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XAUUSD: Elliott wave analysis and forecast for 08.12.23 – 15.12.23
via litefinance.orgMain scenario: consider long positions above the level of 1988.28 with a target of 2170.00 – 2220.00 after correction.Alternative scenario: breakout and consolidation below the level of 1988.28 will allow the pair to continue declining to the levels of 1953.46 – 1889.05.Analysis: a descending correction appears to have formed as the fourth wave (4) of larger degree on the daily chart. The fifth wave (5) is unfolding, with the first wave 1 of (5) formed as its part. Apparently, a desc -
Bond Report: Bond yields rise as jobs data will show whether rally has been warranted
via rocketnews.comBond yields rose on Friday ahead of pivotal data that will show whether a rally in bond prices has been justified.What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Ywas 4.63%, up 4.1 basis points. Yields move in the opposite direction to prices. The yield on the 10-year Treasury BX:TMUBMUSD10Ywas 4.18%, up 2.7 basis points. The yield on the 30-year Treasury BX:TMUBMUSD30Ywas 4.28%, up 2.5 basis points. What’s driving markets Economists expect the U.S. Labor Department to -
Economic calendar for the week 11.12.2023 – 17.12.2023
via litefinance.orgIt looks like the dollar's downward correction is coming to an end. After October data on inflation in the United States indicated its further slowdown, market participants started actively taking profit in long positions in the dollar and moving to sales. The dollar has weakened significantly over the past few weeks with its DXY index hitting its lowest level since mid-August at 102.38.The slowdown in the US inflation has significantly reduced the likelihood of another US interest rate hike. Ho -
Market Extra: After best stretch since 2020, how much higher can stocks climb? Here is what history shows us.
via rocketnews.comU.S. stocks pulled back on Monday following the best five-week stretch for the S&P 500 since 2020, according to Dow Jones Market Data.The market’s gains have come so fast and so furious, that some on Wall Street are starting to worry that investors might be getting ahead of themselves as they price in aggressive interest-rate cuts by the Federal Reserve for next year. Indeed, some see Monday’s pullback, which saw the S&P 500 SPXclose down 0.5% at 4,569.78, as healthy, conside -
The Lucky Ticket for Algerian traders starts
via litefinance.orgDear clients,We are glad to announce that the Lucky Ticket lottery has been launched in Algeria! The competition starts on December 5, 2023, and we will raffle off three cash prizes of 1000 USD each.The prize drawing will be on January 29, 30, and 31, 2024, at 15-00 (GMT+1, Algerian time).How do you participate in Lucky Ticket Algeria? Top up your trading account with $100 or more in one transaction and activate the LUCKYDZ promo code. Receive a unique Lucky Ticket for every deposit of $100 or m -
Lucky Ticket Draw starts in Singapore
via litefinance.orgDear clients,We are pleased to announce that the Lucky Ticket Draw starts in Singapore!Traders in Singapore have a chance to win one of the valuable prizes. On January 15, 16, and 17, 2024, three deposits of 1000 USD each will be drawn.How do you participate in the competition? Make sure you are a LiteFinance client. Register with this broker and verify your profile if this is not the case. Top up your trading account with at least 300 USD and activate the LUCKYSG promo code.After each deposit o -
Short-term analysis for oil, gold, and EURUSD for 05.12.2023
via litefinance.orgI welcome my fellow traders! I have made a price forecast for the USCrude, 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 EURUSD short-term downtrend continues. Oil price forecast for today: USCrude analysisThe short-term oil downtrend started yesterday. The price consolidated below the key support 74.65 - 74.15. The downside target is the lower Target Zone, 69.70 -
USD: too early to say goodbye. Forecast as of 05.12.2023
via litefinance.orgThere are flaws in the ideal theory of the USD index weakening. The US dollar can be supported by both high yields on Treasury bonds and the weakness of competitors' economies. Let's discuss this topic and make up a trading plan for EURUSD.Weekly US dollar fundamental forecastThe decline of the US dollar depends on the federal funds rate. Morgan Stanley believes that current market expectations for a 125 bps decline in 2024 are too high. This would require a serious recession, which current -
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 05.12.2023
via litefinance.orgI 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.Elliott wave Bitcoin analysisThe large impulse wave C, consisting of sub-waves [1]-[2]-[3]-[4]-[5], continues to develop within the actionary wave (Z). Correction [4] has already been completed as the skewed triangle (A)-(B)-(C)-(D)-(E). The price is in the initial part of the bullish impulse [5]. It -
: ‘Grand Theft Auto 6’ trailer debuts, with videogame’s release set for 2025
via rocketnews.comRockstar Games released the first trailer for the highly anticipated “Grand Theft Auto VI” on Monday following a leak, confirming that the wildly popular videogame is set for release in 2025. Rockstar, a unit of Take-Two Interactive Software Inc. TTWO, -0.18%,had planned to launch the trailer Tuesday morning, but released it early after a low-quality version was leaked on X, the former Twitter.The immersive videogame, set in the Miami-like “Vice City,” features a playable -
Market Extra: Israeli authorities investigate after research suggests short-sellers targeted stocks ahead of Oct. 7 Hamas attack: report
via rocketnews.comAuthorities in Israel are investigating claims made by U.S. researchers that traders put outsize short positions on Israeli stocks and an exchange-traded fund ahead of the Oct. 7 attack by Hamas, Reuters reported Monday. The Israel Securities Authority said the matter “is known to the authority and is under investigation by all the relevant parties,” according to Reuters.Researchers examined trading in exchange-traded funds that invest in Israeli companies, as well as short-selling a -
Market Snapshot: Dow Jones ends slightly lower as rally pauses on higher bond yields
via rocketnews.comU.S. stocks took a breather Monday, finishing slightly lower amid some tempering of enthusiasm over the potential for Federal Reserve interest-rate cuts after the Dow Jones Industrial Average and S&P 500 ended last week at 2023 highs.How did stocks trade? The Dow DJIAfell 41.06 points, or 0.1%, to close at 36,204.44, snapping a four-day winning streak. The S&P 500 SPXdeclined 24.85 points, or 0.5%, to finish at 4,569.78. The Nasdaq Composite COMPended at 14,185.49, down 119.54 points, or -
Market Extra: GM raises $3 billion with bond deal as investment-grade spreads rally to tightest level of 2023
via rocketnews.comGeneral Motors Co., GM, +2.19%,fresh off announcing a $10 billion stock buyback program and increased dividend, issued a two-part, $3 billion bond deal on Monday. The issuance is part of an expected $15 billion to $20 billion flurry of bond deals in the first full week of December, a period when major corporations typically make a last-ditch borrowing effort before the holidays.“We are tapering off issuance for the year,” said Matt Brill, head of North America investment-grade credit -
: Why I have no use for college football
via rocketnews.comIf you’ve been paying close attention to the world of higher education, you might have heard about the latest big-deal story. No, it has nothing to do with student protests over the war between Israel and Gaza. Or the naming of another university president. It’s about the fact that Florida State University’s football team went undefeated this season and yet it still won’t qualify for a shot at the national championship.But if you’re like me, you might be asking: Wha -
The Ratings Game: 3M’s stock rallies as a former bear softens his stance
via rocketnews.comShares of 3M Co. advanced in Monday’s session after a Barclays analyst abandoned his bearish call on the industrial company. “One of the major factors why we have held an [underweight] rating on [3M] relates to the mounting legal liabilities in recent years,” Barclays’ Julian Mitchell wrote as he lifted his rating on the stock to equal weight. “However, we think that the coming months will show some progress on this front, at last.”Mitchell noted that investor -
: Jana Partners sets its sights on Frontier telecom
via rocketnews.comActivist investor Jana Partners on Monday called Frontier Communications Parent Inc. to explore a possible sale and conduct an strategic review in order to reverse its “poor” stock performance.Frontier FYBR, +5.82%“has failed its shareholders as a public company,” Jana said in a statement. Shares of Frontier rallied more than 5% on Monday. “Frontier’s equity is grossly undervalued and that it will continue to underperform if the board maintains the status quo, -
: Here’s who could be eligible for student-loan forgiveness under the Biden administration’s latest plan
via rocketnews.comThe Biden administration provided the most detail yet about who could be eligible for relief under its latest plan for student-loan forgiveness. The categories of borrowers who may qualify for debt cancellation are far from certain. The Department of Education is in the midst of a rulemaking process that will ultimately determine the scope of any debt-relief plan. The details released Monday are part of an agency proposal that will be finalized over the next several months. But if the -
Bond Report: Treasury yields finish higher for second time in three sessions
via rocketnews.comTreasurys sold off on Monday, pushing yields higher for the second time in three sessions, as investors weighed Federal Reserve Chairman Jerome Powell’s recent efforts to damp rate-cut expectations.What happened The yield on the 2-year Treasury note BX:TMUBMUSD02Yjumped 9.1 basis points to 4.656% from Friday’s 4.565% level. The yield on the 10-year Treasury note BX:TMUBMUSD10Yrose 6.1 basis points to 4.286% from 4.225% Friday afternoon. The yield on the 30-year Treasury BX:TMUBMUSD30 -
: As Supreme Court weighs Purdue Pharma bankruptcy, families say the process has compounded their pain
via rocketnews.comAs the U.S. Supreme Court on Monday weighed the legality of Purdue Pharma’s bankruptcy settlement, some relatives of opioid victims converged on Washington to voice their frustrations with the process. The settlement involving Purdue Pharma, maker of the prescription painkiller OxyContin, landed at the Supreme Court because it gives members of the Sackler family, who previously controlled the company but did not individually file for bankruptcy, some broad protections against civil c -
Yen risks and wins. Forecast as of 04.12.2023
via litefinance.orgThe uptrend in the US dollar against the Japanese yen looks so strong that hedge funds and insurance companies do not believe it will reverse. They say that the Bank of Japan will not raise interest rates when others cut borrowing costs. Let us discuss the Forex outlook and make up a USDJPY trading plan.FundamentalJapanese yen forecast for six monthsWhich is right, markets or central banks? Numerous stories of the Fed punishing investors for their overconfidence during the current monetary -
Short-term analysis for oil, gold, and EURUSD for 04.12.2023
via litefinance.orgI welcome my fellow traders! I have made a price forecast for the USCrude, 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 gold price has broken out the Gold Zone 2079 - 2075 today.Oil price forecast for today: USCrude analysisThe oil price continues declining. The oil traders are trying to consolidate the price below the key support of the short-term uptrend 74.65 -
Fed will not help USD. Forecast as of 04.12.2023
via litefinance.orgUSD bulls were seriously counting on Jerome Powell's speech, which was supposed to cool buyers in the US stock market and weaken global risk appetite. However, this did not happen. Let's discuss this topic and make up a trading plan for EURUSD.Weekly US dollar fundamental forecastJerome Powell could not say anything in response to Christopher Waller, who was talking about monetary expansion. Statements by the Fed Chairman that the federal funds rate will limit economic growth and that it is -
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 04.12.2023
via litefinance.orgI 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.Elliott wave Bitcoin analysisWithin the actionary wave (Z), Bitcoin continues to build a large impulse wave C, consisting of sub-waves [1]-[2]-[3]-[4]-[5]. Correction [4] has already been completed as a skewed triangle (A)-(B)-(C)-(D)-(E). Now, the market is developing the initial part of the bullish impu -
Outside the Box: Text spamming is out of control. Here’s how to stop it.
via rocketnews.com“Text messages must be verified from their purported senders, and people should only receive messages from senders who already have permission.”Americans have grown used to political advertisements dominating television airwaves during election season, but now not even our mobile phones are safe. More than 15 billion political texts were sent in 2022, a number poised to grow as campaigns become more sophisticated. While some of these messages provide important context for v -
XAUUSD: Elliott wave analysis and forecast for 01.12.23 – 08.12.23
via litefinance.orgMain scenario: consider long positions from corrections above the level of 1965.08 with a target of 2110.00 – 2170.00.Alternative scenario: breakout and consolidation below the level of 1965.08 will allow the pair to continue declining to the levels of 1917.57 – 1889.05.Analysis: a descending correction appears to have formed as the fourth wave (4) of larger degree on the daily chart. The fifth wave (5) is unfolding, with the first wave 1 of (5) formed as its part. Apparently, a desc -
WTI Crude Oil: Elliott wave analysis and forecast for 01.12.23 – 08.12.23
via litefinance.orgMain scenario: consider long positions from corrections above the level of 72.35 with a target of 91.05 – 95.65.Alternative scenario: breakout and consolidation below the level of 72.35 will allow the asset to continue declining to the levels of 64.20 – 58.00.Analysis: the first wave of larger degree (1) is presumably formed, a descending correction developed as second wave (2), and the third wave (3) started unfolding on the daily chart. The first wave of smaller degree 1 of (3) is -
Kiwi gave us a surprise. Forecast as of 01.12.2023
via litefinance.orgGrowing risk appetite, record high immigration, and potential divergence in the Reserve Bank of NZ' and the Fed's policies are a foundation for the NZDUSD's uptrend. Let’s discuss it and make a trading plan.Six-month fundamental forecast for the NZ dollarNew lords, new laws. The new New Zealand government announced it would start the legislative process to return the central bank to a single mandate, and the RBNZ's reaction was immediate. It kept the cash rate at 5.5% in November but surpr -
USDJPY: Elliott wave analysis and forecast for 01.12.23 – 08.12.23
via litefinance.orgMain scenario: consider short positions from corrections below the level of 151.84 with a target of 139.60 – 136.60.Alternative scenario: breakout and consolidation above the level of 151.84 will allow the pair to continue rising to the levels of 156.00 – 160.00.Analysis: an ascending wave of larger degree C continues forming on the daily chart, with the fifth wave (5) of C unfolding as its part. On the H4 chart, there's wave 1 of (5) formed, and a downside correction started develop -
GBPUSD: Elliott wave analysis and forecast for 01.12.23 – 08.12.23
via litefinance.orgMain scenario: consider short positions from corrections below the level of 1.2730 with a target of 1.2300 – 1.2030.Alternative scenario: breakout and consolidation above the level of 1.2730 will allow the pair to continue rising to the levels of 1.2876 – 1.3000.Analysis: the first wave of larger degree (1) is presumably formed on the daily chart, and a bearish correction continues developing as second wave (2). Wave А of (2) is formed on the H4 time frame, and a bullish correc -
EURUSD: Elliott wave analysis and forecast for 01.12.23 – 08.12.23
via litefinance.orgMain scenario: consider short positions from corrections below the level of 1.1018 with a target of 1.0655 – 1.0515.Alternative scenario: breakout and consolidation above the level of 1.1018 will allow the pair to continue rising to the levels of 1.1152 – 1.1260.Analysis: a bearish wave of larger degree A is presumably completed on the daily chart. A bullish wave B started unfolding, with the first counter-trend wave 1 of (A) of B formed as its part. A downside correction appears to -
USDCHF: Elliott wave analysis and forecast for 01.12.23 – 08.12.23
via litefinance.orgMain scenario: consider long positions above the level of 0.8546 with a target of 0.9109 – 0.9246 once a correction is formed.Alternative scenario: breakout and consolidation below the level of 0.8546 will allow the pair to continue declining to the levels of 0.8392 – 0.8238.Analysis: the downside fifth wave of larger degree (5) is presumably unfolding on the daily time frame, with wave 1 of (5) formed as its part. A bullish correction is currently unfolding as second wave 2 of (5). -
USDCAD: Elliott wave analysis and forecast for 01.12.23 – 08.12.23
via litefinance.orgMain scenario: consider long positions above the level of 1.3400 with a target of 1.4100 – 1.4300 once corrections are formed.Alternative scenario: breakout and consolidation below the level of 1.3400 will allow the pair to continue declining to the levels of 1.3282 – 1.3092.Analysis: the bullish first wave of larger degree (1) is presumably developing on the daily time frame, with the fifth wave 5 of (1) forming as its part. H4 time frame: the first wave of smaller degree i of 5 is -
Short-term analysis for oil, gold, and EURUSD for 01.12.2023
via litefinance.orgI welcome my fellow traders! I have made a price forecast for the USCrude, 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 EURUSD reached support (В) 1.0891 - 1.0878 yesterday.Oil price forecast for today: USCrude analysisThe oil price dropped at the US trading session yesterday and broke out support (А) 76.30 - 75.97. However, the short-term trend remai -
Euro keeps cool head. Forecast as of 01.12.2023
via litefinance.orgThe ECB will be at the forefront of the monetary easing cycle in 2024, but is this a reason to sell the euro? The market thought so at the end of November, but in reality, the situation is complicated. Let's discuss this topic and make up a trading plan for EURUSD.Weekly Euro fundamental forecastThe American economy is cooling, inflation is slowing to its lowest levels since April 2021, US stock indices are rising, and FOMC officials are talking about keeping the federal funds rate unc -
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 01.12.2023
via litefinance.orgI 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.Elliott wave Bitcoin analysisLarge impulse wave C continues unfolding inside the actionary wave (Z) consisting of sub-waves [1]-[2]-[3]-[4]-[5]. There is a high probability that the correction [4] has already been completed as the skewed triangle (A)-(B)-(C)-(D)-(E). The initial part of the bullish impuls -
The New Year Promo 2024 lottery has started!
via litefinance.orgDear clients,One month is left until the New Year, so it's time to prepare gifts!The LiteFinance team is going to continue this good tradition. We are pleased to announce the start of the New Year Promo 2024!We have prepared luxurious gifts for our clients:iPhone 15 Pro Max 1TB; iPad Pro; MacBook Pro 16.
Cash prizes will also be credited to the trading accounts of LiteFinance clients.How to participate in New Year Promo 2024?Fund your trading account with at least $1000 in one transaction until -
Lucky Ticket Mongolia: hurry to win an iPhone 15 Pro MAX!
via litefinance.orgDear clients,The New Year is soon, and especially for the holiday, we are launching a Lucky Ticket draw for traders in Mongolia. The main prize is the iPhone 15 Pro MAX 512 GB!How do you take part in the draw?Deposit at least $200 in one transaction and activate the LuckyMN promo code, Receive a unique lucky ticket for every deposit of $200 or more. Actively trade and wait for the results to be announced!
All participants receive a 30% tradable deposit bonus. The winner will be determined random -
Time works for pound. Forecast as of 30.11.2023
via litefinance.orgHaste makes waste. The Bank of England doesn’t plan to lower the Bank rate. A higher inflation rate in the UK than in other advanced economies allows the UK regulator to wait and see. How does this affect the GBPUSD? Let us discuss the Forex outlook and make up a trading plan.Monthly Pound fundamental forecastWhen global regulators, like the Fed, start monetary tightening, the currencies of the countries with faster and stronger rate hikes win. Conversely, when the turn of monetary stimulu -
Euro: afraid of deflation. Forecast as of 30.11.2023
via litefinance.orgThe approach of German inflation to the 2% target requires ECB monetary expansion right now. Otherwise, the recession in the eurozone could drag on for a long time. Expectations of rate cuts are putting pressure on EURUSD. Let's discuss this topic and make up a trading plan.Weekly Euro fundamental forecastThe slowdown in German inflation to 2.3% allowed ING officials to say that the ECB may underestimate the deflationary impulse in the same way it underestimated inflation two years ago -
Short-term analysis for oil, gold, and EURUSD for 30.11.2023
via litefinance.orgI welcome my fellow traders! I have made a price forecast for the USCrude, 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 oil short-term trend is to turn up.Oil price forecast for today: USCrude analysisThe oil price is rising, and the short-term trend is likely to turn up. If the price consolidates above the high of November 20, an uptrend will start. If so, one could enter -
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 30.11.2023
via litefinance.orgI 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.Elliott wave Bitcoin analysisBitcoin forms a large impulse wave C, consisting of sub-waves [1]-[2]-[3]-[4]-[5]. There is a high probability that the correction [4] has already been completed as a skewed triangle (A)-(B)-(C)-(D)-(E). The initial part of the bullish impulse [5] is currently unfolding. Sub-w -
Futures Movers: Oil prices edge up as OPEC+ negotiations continue, U.S. crude supplies rise for 6th straight week
via rocketnews.comOil futures traded higher on Wednesday a day ahead of an expected decision by the OPEC+ producers on oil output quotas. Negotiations between the group of major oil producers have continued, with some news reports pointing out the possibility of another delay to a meeting that had already been postponed. U.S. government data, meanwhile, revealed… Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime.Subscribe Now Al -
Economic calendar for the week 04.12.2023 – 10.12.2023
via litefinance.orgAfter falling sharply in the previous few weeks, the dollar has remained under pressure. The main reason is the latest inflation data in the US, which has indicated a further slowdown. This significantly reduced the likelihood of a new interest rate increase in the US and the chances of market participants betting on further strengthening of the dollar, after it almost reached 106.00 in the DXY index in anticipation of the publication of the October inflation data in the US. In October it even e -
Franc has proven itself. Forecast as of 29.11.2023
via litefinance.orgDespite the ups and downs, the USDCHF bears are inspired at the end of 2023. The SNB carried out a more effective monetary restriction than the Fed, and the weakness of the US dollar sent the pair to a 3-month low. Let's talk about this topic and draw up a trading plan.Monthly Swiss franc fundamental forecastRising inflation at the fastest pace in decades has forced central banks to tighten monetary policy in 2022-23 aggressively. However, the scale of monetary restrictions differs. For comparis -
Gold to set a new record. Forecast as of 28.11.2023
via litefinance.orgThe XAUUSD is forecast to reach new peaks as the demand is growing amid the geopolitical and political situation, central banks are showing support and the Fed's expected to introduce monetary stimuli. Let’s discuss it and make a trading plan.Weekly fundamental forecast for goldIn 2020, the gold's record rally was fueled by pandemic-related fears and the Fed's cheap liquidity. COVID-19 gave rise to much uncertainty, favorable to safe-haven assets, while the Fed's aspiration to save the US -
Market Snapshot: Stock market heads into year-end with serious momentum. What that means for December and beyond.
via rocketnews.comBarring a sudden bout of post-Thanksgiving indigestion, the U.S. stock market looks poised to log a healthy November rally. And while there are certainly no guarantees, history says momentum is likely to beget momentum into year-end. “I think the market is set up for a strong, final six weeks of 2023 and I would expect the market to build on that momentum into year-end,” said Michael Arone, chief investment strategist at State Street, in a phone interview. Drivers… Maste -
XAUUSD: Elliott wave analysis and forecast for 24.11.23 – 01.12.23
via litefinance.orgMain scenario: consider short positions from corrections below the level of 2008.75 with a target of 1910.48 – 1889.05.Alternative scenario: breakout and consolidation above the level of 2008.75 will allow the pair to continue rising to the levels of 2060.00 – 2110.00.Analysis: a descending correction appears to have formed as the fourth wave (4) of larger degree on the daily chart. The fifth wave (5) is unfolding, with the first wave 1 of (5) formed as its part. A downside correctio -
Futures Movers: Oil prices extend losses as investors unease grows amid OPEC+ speculation
via rocketnews.comOil prices pushed lower on Thursday, as investors grew increasingly unsettled following a decision by the Organization of the Petroleum Exporting Countries and its allies to delay a much anticipated meeting by four days. Price driversMarket drivers Oil prices tumbled briefly on Wednesday following reports of a delay to an OPEC+ meeting, originally expected this weekend, but which has now been pushed back to Nov. 30. Investors had been speculating ahead of the crucial gathering on whether O -
MT5 server maintenance to be carried out on 25.11.2023
via litefinance.orgDear clients,Please note that technical maintenance of MT5 servers will be carried out on November 25, 2023, from 10.00 to 11.00 (GMT+2, trading server time, indicated in the terminal).Trading or copying on MT5 accounts will be unavailable during the maintenance period.Please pay attention to these changes and take the necessary measures in advance.We apologize for any inconvenience and hope for your understanding.Yours faithfully,LiteFinance Read more -
Economic calendar for the week 27.11.2023 – 03.12.2023
via litefinance.orgThe dollar had weakened sharply in the previous few weeks. Now, the Fed's monetary easing can become the main factor determining further USD dynamics. According to the boldest estimates, the Fed will begin cutting interest rates in the spring of 2024.But almost none of the economists and market participants doubt that the Fed has already completed the cycle of raising rates. In this situation, the USD's weakness is explained by this.Next week (27.11.2023 – 03.12.2023), market participants
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