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…
2025.11.06 2025.11.06 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.11.2025 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 the bearish impulse appears to be forming, with its completion expected near the 98,794.62. low….
GBP/CAD is approaching a key inflection point after finding support earlier this month. Will the broken support level serve as resistance this time? We’re checkin’ out the pair’s 4-hour chart! GBP/CAD 4-hour Forex Chart by TradingView Traders backed away from risk on Thursday as worries over U.S. growth and the government shutdown talk dragged on. That meant selling currencies…
North Korea have fired off another ballistic missile This article was written by Eamonn Sheridan at investinglive.com.
Australian Dollar (AUD) declines against the US Dollar (USD) on Friday, extending its losses for the second successive session. The AUD/USD pair remains weaker ahead of China’s Trade Balance data due later in the day. The AUD could receive support as Washington plans to halt penalties on China’s shipbuilding sector. The Office of the United States (US) Trade Representative…
2025.11.06 2025.11.06 Short-Term Analysis for Oil, Gold, and EURUSD for 06.11.2025 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 testing the support (A) 59.57–59.29….
