2024.12.27 2024.12.27 USD/СAD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.4319 with a target of 1.4800 – 1.5200. A buy signal: the price holds above 1.4319. Stop Loss: below 1.4280, Take Profit: 1.4800 – 1.5200. Alternative…

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The EURUSD moved higher in the early European market and in doing so, extended above the falling 200-hour MA (green line currently at 1.04286). The high price reached 1.04433 which was short of the highs from earlier this week and the high from last Friday near 1.0448. Those highs stalled ahead of a swing area between 1.0448 and 1.0461…

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2024.12.27 2024.12.27 USD/CHF: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 0.9220 with a target of 0.8586 – 0.8386. A sell signal: the price holds below 0.9220. Stop Loss: above 0.9250, Take Profit: 0.8586 –…

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The European major indices are closing higher on the day. That runs counter to the moves seen in the US stock indices which are down sharply as money rebalances out of US and into Europe (at least today). The final numbers are showing: German DAX, +0.68% France’s CAC, +1.0% UK’s FTSE 100, +0.16% Spain’s Ibex, +0.5% Italy’s FTSE MIB…

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2024.12.27 2024.12.27 Silver Will Take Revenge. Forecast as of 27.12.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Silver has outrun gold for a long time in 2024, but the Trump trade hit XAG/USD harder than XAU/USD, leading to silver’s final defeat. Will anything change next year? Let’s discuss it and make a trading plan. The article covers the following subjects: Major Takeaways The Trump trade…

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CFD broker Investizo has announced an improvement in trading conditions: now the company’s clients can trade cryptocurrencies with 1:200 leverage. This is one of the first offerings of its kind in the industry. The updated leverage is available for more than 30 popular cryptocurrency pairs such as BTCUSDT, ETHUSDT, LTCUSDT, XRPUSDT and others. This offering aims to empower traders….

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AUD/USD consolidates around 0.6200 amid thin trading volume following the Christmas and Boxing Day holidays. The RBA becomes confident over inflation easing in line with their expectations. The Fed turns cautious in interest rate cuts as progress in inflation towards the central bank’s target of 2% has stalled. The AUD/USD pair trades in a very tight range near the…

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2024.12.27 2024.12.27 GBP/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.2664 with a target of 1.2240 – 1.1900. A sell signal: the price holds below 1.2664. Stop Loss: above 1.2690, Take Profit: 1.2240 – 1.1900. Alternative…

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