Analyst news

• Accused UK "flash crash" trader to be extradited to U.S

  14-10-2016 14:24 via news.yahoo.com
  
  A London-based trader accused of contributing to the 2010 Wall Street "flash crash" by placing bogus orders to spoof the market lost a legal appeal against extradition at the High Court in London on Friday and will now be sent for trial to the United States. Navinder Sarao, who traded on the Chicago Mercantile Exchange (CME) from his parents' home near Heathrow airport, will be extradited within 28 days. Sarao, 27, is wanted in the United States to face trial on 22 criminal counts of wire fraud,
  
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• XAUUSD: Elliott wave analysis and forecast for 06.09.24 – 13.09.24

  06-09-2024 14:25 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 2471.10 with a growth target of 2600.00 – 2700.00. A buy signal: if the price remains above 2471.10. Stop Loss: below 2440.00, Take Profit: 2600.00 – 2700.00. Alternative scenario: breakout and consolidation below the level of 2471.10 will allow the pair to continue declining to the levels of 2292.30 – 2161.56. A sell signal: after the level of 2471.10 is broken to the downside.
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 06.09.24 – 13.09.24

  06-09-2024 13:55 via litefinance.org
  
  Highlights and key points Main scenario: consider short positions from corrections below the level of 77.20 with a bearish target of 63.50 – 53.60. A sell signal: if the price holds below 77.20. Stop Loss: above 78.50, Take Profit: 63.50 – 53.60. Alternative scenario: breakout and consolidation above the level of 77.20 will allow the asset to continue rising to the levels of 83.75 – 89.53. A buy signal: once the level of 77.20 is broken to the upside. Stop Loss: below 76.00, Ta
  
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• USDJPY: Elliott wave analysis and forecast for 06.09.24 – 13.09.24

  06-09-2024 13:25 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 141.66 with a growth target of 161.75 – 165.00. A buy signal: if the price holds above 141.66. Stop Loss: below 140.50, Take Profit: 161.75 – 165.00. Alternative scenario: breakout and consolidation below the level of 141.66 will allow the pair to continue declining to the levels of 129.34 – 121.00. A sell signal: once the level of 141.66 is broken to the downside. Stop Loss: ab
  
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• GBPUSD: Elliott wave analysis and forecast for 06.09.24 – 13.09.24

  06-09-2024 12:55 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 1.3080 with a growth target of 1.3500 – 1.3740. A buy signal: if the price holds above 1.3080. Stop Loss: below 1.3050, Take Profit: 1.3500 – 1.3740. Alternative scenario: breakout and consolidation below the level of 1.3080 will allow the pair to continue declining to the levels of 1.2887 – 1.2648. A sell signal: once the level of 1.3080 is broken to the downside. Stop Loss: ab
  
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• Franc is Feeling Good. Forecast as of 06.09.2024

  06-09-2024 12:30 via litefinance.org
  
  The Swiss franc's role in carry trades, heightened risks of aggressive monetary easing by the Swiss National Bank (SNB), and potential currency interventions are not supporting the bullish outlook on the USDCHF and the EURCHF. Why is this the case? Let’s discuss it and make a trading plan.Highlights and key points The franc may replace the yen in carry trades. There is a significant risk of a 50 bps rate cut by the SNB in September. Political and economic factors provide a supportive backd
  
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• EURUSD: Elliott wave analysis and forecast for 06.09.24 – 13.09.24

  06-09-2024 12:25 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 1.1023 with a growth target of 1.1300 – 1.1500. A buy signal: if the price holds above 1.1023. Stop Loss: below 1.1000, Take Profit: 1.1300 – 1.1500. Alternative scenario: breakout and consolidation below the level of 1.1023 will allow the pair to continue declining to the levels of 1.0880 – 1.0773. A sell signal: once the level of 1.1023 is broken to the downside. Stop Loss: ab
  
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• USDCHF: Elliott wave analysis and forecast for 06.09.24 – 13.09.24

  06-09-2024 11:55 via litefinance.org
  
  Highlights and key points Main scenario: consider short positions from corrections below the level of 0.8541 with a bearish target of 0.8200 – 0.8000. A sell signal: if the price holds below 0.8541. Stop Loss: above 0.8600, Take Profit: 0.8200 – 0.8000. Alternative scenario: breakout and consolidation above the level of 0.8541 will allow the pair to continue rising to the levels of 0.8742 – 0.9044. A buy signal: once the level of 0.8541 is broken to the upside. Stop Loss: below
  
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• USDСAD: Elliott wave analysis and forecast for 06.09.24 – 13.09.24

  06-09-2024 11:27 via litefinance.org
  
  Highlights and key points Main scenario: once a correction forms, consider short positions below the level of 1.3756 with a bearish target of 1.3205 – 1.2981. A sell signal: if the price holds below 1.3756. Stop Loss: above 1.3800, Take Profit: 1.3205 – 1.2981. Alternative scenario: breakout and consolidation above the level of 1.3756 will allow the pair to continue rising to the levels of 1.3947 – 1.4200. A buy signal: once the level of 1.3756 is broken to the upside. Stop Los
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 06.09.2024

  06-09-2024 09:27 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.Yesterday, the euro reached the resistance (A) 1.1118 - 1.1110.Highlights and key pointsUSCrude: oil is testing the lower Target Zone 68.85 - 67.86. The price has not breached this zone. Thus, an upward correction may start. XAUUSD: gold is again testing the
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.09.2024

  06-09-2024 09:20 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.The cryptocurrencies continue moving in the range that we have determined earlier.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 pr
  
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• US Economy Cools Down. Forecast as of 06.09.2024

  06-09-2024 08:31 via litefinance.org
  
  The deceleration in the US economy has prompted investors to reassess the US dollar's prospects. Speculators are selling the US dollar, pushing the EURUSD pair higher. Will the employment statistics for August have an impact on the current situation? Let's discuss this topic and make a trading plan.Highlights and key points The Fed's tight monetary policy is cooling the US economy. The labor market has reached an inflection point where unemployment risks rising sharply. Europe offers positive ne
  
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• 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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• What Is Intrinsic Value?

  04-09-2024 17:01 via litefinance.org
  
  Intrinsic value acts as a crucial gauge for the genuine worth of assets, distinct from their market pricing. This principle helps traders to evaluate an asset's fundamental value through extensive analysis of anticipated cash flows, the significance of the time value of money, and discount rates. Such evaluations are instrumental in discerning assets' market alignment with their true worth, guiding well-informed investment decisions.In this article, we’ll dive deeper into the detailed proc
  
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• Loonie's Strong Rally May Reverse. Forecast as of 04.09.2024

  04-09-2024 12:12 via litefinance.org
  
  A capital spillover from the US dollar to its Canadian counterpart amid a decelerating US economy and expectations of the Fed's monetary expansion dragged USDCAD quotes down. However, the loonie will have to pay the price for its August rally in September. Let's discuss this topic and make a trading plan.Highlights and key points The S&P 500 rally and the greenback selling in August boosted the loonie. September is the worst month for US stock indices. Coupled with the continuing BoC rate cu
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 04.09.2024

  04-09-2024 09:52 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.Yesterday, oil reached below its August low near 71.35.Highlights and key pointsUSCrude: oil has continued to decline and reached below the August low. The trades opened at the short-term downtrend's boundary have hit all the bearish targets. Once a new corre
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 04.09.2024

  04-09-2024 08:50 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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• US Economy's Soft Landing Under Threat. Forecast as of 04.09.2024

  04-09-2024 08:23 via litefinance.org
  
  The US Federal Reserve will take all necessary steps to support the labor market. Therefore, an aggressive reduction in the federal funds rate is still possible. The outcome will be largely determined by US employment data for August. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points The S&P 500 index's collapse dragged the EURUSD to a 2-week low. The Fed's outlook has changed dramatically in 2.5 months. The Fed should try hard to achieve a soft l
  
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• Economic calendar for the week 09.09.2024 – 15.09.2024

  04-09-2024 02:30 via litefinance.org
  
  Market participants are anticipating fresh macro statistics after the publication of US PMI and labor market data last week, 02.09.2024 – 08.09.2024. This data will help make more accurate predictions for the upcoming US Fed meeting on September 17–18. Currently, the probability of the Fed's interest rate cut is almost 100%, but it's still unclear whether it will be by 0.25% or 0.50%. Most economists are inclining towards a 0.25% cut. However, the week of 09.09.2024 –
  
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• Gold Poised to Face Correction. Forecast as of 03.09.2024

  03-09-2024 12:03 via litefinance.org
  
  Gold bulls are waiting for a reason to lock in profits on their long positions. They see a strong US dollar and seasonal influences on the gold price as a potential reversal factor. However, another event will trigger a sell-off in the XAUUSD. Let's discuss this topic and make a trading plan.Highlights and key points Gold has reached several all-time highs in 2024. The precious metal averaged a 3.2% slip in September 2017-2023. The labor market may trigger a correction in the XAUUSD. A bounce fr
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 03.09.2024

  03-09-2024 09:42 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 is attempting an upward correction after the August 30 downward reversal.Highlights and key pointsUSCrude: oil continues to offer selling opportunities. Therefore, consider holding your short trades initiated at the resistance (B) 76.79 - 76.30
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.09.2024

  03-09-2024 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.Highlights and key points BTCUSD: expect a decline in impulse [3] to 54,092.00. Consider opening a short position. XRPUSD: a descending impulse [3] is heading for the low of 0.487. Consider opening a short position. ETHUSD: a descending corrective wave 3 is unfolding and will probably end at around 2,181.01. Short positions could be considered.Elliott Wav
  
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• US Dollar to Gain Weight in September. Forecast as of 03.09.2024

  03-09-2024 08:25 via litefinance.org
  
  In September, stock indices tend to fall while US Treasury bond yields increase, creating a favorable backdrop for the US dollar. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points Historically, September has been a challenging month for US stocks and bonds. The seasonal factor offers a favorable outlook for the US dollar. ECB officials have differing views on the future of the deposit rate. One can sell the EURUSD pair with the target of 1.1.Weekly US
  
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• EOS Price Forecast & Predictions for 2024, 2025-2030 and Beyond

  02-09-2024 14:03 via litefinance.org
  
  EOS is the native cryptocurrency for EOSIO, an open-source blockchain technology that allows developers to build decentralized applications. The coin is recognized as one of the leading tokens in the crypto world. Although Ethereum – the main EOS rival – is far more popular, experts emphasize that popularity does not guarantee high quality.EOS focuses on speed, scalability, and flexibility, all important things that give it an edge in the eyes of experts. Besides, EOS developers stri
  
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• Yen Soars on Differing Fed-BoJ Policy Outlooks. Forecast as of 02.09.2024

  02-09-2024 12:26 via litefinance.org
  
  The BoJ claims that the USDJPY's collapse is rooted in the events in North America. In fact, the pair is showing increased sensitivity to the Fed's monetary policy and changes in US Treasury yield. Let's discuss this topic and make a trading plan.Highlights and key points Sharp fluctuations in the yen exchange rate harm the Japanese economy. Slow BoJ normalization makes the USDJPY dependent on events in the US. The release of US labor market data will determine the yen's future. As long as USDJP
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 02.09.2024

  02-09-2024 09:26 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's short-term uptrend has reversed.Highlights and key pointsUSCrude: oil continues to decline after hitting the short-term downtrend's key resistance 76.79 - 76.30. The bearish target is at 71.35. XAUUSD: gold is trading in a downward correction withi
  
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