Analyst news

• New Payment Service for Clients in Ghana, Kenya, and Nigeria

  11-09-2024 14:34 via litefinance.org
  
  Dear Clients,LiteFinance is excited to introduce a new deposit service specifically for traders from Ghana, Kenya, and Nigeria. Our new bank transfer option offers a convenient way to make deposits and withdrawals in NGN, while the mobile payment option allows to make deposits and withdrawals in KES and GHS easily.Deposit and Withdrawal LimitsCountry Deposits Withdrawals Ghana Min — 163.50 GHS / Max — 40,000 GHS Min — 29 GHS / Max — 2,000,000 GHS Kenya Min — 1,290 K
  
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• Platinum Prices May Skyrocket. Forecast as of 11.09.2024

  11-09-2024 12:08 via litefinance.org
  
  A 6% price drop since the beginning of the year amid record platinum shortages suggests that the metal is undervalued. However, will XPTUSD bulls be able to capitalize on the strong fundamental data? Let's discuss this topic and make a trading plan.Highlights and key points A record platinum deficit of 1 million ounces is expected in 2024. The fastest-growing sectors are investment, up 15%, and jewelry, up 7%. A soft landing of the US economy will allow the XPTUSD to reduce its handicap with the
  
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• Polygon Matic Token Replaced With POL

  11-09-2024 11:36 via litefinance.org
  
  Dear clients,We would like to notify you of the upcoming changes to MTCUSD (Polygon) token trading and the introduction of the new POLUSD asset.Polygon (MATIC) is undergoing an ecosystem upgrade, and the MATIC token will be substituted with a new POL token. The upgrade aims to enhance the network's functionality and scalability, making the project more sustainable and user-friendly. The transition from MATIC to POL is a crucial element of Polygon's long-term development strategy.On September 13,
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 11.09.2024

  11-09-2024 09:38 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 continued its short-term uptrend yesterday.Highlights and key pointsUSCrude: yesterday, oil pierced the Gold Zone 66.25 - 65.99. The next target is Target Zone 2, 63.66 - 63.15. Consider short trades once the correction ends. XAUUSD: gold is growing
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.09.2024

  11-09-2024 09:02 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: an ascending zigzag is expected to rise to 64,899.77. Consider a long position. XRPUSD: an impulse rise to 0.638 is projected. Consider opening long positions. ETHUSD: a bullish zigzag is projected to develop up to 2,814.92. Long positions could be opened.Elliott Wave Analysis for BitcoinThe BTCUSD pair continues forming correction [4],
  
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• US Dollar Retreats Following Presidential Debate. Forecast as of 11.09.2024

  11-09-2024 08:26 via litefinance.org
  
  Following the debate, markets appeared to favor Kamala Harris, which prompted a retreat in the US dollar. Investors are now focusing on the release of US inflation data and the ECB meeting. Let's discuss these topics and make a trading plan for the EURUSD pair.Highlights and key points The odds of a Democratic victory have increased. Markets expect the Fed to cut the interest rate by 150 bp by the end of January. Exaggerated expectations may result in the strengthening of the US dollar. The EURU
  
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