Author: Silas W

2024.12.02 2024.12.02 Yen May Seize Its Opportunity. Forecast as of 02.12.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Monetary policy divergence is a strong driver, but speed and rate differentials are important. Additional uncertainty is introduced by the Trump trade. Let’s discuss this topic and make a trading plan for the USDJPY pair. The article covers the following subjects: Major Takeaways Robust…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

As reflected in the XAG/USD chart, the price of silver this morning is trading near $30.2, just above a critical support zone formed by: → The psychological level of $30.00;→ The lower boundary of the ascending channel. As indicated by the blue arrows, this lower boundary has consistently provided support, enabling bullish reversals in silver…

Mastering Forex Trading with AI Multi-pairs EA In the fast-paced world of forex trading, staying ahead of the curve is essential for success. As technology continues to evolve, traders are constantly seeking innovative solutions to enhance their trading strategies and maximize profits. One such groundbreaking tool is the AI Multi-pairs EA, a sophisticated Expert Advisor…

(Reuters) – The euro dropped versus a strengthening dollar on Monday, with investors concerned about political developments in France. France’s far-right National Rally (RN) party will likely back a no-confidence motion against the government in the coming days unless there is a “last minute miracle”, RN president Jordan Bardella said on Monday. The growing uncertainty…

2024.12.02 2024.12.02 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.12.2024 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Bitcoin has likely started a sideways correction.  The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to decline in subwave…