Absolute priority should be to bring inflation down to price stability level
Swiss National Bank (SNB) Chairman Thomas Jordan said in a scheduled speech on Friday, “absolute priority should be to bring inflation down to price stability level.” Additional quotes “We should not underestimate second-round effects of inflation.” “Firms are not hesitating to increase prices, not easy to bring inflation back to 2%.” “Once inflation is high, […]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY
US Dollar, EUR/USD Talking Points: US Dollar weakness continued to show yesterday as DXY printed a fresh seven-month-low; but buyers put in a response in the latter portion of the session leaving that daily candle as a doji. As USD has built a short-term range, so has EUR/USD. GBP/USD is testing above a longer-term Fibonacci […]
USD/JPY Price Analysis: The yen strengthens, as bears stepped in around 128.60s
On Thursday, the USD/JPY fails to hold to its gains and trades beneath its opening price by 0.33% after hitting a daily high of 128.88. At the time of Source link
Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY
Japanese Yen Talking Points: Recommended by James Stanley Get Your Free JPY Forecast Trends are important things in markets because it can help with biasing directional moves. While the future will remain uncertain, trends populate often and there’s usually a good reason for doing so. In the FX market, that rationale often revolves around a […]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY
US Dollar Talking Points: Recommended by James Stanley Get Your Free USD Forecast The US Dollar sell-off has continued through the first two weeks of 2023 trade. While the USD grasped onto support at 103.45 coming into the year, sellers have continued to push. The heavy drive for the bearish trend re-appeared on the Friday […]
Gold Price (XAU/USD) Presses Ahead as US Inflation Expectations Fall
Gold Price (XAU/USD), Chart, and Analysis US interest rate expectations continue to fall. Gold looks like it is consolidating ahead of the next move higher. Recommended by Nick Cawley Get Your Free Gold Forecast The latest University of Michigan Consumer Sentiment report, released last Friday, showed inflation expectations in the US continuing to fall. The […]
Price Action Technical Analysis Reveals the Footprint of Money » Learn To Trade The Market
Price action is the movement of price over time, this movement leaves behind a ‘footprint’, the footprint of money. This footprint, once understood properly, reveals to us the story on the chart… Price action analysis is the act of analyzing and making sense of the footprint of money on the chart. By understanding this footprint, […]
Crude Oil Price Forecast & Predictions for 2023-2025 and Beyond
2023-01-09 2023-01-09 Crude Oil Price Forecast: 2023 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The oil price is an important indicator of the economy. Oil is the most used resource in the world; many wars have raged over black gold. The cost of crude oil is closely monitored by everyone – especially since the corona crisis; many investors […]
Gold Price Forecast for 2023 and Next 5 Years: Predictions for 2024-2025, 2030
2023-01-09 2023-01-09 Gold Price Forecast & Predictions: 2023 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ After falling below $1200 per ounce in 2018, gold rebounded sharply over the next 12 months, and a significant bullish trend began. Its yield increased by almost 20%, whereas its quotes went up to $1,556 per ounce. The rally continued in 2020. The […]
Bitcoin (BTC) Price Prediction for 2023, 2024-2025, 2030 and Beyond
2023-01-09 2023-01-09 BTC Price Predictions and Analysis: Bitcoin Price Breakout! Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Bitcoin, the most famous cryptocurrency in the world, breaks a price record again! The coin set a new all-time high of $68789.63 on November 10, 2021. BTC updated its previous record of $66,930.39 on October 20, 2021. 2021 was a turbulent year, both […]