Lite Forex Blog
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Lite Forex shares in the opinions from professionals, cryptocurrency market analysis, technical and fundamental forex analysis, waves analysis, trading strategies, financial news.
Lite Forex Blog
9m ago
Major Takeaways Main scenario: Consider short positions from corrections below the level of 2794.34 with a target of 2418.82 – 2304.21. A sell signal: if the price holds below 2794.34. Stop Loss: above 2800, Take Profit: 2418.82 – 2304.21. Alternative scenario: Breakout and consolidation above the level of 2794.34 will allow the asset to continue rising to the levels of 2880.00 – 3000.00. A buy signal: the level of 2794.34 is broken to the upside. Stop Loss: below 2785.00, Take Profit: 2880.00 – 3000.00. Main Scenario Consider short positions from corrections below the level of 2794.34 with a ..read more
Lite Forex Blog
2h ago
Major Takeaways Main scenario: Consider short positions from corrections below the level of 2794.34 with a target of 2418.82 – 2304.21. A sell signal: if the price holds below 2794.34. Stop Loss: above 2800, Take Profit: 2418.82 – 2304.21. Alternative scenario: Breakout and consolidation above the level of 2794.34 will allow the asset to continue rising to the levels of 2880.00 – 3000.00. A buy signal: the level of 2794.34 is broken to the upside. Stop Loss: below 2785.00, Take Profit: 2880.00 – 3000.00. Main Scenario Consider short positions from corrections below the level of 2794.34 with a ..read more
Lite Forex Blog
2h ago
Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 78.88 with a target of 61.50 – 53.60. A sell signal: the price holds below 78.88. Stop Loss: above 79.20, Take Profit: 61.50 – 53.60. Alternative scenario: Breakout and consolidation above the level of 78.88 will allow the asset to continue rising to the levels of 83.75 – 94.97. A buy signal: the level of 78.88 is broken to the upside. Stop Loss: below 78.50, Take Profit: 83.75 – 94.97. Main Scenario Consider short positions below the level of 78.88 with a target of 61.50... Read full author’s ..read more
Lite Forex Blog
3h ago
Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.0620 with a target of 1.0193 – 1.0000. A sell signal: the price holds below 1.0620. Stop Loss: above 1.0650, Take Profit: 1.0193 – 1.0000. Alternative scenario: Breakout and consolidation above the level of 1.0620 will allow the pair to continue rising to the levels of 1.0790 – 1.0940. A buy signal: the level of 1.0620 is broken to the upside. Stop Loss: below 1.0590, Take Profit: 1.0790 – 1.0940. Main Scenario Consider short positions from corrections below the level of 1.0620 with a target of 1.0193 ..read more
Lite Forex Blog
3h ago
Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 153.70 with a target of 141.65 – 138.08. A sell signal: the price holds below 153.70. Stop Loss: above 154.00, Take Profit: 141.65 – 138.08. Alternative scenario: Breakout and consolidation above the level of 153.70 will allow the pair to continue rising to the levels of 154.85 – 156.80. A buy signal: the level of 153.70 is broken to the upside. Stop Loss: below 153.40, Take Profit: 154.85 – 156.80. Main Scenario Consider short positions below the level of 153.70 with a target of 141.65... Rea ..read more
Lite Forex Blog
3h ago
The Swiss National Bank has cut the key rate by 50 basis points, aiming to accelerate inflation and weaken the franc. Will it reach the goals? Let’s discuss it and make a trading plan for EURCHF and USDCHF. Major Takeaways The Swiss National Bank has cut the rate from 1% to 0.5%. The SNB's resources in fighting against inflation are almost exhausted. Political risks in Europe will continue to strengthen the franc. EURCHF risks falling to 0.92, and USDCHF - rising to 0.915. Monthly Fundamental Forecast for Franc New lords, new laws. While the previous head of the Swiss National... Read full aut ..read more
Lite Forex Blog
3h ago
Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.2800 with a target of 1.2240 – 1.1900. A sell signal: the price holds below 1.2800. Stop Loss: above 1.2830, Take Profit: 1.2240 – 1.1900. Alternative scenario: Breakout and consolidation above the level of 1.2800 will allow the pair to continue rising to the levels of 1.3054 – 1.3440. A buy signal: the level of 1.2800 is broken to the upside. Stop Loss: below 1.2770, Take Profit: 1.3054 – 1.3440. Main Scenario Consider short positions from corrections below the level of 1.2800 with a target of 1.2240 ..read more
Lite Forex Blog
5h ago
Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 0.9023 with a target of 0.8586 – 0.8386. A sell signal: the price holds below 0.9023. Stop Loss: above 0.9050, Take Profit: 0.8586 – 0.8386. Alternative scenario: Breakout and consolidation above the level of 0.9023 will allow the pair to continue rising to the levels of 0.9222 – 0.9444. A buy signal: the level of 0.9023 is broken to the upside. Stop Loss: below 0.8990, Take Profit: 0.9222 – 0.9444. Main Scenario Consider short positions below the level of 0.9023 with a target of 0.8586... Rea ..read more
Lite Forex Blog
5h ago
Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.4112 with a target of 1.4300 – 1.4500. A buy signal: the price holds above 1.4112. Stop Loss: below 1.4080, Take Profit: 1.4300 – 1.4500. Alternative scenario: Breakout and consolidation below the level of 1.4112 will allow the pair to continue declining to the levels of 1.3970 – 1.3800. A sell signal: the level of 1.4112 is broken to the downside. Stop Loss: above 1.4140, Take Profit: 1.3970 – 1.3800. Main Scenario Consider long positions from corrections above the level of 1.4112 with a target of 1.4 ..read more
Lite Forex Blog
6h ago
Despite sharing similar names, the USD and USDT are two completely distinct assets. The US dollar serves as the bedrock of the global financial system. The currency is the primary means of payment in the United States and a crucial safe-haven reserve currency used for international settlements. Tether (USDT) is a stablecoin created by Tether Limited to mitigate the inherent volatility of cryptocurrencies. Its primary attribute is its direct correlation with the US dollar, which enables the token to retain a consistent value. This article examines the differences between the USD and USDT, as we ..read more