2024.11.08 2024.11.08 How to Trade EURUSD – Best Forex Strategies Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Today, I will deal with the most popular Forex trading asset – the EURUSD pair. We shall dive into the history of EURUSD, explore modern trends, and have a look at euro-dollar trading strategies. This overview will be of interest to both beginners and professionals! The article…

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Markets rode a rollercoaster with Trump’s election victory, dovish rate cuts from the Fed and BOE, and strong Chinese trade data driving major FX moves.

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The USDCAD has dipped below the 100 hour MA at 1.3900. Last week, the price dipped below the MA but failed after finding support at a swing level, and bounced. This is another try that gives the sellers a win, IF the sellers can continue the momentum going. If so, the 200 hour MA becomes the next key target>…

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EUR/USD rises further around 1.0890 on Eurozone upbeat GDP growth and hot inflation. ECB Lagarde sees more interest-rate cuts and said she is hopeful about inflation returning to the bank’s target of 2%. The US Dollar will be influenced by the US presidential election, NFP, and the ISM Manufacturing PMI data. EUR/USD extends its upside to near 1.0890 in Thursday’s North American session following Wednesday’s…

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2024.10.31 2024.10.31 Stellar (XLM) Price Prediction for 2024, 2025-2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Stellar is a blockchain platform focusing on cross-border payments and remittances. The native Lumens token (XLM) facilitates transactions by acting as an intermediary for exchanging currencies and reducing fees. The Stellar project is actively fostering partnerships with various financial institutions, including those focused on remittances and…

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It was another volatile day in the financial markets, as currencies and asset classes dealt with a handful of top-tier catalysts. Not only did Uncle Sam print the Q3 advance GDP, but Australia also released its quarterly inflation report while big tech companies like Meta and Microsoft released earnings figures. Check out the latest headlines driving price action! Headlines:…

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Why it’s important? The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound of…

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Labour’s large tax-and-spend budget – described by some as an ‘old Labour’ policy – is still reverberating across UK asset markets, ING’s FX analyst Chris Turner notes. New Gilt supply coming dangerously close to £300bn “The Pound Sterling (GBP) briefly got a lift yesterday on the view that the budget was stimulative and that the Bank of England easing cycle would need…

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2024.10.31 2024.10.31 Short-term Analysis for Oil, Gold, and EURUSD for 31.10.2024 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. The euro continued to correct yesterday. The…

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