Author name: The Forex Feed

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.04.2025

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.04.2025

2025.04.16 2025.04.16 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 16.04.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: the price is expected to decline in correction 2. Consider opening short positions from the current level […]

Eurostoxx futures -1.6% in early European trading

Eurostoxx futures -1.6% in early European trading

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

USD/INR softens ahead of US Retail Sales release, Fed’s Powell speech

USD/INR softens ahead of US Retail Sales release, Fed’s Powell speech

The Indian Rupee gathers strength in Wednesday’s Asian session.  The softer US Dollar and lower crude oil prices continue to underpin the INR.  The US March Retail Sales report and speech by Fed Chair Powell will be the highlights later on Wednesday.  The Indian Rupee (INR) trades in positive territory for the fifth consecutive day

China GDP Expands More Than Expected

China GDP Expands More Than Expected

China’s economy grew more than expected in the first quarter despite trade tariff disputes, official data revealed on Wednesday. Gross domestic product grew 5.4 percent year-on-year, the National Bureau of Statistics reported. This was better than economists’ forecast of 5.1 percent and it was unchanged from the previous quarter. Quarter-on-quarter, the economy grew 1.2 percent

Forex Economic Calendar Overview: Key Events for the Next Trading Week (21.04.2025–27.04.2025)

Forex Economic Calendar Overview: Key Events for the Next Trading Week (21.04.2025–27.04.2025)

2025.04.15 2025.04.16 Weekly Economic Calendar for 21.04.2025–27.04.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Last week was a shortened trading week due to Good Friday, with banks and stock exchanges closed in Catholic countries. The upcoming week is also expected to start with lower activity on Monday because of Easter Monday, which may lead to lower trading volumes. While few

Japan Reuters Tankan – Manufacturing index +9 in April from -1 in March

Japan Reuters Tankan – Manufacturing index +9 in April from -1 in March

Japan Reuters Tankan Japanese manufacturers reported a rebound in sentiment in April, according to the latest Reuters Tankan survey, but the outlook for the next quarter has turned gloomy amid rising concerns over U.S. tariffs. The manufacturers’ index rose to +9 from -1 in March, indicating more optimism than pessimism. However, sentiment is expected to

Mexican Peso slips as USD/MXN reclaims 20 despite tariff exemption hopes

Mexican Peso slips as USD/MXN reclaims 20 despite tariff exemption hopes

Mexican Peso pares gains late in session as traders digest Trump’s shifting tariff stance and looming US tomato duties. Sheinbaum continues talks to avoid steep tariffs; US to impose 20.91% duty on Mexican tomatoes from July 14. Traders eye Mexico’s inflation and retail data, while US Retail Sales and Jobless Claims remain i The Mexican

Canadian Dollar struggles near 1.40 amid soft inflation and trade uncertainty

Canadian Dollar struggles near 1.40 amid soft inflation and trade uncertainty

USD/CAD trades near the 1.4000 area after bouncing from mid-1.38s earlier this week. Softer Canadian inflation and Powell’s tariff warnings pressure the Canadian Dollar outlook. Key resistance stands at 1.4060; technical backdrop skews bearish despite recent rebound. USD/CAD hovered near the 1.4000 zone on Tuesday, consolidating after recovering from earlier lows around the 1.3850 region.

AUDUSD pushes higher and tests key resistance zone near 2025 highs

AUDUSD pushes higher and tests key resistance zone near 2025 highs

AUDUSD technicals The AUDUSD has been on a strong run higher and is now pressing up against a critical resistance zone defined by multiple technical barriers. The pair is currently testing the double top highs near 0.6390, last seen in March and early April, and edging closer to the 2025 high of 0.6407. This area

Wheat Price Forecast & Prediction for 2025, 2026, 2027–2030, 2040 and Beyond

Wheat Price Forecast & Prediction for 2025, 2026, 2027–2030, 2040 and Beyond

2025.04.15 2025.04.15 Wheat Price Forecast & Prediction for 2025, 2026, and 2027–2030 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Wheat is a pivotal agricultural commodity that impacts the global economy and food security. WHEAT is a popular investment for traders and investors alike. Wheat’s price movements are cyclical, but the value of wheat can be affected by natural and geopolitical

Pound Sterling outperforms on strong UK employment data

Pound Sterling outperforms on strong UK employment data

The Pound Sterling outperforms most of its peers on upbeat UK employment data for three months ending February. Investors await the UK CPI data for March, which will be released on Wednesday. US President Trump will likely announce a temporary suspension of automobile tariffs. The Pound Sterling (GBP) advances against its major peers, except antipodeans,

Euro Softens on ZEW Shock, Loonie Dips on CPI, Kiwi Leads

Euro Softens on ZEW Shock, Loonie Dips on CPI, Kiwi Leads

Euro is trading on the softer side in relatively quiet markets today, weighed down by a fresh round of weak economic data. The sharp plunge in German and Eurozone ZEW economic sentiment, triggered largely by mounting uncertainty over US trade policy, has deepened concerns about the region’s growth outlook. Adding to the dovish tone, ECB’s

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