FX Weekly Recap: February 24 – 28, 2025

2024.09.13 2024.09.13 USDJPY: Elliott wave analysis and forecast for 13.09.24 – 20.09.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: 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:…

USDCAD technicals Tariffs are a big driving influence in the USDCAD. If there is a threat, the USDCAD tends to go higher. If the pressure is off, the price can wander lower. The so-called “Liberation Day” is on April 2 and that has the markets concerned and with it the USDCAD higher. Technically, the USDCAD…

GBP/USD is showing bullish signs above the 1.2870 zone. EUR/GBP is gaining pace and might extend its upward move above the 0.8445 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today · The British Pound is gaining pace above the 1.2870 zone against the US Dollar. · There is a connecting bullish trend line forming…

Strategy: Flip 55 The Flip 55 is a trend-following strategy. This straightforward approach utilizes 2 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be applied…

It doesn’t sound like the US and EU make a quick deal on trade that will drop the 50% tariffs that Trump recommended today and to go into effect on June 1. The US is fully engaged and committed to securing a deal that works for both EU commission remains ready to work in good…