LiteFinance

2023-04-26 10:35:06 Short-term analysis for oil, gold, and EURUSD for 26.04.2023

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 broke through the low of April 24 yesterday.



Oil price forecast for today: USCrude analysis

The oil price broke through the low of April 24 yesterday. The short-term downtrend continues.

The price is being corrected now. The correction target is resistance (А) 79.65 – 79.36. When the first resistance is reached, one could enter new sell trades in... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3LbwSmd Open / Comment

2023-04-26 09:54:06 USD: back to roots. Forecast as of 26.04.2023

History shows that the dollar usually rises due to bad news releases and US stock indices' fall. In 2023, these trends were often violated, but the market reminds of them occasionally. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

The approaching recession will not bring anything good for the greenback. However, the market remembers that it is reasonable to enter USD purchases when stocks fall. The USD index rally is a reaction to bad news, even if the bad news comes from the US. However, there is another version. It is quite... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3Lvwlg0 Open / Comment

2023-04-26 09:37:06 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 26.04.2023

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



Bitcoin is forming a downward wave W as a double zigzag [W]-[X]-[Y]. Within this pattern, the last bearish wave [Y] is unfolding as a standard zigzag (A)-(B)-(C). The correction (B) has been recently completed. Soon the price will decline in the initial part of the impulse (C). BTC may fall towards 25865.95. At this level, wave (C) will be 76.4% of the impulse (A).

Trading plan for BTCUSD today:... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3NgaL0q Open / Comment

2023-04-25 16:00:52 Annual Freedom Business Summit 2023 will take place in September

The fifth international online Freedom Business Summit 2023 will take place from 26 to 28 September. Panel discussions and workshops will be held over three days, including speeches from the largest international experts.

The summit will focus on the following tracks:



Freedom Business participants will discuss the conditions for an optimal business environment. You will learn how to manage a company online with 100% efficiency, as well as in the jurisdiction of which country is best to work and how to apply for e-residency. Experts will also speak about overcoming the consequences of global shocks and saving your business.


How... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/41C7zRb Open / Comment

2023-04-25 13:18:48 Platinum is on a rise. Forecast as of 25.04.2023

The growth of XPTUSD to yearly highs did not go unnoticed. The platinum price is strengthening amid a weakening US dollar, expectations of the Fed’s dovish shift, and improved investment and autocatalyst demand. Let us discuss this topic and make up a trading plan.

Fundamental platinum forecast for six months

Looking at the banking crisis, expectations of a recession in the US, and multiple turmoils in the financial markets, the rally in precious metals is not something unnatural. Such is the nature of safe-haven assets, investors are willing to buy them when they fear for their money. Following the 10%... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3NbUsBB Open / Comment

2023-04-25 10:24:41 Short-term analysis for oil, gold, and EURUSD for 25.04.2023

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.

Gold is still trading in the short-term uptrend.



Oil price forecast for today: USCrude analysis

Oil is being corrected up in the short-term downtrend. The correction target is to test resistance (A) 79.86 – 79.57. When the resistance is tested, one could enter new sell trades according to the pattern with a target at low of April 24.

If resistance (A)... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3LvaCoM Open / Comment

2023-04-25 10:06:59 Euro: in great shape. Forecast as of 25.04.2023

Market sentiment changes often, but this does not prevent EURUSD from growing. Investors are discussing the possibility of raising the deposit rate by 50 bps in May and further increasing it to 4%. Let's discuss this topic and make up a trading plan.

Weekly Euro fundamental forecast

Divergence in monetary policy in action! It would seem that the euro has no new growth drivers, and the strength of the US economy is underestimated, which slowed down the EURUSD rally. However, the main currency pair grew after ECB officials began discussing higher rates than the market expected, and First Republic reports reminded of... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3oHOG0F Open / Comment

2023-04-25 09:15:54 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 25.04.2023

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



Downward wave W is unfolding as a double zigzag [W]-[X]-[Y]. The actionary wave [W] and the linking wave [X] have been completed. Bear wave [Y] is currently under construction. It can take the shape of a standard zigzag (A)-(B)-(C). A correction (B) has been completed. Then the price declined in the initial part of the impulse (C). Shortly, the price will fall to 25915.00. At this... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3oEaXMS Open / Comment

2023-04-24 16:13:15 https://bit.ly/41R43SK

All old-school traders have long known that the main secrets of trading are hidden in the pages of these works Open / Comment

2023-04-24 13:13:42 Yen lost faith. Forecast as of 24.04.2023

The USDJPY bears look discouraged. Earlier, investors expected a recession in the USA and the monetary normalization by the BoJ. Now comes the understanding that the plans will have to be postponed. Where will the USDJPY go? Let us discuss the Forex outlook and make up a trading plan.

Weekly yen fundamental forecast

The Fed's confidence in the strength of the US economy is being transmitted to financial markets as hedge fund bets on the sale of 10-year Treasury futures hit an all-time high of 1.29 million contracts. At the same time, the statement by the new the Bank of... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3H4uKer Open / Comment