USD/JPY: Elliott wave analysis and forecast for 12.07.24 – 19.07.24
The article covers the following subjects: Key takeaways Main scenario: consider long positions above the level of 154.50 with a target of 165.00 – 170.00 once a correction has formed.…
GBP/USD: Elliott wave analysis and forecast for 12.07.24 – 19.07.24
The article covers the following subjects: Key takeaways Main scenario: consider long positions from corrections above the level of 1.2610 with a target of 1.3145 – 1.3740. A buy signal:…
EUR/USD: Elliott wave analysis and forecast for 12.07.24 – 19.07.24
The article covers the following subjects: Key takeaways Main scenario: consider long positions from corrections above the level of 1.0665 with a target of 1.1141 – 1.1273. A buy signal:…
BoJ Remains Silent on Intervention. Forecast as of 12.07.2024
Despite government officials’ denials, the sharp plunge in USDJPY quotes indicates Japan’s intervention in the Forex market. This time, the intervention was timed to coincide with the release of US…
USD/СAD: Elliott wave analysis and forecast for 12.07.24 – 19.07.24
The article covers the following subjects: Key takeaways Main scenario: consider short positions from corrections below the level of 1.3755 with a target of 1.3352 – 1.3166. A sell signal:…
Short-term Analysis for Oil, Gold, and EURUSD for 12.07.2024
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…
US Dollar Slumps as CPI Cools. Forecast as of 12.07.2024
US inflation declined on a month-on-month basis for the first time since the pandemic, providing further evidence that the economy is cooling. This factor is forcing the Fed to cut…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 12.07.2024
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: A descending wave…
Pound Bathes in Applause. Forecast as of 11.07.2024
The UK does not experience political turbulence as France and the US, allowing the pound to soar to its 2-year high against the euro and a yearly high against the…
Qtum Price Forecast & Predictions for 2024, 2025-2026 and Beyond
Qtum is a hybrid blockchain system designed to handle business applications developed for different business domains. Qtum merges the reliability of Bitcoin’s unfailing blockchain with the adaptability of Ethereum’s smart…
