2024.11.13 2024.11.13 Short-term Analysis for Oil, Gold, and EURUSD for 13.11.2024 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 continues to trade in a short-term…

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Australia is expected to add fewer jobs in October, which could fuel calls for the RBA to join the global interest rate cut gang. What are the markets expecting from this week’s event, and how does the Australian dollar usually react to the results? We have the points you need to know if you’re trading the event!…

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USD/JPY is extending its gains. So far no intervention type comments out of Japan – rapid, speculative, excess volatility …. blah, blah, blah. Nope, nothing. Yet at least. I thought we would haves seen some open mouths by now. This article was written by Eamonn Sheridan at www.forexlive.com.

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USD/CAD extends the rally to around 1.4000 in Thursday’s early Asian session.  US CPI matched estimates in October.  The expectation of a more aggressive rate cut from the BoC than the Fed, lower crude oil prices weigh on the Loonie.  The USD/CAD pair gains momentum to near 1.4000, the highest level since 2020 during the early Asian session on…

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2024.11.13 2024.11.13 PBOC Forced to Devalue Yuan. Forecast as of 13.11.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The previous trade war slowed China’s GDP growth. This time, the country’s economy is already fragile, and tariffs could weaken it even more. How to navigate this challenging environment? Let’s discuss this topic and make a trading plan for the USDCNH pair. The article covers the…

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Markets showed mixed sentiment today as traders likely positioned themselves ahead of FOMC members’ speeches, while bitcoin continued its post-election rally to fresh highs. Check out which headlines influenced price action in the financial markets in the past trading sessions: Headlines: Australia Westpac-MI consumer sentiment slowed from 6.2% to 5.3% in November NAB: Australia business confidence jumped from -2…

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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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Federal Reserve (Fed) Bank of Kansas President Jeffrey Schmid made a rare appearance on Wednesday, flagging potential pitfalls on the path toward lower interest rates. The head of the Kansas Fed also took a potshot at market participants who insist on hoping and praying for a return to near-zero interest rates that most financial segments became accustomed to over…

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2024.11.13 2024.11.13 Tesla (TSLA) Stock Forecast for 2024 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Tesla Inc. is one of the largest U.S. corporations and a global leader in electric vehicle design and electricity generation and storage, thanks to its resilient business strategies and innovation. The value of TSLA shares has increased by more than 93% over the past six months since…

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The Australian dollar could see increased volatility in the next trading sessions as we see the latest employment numbers from the Land Down Under. Our Event Guide for Australia’s Jobs Report suggests that the economy has continued to add jobs in October, but maybe at a slower pace compared to September. This is why we’re anticipating further…

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