The US Dollar continued its slide on Wednesday, retesting multi-day lows against its peers amid a steady unravelling of positions and lingering uncertainty over Trump’s trade policies. Here is what you need to know on Thursday, February 6: The US Dollar Index (DXY) dropped for the third day in a row, extending the breakdown of the 108.00 support helped…
2025.02.05 2025.02.05 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.02.2025 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: Major Takeaways BTCUSD: The decline could continue in the actionary wave . Consider short positions from the current level with Take Profit…
The major assets bounced back on Tuesday with U.S. stocks rising as Trump delayed tariffs on Mexico and Canada, though trade tensions with China kept investors cautious. Meanwhile, the U.S. dollar weakened on softer JOLTS data fueling rate cut expectations, while gold hit a record high amid safe-haven demand. Here’s how your favorite assets traded in the last trading…
The NZDUSD bottomed on Monday within pips of the low from 2022. Since then, the price has been steadily rising. Today, the price moved above what was an old ceiling area between 0.56837 and 0.56917. That area will now be close support for traders. Staying above could lead to another run to the upside with the swing highs from…
European Central Bank (ECB) Governing Board Member Mario Centeno noted that deflationary pressures within the European economy are becoming a concern for policymakers. Dropping interest rates below neutral in order to stimulate the economy may be necessary, according to Centeno. Key highlights Undershooting 2% inflation is a risk if investment doesn’t pick up. We may need to go below…
2025.02.05 2025.02.05 (DASH) Dash Price Prediction for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Dash (DSH) is a prominent cryptocurrency that has garnered the attention of investors due to its high transaction speed and privacy features. Since its inception in 2014, Dash has undergone several substantial upgrades. Despite its inherent price volatility, the cryptocurrency maintains robust demand in the…
In trading, it is very easy to get lost in the game. You get on your trading platform, try to get some pips, and in the process, you usually forget the most basic risk management practices. Here are five everyday habits that might help in limiting your risk exposure: 1. Double, triple, and even quadruple-check your orders Electronic trading has made it…
Total refunding of $125B to raise $18.8B in new cash and refund $106.2B in securities $58 billion in 3s $42 billion in 10s $25 billion in 30s Statement All the numbers are unchanged and that was expected. The Treasury said there would be ‘greater than normal’ bill issuance until the debt ceiling is raised. Bond market participants were worried…
Gold sees investors flock in as fresh all-time hits at $2,877 on Wednesday. Equities dive lower amid Asia reopening after Chinese New Year holidays. Gold sese rally stretch further into af ive-day winning streak. Gold’s price (XAU/USD) rallies for a fifth consecutive day in a row on Wednesday, accounting for more than 2.5% of gains this week and hitting fresh all-time…
2025.02.05 2025.02.05 Mexican Peso Dodges US Tariffs. Forecast as of 05.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ It is unclear whether Donald Trump is attempting to bargain for more benefits for the US or whether he really wants to reshape the international trade system. His words and actions have caused the USDMXN pair to fluctuate significantly. Let’s discuss this topic and make a…
