Bitcoin Forecast: Potential Rise Is Still Ahead!
Bitcoin is undergoing correction after the recent rise. However, the asset’s price didn’t hit the level of 25000 just yet. Bitcoin might gain the required support at the level of 22500 and potentially jump further. So, let’s wait and see what is going to happen next.Silver has managed to break the lower boundary of the […]
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 06.02.2023
2023.02.06 2023.02.06 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 06.02.2023 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ I welcome my readers! I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency. The article covers the following subjects: Elliott wave Bitcoin analysis Now the final […]
Lira hides the truth. Forecast as of 06.02.2023
2023.02.06 2023.02.06 Lira hides the truth. Forecast as of 06.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ When the president says that the policy of interest rate cuts leads to a slowdown in inflation, it seems to be a lie. In fact, structural problems are worsening in Turkey, making a continuation of the USDTRY rally inevitable. Let’s talk about this […]
Dollar: path of least resistance. Forecast as of 06.02.2023
2023.02.06 2023.02.06 Dollar: path of least resistance. Forecast as of 06.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US jobs report did more good for the US dollar than Jerome Powell’s speech. The markets can still resist the Fed, but not the fact that USD’s old advantages can start working again. Let’s discuss this topic and make up a trading plan […]
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.02.2023
2023.02.03 2023.02.03 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.02.2023 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ I welcome my readers! I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency. The article covers the following subjects: Elliott wave Bitcoin analysis The BTCUSD market […]
Forex and Cryptocurrency Forecast for February 06 – 10, 2023 – Analytics & Forecasts – 4 February 2023
EUR/USD: Three Weeks of Uncertainty ● The meetings of the Central Banks were held strictly according to plan last week. As expected, the key rate was raised by 25 bps (basis points) at the US Federal Reserve meeting and reached 4.75%, and by 50 bps at the European Central Bank meeting, up to 3.00%. Since […]
Upside risk to XAU/USD forecast of $1,850 at year’s end – Commerzbank
Gold price surged by $30 immediately after the Fed’s meeting on Wednesday evening and reached $1,960 the following day. Economists at Commerzbank see upside risks to their XAU/USD year-end forecast of $1,850. US interest rate outlook to remain the more important driver “The US interest rate outlook is likely to remain the more important driver […]
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 […]
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 […]