Dollar remains soft at start of busy week; euro set for hefty annual gains

On 24 October, we noted that the DAX 40 stock index (Germany 40 mini on FXOpen) was losing bullish momentum and could break downward from the Bearish Rising Wedge pattern (marked with black lines). Since then, as indicated by the orange arrow on the DAX 40 chart:→ The price dropped below the pattern.→ It found…

2025.03.21 2025.03.21 EUR to INR Forecast for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The EURINR currency pair reflects the value of the euro against the Indian rupee. The rate is influenced by macroeconomic factors, financial regulators’ policies, and global economic trends. The EURINR pair attracts both short-term traders and long-term investors, playing a pivotal…

As the chart indicates, Canopy Growth Corporation (CGC) shares closed below $5 yesterday for the first time since late March 2024. In the spring, the stock price of the cannabis production and distribution company surged amid expectations that the US Drug Enforcement Administration (DEA) might downgrade marijuana from a Schedule I to a Schedule III…

The5ers said Monday that it has selected cTrader, the multi-asset trading platform developed by Spotware, as an additional option for traders, broadening its technology offering for advanced market participants. The London-based prop trading firm said the move followed a review of multiple platforms. “After conducting an extensive review of multiple platforms, we selected cTrader as…

2024.09.02 2024.09.02 Short-term Analysis for Oil, Gold, and EURUSD for 02.09.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ 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’s short-term…