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…
Gold price trades higher as investors turn cautious ahead of Trump-Zelenskyy meeting. US President Trump and Russian leader Putin met each other in Alaska on Friday. Traders are confident that the Fed will cut interest rates in September. Gold price (XAU/USD) moves higher to near $3,360 during the European trading session on Monday. The precious metal gains as financial…
2025.08.18 2025.08.18 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.08.2025 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 price may grow within a bullish impulse. Consider buy entries with a target of 124,560.00. XRPUSD: The zigzag-shaped correction (B)…
So, you’ve heard that all eyes are on the Jackson Hole Economic Symposium, and you’re wondering why every trader (from pros to meme-stock aficionados) is glued to their screens. Don’t worry—I’ll walk you through what’s happening, why it matters, and what this could mean for your trading journey! What is Jackson Hole and Fed Policy Recalibration? Every August, central…
Trump If everything works out well we will have a trilateral meeting Trump:think progress is being made. Possibility that something could come out of the Putin meeting Will work with Ukraine and all to make sure peace stays There will be a lot of help on security Zelenskyy: Thanks Trump for his efforts Need to stop the war Ready…
Euro (EUR) could continue to rebound, but any advance may be limited to a test of 1.1730. Outlook is mixed; for the time being, EUR is likely to trade in a range of 1.1630/1.1755, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR is likely to trade in a range 24-HOUR VIEW: “EUR fell sharply last…
2025.08.18 2025.08.18 Three Drives Pattern: A Powerful Tool for Reversal Trading Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ A Three Drives pattern is one of the key technical analysis tools that helps traders pinpoint price reversals. This harmonic pattern simplifies the prediction of price swings, as it is based on three equal impulses and corrections. The pattern can be used in various trading strategies…
GBP/CAD has formed higher lows and found resistance close to a major psychological level, creating an ascending triangle on its daily chart. Can it bust through the top soon? Take a look at these potential targets I’m watching on the long-term time frame! GBP/CAD Daily Forex Chart by TradingView Stronger U.K. fundamentals, as supported by an upside surprise in…
Meanwhile, back to the other war with Ukraine and Russia, Trump posts: A big day at the White House. We have never had so many European leaders here at one time. A great honor for America!!! Let’s see what results will be??? Pres DJT. OK. Ego booster for the Pres. Those who will be in Washington today include: French…
The markets are off to a slow start, with low vol summertime trading still overshadowing broader developments, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret note. USD little changed as attentions shifts to Powell comments due Friday “There is clearly much to digest and understand from Friday’s Trump/Putin meeting—details may become clearer with today’s gathering in Washington—but implications…
