Is the Bank of Canada (BOC) likely to announce a mega 0.50% interest rate cut this time? Here’s what’s on my radar for AUD/CAD and CAD/JPY in case the BOC gives an extra dovish policy announcement.
2025.02.28 2025.02.28 XAU/USD: Elliott Wave Analysis and Forecast for 28.02.25 – 07.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: once the correction ends, consider long positions above the level of 2583.80 with a target of 3100.00 – 3300.00. A buy signal: the level of 2583.80 is broken to the upside….
BTCUSD trades sideways in the past few sessions Sentiment deteriorates after multiple rejections at 50-day SMA Momentum indicators are skewed to the downside BTCUSD (Bitcoin) has been losing ground in August, experiencing a strong selloff on the back of a downbeat July NFP report. In contrast to stocks, Bitcoin has failed to recover notable ground as the 50-day simple…
Daily Pivots: (S1) 0.6508; (P) 0.6577; (R1) 0.6640; More… AUD/USD failed to sustain below 61.8% retracement of 0.6269 to 0.6941 at 0.6526 will target 0.6348, and recovered after dipping to 0.6511. Intraday bias is turned neutral again first. Further fall is still expected as long as 0.6644 resistance holds. Firm break of 0.6526 will pave…
Understanding forex trading hours is important. Operating continuously from Sunday evening to Friday night, the forex market spans different time zones and isn’t tied to a single exchange. For those based in the UK, recognising the most active forex market trading times might impact results. In this article, we explain the main sessions and explore…
Slight Retreat in the Dollar and A Razor-Thin Bank of England Interest Rate Decision November 6, 2025 The stepped down a little in overnight trading, losing 0.3% against the euro and yen, 0.2% relative to the Swiss franc and sterling, and 0.1% vis-a-vis the Canadian and Australian currencies. Alternatively, South Korea’s won lost 0.4% against…
Investing.com — MicroStrategy Inc (NASDAQ:).’s co-founder and Chairman, Michael Saylor, has recommended companies to invest in , labeling bonds as “toxic,” Bloomberg reported on Monday. Saylor made these remarks during his presentation at the ICR Conference in Orlando on Monday. Saylor compared the performance of Bitcoin and bonds since 2020, pointing out that the value…