Intraday Analysis – XAU remains under pressure
AUDUSD seeks support The Australian dollar recovered after a hawkish RBA hinted at further hikes. A drop below the daily support of 0.6870 has dented the optimism in the short-term. The four-month long rally could be in for a bit of consolidation after the aussie cleared the daily resistance at 0.6900 which […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (8 February 2023)
2023.02.08 2023.02.08 Short-term analysis for oil, gold, and EURUSD for 08.02.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, 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. XAUUSD buyers try […]
Intraday Analysis – USD breaks higher
USDJPY grinds supply zone The US dollar extended gains on the NFP momentum. On the daily chart, the 30-day SMA (131.10) has been acting as a tough resistance and its latest breach suggests that bearish sentiment has waned. A tentative break above 132.80 exposes the support-turned-resistance of 133.30 and potentially the daily […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (7 February 2023)
2023.02.07 2023.02.07 Short-term analysis for oil, gold, and EURUSD for 07.02.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, 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. EURUSD reached the […]
Intraday Analysis – USD recovers lost ground
EURUSD goes into correction The US dollar soared after January’s jobs report far exceeded estimates. The pair came to a halt in the supply zone around 1.1000 from last April’s sell-off. A drop below the bullish engulfing candle at 1.0890 was already a sign of weakness with the euro struggling to hold […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (6 February 2023)
2023.02.06 2023.02.06 Short-term analysis for oil, gold, and EURUSD for 06.02.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, 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. The oil short-term […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (3 February 2023)
2023.02.03 2023.02.03 Short-term analysis for oil, gold, and EURUSD for 03.02.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, 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. The oil short-term […]
USDCAD: Elliott wave analysis and forecast for 03.02.2023 – 10.02.2023
2023.02.03 2023.02.03 USDCAD: Elliott wave analysis and forecast for 03.02.2023 – 10.02.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions above the level of 1.3026 with a target of 1.3700 – 1.3975 once a correction formed. Alternative scenario: breakout and consolidation below the level of 1.3026 will allow the pair to continue declining to the levels […]
USDCHF: Elliott wave analysis and forecast for 03.02.2023 – 10.02.2023
2023.02.03 2023.02.03 USDCHF: Elliott wave analysis and forecast for 03.02.2023 – 10.02.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 0.9281 with a target of 0.9025 – 0.8925. Alternative scenario: breakout and consolidation above the level of 0.9281 will allow the pair to continue rising to the levels of 0.9550 […]
Spot Gold Analysis. XAUUSD: $1866/1836 or $2023 in 2023?
2023.02.03 2023.02.03 Spot Gold Analysis. XAUUSD: $1866/1836 or $2023 in 2023? Piyush Ratnuhttps://www.litefinance.org/blog/authors/piyush-ratnu/ The article covers the following subjects: Analysis 06.01.2023 Accuracy Summary and Review As projected in my analysis dated 06.01.2023: If the Bullish momentum pushes Gold price across $1854 barrier, $1866 and $1888 followed by $1907 zone can be the next target for […]