This strategist thinks EUR/USD is going to 1.40. Here's why

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2024.10.28 2024.10.28 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.10.2024 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Highlights and key points BTCUSD: The price is expected to rise in correction [2] to a peak of…

The USD/JPY chart offers plenty of noteworthy insights for analysis:→ A one-month low was recorded today (marked by the arrow);→ This was followed by a sharp upward reversal, with a series of large bullish candlesticks forming on the intraday chart. Why Is USD/JPY Moving Sharply Today? The primary driver appears to be recent statements from…

Key takeaways US futures edged lower in the early Asian session: Donald Trump rejected Iran’s latest peace response, dampening hopes for a formal US-Iran agreement and keeping geopolitical risk premiums elevated. Stronger-than-expected US April jobs data: Reinforced the “higher for longer” interest rate narrative, reducing expectations for Federal Reserve rate cuts in 2026 and supporting…