Gold Drops Ballast. Forecast as of 26.07.2024
The yellow metal’s pullback looks strange amid the market’s confidence about the Fed’s upcoming rate cuts. Could gold just be dropping insecure buyers? Let’s discuss it and make a trading…
USDCHF: Elliott wave analysis and forecast for 26.07.24 – 02.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 0.9050 with a target of 0.8546 – 0.8325. A…
USDСAD: Elliott wave analysis and forecast for 26.07.24 – 02.08.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.3583 with a target of 1.4000 – 1.4200. A…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 26.07.2024
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…
Trump Wants Weak US Dollar. Forecast as of 26.07.2024
The robust US economy and elevated interest rates have prompted a surge in capital inflows, exerting downward pressure on the EURUSD exchange rate. Import tariffs and fiscal stimulus measures are…
Dow Jones Forecast & Predictions for 2024, 2025–2026, and Beyond
The Dow Jones (US30, YM) index is the Dow Jones Industrial Average or DJIA index. It reflects the average price of 30 companies’ stocks from various sectors listed on the…
Pound Rebounds from Bottom. Forecast as of 25.07.2024
The British pound’s advantages are still in place, but the recent correction in US stock indices and the Trump trade has triggered a pullback in the GBPUSD pair. It is…
US Dollar Dodges Red Wave. Forecast as of 25.07.2024
The recent shift in investor sentiment away from the Trump trade has brought data-dependent Federal Reserve policy back into focus. Should a rate cut be implemented in July if there…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 25.07.2024
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: The…
Loonie Faces Double Whammy. Forecast as of 24.07.2024
The growing prospect of Donald Trump’s victory in the US presidential election has triggered a wave of sell-offs in commodity currencies. Protectionist policies will hurt China. Meanwhile, the Bank of…
