USD/MXN dips below 50-day SMA at 20.42, trading at 20.27. Weak US Retail Sales and softer PPI sub-components fuel Fed easing expectations. Mexico’s Retail Sales, Banxico minutes, and Q4 GDP are in focus this week. The Mexican Peso (MXN) extended its gains versus the US Dollar (USD), clearing key support at the 50-day Simple Moving Average (SMA) of 20.42…
2025.02.17 2025.02.17 Short-Term Analysis for Oil, Gold, and EURUSD for 17.02.2025 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. The euro reached its key growth target…
Our Event Guide for the RBA’s February decision notes that leading indicators and the Bank’s dovish guidance in December could lead to a 25bps rate cut this week. If the RBA focuses on growth risks and signals more rate cuts ahead, the Australian dollar could lose pips to its major counterparts. Here’s why AUD/JPY and AUD/CAD may…
Trade Compass – NASDAQ Futures (February 17, 2025, and perhaps for this week, depending on how NQ price develops… Check out these key price levels on the map) NASDAQ Futures is currently trading at 22,230, sitting just slightly below today’s VWAP, which is around 22,233. At this moment, the market is neutral, and Trade Compass remains inactive until price…
European Central Bank (ECB) Governing Council member and head of the Austrian central bank, Oesterreichische Nationalbank (OeNB) noted on Monday that warning signs that the ECB may undershoot inflation targets are growing, but overall inflation figures are still lopsided and make policy moves difficult. Key highlights Danger of undershooting 2% is not a reason to cut. With core at 2.7%, ECB…
2025.02.17 2025.02.17 Best Days to Trade Forex: Unlocking Profit Potential with Strategic Timing Artem Parshinhttps://www.litefinance.org/blog/authors/artem-parshin/ Choosing the optimal time to trade Forex is key to a good trading strategy. It is important to consider the activity of trading sessions, the periods of volatility of currency pairs, and economic news. Understanding when to trade on Forex helps reduce risks and…
You can be highly motivated to trade, have abundant capital, and have a dummy-proof trading system, but you can still encounter losses if you fail to concentrate. Even had a hard time working in a crowded Starbucks or studying in a noisy library? It’s easy to concentrate when we are in a quiet room or when we feel calm…
Securities Canadians C$ 3.77 billion versus C$17.65 billion last month Securities foreigners C$ 14.37 billion versus C$13.84 billion last month Foreign investors increased their exposure to Canadian securities by $14.37 billion in December, mainly in debt securities. Meanwhile, Canadian investors acquired $3.77 billion of foreign securities, down from a $17.65 billion investment in November. As a result, international transactions…
Gold is heading back above $2,900 in a rather soft trading day. Geopolitical headlines will take over markets this week with headlines around Ukraine. A daily close above $2,900 would be beneficial for more upside in Gold this week. Gold’s price (XAU/USD) is orbiting around $2,900 again at the time of writing on Monday after its steep correction on…
2025.02.17 2025.02.17 Yen Benefits From Monetary Policy Divergence. Forecast as of 17.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ In light of the recent significant rate cuts by most major central banks worldwide, the Bank of Japan’s decision to maintain its rates has led to a shift in market sentiment, favoring a bearish outlook for the EURJPY and GBPJPY exchange rates. Let’s discuss this…
