• Bernstein picks the 'quality' China stocks to buy as Asia markets rally – CNBC

    Bernstein picks the 'quality' China stocks to buy as Asia markets rally – CNBC
    Bernstein picks the ‘quality’ China stocks to buy as Asia markets rally  CNBC
    The post Bernstein picks the 'quality' China stocks to buy as Asia markets rally – CNBC appeared first on RocketNews | Top News Stories From Around the Globe.
  • Tesla Stock Forecast & Price Prediction: 2021 and Beyond

    Tesla Stock Forecast & Price Prediction: 2021 and Beyond
    Tesla stock (NASDAQ: TSLA) has been on fire for a long time. Its share price rose by more than 600% since early 2020, making Elon Musk the richest person in the world. Bill Selesky (Senior Research Analyst at Argus Research) predicts the stock will rise above $1,000 this year. He considers it a share worth buying, even at the current price ($816 at the time of writing: February 14, 2021). According to Selesky, investors can still achieve 20% returns and more. The Tesla Motors stock value is
  • Yen returns to traditional values. Forecast as of 13.05.2021

    Yen returns to traditional values. Forecast as of 13.05.2021
    The Japanese currency has repeatedly proved its status as an outsider in 2021. When the global economy recovering and bond yields rising in the US and Europe, USDJPY and EURJPY bears are having a hard time. Let's discuss the market outlook and make up a trading planFundamental Japanese Yen forecast for six monthsHow quickly time flies! It would seem that quite recently, investors were surprised at Donald Trump's eccentric antics and built strategies with trade wars
  • Short-term analysis for oil, gold, and EURUSD for 13.05.2021

    Short-term analysis for oil, gold, and EURUSD for 13.05.2021
    I welcome my fellow traders! I have made a price forecast for US Crude, 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 short-term euro uptrend reversed down after the publication of the US inflation data, which frightened investors.Oil price forecast for today: USCrude analysisYesterday, following the short-term uptrend the price reached level 66.54, which ser
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  • Dollar plays with time. Forecast as of 13.05.2021

    Dollar plays with time. Forecast as of 13.05.2021
    After the release of the US CPI data, investors are concerned about how temporary will be the inflation acceleration. If the Fed is wrong, will it raise rates earlier than expected? Let us discuss the Forex outlook and make up a EURUSD trading plan.Weekly US dollar fundamental forecastThere is nothing more permanent than temporary. The financial markets' reaction to the significant rise in consumer prices has proven that investors doubt the Fed's mantra of a short-term boost in inflation. The Tr
  • Short-term forecast for BTCUSD, XRPUSD and ETHUSD 13.05.2021

    Short-term forecast for BTCUSD, XRPUSD and ETHUSD 13.05.2021
    I welcome my readers!I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Ripple has completed the corrective pattern, so the price should be rising in the impulseElliott wave Bitcoin analysisThe BTCUSD market must be forming the initial part of the bear impulse wave. There have completed two sub-waves 1 and 2, so there should be unfolding the third wave as an impulse (1)-(2)-
  • Facebook Stock Forecast & Price Prediction: 2021 and Beyond

    Facebook Stock Forecast & Price Prediction: 2021 and Beyond
    Few people are unfamiliar with the social media platform Facebook by now. Facebook has almost half of the world's user population active every month, making it one of the globe’s most influential mediums. The existence of this social media platform has certainly not been without controversies, but the Facebook share value seems to continue to grow despite these incidents; in 2020, it still enjoyed significant growth, partly thanks to the coronavirus crisis.Are you interested in buying Face
  • Central banks are leading commodity currencies into battle. Forecast for USDCAD, USDNOK and USDRUB as of 12.05.2021

    Central banks are leading commodity currencies into battle. Forecast for USDCAD, USDNOK and USDRUB as of 12.05.2021
    Canada is reducing QE, Norway is ready to raise rates in September, and Russia is aggressively tightening monetary policy. How can USDCAD, USDNOK and USDRUB not fall in such conditions? Let us discuss the Forex outlook and make up a trading planFundamental commodity currencies forecast for six months Don't trust your eyes, trust your ears. While some see all the signs of a high inflation era, and some believe the Fed's word that the PCE surge will be tempo
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  • Short-term analysis for oil, gold, and EURUSD for 12.05.2021

    Short-term analysis for oil, gold, and EURUSD for 12.05.2021
    I welcome my fellow traders! I have made a price forecast for US Crude, 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.Yesterday, the key support of the short-term oil uptrend 64.14 - 63.88 was held.Oil price forecast for today: USCrude analysisYesterday, the key support of the short-term oil uptrend 64.14 - 63.88 was held. A remarkable, technical “false breakout&rdqu
  • LiteForex Dream Draw: The Great Raffle!

    LiteForex Dream Draw: The Great Raffle!
    Dear clients,We are pleased to announce the date of the final raffle of LiteForex Dream Draw where 20 winners will get their incredible prizes. The grand prize of the promo is a certificate for a dream house worth up to $250 000 anywhere in the world. The final of the largest raffle in the history of LiteForex will take place on July 3, 2021. Everyone, not just the winners, will be able to watch live broadcast on our YouTube channel.We would like to remind you that due to the coronavirus restric
  • Euro targets the high. Forecast as of 12.05.2021

    Euro targets the high. Forecast as of 12.05.2021
    The correction of the US stock indexes and Treasury yield rally encouraged the EURUSD bears to go ahead before the US inflation report. How will the market respond? Let us discuss the Forex outlook and make up a trading plan.Fundamental euro forecast for six monthsWhile financial markets, in general, are focused on whether the spike in inflation will be a temporary phenomenon or the US economy is on the verge of a historic shift, Forex traders are concerned with another question. Will the growth
  • Short-term forecast for BTCUSD, XRPUSD and ETHUSD 12.05.2021

    Short-term forecast for BTCUSD, XRPUSD and ETHUSD 12.05.2021
    I welcome my readers!I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Although Ethereum continued rising, I still stick to the downside scenario. The ETHUSD bulls have been holding the price up for a long time, and the upward momentum should exhaust soon.Elliott wave Bitcoin analysisThe BTCUSD market is forming the bear impulse wave, namely its inceptive part. There has co
  • Happy Eid al-Fitr to all Muslims!

    Happy Eid al-Fitr to all Muslims!
    Dear clients,LiteForex congratulates all Muslims on the great holiday of Eid al-Fitr and the end of the holy month of Ramadan! On the bright day of Eid al-Fitr, we sincerely wish prosperity and joy to your families. May the warm spring days bring joy and comfort and may your houses be full of relatives and friends. Enjoy a blessed time during this Eid!Best regards,LiteForex Read more here:
  • Pound continues strengthening. Forecast as of 11.05.2021

    Pound continues strengthening. Forecast as of 11.05.2021
    It is not for nothing that sterling claims to be the best G10 performer of the year. Despite often unfavorable conditions, the GBP manages to strengthen. Will the GBPUSD price continue to grow? Let us discuss the Forex outlook and make up a trading planFundamental pound forecast for six monthsThe pound's ability to catch a fish in muddy waters has become a byword. For most of 2020, the pound had been strengthening as the UK was at the epicenter of a raging pandemic and a successfu
  • Short-term analysis for oil, gold, and EURUSD for 11.05.2021

    Short-term analysis for oil, gold, and EURUSD for 11.05.2021
    I welcome my fellow traders! I have made a price forecast for US Crude, 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.Yesterday, oil traders were unable to break out the Target Zone 66.20 - 65.69.Oil price forecast for today: USCrude analysisYesterday, oil traders were unable to break out the Target Zone 66.20 - 65.69. As a result, a retest of the Intermediary Zone 64.14 -
  • Dollar and the freedom of choice. Forecast as of 11.05.2021

    Dollar and the freedom of choice. Forecast as of 11.05.2021
    People have the right to choose where to invest their money. However, to make a wise decision, one should take into account the Fed’s position. The US central bank is concerned about US employment and inflation, so investors are focused on the CPI. Let us discuss the Forex outlook and make up a EURUSD trading plan.Weekly US dollar fundamental forecastWestern countries show off their democracies, but governments could forget about them as soon as democratic principles become an obstacle. Bo
  • Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.05.2021

    Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.05.2021
    I welcome my readers!I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.All three cryptocurrency pairs covered in the article are moving according to the suggested scenarios. Continue monitoring the cryptocurrency market.Elliott wave Bitcoin analysisThe BTCUSD market must have completed forming the corrective upwave 2. As I suggested, there is developing the beginning of the
  • Aussie bulls are going ahead. Forecast as of 10.05.2021

    Aussie bulls are going ahead. Forecast as of 10.05.2021
    The AUD has many advantages, including iron ore record highs and the strength of the Australian economy. Moreover, US employment has added fewer new jobs than expected. Favorable growth conditions for AUDUSD prices, isn't it? Let us discuss the Forex outlook and make up a trading plan.Monthly Australian dollar fundamental forecast No matter how much the Reserve Bank, tensions with China, or Treasury yields try to slow down the Australian dollar, it will still worth $0.8. A strong
  • Short-term analysis for oil, gold, and EURUSD for 10.05.2021

    Short-term analysis for oil, gold, and EURUSD for 10.05.2021
    I welcome my fellow traders! I have made a price forecast for US Crude, 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.Last week, the short-term euro trend reversed up by breaking out the Intermediary Zone 1.2083 - 1.2074.Oil price forecast for today: USCrude analysisLast week, the short-term oil uptrend key support 64.14 - 63.88 was tested. Now, the traders'
  • Dollar runs a marathon. Forecast as of 10.05.2021

    Dollar runs a marathon. Forecast as of 10.05.2021
    The US economic boom, everybody used to be confident in, seems to be delayed. The US jobs report has disappointed, politicians are looking for the reasons, the US dollar is falling. The euro bulls are going ahead. What’s next? Let us discuss the Forex outlook and make up a EURUSD trading plan.Weekly US dollar fundamental forecastRecovery is not a sprint, it is a marathon. The US economy has a long way to go. Some analysts could suggest that Joe Biden's words in response to the disappointin
  • Short-term forecast for BTCUSD, XRPUSD and ETHUSD 10.05.2021

    Short-term forecast for BTCUSD, XRPUSD and ETHUSD 10.05.2021
    I welcome my readers!I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Bitcoin and Ethereum should soon start forming descending sub-waves. Ripple is to continue rising in the final leg of the impulse.Elliott wave Bitcoin analysisThe most recent section of the BTCUSD price chart displays the upward corrective wave 2, likely unfolding as a double zigzag [W]-[X]-[Y]. In the n
  • Economic calendar for the week 10.05.2021 – 16.05.2021

    Economic calendar for the week 10.05.2021 – 16.05.2021
    Review of the main events of the Forex economic calendar for the next trading week (10.05.2021 – 16.05.2021)Trading on key Forex news: next week we expect the publication of important macro statistics from Australia, China, the UK, Germany, the United States, as well as speeches by the heads of the central banks of the UK and Canada.The dollar fell sharply last Friday after the release of data from the US labor market that did not meet the expectations. The country's Labor Ministry reporte
  • The last 5 winners of LiteForex Dream Draw!

    The last 5 winners of LiteForex Dream Draw!
    Dear clients,The final stage of the LiteForex Dream Draw contest is over. It is time to announce the last five winners. The lucky ones will take part in the final raffle where they will each get one of the 20 guaranteed prizes, among which: a certificate for a DREAM HOUSE worth up to $250 000 anywhere in the world; a certificate for a $60 000 DREAM CAR; two multifunctional workstations iMac Pro; three powerful MacBooks Pro 16; three compact MacBooks Pro 13; three ultrathin and fast MacBooks Air;
  • Forex: from divorce to wedding. Review as of 07.05.2021

    Forex: from divorce to wedding. Review as of 07.05.2021
    Markets will always find a reason to be afraid. Not to miss important information is essential.Threat of another divorce looms up ahead of pound while dollar gets ready for bachelor partyThe devil is in the detail. Investors were frightened of rumors about another referendum on Scottish independence and Janet Yellen's saying the Fed's policy could be tightened so that the US economy wouldn't overheat. So they completely overlooked some important factors. Yellen spoke of a very "mo
  • XAUUSD: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021

    XAUUSD: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021
    Main scenario: consider long positions from corrections above the level of 1770.30 with a target of 1851.32 – 1877.16.Alternative scenario: breakout and consolidation below the level of 1770.30 will allow the pair to continue declining to the levels of 1722.72 – 1675.55.Analysis: An ascending third wave of larger degree (3) formed on the daily time frame, and a descending correction developed as wave (4), supposedly. H4 time frame: the fifth wave (5) appears to be forming, with the f
  • USDJPY: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021

    USDJPY: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021
    Main scenario: consider short positions from corrections below the level of 109.68 with a target of 106.75 – 105.77.Alternative scenario: breakout and consolidation above the level of 109.68 will allow the pair to continue rising to the levels of 110.95 – 112.50.Analysis: Daily TM: apparently, a descending correction of larger degree finished forming as wave B, and wave С started developing, with the first wave (1) of С forming inside.On the H4 time frame, the third wave
  • GBPUSD: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021

    GBPUSD: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021
    Main scenario: consider short positions from corrections below the level of 1.4237 with a target of 1.3572 – 1.3446 once a correction is completed.Alternative scenario: breakout and consolidation above the level of 1.4237 will allow the pair to continue rising to the levels of 1.4450 – 1.4700.Analysis: Daily time frame: presumably, the first wave of larger degree (1) finished developing, with wave 5 of (1) formed inside. A descending correction started developing as wave (2) on the H
  • EURUSD: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021

    EURUSD: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021
    Main scenario: consider short positions from corrections below the level of 1.2342 with a target of 1.1600 – 1.1489 once a correction is completed.Alternative scenario: breakout and consolidation above the level of 1.2342 will allow the pair to continue rising to the levels of 1.2500 – 1.2600.Analysis: Daily time frame: presumably, the first wave of larger degree 1 of (3) has formed, and a downside correction is forming as wave 2 of (3). Apparently, wave a of 2 has formed and ascendi
  • USDCHF: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021

    USDCHF: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021
    Main scenario: consider long positions above the level of 0.9034 with a target of 0.9505 – 0.9590.Alternative scenario: breakout and consolidation below the level of 0.9034 will allow the pair to continue declining to the levels of 0.8873 – 0.8768.Analysis: Presumably, a descending first wave of larger degree (1) of 5 finished developing on the daily time frame, with wave 5 of (1) formed inside. An ascending correction started developing as wave (2) on the H4 time frame, with wave A
  • USDCAD: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021

    USDCAD: Elliott wave analysis and forecast for 07.05.2021 – 14.05.2021
    Main scenario: consider short positions from corrections below the level of 1.2351 with a target of 1.2100 – 1.2000.Alternative scenario: breakout and consolidation above the level of 1.2351 will allow the pair to continue rising to the levels of 1.2648 – 1.2857.Analysis: Daily time frame: wave (С) of 4 of larger degree continues developing, with the third wave 3 of (C) forming inside. The fifth wave v of 3 is forming on the H4 time frame, with wave (v) of v of smaller degree d

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