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GBP/USD: Elliott wave analysis and forecast for 29.08.25 – 05.09.25 | LiteFinance
2025.08.29 2025.08.29 GBP/USD: Elliott Wave Analysis and Forecast for 29.08.25 – 05.09.25 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 the level of 1.3380 with a target of 1.3850 – 1.4000. A buy signal: the price holds above 1.3380. Stop Loss: below 1.3300, Take Profit:…
WTI: Crude Oil Jumps 3% as US Imposes Sanctions on Leading Russian Oil Suppliers – Action Forex
WTI oil opened with gap higher and rose around 3% during Asian / mid-European session on Thursday, lifted by the latest decision of President Trump to impose sanctions on two major Russian oil suppliers. The US decision comes at the same time with new package of EU sanctions on Russia and decision to stop buying…
USD/JPY Weekly Outlook – Action Forex
USD//JPY stayed in consolidation below 156.74 last week. and initial bias stays neutral this week first. On the downside, break of 153.27 will bring deeper correction to 38.2% retracement of 139.57 to 156.74 at 150.18. Meanwhile, on the upside, firm break of 156.74 will resume the rally from 139.57 towards 161.95 high. In the bigger…
Dogecoin (DOGEUSD) Price to Bounce up to Level $0.174
Dogecoin (DOGEUSD) Price Forecast: October 30 The DOGEUSD pair has grown remarkably. The crypto price may bounce up to a level of $0.174 as it demonstrates renewed bullish momentum despite recent market downturns. The coin price is facing a high volume from the bulls. Thus, the potential breakout from the immediate resistance of $0.147 will…
EURJPY Breaks a Medium-term Resistance at the 163.50 Mark
The EURJPY has continued its upside correction after the ECB met interest rate expectations by lowering it by 25 basis points. As a result, policymakers are now confident that inflation in Europe will reduce toward the 2% target. This may aid the pair in achieving more gains in the meantime. Key Price Levels:Resistance Levels: 165.00,…
Bid Vs. Ask: How To Read Quotes And Lower Trading Costs
Do bid and ask prices in forex confuse you? Not sure why your trades start negative right out of the gate? You’re not alone. When I started my trading journey over 20 years ago, the idea of two separate prices for a market was puzzling, to say the least. The good news is that you’re…
