Data released Sunday by Rightmove showed a 1.5% fall average asking prices for UK houses in August. Prices were 0.8% higher in the year, however, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Low 1.29 area should remain well-supported for now “The Pound Sterling (GBP) has made marginal progress on the day so far and continues to look relatively comfortable…
2024.08.19 2024.08.19 Bitcoin Price Forecast & Predictions for 2024, 2025–2030, and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Bitcoin is the world’s first cryptocurrency with the highest value. Investors and traders are highly interested in Bitcoin’s uniqueness, growth potential, and ability to influence other cryptocurrencies. With a market cap of $539,114,505,737, the Bitcoin exchange rate directly impacts other digital assets. This article reviews…
I’m seeing a textbook break and retest situation forming on the daily time frame of NZD/CHF! Will this area of interest hold as a ceiling this time? Take a look at this long-term potential support-turned-resistance zone I’m watching: NZD/CHF Daily Forex Chart by TradingView Missed that bearish breakdown and selloff on NZD/CHF recently? The pair could be gearing up…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
USD/CAD loses ground following the dovish comments from the Fed officials. San Francisco Fed President Mary Daly emphasized that the US central bank should reduce rates gradually. The upside of the commodity-linked CAD could be retrained due to lower crude Oil prices. USD/CAD retraces its recent gains from the previous two sessions, trading around 1.3670 during Monday’s European hours….
2024.08.19 2024.08.19 Short-term Analysis for Oil, Gold, and EURUSD for 19.08.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, 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 has reached all its bullish…
Brent crude oil prices may be using a broken trend line resistance as a support zone. Will oil prices bounce from the potential technical support area in the next few days? We’re looking at UKOIL’s 4-hour chart today! Brent Crude Oil (UKOIL) 4-hour Chart by TradingView If you missed our latest global recap, you should know that the previous…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
The Japanese Yen advances as traders expect the BoJ to implement another rate hike in the near term. Japan’s Machinery Orders rose by 2.1% MoM in June, surpassing the expected 1.1% rise. The US Dollar loses ground as dovish Fedspeak raises odds of a Fed rate cut in September. The Japanese Yen (JPY) appreciates for the second consecutive day…
With the Bank of Canada (BOC) already in its easing era, will the upcoming Canadian CPI figures convince policymakers to announce another rate cut soon? Here’s what number crunchers are projecting for the inflation report and how the Loonie reacted to previous releases: This Article Is For Premium Members Only Become a Premium member for full website access,…