2026.01.30 2026.01.30 Silver Set a Trap for Speculators. Forecast as of 30.01.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Frenzied demand for silver, led by China, pushed XAG/USD to a record high above 120. Citigroup said the rally would extend to 150. However, the sell-off appears to be a bubble bursting. Let’s discuss this and outline a trading plan. The article covers the following…
BTC/USD just had a big down day, dropping to ~84,400 and closing below the lower line of its Bollinger Bands. When price moves this far out of its “normal” range, it often catches traders’ attention because it can signal two things: either the price may bounce back toward its average, or the downward move might continue. In the next…
The Canadian dollar is down against the US dollar but it’s actually outperforming every currency aside from the dollar. That’s a better read on how the loonie has reacted to the latest Trump tariff threats than USD/CAD alone, which is up 105 pips to 1.3594. Even with that pair, if you zoom out over a couple weeks, today’s climb…
EUR/USD drops during the North American session, down by 0.75% amid a session characterized by overall US Dollar strength, sponsored by Trump’s mild-hawkish pick to lead the Federal Reserve and an inflation report that warrants steady rates by the Federal Reserve. At the time of writing, the pair traded at 1.1882 down from daily highs of 1.1974. Euro sinks…
2026.01.30 2026.01.30 GBP/USD: Elliott Wave Analysis and Forecast for 30.01.26–06.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3342 with a target of 1.4050–1.4300. A buy signal: the price holds above 1.3342. Stop Loss: below 1.3342, Take Profit: 1.4050–1.4300. Alternative scenario: Breakout and consolidation below the…
The final week of January 2026 delivered some of the most dramatic forex market action in recent memory, as currency traders navigated a perfect storm of policy uncertainty, precious metals carnage, and whiplash-inducing dollar volatility. What started as speculation about coordinated yen intervention evolved into a full-blown currency policy debate after President Trump’s eyebrow-raising comments about dollar weakness, only…
Markets: Gold down $530 to $4860 Silver down $33 to $82.70 WTI crude oil up 47-cents to $65.90 S&P 500 down 0.4% Nasdaq down 0.9% US 10-year yields up 1.8 bps to 4.24% USD leads, AUD lags It was a day for the ages in the precious metals market as gold fell 10% and silver fell 30% in its…
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2026.01.30 2026.01.30 WTI Crude Oil: Elliott Wave Analysis and Forecast for 30.01.26–06.02.26 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 70.00 with a target of 50.50–45.00. A sell signal: the price holds below 70.00. Stop Loss: above 70.00, Take Profit: 50.50–45.00. Alternative scenario: Breakout…
Most of us perceive that keeping a cool head in the midst of a large drawdown is the key to becoming consistently profitable. Keeping track of your forex trading performance and emotions when you’re winning is just as important. You wouldn’t want to lose your mojo while you’re on a winning streak, would you? If you answered “NO,” then you better watch for…
