FX Weekly Recap: June 17 – 21, 2024
The Aussie and Loonie dominated FX price action while the Japanese yen saw downtrends despite rate hike talks from the BOJ. What’s up with that?!
The Aussie and Loonie dominated FX price action while the Japanese yen saw downtrends despite rate hike talks from the BOJ. What’s up with that?!
Last Friday, I shared a detailed XAUUSD market outlook for Monday, outlining a clear structural bias and projected target. The analysis was based on: Clear higher-timeframe market structure Liquidity sweep at a key level Well-defined supply/demand zone Confirmation before entry 📌 The plan was simple: wait for price to respect the level and follow the…
2026.05.01 2026.05.01 EUR/USD: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26 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 1.1650 with a target of 1.2088–1.2400. A buy signal: the price holds above 1.1650. Stop Loss: below 1.1610, Take Profit: 1.2088–1.2400. Alternative scenario: Breakout and consolidation below…
Forex trading is an after-work (or maybe during work) hobby and happens if and when you have enough strength to keep your eyes open. You haven’t gained the trading experience to take it full time, but that’s the dream. And a great dream it is. But it seems like the days are getting shorter, and…
TradingView has introduced Classification of Financial Instruments (CFI) codes across its platform, the company said on Friday. The move provides users with a standardised way to identify and compare stocks, bonds, and funds based on their structural characteristics rather than names alone. The charting platform explained that CFI codes use a six-letter system in which…
Ticaret zaten yeterince stresli. Neden bir işlem yapmadan hemen önce hala hesap makinesi kullanıyorsunuz? Altın (XAUUSD), US30 veya Bitcoin gibi dalgalı varlıklar yükseldiğinde, her milisaniye önemlidir. Şunu hayal edin: Mükemmel kurulumu görüyorsunuz. Hesabınızın tam olarak %1’ini riske atmak istersiniz. Stop Loss’a olan nokta mesafesine bakıyorsun, bir hesap makinesi çıkarıyorsun, tam parti boyutunu hesaplamaya çalışıyorsun… ve…
EUR/USD is climbing higher above 1.1520 and 1.1540. USD/JPY managed to reclaim 154.00 and might aim for more gains. Important Takeaways for EUR/USD and USD/JPY Analysis Today · The Euro started a decent increase above the 1.1520 pivot level. · There is a key bullish trend line forming with support near 1.1570 on the hourly…