LiteFinance

2021-11-11 14:19:16 Pound's positions are weak. Forecast as of 11.11.2021

The Bank of England disappointed investors in November and is ready to do it again if the UK jobs report is disappointing. Why would the British regulator use hawkish rhetoric? Let us discuss the market outlook and make up a GBPUSD trading plan.

Weekly pound fundamental forecast

If a person lied once, they can believe him. It won't work the second time though. And if later a person tells the truth, no one will accept it either. The statement of the Bank of England, which claimed before the November MPC meeting that it was ready to act, and then decided not to raise... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jYj6x Open / Comment

2021-11-11 11:04:54 Short-term analysis for oil, gold, and EURUSD for 11.11.2021

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.

Yesterday, the short-term gold trend continued, within which the Gold Zone was reached.



Oil price forecast for today: USCrude analysis

Yesterday, oil price dropped dramatically. As a result, the Intermediary Zone 81.03 - 80.77 was broken out. Thus, the short-term trend reversed down. Today, the search for sales is a matter of primary importance. The target for sales is the lower Target Zone 78.48... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jYjv2 Open / Comment

2021-11-11 10:06:33 Dollar is to win. Forecast as of 11.11.2021

A surge in the US inflation to 6.2% caused panic in financial markets. Stocks crashed, Treasury yield has been up amid the expectations of the Fed’s aggressive monetary restriction. How will this affect the EURUSD? Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

The release of US consumer price data for October explains why investors are not interested in the question of whether the Fed will raise interest rates. They are more concerned with how fast the federal funds rate will be raised. Although San Francisco Federal Reserve President Mary Daly... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jYjBa Open / Comment

2021-11-11 08:45:45 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.11.2021

I welcome my readers!

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

Bitcoin and Ethereum should be rising in impulses, and Ripple continues forming the final leg of the double zigzag.



Elliott wave Bitcoin analysis



The BTCUSD market is forming the first sub-wave of the simple bullish zigzag (A)-(B)-(C), large impulse upwave (A). Sub-waves 1-2-3-4 have completed in the (A) wave, the final fifth wave is still developing. Horizontal corrective wave 4 of a smaller degree has recently finished as a double three [W]-[X]-[Y],... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jYj8R Open / Comment

2021-11-10 18:44:33 Cryptocurrency technical maintenance 14.11.21

Dear clients,

Please note that technical maintenance will be carried out on cryptocurrency trading instruments on 14.11.2021 from 00:00 to 00:15 (according to the server time GMT+2 shown in the trading platform). During that short period the quoting of all cryptocurrencies will be suspended.

Please take the changes into account when planning your trading activities.

We ask your pardon for the possible inconvenience and hope for your understanding.

Best regards,

LiteForex Read more here: http://amp.gs/jYIGU Open / Comment

2021-11-10 16:30:02 New video already on the channel !



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2021-11-10 14:06:37 Yen: from rags to riches. Forecast as of 10.11.2021

When the central bank hints at a rate hike but doesn't take action, falling bond yields could affect the entire global debt market. How will this affect USDJPY? Let us discuss the Forex outlook and make up a trading plan.

Weekly yen fundamental analysis

The accelerating inflation and the decision of central banks to remain passive when it comes to raising interest rates effectively strengthen monetary stimulus. Even though many countries do not need it, since they have fully recovered from the pandemic or are on the verge of it. Negative real rates in the US are higher than in... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j1bva Open / Comment

2021-11-06 17:17:58 Transfer of trading accounts to a new jurisdiction

Dear Clients,

Please note that from 8 November 2021, your accounts will be serviced by LiteFinance Global, a limited liability company registered in Saint Vincent and the Grenadines. Registration number: 931 LLC 2021. Registered address: First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.

The restructuring is part of the company's development strategy and rebranding aimed at getting licenses in new jurisdictions. Also, we would like to mention that the restructuring process will in no way affect our existing or new clients as the broker's founders and team remain the same. We will... Read more here: http://amp.gs/j1WDo Open / Comment

2021-11-06 15:48:10 New video already on the channel!



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2021-11-05 14:29:03 XAUUSD: Elliott wave analysis and forecast for 05.11.2021 – 12.11.2021

Main scenario: consider long positions from corrections above the level of 1721.11 with a target of 1915.00 – 2075.27.

Alternative scenario: breakout and consolidation below the level of 1721.11 will allow the pair to continue declining to the levels of 1673.63 – 1602.20.

Analysis: Daily chart: an ascending third wave of larger degree (3) is formed, a descending correction has developed as the fourth wave (4), and the fifth wave (5) appears to be unfolding, with the first wave of smaller degree 1of (5) formed inside. H4 chart: apparently, a corrective wave 2 of (5) is completed, and wave 3... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j1XQF Open / Comment