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2021-04-07 11:19:28 Short-term analysis for oil, gold, and EURUSD for 07.04.2021

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.

The euro price is testing the Target Zone 1.1880 - 1.1864.



Oil price forecast for today: USCrude analysis

Yesterday oil traders tested the short-term downtrend's key resistance 60.45 - 60.20. The price didn't break out the zone. A subsequent decline can be observed. Also, yesterday a "false breakout" pattern for oil sales was formed.

Today, it is reasonable to enter sales according... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cKto Open / Comment

2021-04-07 10:24:59 Euro is about to rebound. Forecast as of 07.04.2021

The market sometimes goes too far, and the US dollar is no exception. In early spring, the dollar was growing too fast, and investors are now revising the situation. The EURUSD bulls are not as week as it was thought before. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Monthly euro fundamental forecast

The future consists of what we already know and what we have yet to learn. Hardly anyone was surprised by the increased US GDP forecasts for 2021 from 5.1% to 6.4%. However, the IMF upgraded the growth projections for China, paying for... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/c06l Open / Comment

2021-04-07 09:06:22 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 07.04.2021

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.

The final section of the BTCUSD uptrend could be concluded by an ending diagonal.



Elliott wave Bitcoin analysis



The most recent chart section displays a series of the fifth impulse waves. Let us look at the upward impulse wave 5 marked with the sub-waves [1]-[2]-[3]-[4]-[5]. The final leg of this pattern, wave [5] of a smaller degree, is likely to be unfolding as an ending diagonal. Wave (4) ended at a level... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/c0uZ Open / Comment

2021-04-06 18:29:20 What affects gold prices? Exploring the Gold Market

Gold is the most ancient legendary asset, humanity's curse and blessing. The precious metal that was once used as money but has lost its appeal in recent years. Loads of legends, fantasies, and rumours surround it. The asset that can both yield profits and cause disappointment. This article doesn't claim to be exhaustive, but we will try to find out what drives gold prices and who is responsible for the fluctuation of gold prices. Also, we are going to discuss how to earn and save money when buying gold. 



Dollar and gold as measures of value

Gold is a precious metal... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cJr8 Open / Comment

2021-04-06 15:32:19 A hot dog with a taste of disappointment

A lot of FREE useful articles: http://my.liteforex.com/ Open / Comment

2021-04-06 13:58:46 Gold changes its course. Forecast as of 06.04.2021

XAUUSD prices were unable to drop more than 20% from the levels of August record highs and move to the bear market. What will this mean for gold? Let us analyze the gold outlook and make up a trading plan.

Monthly gold fundamental forecast

Even though the first quarter for gold was the worst since 2016, and its price reached the target of $1,675 per ounce set in the previous article, my attitude towards the precious metal is changing. Over the past four weeks, I have recommended traders to focus on selling XAUUSD. Now the inability of traders to lower prices into the bear... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cuiQ Open / Comment

2021-04-06 11:16:26 Short-term analysis for oil, gold, and EURUSD for 06.04.2021

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.

Gold traders are trying to break out the resistance - Target Zone 1732 - 1727. If the price closes higher at the US session, the next growth target will be Gold Zone 1755 - 1752. 



Oil price forecast for today: USCrude analysis

Yesterday, the short-term oil trend reversed down. As a result of the reversal, last week's low was updated, and level... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cuYa Open / Comment

2021-04-06 10:36:33 Dollar got into a time trap. Forecast as of 06.04.2021

The market often mocks at investors. When the majority is confident in the continuation of a currency growth, its exchange rate is falling, and vice versa. The crucial thing under such conditions is not to miss the start of a new trend. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Monthly US dollar fundamental forecast

I have many times written that the US dollar won’t rise on the US strong domestic data in April like it did on weak reports in March. In March, the major growth driver for the greenback was the Treasury yields... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cDb0 Open / Comment

2021-04-06 09:27:16 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 06.04.2021

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 are following the scenario earlier suggested. The Ripple market has changed the expected trajectory. Let us explore the market situation for each pair in more detail.



Elliott wave Bitcoin analysis



Bitcoin continues developing the upward impulse wave 5 of a smaller degree. Wave 5 is composed of five sub-waves [1]-[2]-[3]-[4]-[5]. The first four parts of this impulse have completed. After the zigzag-shaped correction [4] finished, the price has started... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cDFn Open / Comment

2021-04-05 16:24:04 1-2-3 Pattern: candlestick model trading

Trend is your friend, trade along the trend. This trivial truth looks at any beginner trader from every textbook on technical analysis. It would seem that nothing is easier: determine the direction of price movement, wait for the correction and buy something that has become cheaper if the market is dominated by bulls; or sell something that is more expensive if the initiative belongs to the bears. In reality, it's not so simple. The desire to act together with the crowd often turns into losses. Ultimately, if the majority were always right, the sun would still rotate around the Earth.... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/ciyv Open / Comment