XAU/USD: Elliott wave analysis and forecast for 10.01.25 – 17.01.25

2025.01.10 2025.01.10 XAU/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 2728.40 with a target of 2500.00 – 2418.82. A sell signal: the price holds below 2728.40. Stop Loss: above 2735.00, Take Profit: 2500.00 –…

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5 Reasons Why Newbies Give Up Forex Trading

Like many high-performance endeavors, success in trading takes time, patience, and a lot of practice. This is why not many newbies successfully trade currencies on their first try. In fact, popular trading discussions estimate that only 2% of newbie traders eventually make money. So what makes it hard for beginners to stick to trading anyway? I’ve learned of countless…

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Silver price today: rises on January 10

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $30.29 per troy ounce, up 0.63% from the $30.10 it cost on Thursday. Silver prices have increased by 4.83% since the beginning of the year. Unit measure Silver Price Today in USD Troy Ounce 30.29 1 Gram 0.97 The Gold/Silver ratio, which shows the number of…

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Technical analysis for USCrude, XAUUSD, and EURUSD today (10 January 2025)

2025.01.10 2025.01.10 Short-Term Analysis for Oil, Gold, and EURUSD for 10.01.2025 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. The euro is testing the key support…

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US Dollar holds near multi-year highs ahead of key jobs report

Here is what you need to know on Friday, January 10: Following Thursday’s quiet action in financial markets, the US Dollar (USD) stays resilient against its major rivals in the European morning on Friday. In the early American session, the US Bureau of Labor Statistics will release the jobs report for December, which will feature Nonfarm Payrolls (NFP), Unemployment…

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US Dollar Leaves All Its Counterparts Behind. Forecast as of 10.01.2025

2025.01.10 2025.01.10 US Dollar Leaves All Its Counterparts Behind. Forecast as of 10.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of England’s decision to follow the Fed and put its monetary policy cycle on pause exacerbates the debt crisis in the UK. This has prompted other regulators to trim interest rates, supporting the US dollar. Let’s discuss this topic and make a…

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It’s all about the US jobs report today

US non-farm payrolls The trend is clear in that the US labour market has been softening after a robust rebound in the post-Covid era. That is to be expected but we’re now approaching the stage in which market players had been expecting this to lead to a soft landing in the US economy since last year. Instead, the US…

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