LiteFinance

2023-04-28 12:32:34 USDCHF: Elliott wave analysis and forecast for 28.04.23 – 05.05.23

Main scenario: consider short positions from corrections below the level of 0.9110 with a target of 0.8704 – 0.8520 once a correction is completed. 

Alternative scenario: breakout and consolidation above the level of 0.9110 will allow the pair to continue rising to the levels of 0.9340 – 0.9443.

Analysis: an ascending correction of larger degree is formed as the fourth wave (4) on the daily chart. A bearish fifth wave (5) started unfolding. The first wave of smaller degree 1 of (5) is presumably developing on the H4 chart, with wave iii of 1 continuing forming inside. On the H1... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3LBVyFL Open / Comment

2023-04-28 12:15:34 USDCAD: Elliott wave analysis and forecast for 28.04.23 – 05.05.23

Main scenario: consider long positions above the level of 1.3433 with a target of 1.3858 – 1.4054 once a correction formed. 

Alternative scenario: breakout and consolidation below the level of 1.3433 will allow the pair to continue declining to the levels of 1.3295 – 1.3194.

Analysis: the fifth wave of larger degree 5 is presumably developing on the daily chart, with wave (3) of 5 forming as its part. The third wave 3 of (3) is formed on the H4 chart, and a correction is completed as the fourth wave 4 of (3). Apparently, the fifth wave 5 of (3)... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3L77OfO Open / Comment

2023-04-28 10:54:33 USD stands still. Forecast as of 28.04.2023

Despite the stabilization, the internal tension in EURUSD is actively growing. Macro statistics make the pair fluctuate a lot, although everyone knows that the Fed and the ECB make the final decisions. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

The US is in the worst position as the economy slows and inflation rises. US GDP expanded by a modest 1.1% in the first quarter, below Bloomberg's consensus forecast of 2%. The economy began to contract under the influence of the most aggressive monetary restriction by the Fed in decades. The problem is that the... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3nczCYo Open / Comment

2023-04-28 10:24:35 Short-term analysis for oil, gold, and EURUSD for 28.04.2023

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 oil price stopped falling in the Target Zone 74.68 – 73.81.



Oil price forecast for today: USCrude analysis

The oil price stopped falling in the Target Zone 74.68 – 73.81. Nonetheless, the short-term downtrend continues. The price is currently being corrected.

If the correction is supported by buyers, the price could reach resistance (А) 77.16 – 76.87. After this zone... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/423qcxd Open / Comment

2023-04-28 09:55:47 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 28.04.2023

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



Corrective wave (B) inside the actionary wave [Y] has not been completed yet. It will take the complex shape of a double zigzag W-X-Y. Shortly expect the end of sub-wave Y at the high of wave W. Then the market may reverse and start building a bearish impulse wave (C). The whole wave (C) will end around 26605.54. At this level, impulses (A) and (C) will... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40LnXgQ Open / Comment

2023-04-27 16:48:51 You can now trade XAU/EUR with LiteFinance

Dear clients,

LiteFinance has added a new asset to its list of trading instruments. You can now trade the XAU/EUR commodity pair (gold/euro) that represents the value of one troy ounce in euro.

At LiteFinance, you will have the most advantageous trading terms:


floating spreads from 0.5 points;
0.5% margin;
1:200 leverage;
one lot size: 100 XAU.


For more details about this new trading asset, please refer to the Info on the instrument section.

With best regards,

LiteFinance Read more https://bit.ly/3VdqUWq Open / Comment

2023-04-27 16:09:55 LiteFinance opens a new office in Uzbekistan

Dear clients,

LiteFinance continues to expand its presence in the world, and we are pleased to announce the opening of our official representative office in Tashkent, Uzbekistan.

Now, our clients can visit our regional office and get advice directly from LiteFinance managers. Our specialists will be glad to answer all your questions, make the process of registration and trading as clear as possible, and tell you about the unique services of the company.

You are welcome at:

Tashkent, Seoul Plaza, 7th floor, office No. 1

Contacts:



WhatsApp: +998 88 00 888 68


Instagram: @foricogroup



 



Best regards,

LiteFinance team Read more https://bit.ly/3HjV1WB Open / Comment

2023-04-27 15:51:06 https://bit.ly/3oRickI

Don't miss the main event of the month!
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2023-04-27 15:31:13 Franc celebrates the victory. Forecast as of 27.04.2023

The Swiss franc has outperformed both the US dollar and the Japanese yen as the best safe haven. Furthermore, the Swiss economy is strong, and the SNB stays determined. Therefore, the USDCHF rally is due to continue. Let us discuss the Forex outlook and make up a trading plan.

Monthly Swiss franc fundamental forecast

The Swiss franc has become the best safe-haven currency in Forex and the G10 top performer. Although Credit Agricole says the franc, the euro, and the pound are the most overbought currencies, the CHF looks like the best-performing currency in the foreign exchange market.

After it... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/41JegRg Open / Comment

2023-04-26 13:09:06 Peso goes ahead. Forecast as of 26.04.2023

USDMXN bears go ahead, encouraged by the US economic strength, as it is the main trading partner of Mexico, the effective management of inflation, the balance of foreign trade, and the growth in oil prices. However, the situation is changing in April. Let us discuss the Forex outlook and make up a trading plan.

Monthly fundamental Mexican peso forecast

Not all central banks wait for the Fed to take some steps. Some regulators complete the monetary restrictions cycles earlier. In theory, an end to the monetary tightening cycle should weaken the local currency. However, Black Rock suggests that emerging markets’... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3NasiHm Open / Comment