Following a sharp period of profit-taking on Friday, the price of gold found robust buying interest within a critical Fibonacci correction zone. This key support area, defined by the 38.2% to 50% retracement of the most recent upward trend, spans $4162.28 to $4213.85. The low reached on Friday was $4185.42, validating the significance of this support zone before the…
Gold (XAU/USD) edges higher on Monday, recovering part of Friday’s selloff from record highs around $4,380. At the time of writing, XAU/USD is trading around $4,313 during the American session, up nearly 1.50% on the day. The yellow metal saw its largest intraday drop since mid-May on Friday, sliding 1.76% as investors locked in profits following remarks from US…
2025.10.20 2025.10.20 The Yen Stays Balanced. Forecast as of 20.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The storm surrounding the change of LDP leadership is now history. The Bank of Japan’s reluctance to raise rates while the Fed is cutting them doesn’t help USDJPY, but it doesn’t harm it either. For now, all eyes remain on the trade war. Let’s discuss it and…
Trading psychology books and blogs often talk about the need to “remove” emotions from decisions to get more consistent trading results. But can you really remove emotions from decision making? University of Bergen’s Hans-Rüdiger Pfister and Gisela Böhm argue that emotions are NOT external forces that disrupt an otherwise non-emotional process of making a decision. In fact, they believe…
As mentioned before, don’t hold your breath on meetings such as this one. It’s clear that China played this ace card as a way to control the narrative before the upcoming meeting between Trump and Xi in South Korea. That sets the tone for measured optimism and not for the Trump to bully his way out of this one….
The eurozone calendar is empty until Friday’s PMI and EUR/USD moves will primarily depend on market sentiment about the US credit market. What is important to note is that EUR/USD is spot on its short-term fair value (1.167) despite the recent rally, ING’s FX analyst Francesco Pesole notes. This week’s focus should stay on the US “That is partly…
2025.10.20 2025.10.20 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 20.10.2025 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 buy entries with a target at a high of…
Introduction Not all trading bots are built for the same purpose or the same trader. Grid, DCA, and Arbitrage bots are three of the most common approaches, each with unique mechanics, strengths, and blind spots. On paper, comparing them seems straightforward. In practice, the choice is deeply personal. The bot you choose must align not only with your strategy…
In the European session, we don’t have anything on the agenda other than a couple of low tier releases like the Italian and Eurozone current account figures. In the American session, we just have a couple of Canadian reports like the PPI and the Business Outlook Survey that are unlikely to change anything for the BoC anyway. The focus…
The Australian Dollar (AUD) advances against the US Dollar (USD) on Monday, extending its gains for the second consecutive trading day. The AUD/USD pair remains stronger after the People’s Bank of China (PBOC) decided to keep its interest rates unchanged. China’s central bank left its one- and five-year Loan Prime Rates (LPRs) at 3.00% and 3.50%, respectively. It is…
