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2021-03-19 13:48:21 USDCHF: Elliott wave analysis and forecast for 19.03.2021 – 26.03.2021

Main scenario: Consider short positions from corrections below the level of 0.9372 with a target of 0.9137 – 0.9063.

Alternative scenario: breakout and consolidation above the level of 0.9372 will allow the pair to continue rising to the levels of 0.9508 – 0.9681.

Analysis: Presumably, the descending first wave of larger degree (1) of 5 finished developing on the daily time frame, with wave 5 of (1) formed inside. An ascending correction started developing as wave (2) on the H4 time frame, with wave A of (2) formed inside. Apparently, downward correction is developing as wave B of (2) on... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QbyH Open / Comment

2021-03-19 13:26:52 USDCAD: Elliott wave analysis and forecast for 19.03.2021 – 26.03.2021

Main scenario: consider short positions from corrections below the level of 1.2740 with a target of 1.2300 – 1.2200.

Alternative scenario: breakout and consolidation above the level of 1.2740 will allow the pair to continue rising to the levels of 1.2989 – 1.3308.

Analysis: Daily time frame: wave (С) of 4 of larger degree continues developing, with the first wave 1 of (C) forming inside. The fifth wave v of 1 is forming on the H4 time frame, with wave (v) of v of smaller degree developing inside. The third wave of smaller degree iii of (v) appeared to have... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QbCJ Open / Comment

2021-03-19 11:37:29 Short-term analysis for oil, gold, and EURUSD for 19.03.2021

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 collapse of oil prices occurred yesterday after breaking out the Intermediary Zone 64.16 - 63.93.



Oil price forecast for today: USCrude analysis

The collapse of oil prices occurred yesterday after breaking out the Intermediary Zone 64.16 - 63.93. The short-term trend reversed down. As a result, the Target and Gold Zones were reached. The latter is a strong support at 59.63 -... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/Q6Kc Open / Comment

2021-03-19 10:08:09 Dollar is one of a kind. Forecast as of 19.03.2021

In ordinary life, people do not really like those who stand out, but in the market, such companies, countries, or currencies attract everyone's attention. In 2021, the unique path of the US economic development drives the EURUSD down. Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

Exclusivity. An essential term for financial markets. Usually, the world’s economies develop in sync; they contract during the global recession and expand in the recovery period. However, if any country goes along a different path, the local currency becomes the strongest. For example, the yuan... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/Q6gS Open / Comment

2021-03-19 09:16:01 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 19.03.2021

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.

Ethereum is about to finish the corrective wave, so the price should soon start rising in the impulse wave.



Elliott wave Bitcoin analysis



There is now forming the fifth wave of a large impulse. Within this wave, there is forming the bullish sub-wave [3], which is an impulse. After the downward correction (4) finished, there has started developing the initial part of the impulse wave (5), which is the final leg of impulse... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/Q6f2 Open / Comment

2021-03-18 19:05:45 Platinum Price Forecast: 2021 and Beyond

In this article, we examine whether platinum could be an interesting investment for the coming years. We will discuss the price development of recent years; then, we will look at the current price. We’ll discuss the applications of platinum, the platinum price forecast, and the causes of the price drop. Finally, we will look at the opportunities of investing in the precious metal PL. What is the future of platinum prices? Read on to find out.



Platinum: A Recent History

Platinum began 2020 at $985 an ounce and ended the year at slightly above $1,000 an ounce. Over the past... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QcyY Open / Comment

2021-03-18 15:37:15 Many traders neglect it... but in vain

Check your SL: my.liteforex.com Open / Comment

2021-03-18 15:25:17 Gold acts too impulsive. Forecast as of 18.03.2021

It would seem that the strong dollar and growing US Treasury yields should have forced the XAUUSD bulls to give in, but they continue to resist. The question arises, for how long? Let us discuss the Forex outlook and make up a gold trading plan.

Fundamental gold forecast for a week

Looking at how strong gold was ahead of the FOMC meeting against the backdrop of growing US Treasury yields and the US dollar's strengthening, I caught myself thinking that the precious metal was waiting for the Fed's verdict. As a result, the gold price soared to a 2-week high, but the EURUSD bulls'... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QQqr Open / Comment

2021-03-18 11:48:18 Short-term analysis for oil, gold, and EURUSD for 18.03.2021

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 bulls have taken full control of the situation. After the news from the Fed, the Intermediary Zone 1731 - 1726 was broken out.



Oil price forecast for today: USCrude analysis

On Monday, March 15, traders defined the trading channel to open positions within which trading is carried out. Monday candle range: 66.42 - 64.18. On Tuesday, Wednesday and today, sellers are trying... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/Q55s Open / Comment

2021-03-18 10:06:22 The Fed rules the world. Forecast as of 18.03.2021

Although Jerome Powell didn’t directly express his attitude to the greenback strengthening, his comments on the US impact on the global economic growth clarified much. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

Few would oppose that the markets are now expensive, and this circumstance results from the Fed’s assistance. That is why investors are rather responsive to the changes in the US central bank policy. The Federal Reserve confirmed that it doesn’t worry about the surge in the Treasury yields. The Fed significantly upgraded its forecast for the US... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/Q5A9 Open / Comment