General Electric (GE) is a prominent focus for investors in the dynamic world of stock trading, especially as we look towards 2024 and the following years. GE stock has experienced numerous ups and downs, resulting in profits and losses for investors. The prevailing question is: will GE stock prices climb …
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Hardly anyone believed that BoJ would repeat its magic trick of 2022. The US dollar was too strong, and the US Treasury yield was too high. However, as it turned out, the BoJ’s timing was perfect. Let’s discuss the Forex outlook and make up a trading plan for USDJPY. Weekly fundamental …
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I welcome my readers! I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency. Elliott wave Bitcoin analysis The correction continues unfolding as a triple zigzag W-X-Y-XX-Z. The actionary wave Y has been completed …
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I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil continued its short-term downtrend last week on Friday. Oil price …
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Can a single report break a trend? Fed officials say they don’t have enough data to make decisions, but one event in the markets could lead to a trend reversal. Let’s discuss this topic and make up a trading plan for EURUSD. Weekly US dollar fundamental forecast In December, investors received …
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Main scenario: consider long positions from corrections above the level of 2277.15 with a target of 2500.00 – 2560.00. Alternative scenario: breakout and consolidation below the level of 2277.15 will allow the pair to continue declining to the levels of 2154.83 – 2019.86. Analysis: a descending correction appears to have …
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Main scenario: consider long positions upon correction above the level of 150.75 with a target of 161.50 – 167.00. Alternative scenario: breakout and consolidation below the level of 150.75 will allow the pair to continue declining to the levels of 146.44 – 140.13 Analysis: an ascending wave of larger degree …
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Main scenario: consider short positions from corrections below the level of 87.45 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 87.45 will allow the asset to continue rising to the levels of 94.00 – 100.00. Analysis: supposedly, a downward correction continues developing …
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Main scenario: consider long positions from corrections above the level of 1.0600 with a target of 1.1141 – 1.1350. Alternative scenario: breakout and consolidation below the level of 1.0600 will allow the pair to continue declining to the levels of 1.0437 – 1.0218. Analysis: a bearish wave of larger degree …
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Gold will no longer be the same. It will not blindly trust the Fed and react to the evolution of the dollar and US bond yields. A regime change has become a game changer. Let’s discuss it and make a trading plan. Monthly fundamental forecast for gold Back to the …
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