The Aussie Has Got a Reprieve. Forecast as of 31.01.2025

2025.01.31 2025.01.31 The Aussie Has Got a Reprieve. Forecast as of 31.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As investors shift their focus from central banks to Trump’s tariff decisions, the RBA’s monetary expansion cycle fades into the background. What’s more noteworthy is the White House’s delay in addressing the situation with China. Let’s discuss it and make a trading plan for AUD/USD….

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White House: Trump has not made up his mind on the tariff timeline for the European Union

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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USD/СAD: Elliott wave analysis and forecast for 31.01.25 – 07.02.25

2025.01.31 2025.01.31 USD/СAD: Elliott Wave Analysis and Forecast for 31.01.25 – 07.02.25 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 1.4255 with a target of 1.4800 – 1.5200. A buy signal: the price holds above 1.4255. Stop Loss: below 1.4200, Take Profit: 1.4800 – 1.5200. Alternative…

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Canadian Dollar recovers ground after quick dip to fresh multi-year lows

The Canadian Dollar recovered 0.65% against the Greenback on Friday. Little of note from Canada to wrap up the week as US Dollar flows dominate. Market sentiment lurched higher after Trump kicks the tariff can down the road. The Canadian Dollar (CAD) is recovering ground on Friday, climbing over six-tenths of one percent against the Greenback. The Loonie briefly…

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EUR/USD: Elliott wave analysis and forecast for 31.01.25 – 07.02.25

2025.01.31 2025.01.31 EUR/USD: Elliott Wave Analysis and Forecast for 31.01.25 – 07.02.25 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 1.0264 with a target of 1.0635 – 1.0940. A buy signal: the price holds above 1.0264. Stop Loss: below 1.0200, Take Profit: 1.0635 – 1.0940. Alternative…

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Mexican Peso treads water as Trump tariffs coming on February 1

Mexican Peso erased gains of 0.61% and turns negatively as Trump’s threat of 25% tariffs would be enacted. The White House denied Reuters’ report about US delaying tariffs implementation to March 1. Mixed US economic indicators and Fed commentary maintain cautious market sentiment. The Mexican Peso (MXN) erases some of its earlier gains and losses ground against the US…

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GBP/USD: Elliott wave analysis and forecast for 31.01.25 – 07.02.25

2025.01.31 2025.01.31 GBP/USD: Elliott Wave Analysis and Forecast for 31.01.25 – 07.02.25 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 1.2153 with a target of 1.2764 – 1.2923. A buy signal: the price holds above 1.2153. Stop Loss: below 1.2100, Take Profit: 1.2764 – 1.2923. Alternative…

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