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2021-04-20 09:24:05 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 20.04.2021

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.

All cryptocurrency pairs covered in the article continue forming descending double zigzags.



Elliott wave Bitcoin analysis



The most recent BTCUSD chart section displays the bearish double zigzag W-X-Y currently unfolding. Sub-wave W has completed as a triple zigzag. There is now forming the linking wave X, which is likely to be a double zigzag [W]-[X]-[Y]. The down wave [X] must have competed, so the price should be soon rising in the zigzag-shaped... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/6nMm Open / Comment

2021-04-19 14:28:37 LiteFinance pinned «Be sure to tell your friends after watching the new video! Hurry up and watch it!

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2021-04-19 14:15:30 Conditions look favorable for gold. Forecast as of 19.04.2021

Unlike the oil market, where prices are based on supply and demand for a physical asset, the gold price is determined by other factors. Let us analyze the gold outlook and make up a trading plan

Monthly gold fundamental forecast

Banks and investment companies are trying to find reasons for the soaring gold price by analyzing the rise in Indian imports to a 2-year high of 98.6 tons, strong demand for physical assets in China, and even the collapse of Bitcoin after the launch of Coinbase. At the same time, technical analysts associate the precious metal's rise with prices exceeding the 50-day... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/6lbB Open / Comment

2021-04-19 11:14:46 Short-term analysis for oil, gold, and EURUSD for 19.04.2021

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.

Last week, gold price reached Target Zone 2 1782 - 1777.



Oil price forecast for today: USCrude analysis

The short-term oil trend is up. From Friday to Monday, oil corrected to the trend key support 62.86. The level is being held by traders. Look for a buy pattern and buy oil with a target at 63.81.

If during today's trading session the level... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/6lyo Open / Comment

2021-04-19 10:37:53 Will the EURUSD rally continue? Forecast as of 19.04.2021

The decline in the Treasury yields and the S&P 500 rally create a favorable foreign environment for the EURUSD. However, the uptrend will hardly be steady without positive news from Europe. Let us discuss the Forex outlook and make up a trading plan.

Weekly euro fundamental forecast

Christine Lagarde compared the euro area with a patient walking out of intensive care with the support of two crutches. However, many patients recover much faster than doctors expect them to. The vaccination speed in Europe is increasing, and there were more than 100 million doses injected in the week ended April 16. So,... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/6lfN Open / Comment

2021-04-19 09:24:11 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 19.04.2021

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 started forming double zigzags; Ripple is forming a standard zigzag (A)-(B)-(C). 



Elliott wave Bitcoin analysis



The BTCUSD market must have completed the impulse wave (A). Its final leg is an ending diagonal. There is forming the initial part of the bearish double zigzag. The first sub-wave W may have finished as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. In the near future, there should be forming the upward linking wave X. The... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/6lzE Open / Comment

2021-04-18 16:24:25 Economic calendar for the week 19.04.2021 – 25.04.2021

Review of the main events of the Forex economic calendar for the next trading week (19.04.2021 – 25.04.2021)

Trading on key Forex news: next week we expect the publication of important macro statistics from the UK, Eurozone, New Zealand, the US, Germany, Australia, as well as the results of meetings of the central banks of Canada and the Eurozone.

The dollar fell again last week, while the DXY dollar index lost another 0.7% declining for the second week in a row. It looks like the positive factors of fiscal stimulus and relatively high rates of vaccination in the US are... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/6pTw Open / Comment

2021-04-18 15:20:08 Be sure to tell your friends after watching the new video!
Hurry up and watch it!



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2021-04-16 15:27:49 XAUUSD: Elliott wave analysis and forecast for 16.04.21 – 23.04.21

Main scenario: consider long positions from corrections above the level of 1722.83 with a target of 1817.95 – 1851.32.

Alternative scenario: breakout and consolidation below the level of 1722.83 will allow the pair to continue declining to the levels of 1675.55 – 1650.00.

Analysis: The ascending third wave of larger degree (3) formed on the daily time frame, and a descending correction developed as wave (4), supposedly. Wave С of (4) appears to have formed on the H4 time frame, with wave v of C completed as part of it. Supposedly, the fifth wave (5) started developing on the H1... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/6YeY Open / Comment

2021-04-16 15:21:03 When Elon Musk isn't tweeting about your crypt and you really need a long

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