Australian Dollar (AUD) could rise above 0.6540; it is unlikely to reach the next resistance at 0.6555. In the longer run, AUD is slightly positive, and it is likely to edge higher to 0.6555, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. AUD is slightly positive 24-HOUR VIEW: “When AUD was at 0.6505 in the early…
2025.08.29 2025.08.29 XAU/USD: Elliott Wave Analysis and Forecast for 29.08.25 – 05.09.25 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 3,311.50 with a target of 3,600.00 – 3,800.00. A buy signal: the price holds above 3,311.50. Stop Loss: below 3,265.00, Take Profit: 3,600.00 – 3,800.00. Alternative…
With market sentiment shifting on a dime these days, it’s important to make sure that you’re able to adjust your forex strategy. You see, staying profitable in the long-run requires you to be able to adapt to constantly changing market conditions. Ever stop to think how casinos actually work and make money? Casinos rake in a ton of dough every…
Nomura highlights that concerns are starting to grow on the Fed’s independence and if that continues, would represent a structural bearish factor against the dollar. As things stand, the greenback is already facing headwinds from the Fed poised to ease monetary policy, softer US growth momentum, and policy divergences with the likes of Europe and Japan. As such, Nomura…
AUD/USD climbs to near 0.6530 as the US Dollar has been battered by firm Fed dovish expectations. Fed’s Williams supports interest rate cuts to boost GDP growth. Traders doubt whether the RBA will cut interest rates again in the policy meeting next month. The AUD/USD pair advances to near 0.6530 during the European trading session on Thursday. The Aussie…
2025.08.29 2025.08.29 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.08.2025 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 correction is completed. Expect the price to rise in sub-wave 5 to a high of 124,560.00. Consider long positions….
Risk assets had a good day on Thursday thanks to a mix of economic and earnings data, geopolitical updates, and positioning ahead of Friday’s US core PCE release. The dollar stayed weak, while stocks, gold, and bitcoin held gains despite geopolitical jitters. Here’s how major asset classes performed in the latest trading sessions! Headlines: Russian missile and drone attack…
Prior +1.0% HICP +0.8% vs +0.9% y/y expected Prior +0.9% The monthly headline figure does show that consumer prices are seen up another 0.4%, up for three straight months now. But the headline annual estimate is seen moderating a little with services inflation in particular easing to 2.1% from 2.5% in July. This article was written by Justin Low…
The US Dollar (USD) has spent most of August range trading between 97.50/75 and the upper 98 region in DXY terms and so it continues as month end approaches, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD range trade continues ahead of month end & key data releases “Spot trading remains on the light side in…
2025.08.28 2025.08.28 Short-Term Analysis for Oil, Gold, and EURUSD for 28.08.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Short-term forecast for oil, gold, and euro-dollar…
