16 November 2022 | Other

Republicans are one step away from winning the House of Representatives in the U.S. midterm elections

Republicans failed to win a majority of seats in the U.S. House of Representatives. They were just one seat short of winning the House of Representatives. After President Joe Biden's Democrats continue control of the Senate, there will be a two-year split in government because of the midterm victory.

The final result is not known yet. Thousands of votes are still being counted in several states, including California. Edison Research forecasts show that Democrats won 209 seats and Republicans won 217. For a majority, it would require 218 seats.

On November 8, Republicans were predicting a "red wave" of growth. Their expectations heavily fall behind a victory with a small advantage.

A split in Congress would have the effect of limiting Biden's power in Washington and making it difficult to advance his initiatives.

Company MarketCheese
Period: 01.12.2025 Expectation: 1800 pips
Silver slides despite technical signals
Today at 10:34 AM 23
Gold sell
Period: 05.12.2025 Expectation: 20000 pips
Exiting triangle may send gold down to support at $3.930
Today at 09:22 AM 50
Period: 28.11.2025 Expectation: 1300 pips
S&P 500 stages recovery amid lingering market doubts
Today at 09:19 AM 17
Period: 28.11.2025 Expectation: 540 pips
AUDCAD shows signs of recovery as Canadian dollar experiences pressure
21 November 2025 58
Period: 05.12.2025 Expectation: 1500 pips
GBPUSD has room to drop further
21 November 2025 66
Brent sell
Period: 28.11.2025 Expectation: 120 pips
Defusing geopolitical tensions weighing on Brent prices
21 November 2025 52
Go to forecasts