LiteFinance

27 Dec 2024 08:35

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.12.2024

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 to decline in correction (4). Consider short positions from the current level with Take Profit at 91,965.00.
XRPUSD: A decline to a low of 1.897 is expected. Consider short positions with Take Profit at 1.895.
ETHUSD: A decline to a low of 3083.00 is expected. Consider selling from the current level with Take Profit at 3,083.00.


Elliott Wave Analysis for Bitcoin



BTCUSD has formed a correction [4] as a double zigzag (W)-(X)-(Y) on the H4 time frame. A new bullish wave... 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-27122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

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26 Dec 2024 14:30

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LiteFinance

26 Dec 2024 08:18

Trump's Pledges to Define EURUSD's Rate. Forecast as of 26.12.2024

Will the new US president have trouble delivering on his campaign pledges? If not, the EURUSD pair will fall below parity. If he does implement his policies, the outcomes have already been priced in the pair's quotes. Meanwhile, a pullback is inevitable. Let's discuss this topic and make a trading plan.



Major Takeaways


The Fed-ECB rate gap was as high as 250 bps during Trump's first term.
The differential is 150 bps and is likely to continue to expand.
Difficulties with the implementation of the US President's plans will undermine investor confidence in the US dollar.
The EURUSD pair may collapse... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/trumps-pledges-to-define-eurusds-rate-forecast-as-of-26122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

25 Dec 2024 02:30

Economic Calendar for the Week 30.12.2024 – 05.01.2025

The upcoming week, 30.12.2024 – 05.01.2025, will be a transitional period marking the end of 2024 and the beginning of 2025. During the days from December 30 to January 1, trading activity is expected to be quite low as people around the world celebrate the New Year. Banks will be closed during this time, starting with those in the Pacific Rim countries. Trading will resume on January 2. However, trading volumes will likely pick up after January 5.

Nevertheless, this does not mean the market will not experience sharp movements in the early days of the new year. On the... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/economic-calendar-for-the-week-30122024-05012025/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

24 Dec 2024 18:30

🎄 May Your Portfolio Grow and Your Trades Always Close in Profit!

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LiteFinance

24 Dec 2024 08:32

US Dollar to Become Strongest Currency on Forex. Forecast as of 24.12.2024

Investors' pessimism at the beginning of the year about the prospects for the US economy and its currency triggered a rapid rally in the USD index. What is the outlook for the US dollar in 2025? Let's discuss this topic and make a trading plan for the EURUSD pair.



Major Takeaways


The US economy exceeded expectations in 2024.
The Fed started cutting rates later than expected.
The central bank's intention to pause and Trump's policy will support the US dollar in 2025.
The EURUSD may plummet deeper if it breaches the support level of 1.0385.


Weekly US Dollar Fundamental Forecast... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/us-dollar-to-become-strongest-currency-on-forex-forecast-as-of-24122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

23 Dec 2024 14:49

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LiteFinance

23 Dec 2024 08:47

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.12.2024

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 be correcting to the downside. Consider short positions from the current level with Take Profit at 91,965.00.
XRPUSD: A decline to a low of 1.897 is expected. Consider short positions with Take Profit at 1.897.
ETHUSD: A decline to a low of 3,083.00 is expected. Consider selling from the current level with Take Profit at 3,083.00.


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... 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-23122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

22 Dec 2024 21:49

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LiteFinance

20 Dec 2024 15:09

Alibaba (BABA) Stock Forecast & Predictions for 2024, 2025–2030 and Beyond

Alibaba is a major player in online commerce and cloud technology. However, its stock price continues to face pressure due to regulatory restrictions in China, US sanctions on technology exports, and the volatility of the Chinese economy. Despite these challenges, the company is demonstrating resilience by developing its core businesses and investing in innovation.

Although the stock price has declined over recent years, projections for 2025 indicate a potential increase, with prices surpassing $120 and reaching lows around $70. Interest in Alibaba's investment prospects remains strong, as fundamental factors such as its strengthened position in cloud services and international expansion... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/alibaba-stocks-price-prediction-forecast/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 12:46

WTI Crude Oil: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24

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-201224-271224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 11:51

GBPUSD: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24

Major Takeaways


Main scenario: Consider short positions from corrections below the level of 1.2735 with a target of 1.2240 – 1.1900. A sell signal: the price holds below 1.2735. Stop Loss: above 1.2765, Take Profit: 1.2240 – 1.1900.
Alternative scenario: Breakout and consolidation above the level of 1.2735 will allow the pair to continue rising to the levels of 1.3054 – 1.3440. A buy signal: the level of 1.2735 is broken to the upside. Stop Loss: below 1.2705, Take Profit: 1.3054 – 1.3440.


Main Scenario

Consider short positions from corrections below the level of 1.2735 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-201224-271224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 11:18

EURUSD: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24

Major Takeaways


Main scenario: Consider short positions from corrections below the level of 1.0536 with a target of 1.0193 – 1.0000. A sell signal: the price holds below 1.0536. Stop Loss: above 1.0565, Take Profit: 1.0193 – 1.0000.
Alternative scenario: Breakout and consolidation above the level of 1.0536 will allow the pair to continue rising to the levels of 1.0790 – 1.0940. A buy signal: the level of 1.0536 is broken to the upside. Stop Loss: below 1.0510, Take Profit: 1.0790 – 1.0940.


Main Scenario

Consider short positions from corrections below the level of 1.0536 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-201224-271224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 10:34

USDСAD: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24

Major Takeaways


Main scenario: Consider long positions from corrections above the level of 1.4200 with a target of 1.4800 – 1.5200. A buy signal: the price holds above 1.4200. Stop Loss: below 1.4170, Take Profit: 1.4800 – 1.5200.
Alternative scenario: Breakout and consolidation below the level of 1.4200 will allow the pair to continue declining to the levels of 1.3970 – 1.3800. A sell signal: the level of 1.4200 is broken to the downside. Stop Loss: above 1.4230, Take Profit: 1.3970 – 1.3800.


Main Scenario

Consider long positions from corrections above the level of 1.4200 with a target of 1.4800... 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-201224-271224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 08:05

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 20.12.2024

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 correct to the upside. Consider long positions from the current level with Take Profit at 103,064.89.
XRPUSD: A decline to a low of 1.896 is expected. Consider short positions with Take Profit at 1.896.
ETHUSD: The price may rise in a small correction. Consider buying from the current level with Take Profit at 3,715.17.


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... 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-20122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

27 Dec 2024 08:04

AI Technology Boosts US Dollar. Forecast as of 27.12.2024

Artificial intelligence technology has increased productivity in the US, allowing the country's economy to exceed expectations in 2024, leading to a stronger US dollar. Let's discuss this topic and make a trading plan for the EURUSD pair.



Major Takeaways


The economic growth gap has pushed the EURUSD pair down.
The US dollar outperforms the euro thanks to the US economy's productivity.
Divergence may intensify in 2025 due to Donald Trump.
Short trades on the EURUSD pair can be opened on a rebound from resistance levels of 1.0425, 1.047, and 1.051.


Weekly US Dollar Fundamental Forecast

While the markets are speculating about... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/ai-technology-boosts-us-dollar-forecast-as-of-27122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

26 Dec 2024 11:19

Pound May Appreciate on Santa Claus Rally. Forecast as of 26.12.2024

In the fourth quarter, the decline in the GBPUSD was not attributable to the differential timing of rate cuts by central banks; it was primarily driven by the loss of momentum in the UK economy. It is important to consider whether these developments could have been more severe. Let's discuss this topic and make a trading plan.



Major Takeaways


The UK economy has not expanded in the second half of the year.
Monetary policy gives no advantage to either the pound or the US dollar.
A Santa Claus rally in the stock market may help the pound sterling. 
Short trades... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/pound-may-appreciate-on-santa-claus-rally-forecast-as-of-26122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

26 Dec 2024 08:01

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.12.2024

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 to decline in correction (4). Consider short positions from the current level with Take Profit at 91,965.00.
XRPUSD: A decline to a low of 1.897 is expected. Consider short positions with Take Profit at 1.895.
ETHUSD: A decline to a low of 3,083.00 is expected. Consider selling from the current level with Take Profit at 3,083.00.


Elliott Wave Analysis for Bitcoin



BTCUSD has formed a correction [4] as a double zigzag (W)-(X)-(Y) on the H4 time frame. A new bullish wave... 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-26122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

24 Dec 2024 23:22

Merry Christmas 2024!

Dear clients,

The LiteFinance team wishes you a Merry Christmas! We hope this bright holiday brings you good health, peace, and joy. May your homes be filled with warmth and comfort, and your endeavors be fruitful.

We are honored to assist you in achieving your financial goals and investments. We will continue to improve our service to provide you with even better and more convenient solutions for trading in global markets.

As the new year approaches, we are excited to celebrate a significant milestone for LiteFinance—our 20th anniversary! Our team has organized a unique anniversary contest to mark this special... Read more https://www.litefinance.org/company/detail/news/105523/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

24 Dec 2024 11:06

Strong US Dollar Puts Pressure on Gold Quotes. Forecast as of 24.12.2024

The US dollar has shown the strongest quarterly performance since 2022, and rising treasury yields have led to speculation about the performance of gold. The question remains whether it will regain investors' favor and reach the $3,000 mark. Let's discuss this topic and make a trading plan.



Major Takeaways


Donald Trump's policies put pressure on gold quotes.
The Fed's pause prevents the XAUUSD from rising.
The precious metal is expecting a tough start to the year.
Gold may collapse to $2,565 and $2,525 per ounce.


Monthly Fundamental Forecast for Gold

The gold market had a strong start to 2024, driven... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/gold-price-prediction-forecast/strong-us-dollar-puts-pressure-on-gold-quotes-forecast-as-of-24122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

24 Dec 2024 08:00

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.12.2024

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 correction. Consider short positions from the current level with Take Profit at 91,965.00.
XRPUSD: A decline to a low of 1.897 is expected. Consider short positions with Take Profit at 1.897.
ETHUSD: A price decline to a low of 3,083.00 is expected. Consider selling from the current level with Take Profit at 3,083.00.


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... 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-24122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

23 Dec 2024 11:27

Yen Retains Bearish Bias Following BoJ Rate Decision. Forecast as of 23.12.2024

The economy determines the exchange rate. If the economy is strong and inflation is above the target, then rates should be raised. The BoJ is refusing to make a rate hike. It has kept borrowing costs at 0.25%, spurring USDJPY quotes. Let's discuss this topic and make a trading plan.



Major Takeaways


The Bank of Japan kept the overnight rate unchanged at 0.25%.
Kazuo Ueda signaled that the rate would remain at that mark until March.
Politics may have driven the BoJ's decision.
Long positions on the USDJPY pair can be opened on a rebound from 155.45, 155, and 154.5.


Weekly... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/yen-retains-bearish-bias-following-boj-rate-decision-forecast-as-of-23122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

23 Dec 2024 08:03

US Fed Insists on Rate Cuts. Forecast as of 23.12.2024

Rumors that the December cut in the federal funds rate would be the final one caused investors to worry. However, inflation data and Fed officials' remarks have helped alleviate these concerns. Let's discuss this topic and make a trading plan for the EURUSD pair.



Major Takeaways


The US PCE index slowed to its lowest level since May.
FOMC officials continue to insist on rate cuts.
Donald Trump threatens Europe with tariffs.
Short trades can be opened on the EURUSD pair if it rebounds from 1.0465 and 1.05.


Weekly US Dollar Fundamental Forecast

The market's recent fluctuations have led to speculation... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/us-fed-insists-on-rate-cuts-forecast-as-of-23122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 16:42

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LiteFinance

20 Dec 2024 13:19

XAUUSD: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24

Major Takeaways


Main scenario: Consider short positions from corrections below the level of 2728.40 with a target of 2418.82 – 2304.21. A sell signal: the price holds below 2728.40. Stop Loss: above 2735, Take Profit: 2418.82 – 2304.21.
Alternative scenario: Breakout and consolidation above the level of 2728.40. will allow the asset to continue rising to the levels of 2792.47 – 2880.00. A buy signal: the level of 2728.40 is broken to the upside. Stop Loss: below 2720.00, Take Profit: 2792.47 – 2880.00.


Main Scenario

Consider short positions from corrections below the level of 2728.40 with a target of 2418.82... 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-201224-271224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 12:24

USDJPY: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24

Major Takeaways


Main scenario: After the correction ends, consider short positions below the level of 161.75 with a target of 138.00 – 131.40. A sell signal: if the price holds below 161.75. Stop Loss: above 162.10, Take Profit: 138.00 – 131.40.
Alternative scenario: Breakout and consolidation above the level of 161.75 will allow the pair to continue rising to the levels of 170.00 – 175.00. A buy signal: the level of 161.75 is broken to the upside. Stop Loss: below 161.40, Take Profit: 170.00 – 175.00.


Main Scenario

Consider short positions below the level of 161.75 with a target of... 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-201224-271224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 11:34

The Canadian Dollar Faces a Challenging Road. Forecast as of 20.12.2024

The political crisis in Canada has further compounded the visibly cooling labor market, weak economy, and concerns about 25% U.S. tariffs. Тhis onslaught of negative factors pushed the USDCAD quotes up. Let’s discuss it and make a trading plan.



Major Takeaways


Canadian government loses unity, pushing USD/CAD higher.
Ottawa ponders how to respond to Donald Trump's threats.
Rapid overnight rate cut puts pressure on the Canadian dollar.
USD/CAD risks continuing the rally towards 1.455 and 1.488.


Monthly fundamental forecast for the Canadian dollar

Misfortune never comes alone. Canada became the third G7 country to face a political crisis before Donald... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/the-canadian-dollar-faces-a-challenging-road-forecast-as-of-20122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 10:56

USDCHF: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24

Major Takeaways


Main scenario: After the correction ends, consider short positions below the level of 0.9220 with a target of 0.8586 – 0.8386. A sell signal: the price holds below 0.9220. Stop Loss: above 0.9250, Take Profit: 0.8586 – 0.8386.
Alternative scenario: Breakout and consolidation above the level of 0.9220 will allow the pair to continue rising to the levels of 0.9444 – 1.0000. A buy signal: the level of 0.9220 is broken to the upside. Stop Loss: below 0.9190, Take Profit: 0.9444 – 1.0000.


Main Scenario

Consider short positions below the level of 0.9220 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-201224-271224/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 10:00

Short-Term Analysis for Oil, Gold, and EURUSD for 20.12.2024

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 continues to trade in a short-term downtrend.



Major Takeaways



USCrude: oil is approaching the first bearish target near 68.56.


XAUUSD: gold is maintaining a downtrend.


EURUSD: the euro has reached below the December 18 low but failed to pierce the Target Zone 1.0353 - 1.0326.



Dear readers, LiteFinance clients and traders,

Another productive year, full of challenges, discoveries, and new opportunities,... 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-20122024/?utm_source=telegram&utm_medium=social&utm_campaign=post

LiteFinance

20 Dec 2024 07:49

US Dollar Soars as US Government Shutdown Looms. Forecast as of 20.12.2024

Speculation that December's rate cut may be the last and increased safe-haven demand due to the partial US government shutdown allowed EURUSD bears to push the pair lower. Let's discuss this topic and make a trading plan.



Major Takeaways


The Fed is starting to factor in Donald Trump's policies.
December's Fed rate cut could be the last.
The shutdown strengthens the demand for safe-haven assets.
The EURUSD pair is moving toward 1.03.


Weekly US Dollar Fundamental Forecast

Tariff-related concerns are beginning to impact the Fed's decision-making, and President Donald Trump is implementing a government shutdown as a political maneuver. The... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/us-dollar-soars-as-us-government-shutdown-looms-forecast-as-of-20122024/?utm_source=telegram&utm_medium=social&utm_campaign=post