2024.09.10 2024.09.10 Short-term Analysis for Oil, Gold, and EURUSD for 10.09.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ 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. Oil is maintaining…
Gold price edges lower as USD benefits from reduced expectations of a 50 bps Fed rate cut. The downside remains limited as traders look to US inflation numbers for a fresh impetus. The technical setup supports prospects for a breakout through a short-term trading range. Gold price (XAU/USD) struggles to capitalize on the previous day’s…
EURUSD: The Euro-dollar pair has recovered a few pips from the weekly low around 1.1030-1.1025 reached in Tuesday’s Asian session and for the moment seems to have broken a two-day losing streak. Nevertheless, significant appreciation still seems elusive amid some follow-through buying in the US Dollar (USD). Investors have lowered expectations for a larger, 50…
USD is having trouble extending its upswing above a key resistance area. Will the pair extend its months-long downtrend? Or will this week’s events force an upside breakout for the dollar? USD/CHF 4-hour Forex Chart by TradingView As you can see, USD/CHF found support from the .8400 psychological handle and is currently near a potential…
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Tuesday is the day water bills will start servicing debt and paying shareholders rather than fixing leaks and ending the sewage scandal, campaigners have said, dubbing it “cost of water privatisation day”. The public services campaign group We Own It has shared analysis from the University of Greenwich that reveals roughly 31% of money collected…
Investing.com– Most Asian currencies moved little on Tuesday, while the dollar crept higher in anticipation of key inflation data that is likely to factor into the outlook for U.S. interest rates. Most regional currencies were nursing some losses over the past week as risk appetite was battered by concerns over worsening global economic conditions. But…
Bitcoin is in a “seasonal slog” that may not show signs of clear direction until the November US presidential election, NYDIG says. Read Full Story The post Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG appeared first on ForexTV. Source link
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