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…
USD/CAD softens to around 1.4300 in Tuesday’s early Asian session. Trump did not impose tariffs on US trading partners on his first day in the White House. BoC’s latest Business Outlook Survey suggested that the overall economic sentiment remains subdued. The USD/CAD pair remains on the defensive around 1.4300 during the early Asian session on Tuesday, pressured by the weakening of…
2025.01.20 2025.01.20 Short-Term Analysis for Oil, Gold, and EURUSD for 20.01.2025 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 the 1.0315…
New Zealand’s services sector PMI from the BNZ – BusinessNZ Performance of Services Index (PSI) for December 2024: 47.9 prior 49.1 New Zealand’s services sector exhibited a faster rate of contraction well below the average of 53.1 over the history of the survey sector has now been in contraction for ten consecutive months Respondents’ comments were heavily focused on…
Argentina Trade Balance (MoM) came in at $1666M, above forecasts ($900M) in December
2025.01.20 2025.01.20 Neo Wave Theory and Pattern Explained Michael Hypovhttps://www.litefinance.org/blog/authors/mikhail-hypov/ The Neo Wave Theory represents a fresh perspective on the Elliott Wave theory, while some analysts label it an advanced refinement of the original. I align more closely with the latter viewpoint, as Glenn Neely’s theory, while exhibiting distinctions from the Elliott Wave concept, utilizes the same fundamental principles…
Trend warriors huddle up! AUD/CAD had a solid week, bouncing from its .8850 lows and inching closer to the .9000 mark today. Will the pair face strong selling pressure at this level? Here’s why the potential resistance zone has our attention: AUD/CAD 4-hour Forex Chart by TradingView If you checked out our FX Weekly Recap, you’ll know that the…
No surprise from Trump so far: I was saved by God to Make America Great Again We will drill, baby, drill We will fill strategic reserves again and export American energy all over the world Will begin overhaul of trade system Will tariff and tax foreign countries to enrich our citizens “It will be massive amounts of money pouring…
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,…
