Sage Investment Club

EURUSD: Elliott wave analysis and forecast for 03.02.2023 – 10.02.2023

2023.02.03 2023.02.03 EURUSD: 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 from corrections above the level of 1.0798 with a target of 1.1300 – 1.1500. Alternative scenario: breakout and consolidation below the level of 1.0798 will allow the pair to continue declining to the levels of 1.0500 […]

EURUSD Gains As Eurozone Data Show Modest Return To Growth

EUR/USD Price and Analysis EUR/USD ticks up on better growth data The European Central Bank’s Thursday rate rise was as expected and didn’t offer much support US Data will be in focus as the session goes on Recommended by David Cottle How to Trade EUR/USD The Euro managed modest gains against the US Dollar on […]

Market Spotlight: EURUSD Balloons on FOMC – ECB Up Next

Fed – ECB Divergence GrowingEURUSD exploded higher in response to the FOMC yesterday. With the Fed having pivoted further, opting for a .25% hike, there is now growing divergence between the Fed and the ECB. The Fed is now widely expected to bring its tightening operations to a close by the summer while the ECB […]

Technical analysis of US Crude, XAUUSD, and EURUSD for today (2 February 2023)

2023.02.02 2023.02.02 Short-term analysis for oil, gold, and EURUSD for 02.02.2023 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 euro uptrend […]

ECB Hike Rates by 50bps, EURUSD Looks Vulnerable

ECB Rate Decision Key Points: Recommended by Zain Vawda Get Your Free EUR Forecast The European Central Bank has raised interest rates by 50bps in line with expectations. The central bankexpects to raise rates further keeping them at levels that are sufficiently restrictive to ensure a timely return of inflation to its 2% medium-term target. […]

Market Spotlight: Bullish EURUSD Opportunities into FOMC

Upside Risks for EURUSDLooking across markets for the best opportunities ahead of the Fed today, EURUSD looks like a solid setup for a long should USD weaken on the back of the meeting. If the Fed delivers a smaller .25% hike as expected and also scales back its rates outlook for the remainder of the […]

Dollar and VIX Slump After Fed Hike, Watch EURUSD and Doubt Trends

FOMC Rate Decision, Nasdaq 100, VIX, US Dollar and EURUSD Talking Points: The Market Perspective: USDJPY Bullish Above 132.00 The FOMC rate decision ended as expected with a 25bp hike to a range of 4.50-4.75 percent, but the reiterated warnings of further hikes ahead didn’t sway the markets A Dollar tumble seems caught up in […]

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 […]

US Dollar bears celebrate Fed’s dovishness

What you need to take care of on Thursday, February 2: The US Dollar plummeted following the US Federal Reserve’s monetary policy decision. The central bank decided to hike its benchmark rate by 25 basis points (bps) as widely anticipated by market players. The statement showed that policymakers changed the wording on inflation, noting that […]