EUR/CHF has shown renewed bullish momentum in recent sessions, pushing up from the 0.9300 area to test a significant technical resistance confluence around the 0.9400 handle. Check out these key inflection points we’re watching on the 4-hour time frame: EUR/CHF 4-hour Forex Chart by TradingView EUR/CHF has been caught in a wide consolidation pattern through December, following a grinding…
The USDJPY moved lower in the US session but after getting within 11 pips of the rising 100 hour MA. THe price has since bounced back to 157.84 currently as the buyers remain in firm control. THe last time the price tested the 100 hour MA was back on December 17 adn Deceember 18 before the FOMC rate decision….
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2024.12.27 2024.12.27 Confluence trading strategies in Forex Market Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ In trading theory, confluence is the use of two or more different instruments that filter and confirm each other’s signals. The most common combination is technical analysis indicators with trend lines, key levels, Fibonacci levels, and Price Action patterns. A trading system in which the instruments complement each other…
Stock heatmap by FinViz.com Fri, 27 Dec 2024 14:46:03 GMT Tech and Consumer Cyclicals Lead Today’s Market Declines Today’s market landscape saw notable declines in tech and consumer cyclical sectors, with significant drops across major stocks. Investors appear cautious as uncertainties loom across various sectors. 
Technology Sector: Under Significant Pressure Across the technology sector, widespread declines were observed….
The US Dollar trades broadly stable in very calm holiday trading Monthly Industrial Production in Japan fell by 2.3%, less than the expected 3.5%, while big Chinese manufacturers also reported falling profits. The US Dollar Index (DXY) slides below 108.00, though remains close to a two-year high. The US Dollar (USD) is trading a touch softer this Friday, with…
2024.12.27 2024.12.27 Margin Account vs. Cash Account Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ To trade securities, you need to open an account with a brokerage company. Stock brokers offer two main types of accounts, cash accounts and margin accounts. Trading on a cash account with securities taken on credit is excluded, and on a margin account, it is possible upon making a preliminary…
AltimaCRM by Intivion Technologies, one of the most innovative Forex CRM solutions on the market, will be attending the upcoming iFX EXPO Dubai 2025. Held on January 14-16 at the Dubai World Trade Centre, AltimaCRM will be showcasing its cutting-edge management tools to a global audience of brokers, prop firms, trading platform providers, and more. Attendees looking for scalable…
Silver price drops sharply to near $29.60 as US bond yields rise on expectations that the Fed will follow gradual rate-cut cycle in 2025. Heightened geopolitical tensions in Middle East failed to uplift the Silver price. The outlook of the Silver price has weakened amid a breakdown of the upward-sloping trendline around $30.00. Silver price (XAG/USD) falls to near…
2024.12.27 2024.12.27 EUR/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 1.0536 with a target of 1.0193 – 1.0000. A sell signal: the price holds below 1.0536. Stop Loss: above 1.0565, Take Profit: 1.0193 – 1.0000. Alternative…
