Analyst news

• Crude Oil Price Forecast for 2024–2030 and Beyond: WTI and Brent Outlook

  26-08-2024 10:37 via litefinance.org
  
  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
  
  Read more

• Boeing Forecast & BA Price Predictions for 2024 and Beyond

  13-09-2024 17:03 via litefinance.org
  
  In the ever-evolving stock market landscape, Boeing Co. (NYSE: BA) emerges as a focal point for investors and financial analysts. Addressing the pivotal question, "Are Boeing prices expected to go up or down?" The analysis leans towards an upward trajectory. This positive sentiment is backed by an anticipated improvement in financial fundamentals, including revenue and EPS, positioning Boeing as a stock with promising prospects for growth.Highlights and Key Points: Boeing Stock Forecast 2024-203
  
  Read more

• Falling Wedge Pattern: A Trader's Guide to Success

  13-09-2024 15:50 via litefinance.org
  
  In the realm of technical analysis, chart patterns are essential as they assist traders in making well-informed decisions. Patterns appear in all markets, including commodities, stocks, cryptocurrency, and Forex.Patterns indicate potential price movement. Among these patterns is a "Falling wedge" formation, which is a very effective tool in trend forecasting. This reversal pattern allows you to enhance forecast accuracy and trading efficiency. The article focuses on the characteristics of a "Fal
  
  Read more

• XAUUSD: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

  13-09-2024 14:30 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 2497.30 with a growth target of 2600.00 – 2700.00. A buy signal: if the price holds above 2497.30. Stop Loss: below 2480.00, Take Profit: 2600.00 – 2700.00. Alternative scenario: breakout and consolidation below the level of 2497.30 will allow the pair to continue declining to the levels of 2427.72 – 2292.30. A sell signal: once the level of 2497.30 is broken to the downside. St
  
  Read more

• Advertisement

• WTI Crude Oil: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

  13-09-2024 14:00 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 61.50 – 53.60. A sell signal: if the price holds below 77.20. Stop Loss: above 78.50, Take Profit: 61.50 – 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
  
  Read more

• USDJPY: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

  13-09-2024 13:30 via litefinance.org
  
  Highlights and key points Main scenario: consider short positions from corrections below the level of 149.34 with a bearish target of 131.25 – 123.97. A sell signal: if the price holds below 149.34. Stop Loss: above 150.50, Take Profit: 131.25 – 123.97. Alternative scenario: breakout and consolidation above the level of 149.34 will allow the pair to continue rising to the levels of 155.22 – 161.75. A buy signal: once the level of 149.34 is broken to the upside. Stop Loss: below
  
  Read more

• GBPUSD: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

  13-09-2024 13:00 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 1.3000 with a growth target of 1.3500 – 1.3740. A buy signal: if the price holds above 1.3000. Stop Loss: below 1.2970, Take Profit: 1.3500 – 1.3740. Alternative scenario: breakout and consolidation below the level of 1.3000 will allow the pair to continue declining to the levels of 1.2893 – 1.2804. A sell signal: once the level of 1.3000 is broken to the downside. Stop Loss: ab
  
  Read more

• Aussie Posts Gains on Rising Risk Appetite. Forecast as of 13.09.2024

  13-09-2024 12:34 via litefinance.org
  
  While traders sought to capitalize on the divergence in monetary policy between the RBA and other central banks, AUDUSD bulls saw another avenue for potential gain: rising global risk appetite. Let's discuss this topic further and make a trading plan. Highlights and key points The AUDUSD pair is sensitive to the US stock indices. The Reserve Bank of Australia is not planning to cut rates in the near term. The US dollar may recover thanks to the FOMC forecasts.  One can open positions o
  
  Read more

• Advertisement

• EURUSD: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

  13-09-2024 12:30 via litefinance.org
  
  Highlights and key points Main scenario: consider long positions from corrections above the level of 1.0998 with a growth target of 1.1300 – 1.1500. A buy signal: if the price holds above 1.0998. Stop Loss: below 1.0960, Take Profit: 1.1300 – 1.1500. Alternative scenario: breakout and consolidation below the level of 1.0998 will allow the pair to continue declining to the levels of 1.0880 – 1.0773. A sell signal: once the level of 1.0998 is broken to the downside. Stop Loss: ab
  
  Read more

• USDCHF: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

  13-09-2024 12:00 via litefinance.org
  
  Highlights and key points Main scenario: consider short positions from corrections below the level of 0.8743 with a bearish target of 0.8200 – 0.8000. A sell signal: if the price holds below 0.8743. Stop Loss: above 0.8800, Take Profit: 0.8200 – 0.8000. Alternative scenario: breakout and consolidation above the level of 0.8743 will allow the pair to continue rising to the levels of 0.9044 – 0.9224. A buy signal: once the level of 0.8743 is broken to the upside. Stop Loss: below
  
  Read more

• USDСAD: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

  13-09-2024 11:31 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 1.3840, 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
  
  Read more

• Short-term Analysis for Oil, Gold, and EURUSD for 13.09.2024

  13-09-2024 09:22 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 has reached the resistance (A) 1.1094 - 1.1086 today.Highlights and key pointsUSCrude: oil has started an upward correction and is approaching the resistance (B) 69.65 - 69.20. Short trades can be considered near this zone. XAUUSD: gold has pierced t
  
  Read more

• Euro Strengthens on ECB Signals. Forecast as of 13.09.2024

  13-09-2024 08:35 via litefinance.org
  
  The European Central Bank appears to be satisfied with the current market pricing. The ECB did not signal a rate cut in October, which led to a surge in the EURUSD exchange rate. The US data provided further support. Let's discuss these topics and make a trading plan.Highlights and key points The market is uncertain what the Fed will decide in September. The ECB ruled out an October rate cut. The Fed will not scare investors, which will support the US dollar. The EURUSD pair can be sold on a reb
  
  Read more

• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 13.09.2024

  13-09-2024 08:31 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],
  
  Read more

• What is FUD in Crypto: Insights for Investors

  12-09-2024 14:09 via litefinance.org
  
  FUD, in the world of crypto, is the negative sentiment in digital assets, affecting everything from individual startups to the entire cryptocurrency market. FUD tends to arise as pessimism grows in the market, often spurred by artificial factors.Typically, FUD leads to massive sell-offs and price drops. Market makers, such as large funds and investors, often capitalize on this market stance. They deliberately amplify panic to drive the price down and buy cryptocurrency as cheaply as possible. So
  
  Read more

• Pound Loses Ground Against Greenback. Forecast as of 12.09.2024

  12-09-2024 11:47 via litefinance.org
  
  The pound sterling is trying to use its advantages, but they are no longer relevant. The UK economy is expanding. However, wages are decelerating. Why does the Bank of England delay a repo rate cut? Let's discuss this topic and make a trading plan for the GBPUSD pair.Highlights and key points UK's economy may lose its G7 leadership. Markets are overly optimistic about BoE's slowness. Reassessment of Fed rate outlook drags the GBPUSD pair down. The British pound risks falling to $1.295 in the nea
  
  Read more

• Forex Mirror Trading

  12-09-2024 10:30 via litefinance.org
  
  In the Forex market, mirror trading represents an approach that enables investors to automatically replicate the trades and strategies of experienced traders. The investor subscribes to the trader's account and earns profits together with the trader. The trader receives a commission of up to 20% of the investor's profit. The broker earns on the spread. The mirror trades investment strategy is suitable for beginners who can gain hands-on experience by following the decisions of professional trade
  
  Read more

• Limit Order vs. Market Order: Know Your Orders

  12-09-2024 10:06 via litefinance.org
  
  When trading Forex, traders often consider whether to use a market or limit order. The only difference is that a market order allows you to execute trades immediately, while a limit order enables you to buy or sell an asset at a predetermined price and time. Besides, a limit order provides a more precise entry into the market, whereas a market order enables swift reactions to market volatility. As a result, each order is good in its way. Let us analyze which one is better — a market or lim
  
  Read more

• Short-term Analysis for Oil, Gold, and EURUSD for 12.09.2024

  12-09-2024 09:33 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.Oil is trading in a correction.Highlights and key pointsUSCrude: oil is rising and approaching the resistance (A) 68.01- 67.71. Short trades can be considered near this zone. XAUUSD: gold has failed to break through the Target Zone 2529 - 2514. If a correctio
  
  Read more

• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.09.2024

  12-09-2024 08:41 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],
  
  Read more

• US Dollar Turns the Page. Forecast as of 12.09.2024

  12-09-2024 08:34 via litefinance.org
  
  Has the US economy reached a point where high inflation is no longer a concern? The market is skeptical. The greenback benefited from rising Treasury yields and the prospect of a 25-basis-point Fed rate cut in September. Let's discuss this topic and make a trading plan for theEURUSD pair.Highlights and key points Core inflation in the US unexpectedly accelerated. The Fed faces a new problem. The ECB's dovish rhetoric will put pressure on the euro. The EURUSD pair risks slumping to 1.0945 sooner
  
  Read more

• 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
  
  Read more

• 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
  
  Read more

• 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,
  
  Read more

• 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
  
  Read more

• 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],
  
  Read more

• 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
  
  Read more

• Gold May Continue Its Rally to New Highs. Forecast as of 10.09.2024

  10-09-2024 12:05 via litefinance.org
  
  The precious metal has lost support from Asia, as evidenced by the People's Bank of China's reluctance to buy it. However, gold will benefit from lower federal funds rate. Let's discuss these topics and make a trading plan for the XAUUSD.Highlights and key points The People's Bank of China does not buy gold for the fourth consecutive month. The XAUUSD's reaction to US employment data reduces the chances of a pullback. Inflation and the US presidential debate may offer insight into gold's fu
  
  Read more

• Economic calendar for the week 16.09.2024 – 22.09.2024

  10-09-2024 12:02 via litefinance.org
  
  The unceasing debate regarding the magnitude of the Fed's interest rate cut will likely settle in the coming week. The US central bank will announce its decision on Wednesday. Most analysts still predict a 0.25% rate cut. However, the focus will likely shift to the Fed's press conference, accompanying statements, and projections for interest rates, inflation, and economic growth over the next 1–3 years and beyond.In the upcoming week, 16.09.2024 – 22.09.2024, the central ba
  
  Read more

• Short-term Analysis for Oil, Gold, and EURUSD for 10.09.2024

  10-09-2024 09:22 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.Oil is maintaining its short-term downtrend.Highlights and key pointsUSCrude: oil remains under pressure. The price is trying to correct upwards to the target at the resistance (A) 69.98 - 69.68. XAUUSD: gold is trading in a channel between the upper Target Z
  
  Read more

Follow @news_analyst on Twitter!