Silver struggles to maintain momentum, hovering near the 100-day SMA at $30.34 with a downward bias. Potential further decline could see silver test key supports at $30.00 and the 200-day SMA at $28.63. A rebound above $31.00 could challenge higher resistances, targeting the 50-day SMA at $31.51 and beyond. Silver’s price fell over 0.70% beneath $30.30 after robust US…
2024.11.15 2024.11.15 Short-term Analysis for Oil, Gold, and EURUSD for 15.11.2024 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. Gold is trading in a short-term downtrend….
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…
NZD/USD pair traded volatile during Friday’s session, clearing all of its daily gains. Pair initially soared to a high around 0.5970 near the 20-day SMA before erasing all the gains towards 0.5850. The RSI signaled that buying pressure recovered as it neared the oversold area with a rise in slope. The NZD/USD saw a volatile session on Friday, initially…
2024.11.15 2024.11.15 Symmetrical Triangle Pattern – What is it & How Does it Work? Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ A “Symmetrical triangle” is a notable technical analysis pattern that helps traders make more informed decisions. The pattern arises when trend lines converge, indicating an equilibrium between buyers and sellers. The price fluctuates within a range, reflecting a temporary uncertainty in the market….
Credit Agricole argues that despite similarities, 2025 will not be a redux of the USD’s 2018 rally driven by Trump-era policies. Differences in economic conditions, monetary policy, and the USD’s current strength suggest that the dynamics underpinning the dollar’s movement will differ significantly from 2018. Key Points: Divergent Economic and Monetary Conditions: In 2018, strong US growth and rising…
Key points Buffett’s Q3 portfolio moves continue to reflect a cautious stance: The latest 13F filing by Warren Buffett’s Berkshire Hathaway indicates a significant sell-off in some of the conglomerate’s largest holdings. Reducing major stakes in Apple and Bank of America: Buffett has scaled back Berkshire’s positions in key stocks, including a 25% reduction in Apple and a 23%…
2024.11.15 2024.11.15 AT&T Stock Forecast: Will Shares Ever Recover? Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ AT&T demonstrates a boost in 5G and fiber subscriptions, adding 403,000 mobile customers and 226,000 fiber optic subscribers in the third quarter of 2024. The company’s revenue has climbed to $30.2 billion, with earnings per share hitting $0.60, exceeding analysts’ expectations. However, high debt load and strong competition…
Everything is always on the policy table Asked about a Dec cut, said he doesn’t like to tie his hands before data We are going to be looking at rate cuts along the lines of the Sept Fed projections Recent inflation has been higher than target, if that’s extended then it’s too high Not a lot has changed in…
EUR/JPY sank on Friday to near 163.10 after a 0.72% decline on the day. Pair’s price action plunged to 163.00 after facing rejection at the 164.00 SMA. The MACD and RSI technical indicators signaled increasing selling pressure, contributing to the pair’s downtrend. The EUR/JPY currency pair witnessed a significant decline on Friday, losing 0.72% to reach a low of 163.10….
