2024.08.12 2024.08.12 Euro to Dollar (EURUSD) Forecast for 2024-2025 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ EURUSD is one of the major currency pairs. It means that it’s one of the most traded pairs in Forex. However, traders around the globe try to predict its future price for more than opening successful trades. The direction of EURUSD may reflect the strength of…
Brace yourselves, fellow traders! We’re in for another wild ride since this trading week is filled to the brim with major news catalysts. One of the main events on the docket is the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision, but we’re also likely to see volatile action during the release of U.S. CPI and PPI…
A RCP US election poll sees: Harris 47.6% Trump 47.1% A virtual dead heat. Polls are nice, but it will be the swing states that will likely determine the next president. Key swing states include: Wisconsin Michigan Ohio Pennsylvania Georgia Arizona Both candidates have the potential to win the popular vote but lose election because they lose the swing…
Oil price jumps higher for a fourth consecutive day on Monday. Traders send Oil prices higher on trimmed demand outlook from OPEC. The US Dollar Index trades at a pivotal level after being glued to it since last week. Oil price jumps higher for a fourth straight day in a row on Monday. Oil traders are sending Crude prices…
2024.08.12 2024.08.12 Verizon Forecast & Predictions for 2024, 2025-2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Verizon Communications Inc. (#VZ) is a leading telecommunications company in the United States, with a diverse customer base and a robust revenue stream. The company operates in an industry that is considered relatively resilient to economic cycles, as communications services are in demand even at times of…
One of the most popular discussions about trading is how much a trader should risk per trade. A lot of them go by the standard 1% to 2% while the more aggressive ones sometimes recommend risking as much as 5%. What you should understand is that taking risks is not a one-dimensional pursuit. Sure, there are basic rules you…
Hedge funds have been safeguarding against a global economic slowdown via commodity shorts in all likelihood. Bloomberg data showed a net short of 153K contracts across 20 raw-materials markets in the latest week, that’s the most since at least 2011. The positioning is particularly stark in oil, where the net was cut by 110 million barrels through Tuesday in…
EUR/GBP finds interim cushion near 0.8550 with investors focusing on the UK data. UK’s Average Earnings Excluding Bonuses are estimated to have declined to 4.6% from the prior release of 5.7%. EUR/GBP is on the verge of delivering a Falling Wedge breakout. The EUR/GBP pair discovers a temporary support near 0.8550 in Monday’s European session after a two-day correction…
2024.08.12 2024.08.12 Yen Triggers Market Turmoil. Forecast as of 12.08.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ For an extended period, the yen was constrained by the considerable disparity between the Fed and Bank of Japan interest rates. However, in late July and early August, the currency managed to overcome this roadblock, triggering a significant market turmoil. Let’s discuss this topic and make a…
I’m seeing a simple range setup on the hourly chart of EUR/GBP, as traders are likely holding out for top-tier U.K. data. Can the upcoming jobs figures spur a bounce or a break? Check out these near-term inflection points I’m watching! This Article Is For Premium Members Only Become a Premium member for full website access,…