LiteForex_Official

LiteForex_Official

The pair can grow. On the 4-hour chart, the downward correction of the higher level develops as a wave 2, within which the wave b of 2 is forming. Now the wave (c) of b is developing, within which the wave v of (c) is forming. If the assumption is correct, the pair will grow to the level of 1.3227. In this scenario, critical stop loss level is 1.2924. Main...

LiteForex_Official

The pair can grow. On the 4-hour chart, the third wave of the higher level 3 of C develops. Now the first wave of the lower level i of 3 is forming as a wedge, within which the development of the wave (v) of I has begun. If the assumption is correct, the pair will grow to the level of 115.00. In this scenario, critical stop loss level is 111.60. Main...

LiteForex_Official

The pair can fall. On the 4-hour chart, the local correction develops as a wave B of 2 of the higher level. Now the wave b of B is forming, within which the downward momentum is developing as a wave (c) of b. If the assumption is correct, the pair will fall to the levels of 1.2785–1.2665. In this scenario, critical stop loss level is 1.3045. Main scenario Short...

LiteForex_Official

The pair can fall. On the 4-hour chart, the upward correction develops as a wave B of (2). Now the wave b of B is developing, within which the wave (c) of b is forming as a momentum. If the assumption is correct, the pair will fall to the levels of 1.1350–1.1296. In this scenario, critical stop loss level is 1.1547. Main scenario Short positions will become...

LiteForex_Official

Current trend USD is strengthening against EUR. The pair began to decline after the release of poor German Markit Composite PMI, which dropped to 52.7 points in October, while the forecast was expected to reach 54.8. EU Markit Composite PMI also did not meet the forecast, dropping to 52.7 points against the forecast of 53.9. EUR is under pressure of the...

LiteForex_Official

The pair can grow. On the 4-hour chart, the downward correction of the higher level developed as a wave 2, and the wave 3 forms. Now the local correction ii of 3 has developed, and the entry wave (i) of iii has formed. If the assumption is correct, the pair will grow to the levels of 1.0068–1.0170. In this scenario, critical stop loss level is 0.9847. Main...

LiteForex_Official

The pair is in a correction, the growth is possible. On the 4-hour chart, the third wave of the higher level iii of 1 of (5) developed. Now the formation of the local correction as a wave iv of 1 of (5) has begun, within which the wave (a) of iv has formed, and the wave (b) of iv has ended. If the assumption is correct, the pair will grow to the levels of...

LiteForex_Official

Current trend Yesterday, the trading instrument showed a moderate decline, despite the reduction in unemployment in Australia and the growth of the Chinese stock market. As there is a lack of key economic releases, the movement of the pair is of technical nature. AUD remains under a long-term pressure from the US-China trade conflict. According to experts, its...

LiteForex_Official

The pair can grow. On the 4-hour chart, the downward correction of the higher level as a wave 2, within the wave b of 2 is forming. Now the wave (c) of b is developing, within which the wave iii of (c) has ended. If the assumption is correct, the pair will grow to the levels of 1.3227–1.3384. In this scenario, critical stop loss level is 1.2924. Main...

LiteForex_Official

The pair can grow. On the 4-hour chart, the third wave of the higher level 3 of C develops. Now the first wave of the lower level i of 3 is forming as a wedge, within which the local correction has ended as a wave (iv) of i, and the formation of the wave (v) of i has begun. If the assumption is correct, the pair will grow to the levels of 115.00–116.50. In this...

LiteForex_Official

XAG/USD, D1 On the D1 chart, the instrument demonstrates sideways movement within the corridor formed by the center and upper lines of Bollinger Bands. MACD histogram is near zero level and has minimum volume; the signal line is crossing the zero level from below, forming a signal to open long positions. XAG/USD, H4 On the H4 chart, the instrument demonstrates...

LiteForex_Official

The pair can decrease. On the 4-hour chart, the downward correction of the higher level developed as a wave (2), and the development of the third wave (3) began. Now the first wave of the lower level i of 1 of (3) has formed, and the local correction is developing as a wave ii of 1, within which the wave (a) of ii is forming. If the assumption is correct, the...

LiteForex_Official

The pair can fall. On the 4-hour chart, the upward correction develops as a wave B of (2). Now the wave b of B is developing, within which the wave (c) of b is forming. If the assumption is correct, the pair will fall to the levels of 1.1370–1.1296. In this scenario, critical stop loss level is 1.1618. Main scenario Short positions will become relevant during...

LiteForex_Official

Current trend USD strengthened against CAD at the trading on Thursday. The USD was supported by positive for the US economy data on the labor sector. The number of initial jobless claims decreased, reaching 210K, which was 2K lower than the forecast. Continuing jobless claims amounted to 1.640M, which also was better than the forecast. The key event of the day...

LiteForex_Official

The pair can grow. On the 4-hour chart, the downward correction of the higher level developed as a wave 2. Now the formation of the wave 3 has begun, within which the upward momentum has formed as a wave i of 3 of the lower level, and the local correction ii of 3 has developed. If the assumption is correct, the pair will grow to the levels of 1.0068–1.0170. In...

LiteForex_Official

The pair is in a correction and can grow. On the 4-hour chart, the third wave of the higher level iii of 1 of (5) developed. Now the formation the local correction as a wave iv of 1 of (5) has begun, within which the wave (a) of iv has formed, and the wave (b) of iv is developing. If the assumption is correct, after the end of the wave the pair will grow to the...

LiteForex_Official

The pair can grow. On the 4-hour chart, the downward correction of the higher level develops as a wave 2, within which the wave b of 2 forms. Now the wave (c) of b is developing, within which the wave ii of (c) has ended. If the assumption is correct, the pair will grow to the level of 1.3227. In this scenario, critical stop loss level is 1.2924. Main...

LiteForex_Official

The pair can grow. On the 4-hour chart, the third wave of the higher level 3 of C develops. Now the first wave of the lower level i of 3 is forming as a wedge, within which the local correction has ended as a wave (iv) of i. If the assumption is correct, the pair will grow to the levels of 115.00–116.50. In this scenario, critical stop loss level is 111.60. Main...