The price of Platinum also came under pressure in the wake of the correction in Gold and Silver, Commerzbank’s commodity analyst Carsten Fritsch notes. China abolishes tax rebate for Platinum imports “In contrast to the two precious metals mentioned, Platinum has recovered most of its losses and is trading at around $1,610 per troy ounce this morning. This is…
2025.10.24 2025.10.24 XAU/USD: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25 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 4,007.50 with a target of 4,500.00 – 4,700.00. A buy signal: the price holds above 4,007.50. Stop Loss: below 3,965.00, Take Profit: 4,500.00 – 4,700.00. Alternative…
Anyone who has spent considerable time trading forex will tell you that there’s no “holy grail,” or one indicator, method, strategy, or system that would yield you forex trading profits 100% of the time. In fact, consistently profitable traders will more likely tell you that losing is as much part of trading as winning. But since shady brokers like…
Trump just tweeted out that: “THE STOCK MARKET IS STRONGER THAN EVER BEFORE BECAUSE OF TARIFFS!” Which follows up from: “THE UNITED STATES IS WEALTHY, POWERFUL, AND NATIONALLY SECURE AGAIN, ALL BECAUSE OF TARIFFS! THE MOST IMPORTANT CASE EVER IS IN THE UNITED STATES SUPREME COURT. GOD BLESS AMERICA!!!” And after he blasted Canada again on trade in mentioning…
The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for September on Friday at 12:30 GMT. Markets will look for fresh signs of how US President Donald Trump’s tariffs are feeding through to prices. Therefore, the US Dollar (USD) could experience volatility on the CPI release, as the data could…
2025.10.24 2025.10.24 Short-Term Analysis for Oil, Gold, and EURUSD for 24.10.2025 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil is trying to break above the…
Prior 50.8 Manufacturing PMI 49.6 vs 46.6 expected Prior 46.2 Composite PMI 51.1 vs 50.6 expected Prior 50.1 Key Findings: Faster rate of UK private sector output growth recorded in October, while cost inflation eases to 11-month low Comment: Chris Williamson, Chief Business Economist at S&P Global Market Intelligence: “October’s flash UK PMI survey brings hope that September was…
Germany HCOB Composite PMI came in at 53.8, above expectations (51.6) in October
2025.10.24 2025.10.24 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.10.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The final part of a bullish impulse appears to be developing. Consider opening long positions with a target at a high…
NZD/JPY has been pacing back and forth inside a range visible on its 4-hour time frame. Now that it’s closing in on the top, could it go for a breakout next? Or will it slide back to the bottom again? NZD/JPY 4-hour Forex Chart by TradingView This Kiwi pair has been finding support around the 85.60 area and resistance…
