LiteFinance

13 Dec 2024 15:48

XAU/USD: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

Major Takeaways


Main scenario: Consider short positions from corrections below the level of 2794.34 with a target of 2418.82 – 2304.21. A sell signal: if the price holds below 2794.34. Stop Loss: above 2800, Take Profit: 2418.82 – 2304.21.
Alternative scenario: Breakout and consolidation above the level of 2794.34 will allow the asset to continue rising to the levels of 2880.00 – 3000.00. A buy signal: the level of 2794.34 is broken to the upside. Stop Loss: below 2785.00, Take Profit: 2880.00 – 3000.00.


Main Scenario

Consider short positions from corrections below the level of 2794.34 with a target of... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/gold-price-prediction-forecast/xauusd-elliott-wave-analysis-and-forecast-for-131224-201224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 13:47

XAU/USD: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

Major Takeaways


Main scenario: Consider short positions from corrections below the level of 2794.34 with a target of 2418.82 – 2304.21. A sell signal: if the price holds below 2794.34. Stop Loss: above 2800, Take Profit: 2418.82 – 2304.21.
Alternative scenario: Breakout and consolidation above the level of 2794.34 will allow the asset to continue rising to the levels of 2880.00 – 3000.00. A buy signal: the level of 2794.34 is broken to the upside. Stop Loss: below 2785.00, Take Profit: 2880.00 – 3000.00.


Main Scenario

Consider short positions from corrections below the level of 2794.34 with a target of... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/xauusd-elliott-wave-analysis-and-forecast-for-131224-201224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 12:57

USD/JPY: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

Major Takeaways


Main scenario: After the correction ends, consider short positions below the level of 153.70 with a target of 141.65 – 138.08. A sell signal: the price holds below 153.70. Stop Loss: above 154.00, Take Profit: 141.65 – 138.08.
Alternative scenario: Breakout and consolidation above the level of 153.70 will allow the pair to continue rising to the levels of 154.85 – 156.80. A buy signal: the level of 153.70 is broken to the upside. Stop Loss: below 153.40, Take Profit: 154.85 – 156.80.


Main Scenario

Consider short positions below the level of 153.70 with a target of 141.65... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/usdjpy-elliott-wave-analysis-and-forecast-for-131224-201224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 12:19

GBP/USD: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

Major Takeaways


Main scenario: Consider short positions from corrections below the level of 1.2800 with a target of 1.2240 – 1.1900. A sell signal: the price holds below 1.2800. Stop Loss: above 1.2830, Take Profit: 1.2240 – 1.1900.
Alternative scenario: Breakout and consolidation above the level of 1.2800 will allow the pair to continue rising to the levels of 1.3054 – 1.3440. A buy signal: the level of 1.2800 is broken to the upside. Stop Loss: below 1.2770, Take Profit: 1.3054 – 1.3440.


Main Scenario

Consider short positions from corrections below the level of 1.2800 with a target of 1.2240... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/gbpusd-elliott-wave-analysis-and-forecast-for-131224-201224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 11:32

USD/CHF: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

Major Takeaways


Main scenario: After the correction ends, consider short positions below the level of 0.9023 with a target of 0.8586 – 0.8386. A sell signal: the price holds below 0.9023. Stop Loss: above 0.9050, Take Profit: 0.8586 – 0.8386.
Alternative scenario: Breakout and consolidation above the level of 0.9023 will allow the pair to continue rising to the levels of 0.9222 – 0.9444. A buy signal: the level of 0.9023 is broken to the upside. Stop Loss: below 0.8990, Take Profit: 0.9222 – 0.9444.


Main Scenario

Consider short positions below the level of 0.9023 with a target of 0.8586... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/usdchf-elliott-wave-analysis-and-forecast-for-131224-201224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 11:01

USD/СAD: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

Major Takeaways


Main scenario: Consider long positions from corrections above the level of 1.4112 with a target of 1.4300 – 1.4500. A buy signal: the price holds above 1.4112. Stop Loss: below 1.4080, Take Profit: 1.4300 – 1.4500.
Alternative scenario: Breakout and consolidation below the level of 1.4112 will allow the pair to continue declining to the levels of 1.3970 – 1.3800. A sell signal: the level of 1.4112 is broken to the downside. Stop Loss: above 1.4140, Take Profit: 1.3970 – 1.3800.


Main Scenario

Consider long positions from corrections above the level of 1.4112 with a target of 1.4300... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/usdsad-elliott-wave-analysis-and-forecast-for-131224-201224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 09:22

Short-term Analysis for Oil, Gold, and EURUSD for 13.12.2024

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 declining during a correction within the short-term uptrend.



Major Takeaways



USCrude: oil is trading in a range.


XAUUSD: gold is correcting downward with a target at the support (A) 2668 - 2662.


EURUSD: the euro is piercing the short-term uptrend's key support 1.0491 - 1.0478.



Oil Price Forecast for Today: USCrude Analysis

Oil continues to trade in a range.... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/short-term-analysis-for-oil-gold-and-eurusd-for-13122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 08:05

ECB Decision Bruises Euro. Forecast as of 13.12.2024

In addition to reducing interest rates, the European Central Bank has indicated that it plans to maintain this course of action at upcoming meetings. In contrast, investors anticipate that the US Federal Reserve will pause its rate hikes in early 2025. What implications will this have for the EURUSD currency pair? Let's discuss this topic and make a trading plan.



Major Takeaways


The ECB plans to cut rates at its next meetings.
A December cut of 50bp was discussed.
Data is pushing the Fed to pause in early 2025.
The EURUSD pair will continue to slide if it settles below... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/ecb-decision-bruises-euro-forecast-as-of-13122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

12 Dec 2024 15:46

📈 Order Blocks: The Pro Secret You Need to Know!

Order blocks are like the market’s "memory zones." Price tends to revisit them before making powerful moves.

💡 How to Trade Order Blocks:

1️⃣ Identify a previous order block on the chart.
2️⃣ Wait for the price to return to that zone.
3️⃣ Enter the trade when you see signs of a reversal.
4️⃣ Set a stop loss just outside the block and aim for a 1:3 risk-reward ratio.

🔗 Don’t trade blindly—use order blocks to your advantage!

LiteFinance

12 Dec 2024 11:34

Pound on Track Become Strongest Currency on Forex. Forecast as of 12.12.2024

In 2024, the political landscape has notably influenced the foreign exchange market. The victory of the Labour Party in the UK general election was a key factor in the pound's strength. The US dollar benefited from the Trump trade, while the euro was harmed by the political crisis in Europe. Let's discuss these topics and make a trading plan for the GBPUSD pair.



Major Takeaways


The Fed and BoE monetary expansion allows the GBPUSD pair to consolidate.
The pound retains its chances to become the best currency on Forex in 2024.
The pound's trajectory will be determined after the ECB... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/pound-on-track-become-strongest-currency-on-forex-forecast-as-of-12122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

12 Dec 2024 08:38

Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.12.2024

Dear readers,

I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.



Major Takeaways


BTCUSD: The price continues correcting. Consider opening short positions from the current level with Take Profit at 92,820.00
XRPUSD: The correction is over, and the price shows momentum growth. Consider long positions with Take Profit at 2.899.
ETHUSD: Correction 4 continues. Consider selling from the current level with Take Profit at 3,425.76.


Elliott Wave Analysis for Bitcoin



BTCUSD has presumably formed a correction [4] as a double zigzag (W)-(X)-(Y). A new bullish wave is developing in the last segment of the chart, potentially... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/short-term-analysis-for-btcusd-xrpusd-and-ethusd-for-12122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

11 Dec 2024 11:00

Loonie Prepares for Turbulent Times. Forecast as of 11.12.2024

Donald Trump's tariffs will spur inflation in Canada and severely bruise the country's economy. Meanwhile, the Bank of Canada (BoC) has decided that the most prudent course of action is to cut the overnight rate to 3.25% in December. Let's discuss this topic and make a trading plan for the USDCAD pair.



Major Takeaways


The Bank of Canada's rate cut is a measure to protect the economy.
The BoC's rate of monetary expansion is significantly faster than the Fed's.
Ottawa will lose the battle to Washington.
The USDCAD pair may soar to 1.426 and 1.435.


Weekly Canadian Dollar Fundamental Forecast... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/loonie-prepares-for-turbulent-times-forecast-as-of-11122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

11 Dec 2024 09:21

Short-term Analysis for Oil, Gold, and EURUSD for 11.12.2024

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.

The euro has broken through the support (A) 1.0537 - 1.0528.



Major Takeaways



USCrude: oil is maintaining a downtrend.


XAUUSD: gold is rising to the target in the Target Zone 2726 - 2709.


EURUSD: the euro is trading in a short-term uptrend and is correcting downward today with the target at the support (B) 1.0491 - 1.0478.



Oil Price Forecast for... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/short-term-analysis-for-oil-gold-and-eurusd-for-11122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

11 Dec 2024 08:04

US Dollar Sees Gains Ahead of Inflation Data. Forecast as of 11.12.2024

In autumn, US consumer prices accelerated even without Donald Trump's tariffs and fiscal stimulus measures. However, inflation will unlikely accelerate significantly in 2025. However, it is essential to consider all factors when making decisions. Let's discuss this topic and make a trading plan for the EURUSD pair.



Major Takeaways


Bloomberg expects US inflation to continue declining in 2025.
Donald Trump's policies pose a risk to this scenario.
Accelerating November CPI is a reason for the Fed to pause in January.
Short trades on the EURUSD pair can be opened and added to the ones formed at 1.0615.


Daily US Dollar... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/us-dollar-sees-gains-ahead-of-inflation-data-forecast-as-of-11122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

10 Dec 2024 12:39

Gold Poised to Face Challenging Times. Forecast as of 10.12.2024

Despite the sell-offs in November, XAUUSD bulls remain optimistic, still hoping to see the gold price at $3,000 per ounce. However, they acknowledge that the near future may present challenges for the precious metal. Let's discuss this topic and make a trading plan.



Major Takeaways


Gold managed to recover thanks to geopolitical factors and central banks.
A Fed rate cut, de-dollarization, and uncertainty will support the XAUUSD.
A strong dollar puts pressure on the precious metal.
Gold may perform a pullback if it falls below $2,645 per ounce.


Weekly Fundamental Forecast for Gold

As the price of gold slightly increased,... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/gold-price-prediction-forecast/gold-poised-to-face-challenging-times-forecast-as-of-10122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 14:57

Changes in trading schedule over Christmas and New Year holidays 2024-2025

Dear clients,

Please get acquainted with changes in the trading schedule over the upcoming Christmas and New Year holidays.

Catholic Christmas, 25.12.2024




Trading instrument
Early closure
Resumption


FOREX
24/12/2024 23:59:59
26/12/2024 01:00:00


XAUUSD
24/12/2024 20:30:00
26/12/2024 01:00:00


XAGUSD
24/12/2024 20:30:00
26/12/2024 01:00:00


XAUEUR
24/12/2024 20:30:00
26/12/2024 01:00:00


XPDUSD
24/12/2024 17:00:00
26/12/2024 10:00:00


XPTUSD
24/12/2024 17:00:00
26/12/2024 10:00:00


XCUUSD
24/12/2024 20:55:00
26/12/2024 03:00:00


XNIUSD
24/12/2024 20:55:00
27/12/2024 03:00:00


XNGUSD
24/12/2024 20:30:00
26/12/2024 01:00:00


ASX200
24/12/2024 05:30:00
27/12/2024 00:50:00


FDAX
23/12/2024 23:00:00
27/12/2024 02:15:00


IBEX35
24/12/2024 15:00:00
27/12/2024 09:00:00


SX5E
23/12/2024 23:00:00
27/12/2024 02:15:00


CAC
24/12/2024 16:00:00
27/12/2024 09:00:00


HK50
24/12/2024 06:00:00... Read more https://www.litefinance.org/company/detail/news/105471/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 13:25

WTI Crude Oil: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

Major Takeaways


Main scenario: After the correction ends, consider short positions below the level of 78.88 with a target of 61.50 – 53.60. A sell signal: the price holds below 78.88. Stop Loss: above 79.20, Take Profit: 61.50 – 53.60.
Alternative scenario: Breakout and consolidation above the level of 78.88 will allow the asset to continue rising to the levels of 83.75 – 94.97. A buy signal: the level of 78.88 is broken to the upside. Stop Loss: below 78.50, Take Profit: 83.75 – 94.97.


Main Scenario

Consider short positions below the level of 78.88 with a target of 61.50... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/wti-crude-oil-elliott-wave-analysis-and-forecast-for-131224-201224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 12:41

Franc Goes All In. Forecast as of 13.12.2024

The Swiss National Bank has cut the key rate by 50 basis points, aiming to accelerate inflation and weaken the franc. Will it reach the goals? Let’s discuss it and make a trading plan for EURCHF and USDCHF.



Major Takeaways


The Swiss National Bank has cut the rate from 1% to 0.5%.
The SNB's resources in fighting against inflation are almost exhausted.
Political risks in Europe will continue to strengthen the franc.
EURCHF risks falling to 0.92, and USDCHF - rising to 0.915.


Monthly Fundamental Forecast for Franc

New lords, new laws. While the previous head of the Swiss National... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/franc-goes-all-in-forecast-as-of-13122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 11:47

EUR/USD: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24

Major Takeaways


Main scenario: Consider short positions from corrections below the level of 1.0620 with a target of 1.0193 – 1.0000. A sell signal: the price holds below 1.0620. Stop Loss: above 1.0650, Take Profit: 1.0193 – 1.0000.
Alternative scenario: Breakout and consolidation above the level of 1.0620 will allow the pair to continue rising to the levels of 1.0790 – 1.0940. A buy signal: the level of 1.0620 is broken to the upside. Stop Loss: below 1.0590, Take Profit: 1.0790 – 1.0940.


Main Scenario

Consider short positions from corrections below the level of 1.0620 with a target of 1.0193... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/eurusd-elliott-wave-analysis-and-forecast-for-131224-201224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 11:17

Silver Price Forecast & Predictions for 2024 and Beyond

First and foremost, silver is a tangible commodity recognized for its intrinsic value. Therefore, a key characteristic of this metal is that its price cannot reach zero.

Silver is valued for its malleability and ductility. It is harder than gold and softer than copper. This white metal is an excellent conductor of both electricity and heat, making it a highly versatile component in a range of applications. Furthermore, silver does not oxidize, which distinguishes it from other metals and makes it a highly sought-after commodity in a variety of industries.

Silver is an effective means of safeguarding capital against inflation. What... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/silver-prices-forecast-and-predictions/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 09:56

USD VS USDT: A Detailed Examination Of Differences

Despite sharing similar names, the USD and USDT are two completely distinct assets. The US dollar serves as the bedrock of the global financial system. The currency is the primary means of payment in the United States and a crucial safe-haven reserve currency used for international settlements.

Tether (USDT) is a stablecoin created by Tether Limited to mitigate the inherent volatility of cryptocurrencies. Its primary attribute is its direct correlation with the US dollar, which enables the token to retain a consistent value.

This article examines the differences between the USD and USDT, as well as the advantages and disadvantages... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/for-beginners/how-to-trade-crypto/usd-vs-usdt/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

13 Dec 2024 08:28

Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 13.12.2024

Dear readers,

I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.



Major Takeaways


BTCUSD: The price continues correcting. Consider opening short positions from the current level with Take Profit at 92,820.00.
XRPUSD: The correction is over, and the price shows momentum growth. Consider long positions with Take Profit at 2.899.
ETHUSD: Correction 4 continues. Consider selling from the current level with Take Profit at 3,425.76.


Elliott Wave Analysis for Bitcoin



BTCUSD has presumably formed a correction [4] as a double zigzag (W)-(X)-(Y). A new bullish wave is developing in the last segment of the chart, potentially as... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/short-term-analysis-for-btcusd-xrpusd-and-ethusd-for-13122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

12 Dec 2024 16:20

Bitcoin Cash (BCH) Price Forecast & Predictions for 2024, 2025–2026 and Beyond

The Bitcoin Cash (BCH) cryptocurrency emerged in mid-2017 as a result of a Bitcoin hard fork. Its primary goal was to enhance network bandwidth and blockchain scalability, allowing for a higher volume of transactions at lower fees. Despite stiff competition and numerous challenges, Bitcoin Cash has maintained its position among popular cryptocurrencies thanks to its solid technological foundation and strong community backing.

Bitcoin Cash continues to evolve in 2024 due to its ability to adapt to market and regulatory changes. Increased interest from institutional investors and an emphasis on decentralized solutions may boost demand for BCH. However, regulatory changes, global... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/bch-price-prediction/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

12 Dec 2024 15:03

Put-Call Ratio: A Comprehensive Guide for Forex Traders

The Put/Call Ratio is one of the most popular tools for analyzing market sentiment. This indicator is widely used in the equity market. It reflects the ratio of trading volumes of puts and calls of equity and index options, which in turn determines the current trend and bullish or bearish market sentiment. Market sentiment refers to the attitude or mood of investors regarding a stock or the entire financial market. The put-call index is used on many exchanges, such as the Chicago Board Options Exchange (CBOE).

The put/call ratio gauges the market's risk appetite and is often used as a... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/for-beginners/what-are-binary-options/put-call-ratio/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

12 Dec 2024 09:32

Short-term Analysis for Oil, Gold, and EURUSD for 12.12.2024

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.

Yesterday, the euro tested the short-term uptrend's key support.



Major Takeaways



USCrude: oil will likely reverse the trend.


XAUUSD: gold has reached the second bullish target near the November 25 high.


EURUSD: the euro is rising after hitting the support (B) 1.0491 - 1.0478.



Oil Price Forecast for Today: USCrude Analysis

The US has revised its forecast for an oil surplus... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/short-term-analysis-for-oil-gold-and-eurusd-for-12122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

12 Dec 2024 08:17

Trump's Remarks Misguide Markets. Forecast as of 12.12.2024

Donald Trump has won the White House, pledging that inflation will vanish completely. Ironically, it may be him who accelerate the Consumer Price Index (CPI). Trump previously criticized the strong dollar but is now defending it. He has prepared all the tools to impose tariffs, although he is ready for negotiations. The market is misguided. Let's discuss this topic and make a trading plan for the EURUSD pair.



Major Takeaways


Accelerating inflation will not force the Fed to abandon rate cuts.
Fewer cuts are expected in the updated FOMC forecasts.
The ECB may add to the euro's downtrend.
The EURUSD... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/trumps-remarks-misguide-markets-forecast-as-of-12122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

11 Dec 2024 10:17

Economic Calendar for the Week 16.12.2024 – 22.12.2024

Despite the strong volatility accompanying the markets, the US stock indices maintain positive momentum and trade within a long-term bullish trend. The US dollar also continues to dominate the market.

Last week, the four largest world central banks, the European Central Bank, the Reserve Bank of Australia, the Bank of Canada, and the Swiss National Bank, held their meetings on monetary policy issues.

In the upcoming week, market participants will focus on the US Fed meeting. The regulator has indicated that inflation is nearing its 2.0% target, and the economy appears to be in a strong position. It is widely... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/economic-calendar-for-the-week-16122024-22122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

11 Dec 2024 08:58

Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.12.2024

Dear readers,

I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.



Major Takeaways


BTCUSD: The price may decline in a bearish correction. Consider opening short positions from the current level with Take Profit at 92,820.00.
XRPUSD: The correction is over, and the price shows momentum growth. Consider long positions with Take Profit at 2.899.
ETHUSD: A bearish correction 4 has presumably started. Consider selling from the current level with Take Profit at 3,425.76.


Elliott Wave Analysis for Bitcoin



BTCUSD has presumably formed a correction [4] as a double zigzag (W)-(X)-(Y). A new bullish wave is developing in... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/short-term-analysis-for-btcusd-xrpusd-and-ethusd-for-11122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

10 Dec 2024 13:27

🚨 Did you know that the VIX reflects the market’s anxiety levels?

When it spikes, markets are gripped by fear.
When it’s calm, investors breathe easy.

💡 How to Use VIX in Your Strategy:

VIX above 40: Sell riskier assets.
VIX below 20: Consider buying stocks in calmer conditions.

Combine it: Use with RSI and Bollinger Bands for sharper signals.

❓ Do you already use VIX in your trading? Share your experience in the comments!

LiteFinance

10 Dec 2024 09:20

Short-term Analysis for Oil, Gold, and EURUSD for 10.12.2024

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.

The gold price has strengthened.



Major Takeaways



USCrude: oil is maintaining a downtrend.


XAUUSD: gold is trading below the resistance 2673.


EURUSD: the euro is trying to grow further to the target of 1.0629.



Oil Price Forecast for Today: USCrude Analysis

Oil continues to trade in a short-term downtrend. The main bearish target is 66.51. If the price consolidates below this... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/short-term-analysis-for-oil-gold-and-eurusd-for-10122024/?utm_source=telegram&utm_medium=social&utm_campaign=post