LiteFinance

2021-03-16 11:46:57 Short-term analysis for oil, gold, and EURUSD for 16.03.2021

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.

On Monday, oil prices fell and reached the short-term uptrend key support 64.16 - 63.93, which led to a short-term increase in the rate and a test of resistance 65.50.



Oil price forecast for today: USCrude analysis

On Monday, oil prices fell and reached the short-term uptrend key support 64.16 - 63.93, which led to a short-term increase in the rate and a test of resistance... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QLfv Open / Comment

2021-03-16 10:06:52 Dollar is calm before the storm. Forecast as of 16.03.2021

The EURUSD is trading in a narrow trading range ahead of one of the most important Fed meetings. It is natural, and investors do not want to risk. Traders are waiting for Jerome Powell’s speech to get clues on the Fed’s future policy. Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

Markets worry because of the Fed’s patience. The Treasury yield is rallying up, reminding the taper tantrum of 2013. Derivatives signal the interest rates should be up in the first quarter. However, 75% of Bloomberg experts believe that the FOMC... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QX5h Open / Comment

2021-03-16 08:57:52 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 16.03.2021

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.

Bitcoin and Ethereum should have completed the corrective waves, so the prices should be rising in impulse waves.



Elliott wave Bitcoin analysis



The BTCUSD market is now rising in the upward impulse wave. There have finished the two first small sub-waves [1] and [2]. Next, the market has started forming a more powerful impulse wave [3]. The bearish corrective wave (4) can have completed as a zigzag. It signals the market should... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QX35 Open / Comment

2021-03-15 16:35:36 AAPL Apple Stock Forecast for 2021 and Beyond

Apple stock price forecast seems to be on a lot of investors’ minds - over the last few years, it has been one of the top stocks to trade. While many agree that Apple has good revenue growth prospects, reflecting its long-term sustainable competitive advantages, there is a lot to talk about. 



In this article, we’re presenting Apple stock projections based on historical probability and fundamental analyses from renowned publications. 



Apple Stock Price History (2017-2020)

To keep this section brief, we’re going to focus on the AAPL stock performance for the last 5 years. 

In November 2017, Apple announced financial... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QFEw Open / Comment

2021-03-15 14:08:35 Fed to lend Pound a helping hand. Forecast as of 15.03.2021

While the pandemic has had a considerable impact on the UK economy, the Bank of England and the OECD are optimistic. This is what keeps GBPUSD from a deep correction. How will the pair react to central bank meetings? Let us discuss the Forex outlook and make up a trading plan.

Weekly pound fundamental forecast

The British pound rattled its buyers' nerves, falling to a month low against the US dollar amid a rapid recovery of the US economy, a rapid rally in Treasury yields, and the Fed's unwillingness to stop it. At the same time, as soon as the world... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QwoG Open / Comment

2021-03-15 11:40:13 Short-term analysis for oil, gold, and EURUSD for 15.03.2021

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.

Last week, the euro/dollar short-term trend reversed up and approached the Target Zone 1.2011 - 1.1995.



Oil price forecast for today: USCrude analysis

Last week on Thursday, the short-term oil trend reversed up. Intermediary Zone 65.57 - 65.35 was broken out. The US session closed higher. The growth target for the current week is the Target Zone 68.06 - 67.61.

Now the bulls... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/Qwvu Open / Comment

2021-03-15 10:19:49 Dollar has a double bottom. Forecast as of 15.03.2021

It looks as if the divergence in the economic expansion, monetary policies, and the bond yields growth rates should have broken down the EURUSD uptrend. Is it really so? Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

The market moves so unexpectedly that conspiracy theories appear very frequently. However, large traders cannot afford to act like the Reddit traders as they will instantly be charged with the manipulations and could be sent to prison. Cheating is investors’ minds. They are wishful thinking and act according to what they see on the... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/Qwmr Open / Comment

2021-03-15 08:58:10 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 15.03.2021

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.

The BTCUSD and the ETHUSD should continue rising in the impulse wave over the next few days. The XRPUSD should shortly finish the triangle corrective wave, which will be followed by the price decline in the impulse.



Elliott wave Bitcoin analysis



The BTCUSD pair completed the corrective down wave 4 as a simple zigzag [A]-[B]-[C]. Next, the price started rising in the impulse. There have completed sub-waves [1]and [2], and the impulse... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/Q2MX Open / Comment

2021-03-14 15:25:38 Economic calendar for the week 15.03.2021 – 21.03.2021

Review of the main events of the Forex economic calendar for the next trading week (15.03.2021 – 21.03.2021)

Trading on key Forex news: next week we are expecting the publication of important macro statistics from China, Australia, the US, Canada, as well as the results of the meetings of the central banks of the US, Great Britain and Japan.

The sale of US government bonds continues, which contributes to the growth of their yield and the strengthening of the dollar. The yield of 10-year US bonds last week renewed a 13-month high at 1.635%.

American stock indices also mainly rose... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QH5Y Open / Comment

2021-03-14 06:08:24 Average True Range Indicator: improve your trading with volatility measure

The ATR (Average True Range) indicator is a tool for measuring relative volatility levels. 

The ATR meaning tells us how much the price has changed in a current period compared with previous periods. It is used in trend strategies to assess a trend reversal probability and determine the moment when the market starts trending. It also serves to place Stop Loss and Take Profit orders and is used for estimating the range's width when trading based on channel strategies. 

The indicator is included by default in many trading platforms and applied as an auxiliary indicator combined with Price Action and... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QHGL Open / Comment