LiteFinance

2023-05-03 10:19:51 Short-term analysis for oil, gold, and EURUSD for 03.05.2023

I welcome my fellow traders! I have made a price forecast for US Crude, 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 broken through the high of April 26 following an ascending momentum.



Oil price forecast for today: USCrude analysis

The oil short-term downtrend continued yesterday, and the price reached the Gold Zone 71.78 – 71.49. The zone hasn’t been broken out, so the price will hardly continue falling right now.

If the price breaks out the GZ today... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3Vt71ux Open / Comment

2023-05-03 10:02:45 USD will signal. Forecast as of 03.05.2023

Investors believe that May federal funds increase will be the last. But the final decision will be made by the Fed. Can Jerome Powell give the right signal? How will this affect the markets? Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

How will the Fed signal that one of the most aggressive monetary restrictions in over 100 years is over? Markets expect a 25 bps federal funds rate increase to 5.25% with a probability of 87%. They believe it will be the last in the cycle and predict a decrease in the borrowing... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3p4YguD Open / Comment

2023-05-03 09:38:43 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.05.2023

I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.



Elliott wave Bitcoin analysis



In the medium term, BTCUSD can build a standard zigzag [A]-[B]-[C]. Its first part, wave [A], is currently unfolding. Wave [A] will take the shape of the leading diagonal (1)-(2)-(3)-(4)-(5). Corrective wave (4) has been completed. Soon expect a price decline in sub-wave (5), consisting of sub-waves 1-2-3-4-5, in the direction of the previous low 26900.00, marked by impulse (3).

Trading plan for BTCUSD today:

Sell 28505.19, Take profit:... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40XAY7k Open / Comment

2023-05-03 09:21:55 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.05.2023

I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.



Elliott wave Bitcoin analysis



In the medium term, BTCUSD can build a standard zigzag consisting of sub-waves [A]-[B]-[C]. Its first part, wave [A], is currently unfolding. Wave [A] will take the shape of the leading diagonal (1)-(2)-(3)-(4)-(5). Corrective wave (4) has been completed. Soon expect a price decline in sub-wave (5), consisting of sub-waves 1-2-3-4-5, in the direction of the previous low, marked by impulse (3).

Trading plan for BTCUSD today:

Sell... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40XAY7k Open / Comment

2023-05-02 17:36:13 https://bit.ly/44jJX5y

Chart Pattern - what do I need to know? What are the most common mistakes made?
Answers to the most popular questions - in our new video Open / Comment

2023-05-02 13:37:50 Aussie is cheered up by central bank. Forecast as of 02.05.2023

The RBA surprised the market by raising the interest rate unexpectedly. The rate hike supported the AUDUSD growth. Will the pair continue rallying up? Let's talk about this topic and draw up a trading plan.

Weekly Australian dollar fundamental analysis

Markets were surprised by the unexpected RBA’s interest rate hike from 3.6% to 3.85%. Investors were sure the monetary tightening cycle was over in April when the RBA officials decided to keep the cash rate at the same level. Only 9 out of 30 Bloomberg experts were able to predict the RBA verdict, which led to an increase in the... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40YPr2J Open / Comment

2023-05-02 10:20:51 USD forgot about fears. Forecast as of 02.05.2023

US currency should not be underestimated. However, investors have been doing this for the past six months. As a result, many negative factors have already been priced in the greenback's quotes. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

The dollar is not the same as last year. Expectations of the completion of the Fed's monetary restriction cycle, the banking crisis, rumors of an impending recession, and default risks have seriously weakened the greenback. However, at the turn of April and May, EURUSD bears began to recover. In fact, the situation may not... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3p0HHA3 Open / Comment

2023-05-02 10:14:57 Short-term analysis for oil, gold, and EURUSD for 02.05.2023

I welcome my fellow traders! I have made a price forecast for US Crude, 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 EURUSD is trading in the short-term uptrend.



Oil price forecast for today: USCrude analysis

The oil short-term downtrend continues. The downside target is the low of April 28. It is relevant to sell close to resistance (А) 77.05 – 76.76 or resistance (В) 78.64 – 78.21.

If the low of April 28 is broken through, the next downside target will... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40Ul1Pg Open / Comment

2023-05-02 09:50:49 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 02.05.2023

I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.



Elliott wave Bitcoin analysis



BTCUSD is forming the beginning of a bearish standard zigzag [A]-[B]-[C]. Its first part, wave [A], is currently unfolding as the leading diagonal (1)-(2)-(3)-(4)-(5). The corrective wave (4) has been recently completed. Shortly, the price will continue to decline in sub-wave (5) towards the previous low 26900.00 marked by impulse (3).

Trading plan for BTCUSD today:

Sell 27952.67, Take profit: 26900.00


Elliott wave Ripple analysis



The XRPUSD market is building... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40X8H0D Open / Comment

2023-05-02 09:26:49 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 02.05.2023

I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.



Elliott wave Bitcoin analysis



BTCUSD is forming the beginning of a bearish standard zigzag consisting of sub-waves [A]-[B]-[C]. Its first part, wave [A], is currently under construction. Wave [A] is unfolding as the leading diagonal (1)-(2)-(3)-(4)-(5). The corrective wave (4) has been recently completed. Shortly, the price will continue to decline in sub-wave (5) towards the previous low marked by impulse (3).

Trading plan for BTCUSD today:

Sell 27952.67, Take profit: 26900.00... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40X8H0D Open / Comment