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Euro: don’t believe everything you see. Forecast as of 03.02.2023

No matter how much Christine Lagarde tried to convince investors of the ECB’s determination, the markets did not listen to her much. They drew attention to the accompanying statement, which caused a EURUSD correction. Let’s discuss this topic and make up a trading plan. Weekly Euro fundamental forecast Markets have stopped believing central banks. After the February meetings …

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Oil price forecast for today: USCrude analysis 03.02.2023

The oil short-term trend turned down yesterday. The price broke out the trend key support 77.42 – 76.89. Now, the downside target is the lower Target Zone 72.17 – 71.12. It is relevant to sell on the correction when the price reaches resistance (A) 78.99 – 78.64 or resistance (В) 80.92 – 80.39. To enter a sell trade, one should …

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Elliott wave Ethereum analysis 03.02.2023

Ethereum is building impulse C, within which a sub-wave [3] is unfolding. Sub-waves (1)-(2)-(3)-(4) have been completed within wave [3]. Correction (4) has a horizontal internal structure and serves as a double three. Shortly, expect growth in the final sub-wave (5), which may rise to the level of 1872.00. A possible price movement is shown in the chart. Trading plan …

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