2024.10.17 2024.10.17 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 17.10.2024 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: the price may rise to the previous high again. Consider long positions from the current level with Take…

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WTI crude oil is taking a breather from its weekly losses by hanging out at a key technical support zone. Is the Black Crack ready for a bullish swing? We’re taking a closer look at USOIL’s 4-hour time frame: WTI Crude Oil (USOIL) 4-hour Chart by TradingView In case you missed it, U.S. crude oil prices have been taking…

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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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EUR/JPY drifts lower amid bets for another ECB interest rate cut later this Thursday. The BoJ uncertainty and a positive risk tone cap the JPY, lending support to EUR/JPY. Traders keenly await the ECB rate decision and cues about the further policy path. The EUR/JPY cross attracts fresh sellers during the Asian session on Thursday, with bears still awaiting…

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After a strong start to the month, EUR/AUD has lost its bullish momentum and looks set to extend a longer-term downtrend. Will EUR/AUD see losses in the next trading sessions? Check out what’s up on the 4-hour time frame! EUR/AUD 4-hour Forex Chart by TradingView If you’re trading this week’s European Central Bank (ECB) decision, you know President Lagarde…

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Most recently from G: Fed’s Goolsbee: Inflation came in around expectations, improvement on housing Fed’s Goolsbee: Inflation has cooled, labour market remains strong 1500 GMT/1100 US Eastern time: Federal Reserve Bank of Chicago President Austan Goolsbee gives welcome remarks before the Fifth Annual Exploring Career Pathways in Economics and Related Fields Conference This article was written by Eamonn Sheridan…

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Gold price challenges all-time peak and draws support from a combination of factors. Expected rate cuts by major central banks and geopolitical risks boost the XAU/USD. Bulls seem rather unaffected by the recent USD rally, to its highest level since August.  Gold price (XAU/USD) built on its uptrend witnessed over the past week or so and retested the all-time…

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2024.10.16 2024.10.16 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 16.10.2024 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: the price may rise to the previous high again. Consider long positions from the current level with Take…

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New Zealand’s quarterly CPI reading came in slightly weaker than expected at 0.6% versus 0.7% in Q2 2024, bringing the annual inflation reading down from 3.3% to 2.2% – well within the central bank’s 1-3% target range. This marks the slowest year-on-year pace of increase in price pressures since early 2021 and the first time the annual CPI figure…

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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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