EUR/USD declined from the 1.1000 resistance and corrected gains. USD/JPY is rising and might take out the 147.80 resistance. Important Takeaways for EUR/USD and USD/JPY Analysis Today · The Euro started a fresh decline below the 1.0945 support zone. · There is a connecting bearish trend line forming with resistance at 1.0920 on the hourly…
2024.08.09 2024.08.09 WTI Crude Oil: Elliott wave analysis and forecast for 09.08.24 – 16.08.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Highlights and key points Main scenario: once a correction forms, consider short positions below the level of 79.40 with a bearish target of 70.50 – 67.60. A sell signal: after the price returns…
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Back in 1969 when my buddies and I were still vibing to The Beatles’ Hey Jude, management trainer, Martin Broadwell, talked about the “four levels of teaching” to describe the work that needs to be done to learn a skill. Broadwell discussed teaching, but his ideas about competence levels became popular in psychology and self-development…
Key events Show key events only Please turn on JavaScript to use this feature Athletics: There’s still hope that Katerina Johnson-Thompson can sneak gold in the Heptathlon. It’ll take an incredible run in the 800 metres later this evening to topple Belgian’s Nafi Thiam. Alexandra Topping has been crunching the numbers: Katarina Johnson-Thompson has a…
2024.08.09 2024.08.09 USDJPY: Elliott wave analysis and forecast for 09.08.24 – 16.08.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 141.66 with a growth target of 165.00 – 170.00. A buy signal: after the price returns above 141.66. Stop Loss:…
During this morning’s Asian session, AUDUSD rose to the 0.66054 level, forming a new weekly high there. Thursday was very positive for AUDNZD as we saw bullish consolidation from 1.08700 to 1.09800. AUDUSD chart analysis During this morning’s Asian session, AUDUSD rose to the 0.66054 level, forming a new weekly high there. After that,…
What’s Up (or Down) With Cable trends? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
Despite a stronger US Dollar yesterday, gold’s upward trend continued, bolstered by the rate cut narrative. The technical outlook for gold indicates further upside potential, with prices possibly reaching between 2440 and 2450 during the US session. The longer-term outlook is supportive of gold prices as geopolitics, ETF flows and Central Bank Buying remain in…
2024.08.09 2024.08.09 GBPUSD: Elliott wave analysis and forecast for 09.08.24 – 16.08.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2660 with a growth target of 1.3250 – 1.3740. A buy signal: after the price returns above 1.2660. Stop Loss:…