EUR/GBP edges 0.23% higher on Monday, climbing to 0.8460 with an intraday high of 0.8475. RSI points to overbought conditions yet still allowing further upside. MACD histogram features rising green bars, confirming the pair’s sustained bullish momentum. The EUR/GBP cross advanced further on Monday, reaching 0.8460 and briefly peaking at 0.8475. This steady push higher highlights ongoing buyer dominance,…
2025.01.20 2025.01.20 Top 10 Forex Robots for Automated Trading Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Who earns more on the financial markets: an automated trading expert advisor or a real person? The best Forex robots can analyze the situation thousands of times faster, sort through the possible options and choose the best one. In addition, advisers are not susceptible to human emotions. However,…
In life we usually develop repetitive behavior: we wash our faces when we wake up (at least I hope you do!), we eat lunch around noon, we wash our hands after meals, and go to sleep at a specific time. We develop daily routines that help us get through the day. And as creatures of habit, we also go…
I went away for a week to Dubai and it feels like I’m coming back to a different world. The incoming US President launched a memecoin that ballooned his net worth by around $30 billion. That was followed by a similar coin launch from First Lady Malania Trump. CoinTelegraph reports that Trump’s World Liberty Financial also bought WorldLiberty.eth, trumpcoin.eth,…
Australian Dollar (AUD) is expected to trade in a 0.6165/0.6220 range. In the longer run, for the time being, AUD is likely to trade in a 0.6140/0.6245 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. The buildup in momentum seems to have faded 24-HOUR VIEW: “We indicated last Friday that ‘the current price movements are…
2025.01.20 2025.01.20 BoJ Keeps Door Open for Rate Hike. Forecast as of 20.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of Japan has demonstrated a notable degree of inconsistency in its policies, leading to significant fluctuations in the USDJPY exchange rate. In December, Kazuo Ueda had no intention of raising the overnight rate in January. Today, he keeps the door open for…
Just when it seemed that this pair dipped below its long-term range bottom, price jumped back above the support zone! Can it keep losses in check from here? Look at these inflection points I’m watching on the 4-hour time frame: NZD/JPY 4-hour Forex Chart by TradingView Shifting monetary policy expectations for both the Reserve Bank of New Zealand (RBNZ)…
Love him. Hate him. He certainly does live up to the memes and this time, quite literally. Trump launched his own cryptocurrency over the weekend, dubbed $TRUMP and it has already generated roughly $12 billion in market cap (the high was $14 billion overnight). It is sparking a buying frenzy in the crypto space and Bitcoin is now catching…
EUR/USD recovers to near 1.0300 as the risk mode is on, with investors focusing on Trump’s inauguration. The Fed is expected to keep interest rates at their current levels by the May policy meeting. ECB’s Stournaras warns that higher tariffs by the US could drag Eurozone inflation below the central bank’s target. EUR/USD rises sharply to near 1.0300 in…
2025.01.20 2025.01.20 US Dollar to Weaken on Trump’s Phased Tariffs. Forecast as of 20.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ During his first presidential term, Donald Trump initially bolstered the economy through fiscal stimulus measures, subsequently slowing it down by implementing tariffs. In the current term, however, the approach will be reversed. How will the EURUSD pair respond to this? Let’s discuss this…
