XAUUSD: Elliott wave analysis and forecast for 29.12.23 – 05.01.24

2023.12.29 2023.12.29 XAUUSD: Elliott wave analysis and forecast for 29.12.23 – 05.01.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 2014.46 with a target of 2220.00 – 2300.00. Alternative scenario: breakout and consolidation below the level of 2014.46 will allow the pair to continue declining to the levels of 1954.80… ادامه خواندن XAUUSD: Elliott wave analysis and forecast for 29.12.23 – 05.01.24

Dow Jones Industrial Average Forecast 2024 – DJIA Technical Analysis

On 27 December 2023, we examined the famous Dow Jones stock index, exploring the factors influencing its dynamics and assessing the scale of its growth in 2023. We performed a technical analysis of the Dow Jones chart and reviewed analysts’ forecasts regarding its prospects for quotes in 2024. Comprehensive overview of the Dow Jones index… ادامه خواندن Dow Jones Industrial Average Forecast 2024 – DJIA Technical Analysis

WTI Crude Oil: Elliott wave analysis and forecast for 29.12.23 – 05.01.24

2023.12.29 2023.12.29 WTI Crude Oil: Elliott wave analysis and forecast for 29.12.23 – 05.01.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 67.90 with a target of 81.80 – 85.15. Alternative scenario: breakout and consolidation below the level of 67.90 will allow the asset to continue declining to the levels… ادامه خواندن WTI Crude Oil: Elliott wave analysis and forecast for 29.12.23 – 05.01.24

Forex in an Extraordinary Election Year

As if there weren’t enough on the economic calendar to keep Forex traders busy, politics is expected to make a notable intrusion next year. Since governments control fiscal policy, it’s not a surprise that who wins an election can impact how forex markets react. But 2024 is shaping up to be something extraordinary. Not just… ادامه خواندن Forex in an Extraordinary Election Year

Daily Forex News and Watchlist: EUR/USD

U.S. Chicago PMI at 2:45 pm GMT Use our new Currency Heat Map to quickly see a visual overview of the forex market’s price action!  ️ Check out these near-term inflection points! A move above the area of interest, however, could pave the way for a test of the upside barriers at R1 (1.1120) then R2… ادامه خواندن Daily Forex News and Watchlist: EUR/USD

Technical Analysis & Forecast December 29, 2023 – R Blog

GBP/USD has wrapped up a decline wave at 1.2712, with a correction to 1.2773 expected today. Once the correction concludes, a decline to 1.2710 is anticipated. Breaking this level could open the potential for a decline to 1.2648, marking a local target. USD/JPY (US Dollar vs Japanese Yen) USD/JPY (US Dollar vs Japanese Yen)

EUR/USD Achieves Stability: Overview for December 29, 2023 – R Blog

The EUR/USD pair has settled down after experiencing increased volatility. The primary currency pair saw a decline on Friday. The current exchange rate for EUR/USD is at 1.1062. In a market with thin and low liquidity, such as the current one, abrupt price swings are possible. The predictability of the situation is expected to improve… ادامه خواندن EUR/USD Achieves Stability: Overview for December 29, 2023 – R Blog

GBPJPY H4 | Bouncing off 23.6% Fibonacci Level

Alternative scenario:The price could pullback and reverse to the 1st support at 178.667, the swing-low support level. TitleGBPJPY H4 | Bouncing off 23.6% Fibonacci Level High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% and 72% of retail investor accounts lose money when… ادامه خواندن GBPJPY H4 | Bouncing off 23.6% Fibonacci Level