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Weekly US Dollar Fundamental Forecast Donald Trump’s political pledges have influenced trader sentiment, leading to a significant increase in net longs on the US dollar since 2019. The president-elect has committed to address the various challenges confronting America with considerable urgency and determination. When such statements are made, there is a perception that significant developments

The oil price is being corrected down, following the price rise last Friday. The market is approaching support (А) 86.31 – 85.98. When this support is tested, I suggest entering new purchases with a target at the high of October 20. When the indicated high is exceeded by the price, the next upside target will

Bitcoin continues to form the first actionary wave W inside a potential double zigzag as a standard zigzag [A]-[B]-[C]. The first impulse wave [A] has come to an end. Downward corrective wave [B] is currently unfolding. This wave will end around the level of 25897.50, where it will be 61.8% of the impulse [A]. Trading plan

ETHUSD is building a corrective wave [B] as a standard zigzag. Its last wave (C) is currently unfolding. Wave (C) will take the shape of a standard impulse 1-2-3-4-5, as shown in the chart. The fall will continue down to 1672.00. At this level, wave [B] will be 61.8% of the impulse [A]. In the

The Ripple market completes the construction of the actionary wave [W] as a standard zigzag (A)-(B)-(C). Shortly expect a price reversal and the beginning of the linking wave [X] formation. It will end around 0.474. At this level, wave [X] will be 38.2% of the bearish wave [W]. It is still difficult to say what corrective

Correction B is unfolding as a standard zigzag [A]-[B]-[C]. Now its final part, sub-wave [C], is under construction. Judging by the initial part, wave [C] will take the shape of a simple impulse consisting of sub-waves (1)-(2)-(3)-(4)-(5). Soon, expect the price fall and the development of sub-waves (3)-(4)-(5) approximately to 25300.00. At this level, the correction B

The euro is trading up in the short term with a target in the Gold Zone 1.1147 – 1.1137. Last week, the price corrected to support (А) 1.0985 – 1.0975, which was retained. So, quotes grew on Friday. Today, the growth continues, and traders attempt to steady above 5 May’s high. If they succeed, we’ll have