Author name: The Forex Feed

2025.02.07 2025.02.07 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.02.2025 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 will presumably continue declining in the actionary wave [Y]. Consider short positions from the […]

Major currencies are little changed so far with the dollar keeping steadier on the day. The greenback caught a breather in trading yesterday, after having dealt with a setback following the opening gap higher on Monday. Tariff fears are receding and that’s led to the turnaround in sentiment, with the focus now shifting back to

Consensus forecasts predict an increase of 169,000 jobs, with the unemployment rate expected to remain at 4.1%. Strong numbers (over 190,000 jobs) could strengthen the dollar, while weak numbers (less than 135,000 jobs) could weaken it.  (DXY) currently has support levels around 107.00, 106.13, and 105.76, and resistance levels at 108.00, 108.49, and 109.52. Most

Consensus estimate +170K Estimate range +60K to +250K December was +256K Private consensus +141K versus +223K prior Unemployment rate consensus estimate 4.1% versus 4.1% prior Prior unrounded unemployment rate 4.0855% Prior participation rate 62.5% Prior underemployment U6 7.5% Avg hourly earnings y/y exp +3.8% versus +3.9% prior Avg hourly earnings m/m exp +0.3% versus +0.3%

2025.02.06 2025.02.06 Accumulative Swing Index (ASI) Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ The Accumulative Swing Index (ASI) is a technical analysis indicator that assists traders and investors in determining trend direction, spotting breakouts of support and resistance levels, and forecasting price changes. Developed by J. Welles Wilder Jr, the ASI aggregates price fluctuation data to provide a clear picture

The Australian dollar has snapped a three-day rally on Thursday.  In the European session, AUD/USD is trading at 0.6266, down 0.27% on the day.  After sliding to a 5-year low on Monday, the Aussie has recovered and gain 0.9% this week. Australia’s PMI stronger than expected It’s been a good week for Australian PMIs.  On

2025.02.06 2025.02.06 Short-Term Analysis for Oil, Gold, and EURUSD for 06.02.2025 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. Yesterday, gold continued

Prior 2.6%; revised to 2.7% The Swiss jobless rate is seen steady last month, after a slight revision higher to the December reading. Overall, the trend points gradual softness in the labour market after a stronger period in the post-Covid recovery. This article was written by Justin Low at www.forexlive.com. Source link