Archive by tag: forex movementsReturn
Commodity Market Insights: Crypto Trends, Forex Movements, and Metals Analysis for Strategic Trading
31Jan

Commodity Market Insights: Crypto Trends, Forex Movements, and Metals Analysis for Strategic Trading

PeterM | 31 Jan, 2024 | strategic trading, crypto trends, forex movements, metals analysis, Elliott wave analysis, long positions, corrective retracement, USD DXY, precious metals, base metals, trade setups, BHP, RIO, FMG, VALE, Bitcoin, DOT, XRP, CAD, CHF, AUD, silver, gold, copper, Iron Ore, Uranium | Commodities | 0 Comments |
Summary: Bitcoin, DOT, and XRP show upward trends in the crypto market, prompting consideration of long positions in the Elliott wave abc corrective retracement. In the Forex market, USD DXY maintains a high position, while CAD and CHF hint at potential downsides. Precious Metals indicate a bullish trend for silver and strategic entry points during retracement for gold. Base Metals, including copper and Iron Ore, suggest upward impulses and corrective patterns, with a focus on identifying long t...
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