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2024.12.27 2024.12.27 Confluence trading strategies in Forex Market Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ In trading theory, confluence is the use of two or more different instruments that filter and confirm each other’s signals. The most common combination is technical analysis indicators with trend lines, key levels, Fibonacci levels, and Price Action patterns. A trading system in which the instruments complement each other…
Stock heatmap by FinViz.com Fri, 27 Dec 2024 14:46:03 GMT Tech and Consumer Cyclicals Lead Today’s Market Declines Today’s market landscape saw notable declines in tech and consumer cyclical sectors, with significant drops across major stocks. Investors appear cautious as uncertainties loom across various sectors. 
Technology Sector: Under Significant Pressure Across the technology sector, widespread declines were observed….
The US Dollar trades broadly stable in very calm holiday trading Monthly Industrial Production in Japan fell by 2.3%, less than the expected 3.5%, while big Chinese manufacturers also reported falling profits. The US Dollar Index (DXY) slides below 108.00, though remains close to a two-year high. The US Dollar (USD) is trading a touch softer this Friday, with…
2024.12.27 2024.12.27 Margin Account vs. Cash Account Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ To trade securities, you need to open an account with a brokerage company. Stock brokers offer two main types of accounts, cash accounts and margin accounts. Trading on a cash account with securities taken on credit is excluded, and on a margin account, it is possible upon making a preliminary…
AltimaCRM by Intivion Technologies, one of the most innovative Forex CRM solutions on the market, will be attending the upcoming iFX EXPO Dubai 2025. Held on January 14-16 at the Dubai World Trade Centre, AltimaCRM will be showcasing its cutting-edge management tools to a global audience of brokers, prop firms, trading platform providers, and more. Attendees looking for scalable…
Silver price drops sharply to near $29.60 as US bond yields rise on expectations that the Fed will follow gradual rate-cut cycle in 2025. Heightened geopolitical tensions in Middle East failed to uplift the Silver price. The outlook of the Silver price has weakened amid a breakdown of the upward-sloping trendline around $30.00. Silver price (XAG/USD) falls to near…
2024.12.27 2024.12.27 EUR/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.0536 with a target of 1.0193 – 1.0000. A sell signal: the price holds below 1.0536. Stop Loss: above 1.0565, Take Profit: 1.0193 – 1.0000. Alternative…
At the end of the day, policymakers can and will spin the narrative to however they see fit with their decision. And with the BOJ these days, the leaked reports leading up to their meeting seem to be the more important part of the narrative. The latest inflation numbers from Japan’s capital here today might just keep things in…
EUR/USD oscillates around 1.0400 amid thin trading volume, while its broader outlook remains weak amid a firm US Dollar. The Greenback remains firm as the Fed is expected to deliver fewer interest rate cuts in 2025. Investors expect the ECB to reduce its Deposit Facility rate by a further 100 bps next year. US Initial Jobless Claims for the…
