Gold Price Forecast: XAU/USD on the Precipice
GOLD ANALYSIS & OUTLOOK Markets respectful of Fed’s hawkish language, USD bid. NFP and ISM Non-Manufacturing data in focus later today. XAU/USD daily close key for near term directional bias. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling […]
GBPUSD: Elliott wave analysis and forecast for 03.02.2023 – 10.02.2023
2023.02.03 2023.02.03 GBPUSD: 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 1.1847 with a target of 1.2674 – 1.3000 after correction. Alternative scenario: breakout and consolidation below the level of 1.1847 will allow the pair to continue declining to the levels of 1.1405 […]
Yen demands changes. Forecast as of 03.02.2023
2023.02.03 2023.02.03 Yen demands changes. Forecast as of 03.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of Japan has been an odd one out for a long time, choosing not to tighten policy amidst mass rate hikes. Now, other central banks are ready to pause, too. How will that affect the USDJPY? Let’s discuss it and make a […]
USDJPY: Elliott wave analysis and forecast for 03.02.2023 – 10.02.2023
2023.02.03 2023.02.03 USDJPY: 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 130.60 with a target of 125.35 – 121.52. Alternative scenario: breakout and consolidation above the level of 130.60 will allow the pair to continue rising to the levels of 134.92 […]
WTI Crude Oil: Elliott wave analysis and forecast for 03.02.2023 – 10.02.2023
2023.02.03 2023.02.03 WTI Crude Oil: 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 82.38 with a target of 63.00 – 54.50. Alternative scenario: breakout and consolidation above the level of 82.38 will allow the asset to continue rising to the levels […]
XAUUSD: Elliott wave analysis and forecast for 03.02.2023 – 10.02.2023
2023.02.03 2023.02.03 XAUUSD: 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 1865.40 with a target of 2000.00 – 2050.00 after correction. Alternative scenario: breakout and consolidation below the level of 1865.40 will allow the pair to continue declining to the levels of 1818.01 […]
Euro: don’t believe everything you see. Forecast as of 03.02.2023
2023.02.03 2023.02.03 Euro: don’t believe everything you see. Forecast as of 03.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ No matter how much Christine Lagarde tried to convince investors of the ECB’s determination, the markets did not listen to her much. They drew attention to the accompanying statement, which caused a EURUSD correction. Let’s discuss this topic and make up a trading […]
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 02.02.2023
2023.02.02 2023.02.02 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 02.02.2023 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 Bitcoin reached the […]
Pound is deadlocked. Forecast as of 02.02.2023
2023.02.02 2023.02.02 Pound is deadlocked. Forecast as of 02.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ No one can confidently say how the BoE will act in February. Inflation is above 10%, which is pushing the central bank to raise interest rates aggressively, but the economy is weak. Let us discuss the Forex outlook and make up a GBPUSD trading […]
Euro got green light. Forecast as of 02.02.2023
2023.02.02 2023.02.02 Euro got green light. Forecast as of 02.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The markets expected Jerome Powell to act hawkish, but saw only an indifferent person. As a result, the madness in the US stock market brought EURUSD above 1.1. Let’s discuss this topic and make up a trading plan. Monthly Euro fundamental forecast Madness. This is when […]