Most traders spend a lot of time and effort picking their trade entries but forget to plan their exits. But what use is a well-timed and properly executed entry if you aren’t able to minimize your losses or maximize gains? As you’ve probably learned through experience, the market doesn’t always go your way. Even if you’ve done all the…
The USDCHF moved down on Friday and once again moved closer to the low of the up and down swing area that has confined most of the trading going back to around August 20. The low for that swing area comes in near 0.8400, and on Friday and again today, that area was tested and ultimately found support. The…
While testifying before the European Parliament’s Committee on Economic and Monetary Affairs on Monday, European Central Bank (ECB) President Christine Lagarde said that they expect the economic recovery in the Eurozone to strengthen over time. Key takeaways “Looking ahead, the suppressed level of some survey indicators suggests that the recovery is facing headwinds.” “The labour market remains resilient.” “Employment…
2024.09.30 2024.09.30 Yen Soars After New LDP Leader Elected. Forecast as of 30.09.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The new Prime Minister of Japan holds hawkish views, which will allow the Bank of Japan to continue normalizing monetary policy and contribute to the downtrend on the USDJPY pair. Let’s discuss this topic and make a trading plan. The article covers the following…
With market participants looking forward to the NFP release later this week, could clues from the ISM manufacturing PMI steer the dollar in a clear direction early on? Here’s what number crunchers are predicting for this report and how USD pairs might react. This Article Is For Premium Members Only Become a Premium member for full website access,…
Fundamental Overview Last week, the PBoC announced lots of easing measures ranging from short to long term interest rates cuts. Copper rallied strongly as China makes up for more than 50% of copper demand. Things are starting to look better for the market as we have also the Fed cutting rates into a resilient economy. Central bank easing generally…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
2024.09.30 2024.09.30 Short-term Analysis for Oil, Gold, and EURUSD for 30.09.2024 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. Oil is growing after hitting the short-term…
EUR/GBP seems to be bracing for the upcoming flash eurozone CPI report, as the pair is consolidating tightly in a small triangle pattern. Which way will it go? Expectations are for another dip in price pressures for September, and leading indicators are pointing to cooler price pressures for the month. This Article Is For Premium Members…
In annual terms, house prices grew by 3.2% year-on-year and that’s the fastest growth in two years. The average price of a typical dwelling in the UK is at £266,094 as of the month. Nationwide notes that: “Income growth has continued to outstrip house price growth in recent months while borrowing costs have edged lower amid expectations that the…
