NEW YORK, Aug.
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2025.12.05 2025.12.05 XAU/USD: Elliott Wave Analysis and Forecast for 05.12.25 – 12.12.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 4,018.50 with a target of 4,600.00 – 4,800.00. A buy signal: the price holds above 4,018.50. Stop Loss: below 4,018.50, Take Profit:…
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Most Read: GBP/USD Forecast: Cable Recovers but the Outlook Remains Murky. WIll NFP Data Serve as a Catalyst? EUR/USD finally got the catalyst it needed to break the channel that price had been holding since the back end of July. August 22 and September 1 both saw EUR/USD attempt to break beyond the channel but…
The Week Ahead – more headaches for central banks – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Overall Analysis USD/CHF in an uptrend with strong channel support; the pair stays strong on the daily time frame. USD/JPY breakout of the distribution zone; breaking the halt zone will decide the direction. USD/CHF Chart Analysis 15 min time frame On the 11th Nov 2024, the pair kept its rally strong towards the upside with…
The session is not over yet for NZD and AUD traders, who have immediate data to digest before the Thanksgiving lull hits North American markets. NZD traders are bracing for the Retail Sales (Q3) release, which is imminent. With the RBNZ having just cut rates, this data will confirm if consumer spending is finally stabilizing….