<p dir="ltr">South Korean lawmakers have conducted crypto transactions totaling over 125.6 billion won ($97.6 million) over the past three years, according to the data revealed by the country's Anti-Corruption and Civil Rights Commission today (Friday). </p><p dir="ltr">Inspection against Lawmakers</p&g
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India to Block Websites of Binance, Kraken, and 7 Other Crypto Exchanges
<p dir="ltr">The Indian government has issued show cause notice to nine popular offshore virtual digital assets service providers under the local anti-money laundering laws. The announcement yesterday (Thursday) further detailed that the Financial Intelligence Unit (FIU) ordered to blacklist the domains of the nine crypto exchanges
XAUUSD: Elliott wave analysis and forecast for 29.12.23 – 05.01.24
Main scenario: consider long positions from corrections above the level of 2014.46 with a target of 2220.00 – 2300.00. Alternative scenario: breakout and consolidation below the level of 2014.46 will allow the pair to continue declining to the levels of 1954.80 – 1889.05. Analysis: a descending correction appears to have formed as the fourth wave [
WTI Crude Oil: Elliott wave analysis and forecast for 29.12.23 – 05.01.24
Main scenario: consider long positions from corrections above the level of 67.90 with a target of 81.80 – 85.15. Alternative scenario: breakout and consolidation below the level of 67.90 will allow the asset to continue declining to the levels of 55.00 – 45.00. Analysis: a downside correction presumably continues developing as second wave of larger
USDJPY: Elliott wave analysis and forecast for 29.12.23 – 05.01.24
Main scenario: consider short positions from corrections below the level of 144.87 with a target of 136.50 – 127.32. Alternative scenario: breakout and consolidation above the level of 144.87 will allow the pair to continue rising to the levels of 147.34 – 149.00. Analysis: an ascending wave of larger degree C continues forming on the […]
GBPUSD: Elliott wave analysis and forecast for 29.12.23 – 05.01.24
Main scenario: consider long positions from corrections above the level of 1.2610 with a target of 1.3000 – 1.3147. Alternative scenario: breakout and consolidation below the level of 1.2610 will allow the pair to continue declining to the levels of 1.2490 – 1.2300. Analysis: the first wave of larger degree (1) is presumably formed on […]
Gold moved to a new level. Forecast as of 29.12.2023
Not only did gold grow for the first time in three years in 2023, adding 14% to its value, but it moved to a new level. The precious metal is trading above $2,000, and there's no reason to return to previous levels. Let's discuss it and make a trading plan. Monthly fundamental forecast for gold […]
EURUSD: Elliott wave analysis and forecast for 29.12.23 – 05.01.24
Main scenario: consider long positions from corrections above the level of 1.0990 with a target of 1.1200 – 1.1274. Alternative scenario: breakout and consolidation below the level of 1.0990 will allow the pair to continue declining to the levels of 1.0877 – 1.0723. Analysis: a bearish wave of larger degree A is presumably completed on […]
USDCHF: Elliott wave analysis and forecast for 29.12.23 – 05.01.24
Main scenario: consider short positions from corrections below the level of 0.8509 with a target of 0.8200 – 0.8050 once a correction is completed. Alternative scenario: breakout and consolidation above the level of 0.8509 will allow the pair to continue rising to the levels of 0.8715 – 0.8805. Analysis: the downside fifth wave of larger […
USDCAD: Elliott wave analysis and forecast for 29.12.23 – 05.01.24
Main scenario: consider short positions below the level of 1.3409 with a target of 1.2977 – 1.2753 after correction. Alternative scenario: breakout and consolidation above the level of 1.3409 will allow the pair to continue rising to the levels of 1.3616 – 1.3773. Analysis: the bullish first wave of larger degree (1) is presumably formed […