2024.03.22 2024.03.22 XAUUSD: Elliott wave analysis and forecast for 22.03.24 – 29.03.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 2145.48 with a target of 2250.00 – 2350.50. Alternative scenario: breakout and consolidation below the level of 2145.48 will allow the pair to continue declining to the levels of 2078.95… ادامه خواندن XAUUSD: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

The euro rallied after the latest economic projections from the Fed. With inflation slowly heading to the 2% target, interest rates were unchanged for the fifth consecutive time. The panel also said it expects three 75-basis point cuts by the end of the year. However, some analysts are unconvinced, with the prediction that interest rates… ادامه خواندن The Week Ahead – Sentiment Shifts Again

2024.03.22 2024.03.22 WTI Crude Oil: Elliott wave analysis and forecast for 22.03.24 – 29.03.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 76.80 with a target of 84.65 – 88.55. Alternative scenario: breakout and consolidation below the level of 76.80 will allow the asset to continue declining to the levels… ادامه خواندن WTI Crude Oil: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

© Reuters Investing.com – The U.S. dollar rose sharply in European trade Friday, after the surprise cut by the Swiss National Bank cast the Federal Reserve in a more hawkish light. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.4% higher at 104.085,… ادامه خواندن Dollar soars with U.S. economy on solid ground; sterling slumps By Investing.com

GBPUSD – Economic Data Continues to Improve Sentiment Towards The Dollar! Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the… ادامه خواندن Pending Orders and Apple Lawsuit Apply Selling Pressure on the NASDAQ!

Use our new Currency Heat Map to quickly see a visual overview of the forex market’s price action!  ️ Philadelphia Fed Manufacturing Index for March: 3.2 (-2.6 forecast, 5.2 previous); “Firms continued to report a decline in employment“; “Current price indexes suggest overall but less widespread increases in prices” U.K.’s GfK consumer confidence steadied at -21… ادامه خواندن Daily Forex News and Watchlist: CAD/CHF

The Japanese Yen edges higher following the release of Japanese consumer inflation data. The uncertainty over the BoJ’s future policy steps keeps a lid on any further positive moves. A modest US Dollar downtick exerts some pressure, though the downside remains limited. The Japanese Yen (JPY) witnessed a dramatic intraday turnaround on Thursday and dived… ادامه خواندن Japanese Yen languishes near YTD low against USD, seems vulnerable to slide further

Most Read: Fed Sticks to Dovish Policy Roadmap; Setups on Gold, EUR/USD, Nasdaq 100 Too often, traders get caught up in the herd mentality, buying when prices are rising rapidly and selling in a panic when the market takes a turn to the downside. Contrarian indicators, like IG client sentiment, offer a different perspective. By… ادامه خواندن US Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF

The Australian Dollar on the other hand has performed considerably well this week and has even risen to an all time high against some currencies. The hawkishness of the RBA and the latest employment data supports the Australian Dollar. Australia’s Employment Change saw 116,500 more employed individuals within the economy in the latest month. This… ادامه خواندن Gold Pulls Back from All-Time Highs, But What is the Longer Term Outlook?