Dollar declines, euro rises. Forecast as of 01.02.2023
2023.02.01 2023.02.01 Dollar declines, euro rises. Forecast as of 01.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Due to the later lifting of COVID-19 restrictions, the eurozone lagged behind the US in economic growth in 2021, but in 2022 it caught up with its counterpart. The same applies to the monetary policy of the Fed and the ECB. How does its […]
Aussie is a sure-fire bet. Forecast as of 01.02.2023
2023.02.01 2023.02.01 Aussie is a sure-fire bet. Forecast as of 01.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Is Chinese economic recovery good or bad for the global economy? Fixing supply chain problems and strong demand is good, but things are not that simple. Which currency will win anyway? Let’s discuss the Forex outlook and make up an AUDUSD trading […]
Eurozone CPI YoY Flash || 8.5% (Forecast 8.9%, Previous 9.2%)
Eurozone CPI Headline – MoM Flash || -0.4% (Forecast 0.1%, Previous -0.4%) YoY Flash || 8.5% (Forecast 8.9%, Previous 9.2%) Core: YoY Flash || 5.2% (Forecast 5.1%, Previous 5.2%) RELEASE Reuters The headline inflation drop is unlikely to expunge concerns among conservative policymakers that rapid price growth is getting entrenched, a worry reinforced by poor […]
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 01.02.2023
2023.02.01 2023.02.01 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 01.02.2023 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 BTCUSD H1 timeframe […]
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 31.01.2023
2023.01.31 2023.01.31 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 31.01.2023 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 ascending wave […]
BNZ now expects the RBNZ cash rate to peak at 5% (vs. 5.5% prior forecast)
<p>BNZ still forecast a 50 rate hike on February 22 from the Reserve Bank of New Zealand.</p><p>The revision to the terminal rate comes after the jobs data earlier:</p><ul><li><a href="https://www.forexlive.com/news/new-zealand-jobs-report-for-q4-2022-unemployment-rate-34-expected-33-20230131/" rel="follow" target="_self" class="article-link vertical-align-baseline">New Zealand jobs report for Q4 2022: Unemployment rate 3.4% (expected 3.3%)</a></li><li><a href="https://www.forexlive.com/news/nzdusd-drops-a-few-points-after-the-new-zealand-jobs-market-report-20230131/" rel="follow" target="_self" class="article-link">NZD/USD drops a few points after the New […]
Franc loses its shine. Forecast as of 31.01.2023
2023.01.31 2023.01.31 Franc loses its shine. Forecast as of 31.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ SNB’s aggressive monetary tightening and concerns about a soon global recession supported the USDCHF bears in 2022. Much has changed in 2023. Where will the USDCHF go? Let us discuss the Forex outlook and make up a trading plan. Monthly Swiss franc fundamental […]
Dollar: lost in time. Forecast as of 31.01.2023
2023.01.31 2023.01.31 Dollar: lost in time. Forecast as of 31.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ If the rate hike affects the US economy only in 2023, then a recession is inevitable. If most of the negativity has already been taken into account, then the chances of a soft landing are very high. How does the time factor affect EURUSD? Let’s […]
Bitcoin Forecast: Potential Rise is Still Ahead
Bitcoin is pulling back from the level of 22500, therefore the bulls keep on pushing the coin till the resistance level of 25000. The asset is likely to head up and possibly retest the level of 22500 soon. So, let’s observe what will happen this week.American stock index S&P 500 has touched a very important […]
Euro is about to make a bold move. Forecast as of 30.01.2023
2023.01.30 2023.01.30 Euro is about to make a bold move. Forecast as of 30.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The inability of EURUSD to break out the level above 1.09 indicates that many bullish factors have already been taken into account. Investors think that the ECB is unable to surprise them, which increases the correction possibility. Will Christine Lagarde […]