LiteFinance

2023-04-20 13:31:03 Pound looks deceptively. Forecast as of 20.04.2023

A rise in UK consumer prices to 10.1% should have supported the sterling. The expectations for the BoE rate ceiling have been up to 5%. Will the GBPUSD also go up? Things are not that simple. Let us discuss the Forex outlook and make up a trading plan.

Weekly fundamental pound forecast

The UK wage growth increased, and the inflation rate didn’t go below 10%, encouraging investors to buy the pound in the hope that the Bank of England would raise the interest rate to 5%. However, the GBPUSD didn’t grow that much, which was immediately explained by fears that... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3MUOh53 Open / Comment

2023-04-20 10:42:17 Dollar: still relevant. Forecast as of 20.04.2023

The narrowing of the US-German bond yield spread leads to an outflow of capital from the US to Europe and EURUSD growth. These processes are based on the divergence in the monetary policy of the ECB and the Fed. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

No matter how hard the US dollar tries to prove its worth, you can't fight rates. UK inflation above 10% allowed the derivatives market to predict an increase in the interest rate from 4.25% to 5% by the BoE. Bloomberg experts expect the ECB to increase borrowing costs by... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3H31iWj Open / Comment

2023-04-20 10:37:12 Dollar: still relevant. Forecast as of 20.04.2023

The narrowing of the US-German bond yield spread leads to an outflow of capital from the US to Europe and EURUSD growth. These processes are based on the divergence in the monetary policy of the ECB and the Fed. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

No matter how hard the US dollar tries to prove its worth, you can't fight rates. UK inflation above 10% allowed the derivatives market to predict an increase in the interest rate from 4.25% to 5% by the BoE. Bloomberg expects the ECB to increase borrowing costs by... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3H31iWj Open / Comment

2023-04-20 10:11:14 Short-term analysis for oil, gold, and EURUSD for 20.04.2023

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.

Oil price is falling and testing the border of the short-term uptrend 79.03 – 78.60.



Oil price forecast for today: USCrude analysis

The oil price is going down and testing the key support of the short-term uptrend 79.03 – 78.60. The zone hasn’t been broken out, so when the price goes to the support zone and draws a buy pattern, one... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3LeJaLH Open / Comment

2023-04-20 09:47:12 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 20.04.2023

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.

Bitcoin and Ethereum uptrends have come to an end. Now bearish waves are forming.



Elliott wave Bitcoin analysis



Bitcoin has completed the formation of a major impulse wave (A). Then the decline began inside the initial part of the new corrective wave (B). The initial part of this correction indicates that the entire wave may take the shape of a double zigzag. Wave W is unfolding as a double zigzag... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3mQijfA Open / Comment

2023-04-20 09:26:03 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 20.04.2023

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.

Bitcoin and Ethereum uptrends have come to an end. Now bearish waves are forming. 



Elliott wave Bitcoin analysis



Bitcoin has completed the formation of a major impulse wave (A). Then the decline began inside the initial part of the new corrective wave (B). The initial part of this correction indicates that the entire wave may take the shape of a double zigzag. Wave W is unfolding as a double zigzag... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3mQijfA Open / Comment

2023-04-19 13:22:31 Lira sees no way. Forecast as of 19.04.2023

There is hope that the change of power in Turkey after May 14 will allow the central bank to move away from unorthodox monetary policy. However, the imbalances in the economy are so great that it makes no sense to bet on a lira rally. Let's talk about this topic and draw up a USDTRY trading plan.

Lira fundamental forecast for six months

Although the Central Bank of the Republic of Turkey cut the interest rate from 19% in late 2021 to the current 8.5%, the interest rates on deposits and loans in commercial banks are growing. Deposit rates have risen 10 percentage points... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/41HLnEC Open / Comment

2023-04-19 10:35:05 Short-term analysis for oil, gold, and EURUSD for 19.04.2023

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 being corrected down in the short-term uptrend.



Oil price forecast for today: USCrude analysis

Oil continues trading in the correction to the short-term uptrend. The price tested support (A) 80.48 – 80.19 yesterday. The support was held up, one could enter purchases in the zone with a target at the high of April 12.

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

2023-04-19 10:05:05 Euro: three barriers. Forecast as of 19.04.2023

Fears that the US will be the only major economy hit by recession and US companies seeking profits abroad are driving the EURUSD rally. However, it has its drawbacks. Let's discuss this topic and make up a trading plan.

Fundamental Euro forecast for six months

Exchange rates are a continuation of monetary policy. When markets expected the Fed to raise the federal funds rate, the USD index rose for 18 consecutive months and reached a 20-year peak in the fall of 2022 during the monetary tightening cycle (the most aggressive in decades). As soon as investors felt the slowdown in monetary... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3orlye1 Open / Comment

2023-04-19 09:30:11 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 19.04.2023

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



The most recent BTCUSD chart section displays that a horizontal correction [4] has been completed inside impulse 5 of (A). This correction has the shape of a contracting triangle. After that, the price rose in the sub-wave [5], which is similar to the impulse (1)-(2)-(3)-(4)-(5). Corrective wave (4) has been completed as a double zigzag W-X-Y. Shortly, expect a rise in sub-wave (5) towards the high... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3A91rDJ Open / Comment