Analyst news

• USDJPY Goes Into Nosedive. Forecast as of 09.09.2024

  09-09-2024 11:47 via litefinance.org
  
  The decline in US Treasury bond yields on the back of a slowdown in US employment was the primary driver behind the USDJPY pair's nosedive. However, this is not the only positive development for the yen. Let's discuss this topic and make a trading plan.Highlights and key points The USDJPY is falling due to the decline in US Treasury yields. Capital repatriation to Japan supports the yen. The BoJ may raise rates faster than expected.  The USDJPY will likely continue sliding to at least 139.Q
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 09.09.2024

  09-09-2024 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.Gold has failed to break the Target Zone 6 and is retreating.Highlights and key pointsUSCrude: oil is trading in an upward correction. If the price reaches the resistance (A) within the correction, one may consider short trades near this zone. XAUUSD: gold ha
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.09.2024

  09-09-2024 09:06 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.All three cryptocurrencies continue trending down.Highlights and key points BTCUSD: expect a decline in impulse C to to 49,037.00. Consider opening a short position. XRPUSD: a descending impulse C continues heading for the low of 0.427. Consider opening a short position. ETHUSD: a bearish impulse wave (5) is currently unfolding and may end at ar
  
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• US Dollar Recoups Losses. Forecast as of 09.09.2024

  09-09-2024 08:25 via litefinance.org
  
  The release of US labor market data prompted investors to take wishful thinking for granted. The probability of a 50-basis-point reduction in the Fed interest rate in September increased to 50% but then declined to 31%. What is the reason behind this change of heart? Let us discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points US employment data for August disappointed the markets. The labor market is cooling but not frozen. The US dollar managed to counteratta
  
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