Dollar edges higher; labor market data to the fore

So, you’re here wondering if therapy for relationship problems is worth it or if you should just throw in the towel and break up. First of all, welcome. You’re not alone in this confusion. Relationships are complicated, beautiful, stressful, and sometimes downright exhausting. And when things start to feel heavy, you’re faced with the big…

After successful activity from sellers, which led to a new low, buyers responded, quickly regaining half of their lost positions. This is likely the limit of the euro’s strength, as this rebound is seen as a correction in an emerging downward cycle driven by the development of wave 3 of a bearish impulse.Today, the price…

Precious Metals are still under severe demand despite better looking EU-US Tensions Platinum is breaking its record highs by the session, following its Gold and Silver peers Exploring Multi-timeframe Technical Levels for XPT/USD as it heads to $3,000 Even with EU-US tensions subsiding, the metals complex remains white-hot, tearing through fresh record highs by the…

2024.09.27 2024.09.27 WTI Crude Oil: Elliott wave analysis and forecast for 27.09.24 – 04.10.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Highlights and key points Main scenario: consider short positions on corrections below the level of 72.13 with a target of 61.50 – 53.60. A sell signal: if the price holds below 72.13. Stop…

Strategy: 3/12 Tunnel The 3/12 Tunnel is a trend-following strategy. This straight forward approach utilizes 3 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be…