Intraday Analysis – CAD bounces back
USDCAD gives up gains The Canadian dollar recouped losses after November’s GDP beat expectations. On the daily chart, the pair is still in a flag consolidation. A break above the previous resistance of 1.3400 eased some pressure but was not enough to clear the supply zone between 1.3470 and 1.3500. A sharp […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (1 February 2023)
2023.02.01 2023.02.01 Short-term analysis for oil, gold, and EURUSD for 01.02.2023 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 tested support […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (31 January 2023)
2023.01.31 2023.01.31 Short-term analysis for oil, gold, and EURUSD for 31.01.2023 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 price […]
Intraday Analysis – USD in consolidation mode
USDJPY grinds resistance The Japanese yen finds limited support from a rise in the December retail trade number. On the daily chart, last May’s low of 126.50 and the 20-day moving average (131.10) are compressing the price range and a breakout would dictate the next move in the medium-term. Intraday-wise, the pair […]
Intraday Analysis – USD needs catalyst
AUDUSD tests major supply area The Australian dollar stays high as traders remain hopeful of a dovish Fed pivot. A tentative break above last August’s high of 0.7130 further fueled the bulls’ enthusiasm and could lay the foundation for an extended reversal to 0.7270. In the short-term, the RSI’s bearish divergence indicates […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (30 January 2023)
2023.01.30 2023.01.30 Short-term analysis for oil, gold, and EURUSD for 30.01.2023 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. Euro is being corrected […]
USDCAD: Elliott wave analysis and forecast for 27.01.23 – 03.02.23
2023.01.27 2023.01.27 USDCAD: Elliott wave analysis and forecast for 27.01.23 – 03.02.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1.3218 with a target of 1.3804 – 1.3975. Alternative scenario: breakout and consolidation below the level of 1.3218 will allow the pair to continue declining to the levels of 1.2946 […]
USDCHF: Elliott wave analysis and forecast for 27.01.23 – 03.02.23
2023.01.27 2023.01.27 USDCHF: Elliott wave analysis and forecast for 27.01.23 – 03.02.23 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 […]
EURUSD: Elliott wave analysis and forecast for 27.01.23 – 03.02.23
2023.01.27 2023.01.27 EURUSD: Elliott wave analysis and forecast for 27.01.23 – 03.02.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1.0754 with a target of 1.1020 – 1.1300. Alternative scenario: breakout and consolidation below the level of 1.0754 will allow the pair to continue declining to the levels of 1.0431 […]
GBPUSD: Elliott wave analysis and forecast for 27.01.23 – 03.02.23
2023.01.27 2023.01.27 GBPUSD: Elliott wave analysis and forecast for 27.01.23 – 03.02.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1.1847 with a target of 1.2674 – 1.3000. Alternative scenario: breakout and consolidation below the level of 1.1847 will allow the pair to continue declining to the levels of 1.1498 […]