As most technical analysis courses will tell you, there is no “Holy Grail” indicator that can guarantee profits in the forex market. That doesn’t mean you should give up the search for the “best” technical indicator that works for you. Think of technical indicators like kitchen utensils…Gordon Ramsay and a college freshman might both own spatulas, but only one…
Sector Overview: Tech and Semiconductors Slip, Financials Show Stability The semiconductor sector dominated market headlines today with a notable downturn. Major player Nvidia (NVDA) experienced a significant decline of 2.09%, setting the tone for other semiconductor stocks like Advanced Micro Devices (AMD), which fell by 2.00%, and Micron Technology (MU), down by 2.18%. Conversely, the financial sector displayed resilient…
The Copper price has recently fallen significantly from its record high at the end of October of just over $11,000 per ton, Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen notes. Copper prices retreat from October record high “In our view, this represents a healthy correction, as supply concerns had already gone too far without any clear…
2025.11.07 2025.11.07 What Is Market Breadth and How Investors Use It? Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Market breadth indicators are auxiliary tools for analyzing the stock market. They provide a better insight into market movements. If an index is rising, it does not necessarily mean that the overall market is strong, as the move may be driven by only a few large-cap…
After the selling yesterday, we’re starting to see signs of caution again in markets today. Risk appetite held steadier early in the day but is now beginning to turn once more. It’s clear that there’s some modest de-risking taking place across broader markets this week, with Bitcoin once again set to be put to the test of the $100,000…
USD/CAD is holding near multi-month highs above 1.4100 ahead of Canada’s October jobs report, which will test the Bank of Canada’s guidance following last week’s 25bps rate cut, BBH FX analysts report. BOC easing expectations limited by hot inflation “USD/CAD is consolidating near multi-month highs just above 1.4100. Canada’s October labor force survey is the focus (1:30pm London, 8:30am…
2025.11.07 2025.11.07 USD/CHF: Elliott Wave Analysis and Forecast for 07.11.25 – 14.11.25 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 0.8200 with a target of 0.7700 – 0.7500. A sell signal: the price holds below 0.8200. Stop Loss: above 0.8200, Take Profit: 0.7700 –…
Is the trend still our friend on EUR/USD? The pair seems to be in correction mode and is approaching an area of interest visible on its 4-hour time frame. Check out these confluence of technical levels on the potential resistance zone. EUR/USD 4-hour Forex Chart by TradingView In the absence of official U.S. data due to the government shutdown,…
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…
GBP/USD edges lower to near 1.3100 on potential for further BoE rate cuts GBP/USD edges lower around 1.3120 during Asian hours on Friday, after rising 1% over the past two sessions. The pair depreciates as the Pound Sterling (GBP) weakens following the Bank of England’s (BoE) dovish hold in November. The BoE held interest rates steady at 4% on…
