffs will hurt the economies of Mexico and Canada, but the US will also suffer from accelerating inflation. Donald Trump’s victory was largely driven by voter dissatisfaction with high prices.…