The uptrend in the US dollar against the Japanese yen looks so strong that hedge funds and insurance companies do not believe it will reverse. They say that the Bank of Japan will not raise interest rates when others cut borrowing costs. Let us discuss the Forex outlook and make up a USDJPY trading plan. […]
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Short-term analysis for oil, gold, and EURUSD for 04.12.2023
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 gold price has broken out the Gold Zone 2079 – 2075 today. Oil price forecast for […]
Fed will not help USD. Forecast as of 04.12.2023
USD bulls were seriously counting on Jerome Powell's speech, which was supposed to cool buyers in the US stock market and weaken global risk appetite. However, this did not happen. Let's discuss this topic and make up a trading plan for EURUSD. Weekly US dollar fundamental forecast Jerome Powell could not say anything in response to [&hel
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 04.12.2023
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 Within the actionary wave (Z), Bitcoin continues to build a large impulse wave C, consisting of sub-waves [1]-[2]-[3]-[4]-[5
RSI Trend Catcher Signal MT4 Indicator
<p>In the dynamic world of trading, every tool at your disposal can make a significant difference. One such tool that has garnered attention in recent years is the RSI Trend Catcher Signal MT4 Indicator. This article aims to provide you with a comprehensive understanding of this indicator, its functionality, and how to incorporate it into [&h
Brilliant Reversal MT4 Indicator
<p>In the fast-paced world of financial markets, staying ahead of the curve is essential for traders and investors alike. This article delves into the fascinating realm of the Brilliant Reversal MT4 Indicator, a tool that has been making waves in the trading community for its remarkable ability to predict market reversals accurately. We’
US Dollar steadies on increasing safe-haven bids
The US Dollar (USD) broadly steadies on the European Monday morning in a risk-averse market mood, driven by increasing tensions in the Middle East after Yemen’s Houthi rebels hit three commercial ships in the Red Sea on Sunday and a US warship responded by shooting down three drones.
USD/CNH: Next support emerges at 7.1100 – UOB
A breach of 7.1100 could prompt USD/CNH to accelerate its losses to the 7.0600 region in the near term, comment Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group.
GBP/USD moves sideways below 1.2700 against a somewhat firmer Dollar
The Pound trades sideways after failing to break 1.2730. Traders are cautious ahead of a string of key US data this week.
Natural Gas price looks set for rebound as frost grips Europe
Natural Gas (XNG/USD) prices could be turning around soon as the current drop in temperatures across Europe is suddenly eating into the Gas reserves.