USDCHF: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023
2023.01.20 2023.01.20 USDCHF: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 0.9355 with a target of 0.9025 – 0.8925. Alternative scenario: breakout and consolidation above the level of 0.9355 will allow the pair to continue rising to the levels of 0.9550 […]
GBPUSD: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023
2023.01.20 2023.01.20 GBPUSD: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1.2086 with a target of 1.2674 – 1.3000. Alternative scenario: breakout and consolidation below the level of 1.2086 will allow the pair to continue declining to the levels of 1.1845 […]
USDJPY: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023
2023.01.20 2023.01.20 USDJPY: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 131.48 with a target of 125.35 – 121.52. Alternative scenario: breakout and consolidation above the level of 131.48 will allow the pair to continue rising to the levels of 134.92 […]
WTI Crude Oil: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023
2023.01.20 2023.01.20 WTI Crude Oil: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 84.15 with a target of 63.00 – 54.50 once a correction is completed. Alternative scenario: breakout and consolidation above the level of 84.15 will allow the asset to […]
XAUUSD: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023 | LiteFonance
2023.01.20 2023.01.20 XAUUSD: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1832.12 with a target of 2000.00 – 2050.00. Alternative scenario: breakout and consolidation below the level of 1832.12 will allow the pair to continue declining to the levels of 1772.93 […]
Intraday Market Analysis – AUD seeks support
AUDUSD falls back The Australian dollar softened after an uptick in December’s unemployment rate. A cut through 0.6940 has invalidated this demand zone, elbowing the bulls to the side. This left a shooting star on the daily chart, which may foreshadow a U-turn. 0.6820 near the base of a previous bullish breakout […]
EURUSD: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023
2023.01.20 2023.01.20 EURUSD: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1.0677 with a target of 1.1020 – 1.1300. Alternative scenario: breakout and consolidation below the level of 1.0677 will allow the pair to continue declining to the levels of 1.0475 […]
Russell 2000 Technical Analysis | Forexlive
The recent rally in the Russell 2000 that was based on “soft landing” hopes as the labour market data continues to show strength and the inflation data moderates, got sort of a wake up call with the latest retail sales report which showed a big miss to the expectations and the previous numbers were revised […]
LVMH to the MOON! | HF Analysis
On January 26, LVMH’s reports its Q4 earnigns, and the fundamental question that remains is whether the current price is overvalued or whether the firm’s mad dash forward is only just beginning? LVMH Moët Hennessy Louis Vuitton SE is the world leader in luxury goods. Revenue by product family is broken down as follows: Fashion […]
Intraday Market Analysis – USD still under pressure
USDJPY gives up gains The Japanese yen tumbled after the BoJ shattered hopes that it would wind down its stimulus policy. Still the dollar’s short-lived surge turned south at a previous demand zone around 131.50 which coincides with the 20-day moving average. This is a sign that the mood has remained cautious […]