2024.10.23 2024.10.23 Dollar Triumphs Over Its Adversaries. Forecast as of 23.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Trump trade, American exceptionalism, and the Fed’s slow pace have restored the U.S. dollar’s dominance. If this continues, the U.S. currency may become the year’s top performer. Let’s discuss it and make a trading plan for the EURUSD. The article covers the following subjects: Highlights and…

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France, Germany, and the Euro Area are printing their October PMIs this week! What are the markets expecting and how may the releases affect the euro’s intraweek trends? We have the points you need if you’re trading the releases! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free…

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AI image Several Fed officials — including Powell — cited the Beige Book as one of their reasons for cutting 50 basis points in September. There is a belief at the Fed that anecdotal data is often better at capturing turning points than hard numbers, particularly in lagging data like employment. The September Beige Book was dour but it…

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2024.10.23 2024.10.23 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.10.2024 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Highlights and key points BTCUSD: a horizontal correction is completed, and a bearish trend has begun developing. Consider opening short positions from…

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The Euro Area is about to drop the first results of its October business surveys! Word around is that the markets expect slightly better numbers from the region compared to the previous month. Our Event Guide for the Eurozone October PMIs points out that we could see upticks in France and Germany’s manufacturing and services sectors, which may boost…

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US stocks have extended their fall with the NASDAQ index now down 1% on the day. The Dow industrial average is down -0.88% and the S&P index is down -0.69%. Shares of Nvidia are down -2.45% at $139.95 after extending to a new all-time high price at $144.42 during yesterday’s trading. Since the August 5 low at $90.69, the…

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Crude Oil faces selling pressure, pushing Crude Oil prices back to $70.00. Traders piled into safe havens such as the US Dollar, while bonds and equities are diving lower.  The US Dollar Index looks set for more upside after breaking above 103.80 and tested 104.00. Crude Oil is erasing its efforts from its earlier two-day rally on Wednesday after the…

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2024.10.23 2024.10.23 Silver Surges Amidst Armed Conflicts. Forecast as of 23.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Secrets are bound to come to light eventually. The use of silver in the military industry has resulted in a larger market deficit than official data indicates. Numerous projects are shrouded in secrecy. Let’s discuss this topic and make a trading plan for the XAGUSD pair. The article…

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If you want to make money in forex trading and consistently do so, it’s important to review proven trading methods and techniques on a regular basis. Here are some forex tips that might help: 1. Learn to limit your losses. The science of successful trading is less dependent on making profits, but rather on avoiding losses. The need to restrict drawdowns and prevent…

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