Major assets kicked off the week on solid footing, likely driven by a mix of bargain hunting, easing global growth concerns, and positioning ahead of this week’s potential market movers. Here are the major drivers and moves you may have missed in the previous trading sessions: Headlines: Over the weekend, China’s State Council printed a “special action plan” to…
US officials have recently weighed whether to simplify the task of devising new tariff rates for hundreds of US trading partners by instead sorting nations into one of three tariff tiers, according to sources cited by the WSJ. Trump has repeatedly said reciprocal tariffs would mean “what they charge us, we charge them” but that’s a good talking point…
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2025.03.18 2025.03.18 Gold Enjoys Perfect Bullish Scenario. Forecast as of 18.03.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Trade wars may slow the global economy and spur inflation, creating a favorable environment for gold. Against this backdrop, central banks purchase more gold, and retail investors are increasingly pouring their capital into gold ETFs. Let’s discuss this topic and make a trading plan. The article…
Is the BOJ really gearing up for yet another interest rate hike? Or are they more likely to take things slow and pause for now? Here’s what you need to know when trading this major economic event. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily…
Prior -88.5 Outlook xx vs 50.3 expected Prior 26.0 This article was written by Giuseppe Dellamotta at www.forexlive.com.
USD/CAD may navigate near the three-month low of 1.4151. A break below the ascending channel pattern suggests a shift to bearish sentiment. Immediate resistance stands at the psychological level of 1.4300, followed by the 50-day EMA at 1.4323. USD/CAD continues its losing streak for the third successive session, trading near 1.4290 during European hours on Tuesday. Technical analysis on…
2025.03.18 2025.03.18 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.03.2025 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: Major Takeaways BTCUSD: The price is expected to fall to the previous low. Consider short trades from the current level, setting a take-profit order at…
Is the trend still our friend on GBP/AUD? I’m seeing a major correction taking place on a channel visible on the daily time frame. Take a look at these nearby Fibonacci retracement levels. GBP/AUD Daily Forex Chart by TradingView This sterling pair has been cruising north with its higher lows and higher highs connected by an ascending trend channel…
S&P 500 futures are down 0.4% today as the recovery from yesterday is faltering a bit in the new day. Tech shares are the ones once again lagging as risk sentiment is still in a tight spot after last week’s beating. It’s been four weeks of losses in a row for Wall Street and that will be the tougher…
