If you ask a room full of consistently profitable forex traders what their “secret sauce” is, you’ll probably hear one word again and again: consistency. Sounds simple, right? Well, not really. Achieving consistency in your execution is one of the toughest challenges in trading. Contrary to what rebels may tell you, rules aren’t made to be broken in forex….
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…
The US Dollar was rejected again at the 0.8000 psychological level against the Swiss Franc, and is trading lower on Friday, weighed by a moderate risk appetite. The pair, however, remains trading range-bound within the weekly range, with 0.7930 holding downside attempts for now. The US Dollar edged up on Thursday, as Fed Dallas President Lorie Logan warned about…
2025.10.03 2025.10.03 USD/CAD: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 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 1.3763 with a target of 1.4168 – 1.4316. A buy signal: the price holds above 1.3763. Stop Loss: below 1.3700, Take Profit: 1.4168 – 1.4316. Alternative…
The ascending trend line is holding up pretty well for AUD/NZD and it looks like another test of support is coming up. Is the trend still our friend? AUD/NZD 4-hour Forex Chart by TradingView AUD/NZD has been forming higher lows connected by a rising trend line that’s been holding since mid-August, as monetary policy divergences between the RBA and…
Eurostoxx +0.3% Germany DAX +0.2% France CAC 40 +0.3% UK FTSE +0.3% Spain IBEX +0.9% Italy FTSE MIB +0.6% The mood music is helped by gains in Wall Street yesterday as well, albeit marginal. US futures are continuing to hold up as well, with S&P 500 futures seen higher by 0.2% as we get the session underway. No non-farm…
The US Dollar has reversed earlier gains against the Japanese Yen, and retreated below the 147.00 level on the European morning session, turning negative on daily charts and hitting session lows at 146.75 so far. The pair has come under increasing bearish pressure, with the US Dollar losing ground across the board. The Dollar remains vulnerable amid concerns about…
2025.10.02 2025.10.02 General Electric Stock Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ General Electric (GE) is one of the largest industrial companies in the world. The company has undergone major restructuring and now focuses on the aerospace sector. As a result, GE shares are showing robust growth and attracting investors’ attention. This article reviews current…
EUR/GBP turned higher from a mid-channel level and now looks ready to make another run at a big resistance zone. How high can EUR/GBP fly before the bears step in again? We’re taking a closer look at September’s highs! EUR/GBP 4-hour Forex Chart by TradingView The euro has gained ground against the British pound in recent trading sessions, as…
Federal Reserve Vice Chair Philip Jefferson will give a speech on the US Economic Outlook and the Fed’s Monetary Policy Framework at the Drexel Economic Forum in Philadelphia, Pennsylvania. 1340 US Eastern time / 1740 GMT New York Federal Reserve Bank President John Williams gives a keynote before the Klaas Knot Farewell Symposium organized by De Nederlandsche Bank (DNB)…
