2025.05.09 2025.05.09 XAU/USD: Elliott Wave Analysis and Forecast for 09.05.25 – 16.05.25 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 3189.35 with a target of 3800.00 – 4200.00. A buy signal: the price holds above 3189.35. Stop Loss: below 3150.00, Take Profit: […]
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Gold price tries to stabilise The spot gold price’s over 3% drop from this week’s $3,435.00 per troy ounce high amid hopes of US trade agreements being made, like the one with the UK on Thursday, is being followed by a recovery in the precious metal ahead of this weekend’s planned US-China trade talks which slightly
Yesterday afternoon, Donald Trump finally presented his first trade deal with the United Kingdom in the Oval Office. However, despite all the fanfare, it must be said that the substance was rather thin once again. There was much talk of the great opportunities that this deal offers both countries, Commerzbank’s FX analyst Volkmar Baur notes.
AUD/USD slips as EUR/JPY, USD/JPY rallies run out of steam ahead of US-China trade talks at the weekend. Source link
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2025.05.09 2025.05.09 Short-Term Analysis for Oil, Gold, and EURUSD for 09.05.2025 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 continued
Market reaction to the much-anticipated US-UK trade agreement was cautiously positive, though not particularly enthusiastic. While major US equity indices closed higher overnight, DOW, S&P 500, and NASDAQ all gave back early gains to finish near their opening levels, suggesting that the initial optimism faded as details of the deal emerged. The muted tone suggests
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
AUD/USD continues to face downward pressure amid stalled US-China trade negotiations. Beijing is unlikely to ease tariffs ahead of the upcoming talks in Switzerland, fueling market uncertainty and weakening risk sentiment. President Trump has announced a “major” trade deal with the United Kingdom, although key tariffs will stay at 10%. The AUD/USD pair recovers its
more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link
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The average of household spending in Japan was up 2.1 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday – coming in at 290,511 yen. That exceeded expectations for an increase of 0.2 percent following the 0.5 percent fall in the previous month. The average of monthly income per
Westpac forecast RBNZ rate cut of 25bp in May and 25bp cut in July more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link
USD/INR lurched to one of its biggest single-day moves in recent history. Tensions are rising rapidly between India and Pakistan as military action spins up. The two regions have been caught in multiple conflicts over the Kashmir region over the years. USD/INR surged to fresh highs on Thursday, bolstered by a fresh pummeling of the
