Analyst news

• General Electric Stock Forecast & Predictions for 2024, 2025, 2026-2030 and Beyond

  07-08-2024 18:43 via litefinance.org
  
  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 or descend in the upcoming periods?It is necessary to conduct a nuanced exploration of GE's stock potential to answer this question. By employing technical analysis, we can ascertain the curren
  
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• Economic calendar for the week 12.08.2024 – 18.08.2024

  07-08-2024 15:31 via litefinance.org
  
  The aftermath of the August 5 Black Monday continues to affect investor activity. Japan's Nikkei 225 index plunged 13.47%, partly due to a sharp yen strengthening. This decline then spread to Europe and the United States.The market has reached below multi-week lows in a matter of days, reinforcing concerns about the risk of the US economy slipping into a recession.Some market experts describe the event as one of the largest market downturns in the past 40 years, hitting many investors.The u
  
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• RBA Saves Aussie from Nosediving. Forecast as of 07.08.2024

  07-08-2024 11:56 via litefinance.org
  
  Markets managed to recover from severe turbulence. Yesterday's winners have become losers and vice versa. Notably, the RBA's intention to maintain the rate at 4.35% for at least six months supported the AUDUSD pair's upward movement. Let's discuss this topic and make a trading plan.Highlights and key points Central banks react to panic in financial markets. The RBA argues that investors are wrong. The withdrawal from carry trade transactions is still ongoing. Short trades can be opened if the AU
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 07.08.2024

  07-08-2024 09:21 via litefinance.org
  
  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 continues to trade in a short-term downtrend.Highlights and key pointsUSCrude: oil is declining within a short-term downtrend. Yesterday, the price reached the first target of 72.75. The second target is the August 5 low of 71.12. XAUUSD: gold hit the fir
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2024

  07-08-2024 09:06 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Highlights and key points BTCUSD: correction [4] is expected to develop. Consider long positions from the current level with Take Profit at 57883.91. XRPUSD: the price may evolve in a bullish correction B. Consider buying from the current level with Take Profit at 0.505. ETHUSD: the price may rise in correction (4). Consider buying with Take Profit at 2583.00.Ellio
  
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• US Dollar May Gain Traction amid Market Turmoil. Forecast as of 07.08.2024

  07-08-2024 08:50 via litefinance.org
  
  The US dollar has used the current market volatility to its advantage. Market panic has eased, and the EURUSD pair is at risk of falling below 1.09 due to an absence of recession in the US and investors overestimating the extent of the Fed's monetary expansion. Let's discuss this topic and make a trading plan.Highlights and key points There is no recession in the US, and market panic has subsided. Divergence in GDP growth remains despite the slowdown in the US economy. The market is overestimati
  
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