Analyst news

Technical Maintenance of MT5 Servers for CLASSIC Accounts to Take Place on 07.09.2024

05-09-2024 12:55 via litefinance.org

Please note that on 07.09.2024 at 10:00 server time (GMT+3 trading server time, displayed on the trading platform), maintenance of the MT5 trading servers will be carried out. The maintenance will affect only CLASSIC accounts and is expected to take no longer than 30 minutes.Please note that cryptocurrency trading will not be available during the specified period on the CLASSIC type of accounts opened for the MetaTrader 5 terminal.Please pay attention to these changes and take the necessary meas

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Pound Mistakes Twice. Forecast as of 05.09.2024

05-09-2024 12:49 via litefinance.org

The markets are overestimating the pace of the Federal Reserve's rate cuts and underestimating the extent of the Bank of England's monetary expansion. The future trajectory of the GBPUSD pair will be determined by fiscal policy in the US and the UK. Let's discuss these factors and make a trading plan.Highlights and key points Restrained fiscal policy could significantly slow inflation in the UK. The Bank of England will be forced to shift from a cautious approach to a more decisive one. A faster

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Short-term Analysis for Oil, Gold, and EURUSD for 05.09.2024

05-09-2024 09:30 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.Today, gold continues to rise within a short-term uptrend.Highlights and key pointsUSCrude: oil is trading near the Target Zone 68.85 - 67.86. Once a correction starts, consider short trades. XAUUSD: gold is trying to continue its short-term up

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Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.09.2024

05-09-2024 09:10 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: expect a decline in impulse [3] to 52,089.00. Consider opening a short position. XRPUSD: a descending impulse [3] continues heading for the low of 0.487. Consider opening a short position. ETHUSD: a descending wave 3 is unfolding and will probably end at around 2,141.00. Short positions could be considered.Elliott Wave An

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Weak Data Cast Shadows on US Dollar. Forecast as of 05.09.2024

05-09-2024 08:33 via litefinance.org

A recent batch of reports on the US economy has prompted renewed speculation about the possibility of an impending recession. Investors are calling on the Fed to take decisive action to cut interest rates. The question remains whether the central bank will proceed with this course of action. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points Signs of weakness in the US labor market are evident. Markets expect a Fed rate cut of almost 110 bps in 2024. R

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