Bank of England’s dovish stance surprises, GBP faces pressure

2025.05.16 2025.05.16 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 16.05.2025 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. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to climb to the previous high. The recommendation is to open long trades…

According to the Microsoft (MSFT) stock chart:→ The candle on 29 January closed around $441 before the company released its Q4 2024 earnings report.→ As a result, the 30 January session opened with a significant bearish gap and closed lower at around $415, marking a total decline of over 6%, despite the company exceeding analysts’…

Yesterday, the EUR/USD exchange rate rose above the 1.1700 level for the first time this year. The last time one euro was worth more than 1.70 US dollars was in autumn 2019. The main driver behind the euro’s rise is the weakening dollar, largely due to decisions made by the Trump administration. This week alone,…

When you think of Disney characters, your mind probably jumps to cheerful princesses, brave heroes, or magical sidekicks. But let’s be real—the villains are the ones who really bring the fireworks. Every character has a role, but the villains? They create the conflict, the suspense, and the unforgettable moments that stick with young fans and…

USD/JPY’s rise from 139.87 contained last week and hit as high as 157.88 before retreating. Initial bias remains neutral this week first for consolidations. Downside should be contained by 154.47 resistance turned support to bring rebound. On the upside, break of 157.88 will target 161.8% projection of 146.58 to 153.26 from 149.37 at 160.17. In…