2024.10.14 2024.10.14 Yen to Take a Load Off. Forecast as of 14.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Japanese government’s verbal interventions have driven USDJPY 7% up from its September trough amid the strength of the U.S. economy. The officials are now gradually backing away from their attacks on the BoJ. Let’s discuss it and make a trading plan. The article covers…
Dip-Buying Boeing (BA) Stock: A Step-by-Step Trade Plan Using the Levitan Method For investors looking to capitalize on long-term opportunities, dip-buying strategies offer a compelling approach. This article presents a structured plan to purchase Boeing (BA) stock using The Levitan Method, a dip-buying strategy designed to accumulate shares at increasingly attractive prices as the stock declines, while maintaining a…
UNH Elliott Wave Analysis Trading Lounge Daily Chart, United Health Group Inc.,(UNH) Daily Chart UNH Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Minor wave 5. Direction: Upside within wave 3. Details: Looking for a bottom in wave 4 to be in place or near completion and consequently further upside towards MediumLevel at 650$. United Health Group Inc., (UNH) 1H…
2024.10.14 2024.10.14 Short-term Analysis for Oil, Gold, and EURUSD for 14.10.2024 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 is trading in a short-term…
We’ve got a fresh batch of U.K. labor market figures comin’ right up! Can the numbers keep the Bank of England (BOE) on its neutral stance or will it tip the scales either dovish or hawkish? Here’s what you need to know about the upcoming jobs report. This Article Is For Premium Members Only Become a Premium…
Looking at the breakdown, producer prices were flat on the month while the drag was mostly from import prices – down 0.4%. This article was written by Justin Low at www.forexlive.com.
The Australian Dollar declines following the lower CPI data from its largest trading partner, China. The Commonwealth Bank of Australia expects the RBA to implement a 25 basis point rate cut in December. The US Dollar appreciates as traders expect the Fed to slow the pace of borrowing cost reductions. The Australian Dollar (AUD) edges lower after two days…
Traders are in for a busy week as the major economies drop their inflation and labor market updates. Meanwhile, the markets will anticipate the ECB’s decision where President Lagarde and her team are expected to cut interest rates by at least 25 basis points. Which potential catalysts should you be on the lookout for? This Article Is…
China ‘stimulus’ briefing: support for business and consumers, financing costs lowered Federal Reserve speakers Tuesday include Kashkari, Waller, and Kashkari a second time NZD: RBNZ Deputy Governor Christian Hawkesby will speak about financial stability Tuesday Bank of England Monetary Policy Committee member Swati Dhingra is speaking Monday PBOC sets USD/ CNY reference rate for today at 7.0723 (vs. estimate…
USD/JPY trades on a stronger note near 149.20 in Monday’s Asian session. The BoJ rate hike uncertainty continues to undermine the JPY, but geopolitical risks might cap its downside. The US PPI supports the case for a Fed rate cut in November. The USD/JPY pair extends its upside to around 149.20 on Monday during the early Asian trading hours….