2024.11.25 2024.11.25 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 25.11.2024 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: Bullish momentum continues. Consider long positions from the current level with Take Profit at 102,246.00. XRPUSD: The price is expected to…

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Australia has its CPI report lined up this week, and traders are keen to find out if sticky price pressures are still likely to keep the RBA hawkish. Our Event Guide for the October CPI release lists a handful of leading indicators suggesting elevated consumer inflation for the month, possibly supporting expectations for restrictive RBA monetary policy for much…

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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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The Japanese Yen jumps back closer to last week’s swing high against its American counterpart.  Retreating US bond yields prompts some USD profit-taking and benefits the lower-yielding JPY. The BoJ uncertainty and the risk-on mood might cap any further gains for the safe-haven JPY. The Japanese Yen (JPY) strengthens against its American counterpart at the start of a new…

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Heads up, Aussie traders! The Land Down Under has its October CPI report up for release soon, likely influencing RBA monetary policy expectations. Here are the points you need to know when trading this top-tier economic event. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily…

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People’s Bank of China issue a one year MLF at 2% 900bn yuan added 1445bn yuan in MLF mature today net 550bn yuan drain This article was written by Eamonn Sheridan at www.forexlive.com.

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Gold price attracts some buyers to near $2,720 in Monday’s early Asian session. Heightened geopolitical tensions between Russia and Ukraine lift the Gold price.  The cautious stance from the Fed might cap the upside for Gold.  The Gold price (XAU/USD) jumps to around $2,720 during the early Asian session on Monday. The sell-off in the US Dollar (USD) provides…

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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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Crude Oil back on track for 5% weekly gain after volatile Friday ride. US PMI release revealed US economy exceptionalism back on track.  The US Dollar Index broke a fresh two-year high and gets to keep those gains heading into the last trading hours for this week.  Crude Oil price is set to close off this week above $70…

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Bessent and ex-Fed Warsh were two front runners, Bessent has been given the nod. Bessent background, in brief: was the CIO of Soros Fund Management founder of Key Square Capital Management, a hedge fund came out for the MAGA movement after working for Soros donated to Trump’s presidential campaign, has donated to Democrats also advised Trump on economic policy…

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