Main scenario: consider long positions from corrections above the level of 1.3477 with a target of 1.4100 – 1.4300. Alternative scenario: breakout and consolidation below the level of 1.3477 will allow the pair to continue declining to the levels of 1.3282 – 1.3092. Analysis: the bullish first wave of larger degree (1) is presumably developing [&he
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USD to put markets in place. Forecast as of 08.12.2023
The markets' rejection of the US dollar in November was too fast. All because of greed, which does not lead to good. Will the Fed punish markets for their overconfidence? Let's discuss this topic and make up a trading plan for EURUSD. Weekly US dollar fundamental forecast Monetary policy depends on data, but Fed officials still […]
Short-term analysis for oil, gold, and EURUSD for 08.12.2023
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 market analysis, I suggest entry signals for intraday traders. The EURUSD traders were trying to break out the Target Zone. Oil price forecast for today: […]
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.12.2023
I welcome my readers! I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency. Elliott wave Bitcoin analysis Bitcoin is forming an impulse wave [5], which began unfolding after the completion of the triangle pattern. Within the impul
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VR Draw MT4 Indicator
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