• BRIEF-GSK says submits US application for malaria drug

    * ‍SUBMITS US REGULATORY APPLICATION FOR SINGLE-DOSETAFENOQUINEFOR PLASMODIUM VIVAX MALARIA​
    The post BRIEF-GSK says submits US application for malaria drug appeared first on RocketNews | Top News Stories From Around the Globe.
  • World stock market holidays: September 2024

    World stock market holidays: September 2024
    Dear clients,Please get acquainted with upcoming changes in LiteFinance’s trading schedule this month.Labor day, USA, 02.09.2024Trading instrument Closure Resumption XAUUSD 20:30 02/09/2024 01:00 03/09/2024 XAGUSD 20:30 02/09/2024 01:00 03/09/2024 XNGUSD 20:30 02/09/2024 01:00 03/09/2024 NI225 20:00 02/09/2024 01:00 03/09/2024 NQ 20:00 02/09/2024 01:00 03/09/2024 YM 20:00 02/09/2024 01:00 03/09/2024 SPX 20:00 02/09/2024 01:00 03/09/2024 UKBrent 20:30 02/09/2024 03:00 03/09/2024 USCrude 20:
  • Loonie Strengthens Against Greenback. Forecast as of 28.08.2024

    Loonie Strengthens Against Greenback. Forecast as of 28.08.2024
    The Canadian economy is less robust than the US economy, the labor market is experiencing a more pronounced cooling, and the Bank of Canada has already reduced the overnight rate twice and is unlikely to cease its easing cycle at this stage. What is the reason for the decline in USDCAD quotes? Let's discuss this topic and make a trading plan.Highlights and key points Oil prices or the Trump trade have nothing to do with the USDCAD decline. The BOC overnight rate is expected to fall to 3% by mid-
  • Short-term Analysis for Oil, Gold, and EURUSD for 28.08.2024

    Short-term Analysis for Oil, Gold, and EURUSD for 28.08.2024
    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 correcting downward to the support (A) 1.1117 - 1.1109.Highlights and key pointsUSCrude: oil is declining after testing the short-term downtrend's key resistance 76.79 - 76.30. The first bearish target is 74.07. XAUUSD: gold is falling after hitti
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  • Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.08.2024

    Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.08.2024
    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: the price is declining in impulse wave C to 48,970.00, a level located at the low of A. Short positions can be opened from the current level with a target of 48,970.00 XRPUSD: the price is falling in the last part of correction (B) – subwave Y. The target is located at the low of W, 0.4258. ETHUSD: this crypto pair is also de
  • Enhance Your Security with Two-Factor Authentication

    Enhance Your Security with Two-Factor Authentication
    Dear Clients,We value your trust, and the security of your account is our top priority. To better protect your data, we have introduced the ability to use additional authentication methods during login.You can take advantage of an extra layer of security by enabling two-factor authentication (2FA) with Google. We highly recommend activating this feature to ensure maximum protection of your client profile.What is Two-Factor Authentication?Two-factor authentication is an additional security measur
  • US Dollar's Shortcomings Become More Evident. Forecast as of 28.08.2024

    US Dollar's Shortcomings Become More Evident. Forecast as of 28.08.2024
    Even if the Fed accelerates its rate cut cycle, the US dollar is unlikely to weaken significantly, given the opportunity for other central banks to take similar action. Let's discuss this issue and make a trading plan for the EURUSD pair.Highlights and key points Regardless of the Fed rate cut pace, the EURUSD rally potential is limited. The main problem for the US dollar is the global risk appetite. In the long term, the greenback can be harmed by a double deficit. If the EURUSD pair plunges be
  • Economic calendar for the week 02.09.2024 – 08.09.2024

    Economic calendar for the week 02.09.2024 – 08.09.2024
    Market participants are trying to predict if the US Fed will lower interest rates at its meeting in September. Many experts believe there's a nearly 100% chance of a rate cut. Economists are now speculating on the magnitude of the interest rate reduction by the end of the year,  focusing on assessing the inflation rate. Nonetheless, the robust labor market, thriving business activity, and steady GDP growth in the US may mitigate the necessity for a substantial interest rate cut by the Fed.I
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  • Gold Buying Frenzy Intensifies. Forecast as of 27.08.2024

    Gold Buying Frenzy Intensifies. Forecast as of 27.08.2024
    What could potentially impact the bullish outlook on gold? Could it be a robust US labor market in August or modest forecasts of the FOMC on the federal funds rate in September? Let's discuss these factors and make a trading plan for the XAUUSD.Highlights and key points Gold hit record highs thanks to geopolitics. The precious metal's rally potential is not exhausted due to the tailwind. The XAUUSD may decline on labor market statistics or Fed forecasts. The level of $2,515 per ounce is the line
  • Short-term Analysis for Oil, Gold, and EURUSD for 27.08.2024

    Short-term Analysis for Oil, Gold, and EURUSD for 27.08.2024
    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.Oil has reached the short-term downtrend's key resistance.Highlights and key pointsUSCrude: oil has hit the resistance (B) 76.79 - 76.30. If the price remains below this area, the decline may continue to the target of 74.07. XAUUSD: gold is trying to breach t
  • Ripple Price Forecast & Predictions for 2024, 2025–2030 and Beyond

    Ripple Price Forecast & Predictions for 2024, 2025–2030 and Beyond
    Ripple XRP is one of the leading cryptocurrencies in the financial industry. Although the coin does not aim to be the most decentralized, it actively cooperates with international banks and investment companies. Experts say this factor could be the key to Ripple's success. XRP is not just a cryptocurrency. Ripple was designed as a full-fledged payment infrastructure that can potentially replace SWIFT.This article analyzes the reasons for the coin's growth and decline, future developments of the
  • Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.08.2024

    Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.08.2024
    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: a bullish impulse wave may develop up to the level of 69,940.00. Consider long positions from the current level with Take Profit at 69,940.00. XRPUSD: the price is rising in impulse (C) to the high of 0.703. Consider buying from the current level with Take Profit at 0.703. ETHUSD: the asset is projected to grow in a bullish im
  • EURUSD Surges on Improved Market Optimism. Forecast as of 27.08.2024

    EURUSD Surges on Improved Market Optimism. Forecast as of 27.08.2024
    Investors are paying close attention to the upcoming start of the Fed's monetary expansion cycle and have temporarily set aside concerns about the US presidential election. The associated uncertainty may provide support for the US dollar. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points Markets are overly optimistic about the Fed's monetary expansion. History shows that sharp rate cuts are inherently unhealthy for the markets. Investors should not ov
  • Japanese Yen Strengthens on Fed-BoJ Divergence. Forecast as of 26.08.2024

    Japanese Yen Strengthens on Fed-BoJ Divergence. Forecast as of 26.08.2024
    The divergence in the monetary policies of the Fed and the Bank of Japan provides insight into the trajectory of the USDJPY pair. At the same time, expectations for a reduction in the federal funds rate may be overly optimistic. Let's discuss this topic and make a trading plan.Highlights and key points Reuters experts project the Bank of Japan to raise the rate in 2024. The futures market expects the Fed rate cuts of 100 bp. Divergence in monetary policy helps the USDJPY to determine the trend.
  • Crude Oil Price Forecast for 2024–2030 and Beyond: WTI and Brent Outlook

    Crude Oil Price Forecast for 2024–2030 and Beyond: WTI and Brent Outlook
    The question of whether oil will rise or fall is a pressing concern for traders and investors who closely follow the energy market. Geopolitical and economic factors make oil price forecasting a challenging task. Therefore, it is crucial to analyze expert forecasts before making informed trading decisions.Recent data shows a notable decrease in oil purchases of WTI and Brent among asset managers. According to the Commodity Futures Trading Commission, the pace of reduction is the fastest in 4 yea
  • Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.08.2024

    Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.08.2024
    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: a bullish impulse wave may develop up to the level of 69,940.00. Consider long positions from the current level with Take Profit at 69,940.00. XRPUSD: the price continues rising in impulse (C) to the high of 0.703. Consider buying from the current level with Take Profit at 0.703. ETHUSD: the asset is projected to grow in a bul
  • Short-term Analysis for Oil, Gold, and EURUSD for 26.08.2024

    Short-term Analysis for Oil, Gold, and EURUSD for 26.08.2024
    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.Oil has reached the resistance (A) 74.98 - 74.65.Highlights and key pointsUSCrude: oil is trading in an upward correction. The asset has reached the resistance (A) 74.98 - 74.65. Short trades can be considered near this zone. XAUUSD: gold is trying to break t
  • US Dollar Dispels Recession Fears. Forecast as of 26.08.2024

    US Dollar Dispels Recession Fears. Forecast as of 26.08.2024
    The market received a clear signal that the Federal Reserve's monetary expansion cycle would begin in September, and it started buying the EURUSD pair against the European Central Bank's actions. However, the central banks' decisions will depend on the incoming data. Let's discuss this topic and make a trading plan.Highlights and key points The Fed is not satisfied with the labor market cooling. The US regulator intends to adjust monetary policy. Its decisions will depend on the incoming data. T
  • EURUSD Forecast & Predictions for 2024, 2025–2026, and Beyond

    EURUSD Forecast & Predictions for 2024, 2025–2026, and Beyond
    The EURUSD is one of the major and most traded currency pairs in the Forex market. Traders analyze its future price not only for trading purposes but also to gauge the economic conditions of the EU and the US, along with the global market sentiment.Since the pair is widely traded, predicting its exchange rate from a long-term investment perspective can be challenging. The EURUSD exchange rate movement is influenced by interest rate differentials, inflation, unemployment rates, trade, and capital
  • XAUUSD: Elliott wave analysis and forecast for 23.08.24 – 30.08.24

    XAUUSD: Elliott wave analysis and forecast for 23.08.24 – 30.08.24
    Highlights and key points Main scenario: consider long positions from corrections above the level of 2430.30 with a growth target of 2600.00 – 2700.00. A buy signal: the price remains above 2430.30. Stop Loss: below 2400.00, Take Profit: 2600.00 – 2700.00. Alternative scenario: breakout and consolidation below the level of 2430.30 will allow the pair to continue declining to the levels of 2292.30 – 2161.56. A sell signal: after the level of 2430.30 is broken to the downside. St
  • WTI Crude Oil: Elliott wave analysis and forecast for 23.08.24 – 30.08.24

    WTI Crude Oil: Elliott wave analysis and forecast for 23.08.24 – 30.08.24
    Highlights and key points Main scenario: once a correction forms, consider short positions below the level of 78.85 with a bearish target of 63.50 – 53.60. A sell signal: after the price returns below 78.85. Stop Loss: above 80.00, Take Profit: 63.50 – 53.60. Alternative scenario: breakout and consolidation above the level of 78.85 will allow the asset to continue rising to the levels of 84.16 – 94.10. A buy signal: after the level of 78.85 is broken to the upside. Stop Loss: b
  • USDJPY: Elliott wave analysis and forecast for 23.08.24 – 30.08.24

    USDJPY: Elliott wave analysis and forecast for 23.08.24 – 30.08.24
    Highlights and key points Main scenario: consider long positions from corrections above the level of 141.66 with a growth target of 165.00 – 170.00. A buy signal: after the price returns above 141.66. Stop Loss: below 140.50, Take Profit: 165.00 – 170.00. 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: after the level of 141.66 is broken to the downside. Stop Lo
  • GBPUSD: Elliott wave analysis and forecast for 23.08.24 – 30.08.24

    GBPUSD: Elliott wave analysis and forecast for 23.08.24 – 30.08.24
    Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2791 with a growth target of 1.3400 – 1.3740. A buy signal: after the price consolidates above 1.2791. Stop Loss: below 1.2760, Take Profit: 1.3400 – 1.3740. Alternative scenario: breakout and consolidation below the level of 1.2791 will allow the pair to continue declining to the levels of 1.2478 – 1.2300. A sell signal: after the level of 1.2791 is broken to the downside. St
  • Mexican Peso Extends Losses. Forecast as of 23.08.2024

    Mexican Peso Extends Losses. Forecast as of 23.08.2024
    In mid-August, the Mexican peso seemed to eliminate its negative factors. Carry traders returned to the market while Donald Trump's position in the presidential race weakened. However, the optimism of the USDMXN bears was short-lived. Let's discuss this topic and make a trading plan.Highlights and key points Carry traders are reluctant to use the peso due to high volatility. Reforms in Mexico undermine the strength of USDMXN bears. The Mexican economy is slowing down. The USDMXN pair's uptrend w
  • EURUSD: Elliott wave analysis and forecast for 23.08.24 – 30.08.24

    EURUSD: Elliott wave analysis and forecast for 23.08.24 – 30.08.24
    Highlights and key points Main scenario: consider long positions from corrections above the level of 1.0950 with a growth target of 1.1300 – 1.1500. A buy signal: after the price consolidates above 1.0950. Stop Loss: below 1.0920, Take Profit: 1.1300 – 1.1500. Alternative scenario: breakout and consolidation below the level of 1.0950 will allow the pair to continue declining to the levels of 1.0773 – 1.0662. A sell signal: after the level of 1.0950 is broken to the downside. St
  • USDCHF: Elliott wave analysis and for 23.08.24 – 30.08.24

    USDCHF: Elliott wave analysis and for 23.08.24 – 30.08.24
    Highlights and key points Main scenario: once a correction forms, consider short positions below the level of 0.8750 with a bearish target of 0.8200 – 0.8000. A sell signal: after the price returns below 0.8750. Stop Loss: above 0.8780, Take Profit: 0.8200 – 0.8000. Alternative scenario: breakout and consolidation above the level of 0.8750 will allow the pair to continue rising to the levels of 0.9044 – 0.9226. A buy signal: after the level of 0.8750 is broken to the upside. St
  • USDСAD: Elliott wave analysis and forecast for 23.08.24 – 30.08.24

    USDСAD: Elliott wave analysis and forecast for 23.08.24 – 30.08.24
    Highlights and key points Main scenario: consider short positions from corrections below the level of 1.3950 with a bearish target of 1.3414 – 1.3192. A sell signal: after the price returns below 1.3950. Stop Loss: above 1.3980, Take Profit: 1.3414 – 1.3192. Alternative scenario: breakout and consolidation above the level of 1.3950 will allow the pair to continue rising to the levels of 1.4200 – 1.4350. A buy signal: after the level of 1.3950 is broken to the upside. Stop Loss:
  • Short-term Analysis for Oil, Gold, and EURUSD for 23.08.2024

    Short-term Analysis for Oil, Gold, and EURUSD for 23.08.2024
    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 traded in a downward correction.Highlights and key pointsUSCrude: oil is maintaining an upward correction. The potential targets of the correction are the resistance (A) or resistance (B). Short trades can be considered after reaching
  • Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.08.2024

    Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.08.2024
    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: the pair continues to decline in correction (2) toward 55901.27. Consider short trades at the current level with a take-profit order placed at 55901.27. XRPUSD: the price grows in the impulse wave (C) to the high of 0.654. Consider long trades at the current level, taking profits at 0.654. ETHUSD: the
  • US Dollar to Regain Ground Against Euro. Forecast as of 23.08.2024

    US Dollar to Regain Ground Against Euro. Forecast as of 23.08.2024
    The EURUSD pair has reached multi-year highs due to economic factors, monetary policy, and risk appetite. However, the euro is facing challenges. Will the US dollar capitalize on these weaknesses? Let's discuss this topic and make a trading plan.Highlights and key points The divergence in US and Eurozone economic growth is narrowing. The difference in the pace of monetary policy expansion between the Fed and the ECB is not as significant as it seems. Jerome Powell could dampen global risk appeti

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