Analyst news

• XAUUSD: Elliott wave analysis and forecast for 30.08.24 – 06.09.24

  30-08-2024 14:05 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 2471.10 with a growth target of 2600.00 – 2700.00. A buy signal: if the price remains above 2471.10. Stop Loss: below 2440.00, Take Profit: 2600.00 – 2700.00. Alternative scenario: breakout and consolidation below the level of 2471.10 will allow the pair to continue declining to the levels of 2292.30 – 2161.56. A sell signal: after the level of 2471.10 is broken to the downside.
  
  Read more

• IBM Stock Forecast & Price Prediction for 2024, 2025-2026 and Beyond

  30-08-2024 13:51 via litefinance.org
  
  International Business Machines Corporation or IBM is a global leader in the development of hardware and software, as well as a provider of consulting and IT services. The company has a market capitalization exceeding $180 billion.The second-quarter report revealed a notable rise in IBM's gross profit, reaching $8.95 billion compared to the previous quarter's $7.74 billion. As a result, the IBM stock posted significant gains. Analysts anticipate that the stock will continue to appreciate over th
  
  Read more

• WTI Crude Oil: Elliott wave analysis and forecast for 30.08.24 – 06.09.24

  30-08-2024 13:35 via litefinance.org
  
  Highlights and key points Main scenario: once a correction forms, consider short positions below the level of 83.94 with a bearish target of 63.50 – 53.60. A sell signal: after the price returns below 83.94. Stop Loss: above 85.50, Take Profit: 63.50 – 53.60. Alternative scenario: breakout and consolidation above the level of 83.94 will allow the asset to continue rising to the levels of 89.53 – 94.10. A buy signal: after the level of 83.94 is broken to the upside. Stop Loss: b
  
  Read more

• USDJPY: Elliott wave analysis and forecast for 30.08.24 – 06.09.24

  30-08-2024 13:05 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 141.66 with a growth target of 165.00 – 170.00. A buy signal: after the price returns above 141.66. Stop Loss: below 140.50, Take Profit: 165.00 – 170.00. Alternative scenario: breakout and consolidation below the level of 141.66 will allow the pair to continue declining to the levels of 129.34 – 121.00. A sell signal: after the level of 141.66 is broken to the downside. Stop Lo
  
  Read more

• Advertisement

• GBPUSD: Elliott wave analysis and forecast for 30.08.24 – 06.09.24

  30-08-2024 12:35 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2960 with a growth target of 1.3500 – 1.3740. A buy signal: if the price holds above 1.2960. Stop Loss: below 1.2900, Take Profit: 1.3500 – 1.3740. Alternative scenario: breakout and consolidation below the level of 1.2960 will allow the pair to continue declining to the levels of 1.2648 – 1.2478. A sell signal: once the level of 1.2960 is broken to the downside. Stop Loss: ab
  
  Read more

• EURUSD: Elliott wave analysis and forecast for 30.08.24 – 06.09.24

  30-08-2024 12:05 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 1.0950 with a growth target of 1.1300 – 1.1500. A buy signal: after the price consolidates above 1.0950. Stop Loss: below 1.0920, Take Profit: 1.1300 – 1.1500. Alternative scenario: breakout and consolidation below the level of 1.0950 will allow the pair to continue declining to the levels of 1.0773 – 1.0662. A sell signal: after the level of 1.0950 is broken to the downside. St
  
  Read more

• Will the Pound Lose Ground? Forecast as of 30.08.2024

  30-08-2024 11:59 via litefinance.org
  
  The British pound sterling has grown against the US dollar to its highest in 2.5 years, strengthening its leadership in the G10 currency race. Still, are the GBPUSD bulls feeling that good? Let’s discuss it and make a trading plan.Highlights and key points Renewed carry trade supports the pound sterling. Things might worsen before they get better in the UK.  BoE will have to cut rates faster than markets expect. GBPUSD's failure to hold above 1.316 is a reason for selling.Weekly funda
  
  Read more

• USDCHF: Elliott wave analysis and for 30.08.24 – 06.09.24

  30-08-2024 11:35 via litefinance.org
  
  Highlights and key points Main scenario: once a correction forms, consider short positions below the level of 0.8750 with a bearish target of 0.8200 – 0.8000. A sell signal: after the price returns below 0.8750. Stop Loss: above 0.8780, Take Profit: 0.8200 – 0.8000. Alternative scenario: breakout and consolidation above the level of 0.8750 will allow the pair to continue rising to the levels of 0.9044 – 0.9226. A buy signal: after the level of 0.8750 is broken to the upside. St
  
  Read more

• Advertisement

• USDСAD: Elliott wave analysis and forecast for 30.08.24 – 06.09.24

  30-08-2024 11:04 via litefinance.org
  
  Highlights and key points Main scenario: consider short positions with a target of 1.3192 – 1.2981. A sell signal: after the correction ends below 1.3950. Stop Loss: 1.3950, Take Profit: 1.3192 – 1.2981. Alternative scenario: breakout and consolidation above the level of 1.3950 will allow the pair to continue rising to the levels of 1.4200 – 1.4350. A buy signal: once the level of 1.3950 is broken to the upside. Stop Loss: below 1.3920, Take Profit: 1.4200 – 1.4350.Main s
  
  Read more

• Short-term Analysis for Oil, Gold, and EURUSD for 30.08.2024

  30-08-2024 09:49 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.Gold is trying to break through the upper Target Zone.Highlights and key pointsUSCrude: oil started an upward correction after reaching its first bearish target near the 74.07 level. Now, the price is approaching the trend's boundary of 76.79 - 76.30 again. X
  
  Read more

• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.08.2024

  30-08-2024 09:21 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: expect growth in correction [2] to 61,406.67 and consider a long position. XRPUSD: a descending impulse is developing at the moment, with wave [1] completed as its part. The price is currently growing in correction [2] to 0.596. Long positions could be opened. ETHUSD: an ascending corrective wave 2 is unfolding and will probably en
  
  Read more

• US Dollar Returns Its Crown. Forecast as of 30.08.2024

  30-08-2024 08:24 via litefinance.org
  
  The retreat of the Trump trade was a contributing factor to the EURUSD rally in August. However, it was employed prematurely. The optimal time to make trading decisions amid the upcoming US presidential election will be in September. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points The US economy accelerated in the second quarter to 3%. German inflation fell below 2% for the first time since 2021. Trading on the back of the US presidential election w
  
  Read more

Follow @news_analyst on Twitter!