Analyst news

Gold Soars As Investors Flock to Safety. Forecast as of 02.07.2025

02-07-2025 12:06 via litefinance.org

While Donald Trump and Elon Musk are engaged in a dispute over the "Big, Beautiful Bill," gold market participants are evaluating the potential risks. Will fiscal stimulus boost or hurt XAUUSD quotes? Let's discuss this topic and make a trading plan.Major Takeaways A decline in risk appetite supported the XAUUSD. The Fed has not ruled out a rate cut in July. The price of the precious metal depends on US labor market data. Strong employment data will likely push gold towards $3,100.Weekly Fundame

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.07.2025

02-07-2025 09:17 via litefinance.org

Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Major Takeaways BTCUSD: The price is rising in the fifth section of a bullish impulse to a high of 111,854.30. Consider long positions. XRPUSD: A decline in the final wave (Z) is projected. Consider short positions, with a target of 1.903. ETHUSD: The price is expected to grow in the fifth part of impulse (A). Consider long positions with Take Profit at 2,881.36.El

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Euro May Climb Too High. Forecast as of 02.07.2025

02-07-2025 08:19 via litefinance.org

The current winning streak for the EURUSD pair is the longest since 2004, causing concern among ECB officials. They are resorting to verbal interventions. However, the experience of the Bank of Japan suggests that this approach does not guarantee the desired results. Let's discuss this topic and develop a trading plan.Major Takeaways The ECB wants the euro to stand at 1.17, while a valuation of 1.20 is not regarded favorably. The euro rally is tightening financial conditions in the eurozone. The

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LiteFinance Celebrates Its 20th Anniversary!

02-07-2025 08:00 via litefinance.org

Dear clients and partners,Today marks a special occasion as LiteFinance celebrates its 20th anniversary in the financial markets. Since its founding in July 2005, LiteFinance has continually evolved, improving the quality of its services and offerings and setting new benchmarks in financial technology.Ever since our early days as LiteForex, we have always set ambitious goals and consistently achieved them. The numerous international awards we have received attest to our achievements. However, ou

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Weekly Economic Calendar for 07.07.2025–13.07.2025

02-07-2025 02:10 via litefinance.org

Following the Fed meeting in June, the US dollar continues to face headwinds, while US stock indices have hit new all-time highs. This week, market participants will review the minutes of the Fed's June meeting to better assess the prospects for the US central bank's monetary policy.Additionally, in the upcoming week of 07.07.2025–13.07.2025, market participants will focus on the release of crucial macroeconomic statistics from the Eurozone, the US, China, Germany, Canada, as wel

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