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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EUR/USD daily chart The break below the 200-day moving average (blue line) last week turned the bias in the pair to being more bearish. And sellers reaffirmed that by holding at the key level amid some pushing and pulling towards the end of last week. Flip over to the new week and it’s been rather one-way traffic with the…

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Scope for USD/THB to trade higher given official concerns over THB, DBS’ FX & Credit Strategist Chang Wei Liang notes. BOT doesn’t want to see rapid moves in the THB “BOT Governor Suthiwartnarueput said today that BOT’s rate cut last week was a ‘recalibration’, and that the BOT also doesn’t want to see rapid moves in the THB, with recent THB…

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2024.10.23 2024.10.23 Short-term Analysis for Oil, Gold, and EURUSD for 23.10.2024 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 the Target Zone…

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Gold prices have been on a tear these days thanks to all that market uncertainty. Is it high time for a correction soon? Better keep your eyes on these potential support zones in case the precious metal goes for a dip! Gold (XAU/USD) 4-hour Chart by TradingView Safe-haven flows seem to be in full swing these days, as investors…

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It’s going to be yet another slow day on the data front as the calendar is pretty empty. The main event will be the Bank of Canada rate decision. We will also hear from central bank speakers although they are unlikely to add anything new at this point. 13:45 GMT/09:45 ET – BoC Rate Decision The Bank of Canada…

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The Indian Rupee receives downward pressure from sustained outflows in Indian equities. Indian PM Modi is set to meet Chinese President Xi Jinping on the second day of the BRICS Summit. The US Dollar appreciates as Treasury yields continue to rise amid increased risk aversion. The Indian Rupee (INR) remains relatively stable against the US Dollar (USD) on Wednesday….

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We’ve got a fresh round of eurozone PMI readings comin’ right up, giving an early glimpse into the region’s performance this month. Here’s what I’m looking out for on EUR/AUD and EUR/CHF in case the numbers look grim. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience…

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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…

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