2024.09.23 2024.09.23 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.09.2024 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: Highlights and key points BTCUSD: the price may rise to 65,000.00 in the impulse wave (5). Consider a long position. XRPUSD: an impulse rise to…

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So you’ve been trading on a demo account for months now and you think you’re ready to go live. But are you REALLY ready? Here are five signs you should look for: 1. You can make profits CONSISTENTLY. Making consistent profits and winning ALL the time aren’t the same. There ain’t a single renowned forex trader who can say…

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The USDCHF has been consolidating since August 20 or so with most of the price action between 0.8400 and 0.8537. That’s not alot of trading range over that time period. Buyers and sellers are battling it out. In the shorter-term, the price action on Friday and again today stalled against the 38.2% retracement of the move down from the…

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EUR/GBP is extending its short and medium-term downtrends.  There is a possibility it could stall temporarily as it has reached its first downside target.  EUR/GBP has broken decisively below the July 18 (2024) low and reached the next key target level at 0.8343.  EUR/GBP Daily Chart  The trend is bearish both in the short and medium-term and given the…

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2024.09.23 2024.09.23 Yen Depends on Fed Actions. Forecast as of 23.09.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ What information did the Bank of Japan wish to withhold from the public at its September meeting? Was it the extent to which policy is a factor? Despite the acceleration of inflation, the Bank of Japan has indicated its intention to proceed with caution, which presents…

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It’s the third week of the month, which means it’s time for a fresh batch of global PMI readings! We’ll also get word from Australia’s and Switzerland’s central banks on their monetary policy decisions and outlook. What are market analysts expecting from these major market-moving events? This Article Is For Premium Members Only Become a Premium…

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AI image This is just a bit of a heads up as the economic calendar on Thursday will be highlighted by a speech from Fed chair Powell. He will be delivering the opening remarks at the 10th annual US Treasury Market Conference. However, his remarks will be ones that are pre-recorded. And based on the agenda, is only scheduled…

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Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $30.51 per troy ounce, down 2.16% from the $31.18 it cost on Friday. Silver prices have increased by 28.20% since the beginning of the year. Unit measure Silver Price Today in USD Troy Ounce 30.51 1 Gram 0.98 The Gold/Silver ratio, which shows the number of…

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2024.09.23 2024.09.23 Short-term Analysis for Oil, Gold, and EURUSD for 23.09.2024 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 has exceeded the September 19 high…

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This dollar pair has been trading sideways recently but also appears to be forming a short-term reversal pattern. So, will USD/CHF stay stuck in consolidation or can it go for an uptrend soon? Better keep this neckline resistance level on your radar! USD/CHF 4-hour Forex Chart by TradingView What’s next for the U.S. dollar now that the Fed surprised…

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