Analyst news

• Yen May Post Notable Gain. Forecast as of 19.08.2024

  19-08-2024 12:22 via litefinance.org
  
  In light of the robust economic performance and rising inflation, the BoJ's monetary tightening cycle should be maintained. While this is positive for the Japanese yen, there are some negative aspects to consider. In particular, the current political uncertainty is a significant factor. Let's discuss these issues and make a trading plan for the USDJPY pair.Highlights and key points The appointment of a new prime minister may extend the BoJ's wait-and-see approach. Accelerating GDP and inflation
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 19.08.2024

  19-08-2024 10:21 via litefinance.org
  
  I 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 euro has reached all its bullish targets.Highlights and key points USCrude: oil is testing the short-term uptrend's support (A) 75.45 - 75.12. Consider long trades in this zone.XAUUSD: gold is trading within the short-term uptrend. If the price breaks thr
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.08.2024

  19-08-2024 08:56 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Highlights and key points BTCUSD: the pair is expected to continue declining in correction (2) toward 54291.00. Consider short trades at the current level with a take-profit order placed at 54291.00. XRPUSD: the price is expected to grow in the impulse wave (C) to the high of 0.654. Consider long trades at the current level, taking profits at 0.654.
  
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• US Dollar Surges amid US Stocks Rally. Forecast as of 19.08.2024

  19-08-2024 08:30 via litefinance.org
  
  The US dollar is facing significant challenges as a safe-haven currency against the recent surge in US stocks. This shift reflects a transition in market sentiment from fear to greed. Let's discuss this topic and develop a trading plan for the EURUSD pair.Highlights and key points Recession odds in the US economy have fallen sharply. The markets are once again driven by greed. The Fed is expected to signal a rate cut. The EURUSD pair may rise to 1.1065 and 1.111.Weekly US dollar fundamental fore
  
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