LiteForex_Official

LiteForex_Official

The pair can grow. On the 4-hour chart, the third wave of the higher level 3 of (5) is forming. Now the entering momentum of the lower level i of 3 has formed, and the downward correction ii of 3 has developed. If the assumption is correct, the pair will grow to the levels of 1.2920–1.3131. The level of 1.2449 is critical for this scenario. Main scenario Long...

LiteForex_Official

The growth is expected. On the 4-hour chart, the downward momentum has formed as a wave C within the correction of the higher level (B). Now the first entering wave of the lower level (i) is developing. If the assumption is correct, the pair will grow to the levels of 110.45–111.30. The level of 105.50 is critical for this scenario. Main scenario Long positions...

LiteForex_Official

XAG/USD, D1 On the daily chart, instrument is trading between the lower border and the middle line of Bollinger Bands. MACD histogram is in the negative zone, the signal line crosses the zero line and the histogram’s body downwards, giving a signal to open short positions. Stochastic is in the neutral zone, its lines are pointed downwards. XAG/USD, H4 On the...

LiteForex_Official

The pair can grow. On the 4-hour chart, the fifth wave 5 of (1) of the higher level is developing. Locally the wave v of 5, within which the fourth correctional wave (iv) of v is ending, is developing. If the assumption is correct, the pair will grow to the levels of 1.4343–1.4400. The level of 1.3799 is critical for this scenario. Main scenario Long positions...

LiteForex_Official

The pair can decrease. On the 4-hour chart, the fifth wave 5 of (1) of the higher level has formed. Now the development of the large downward correction of the higher level as a wave (2), within which the entering momentum (i) has formed, has begun. If the assumption is correct, the price will fall to the levels of 1.2173–1.2050. The level of 1.2552 is critical...

LiteForex_Official

NZD/USD, D1 On the D1 chart, the pair grows along the upper line of Bollinger Bands, the price range is widened, which indicates a possible continuation of the uptrend. MACD histogram is in the positive area keeping a signal for the opening of long positions. Stochastic prepares to cross the border of the overbought zone from below, and then generate a signal to...

LiteForex_Official

The pair can decrease. On the 4-hour chart, the downward trend within the first wave 1 of (3) of the higher level is developing. Now the fifth wave of the lower level v of 1, within which the correction (iv) of v has ended, is developing. If the assumption is correct, the pair will fall to the level of 0.9149. The level of 0.9322 is critical for this...

LiteForex_Official

The pair can decrease. On the daily chart, the upward correction (4) of the higher level has formed. Now the development the fifth wave (5) has begun, within which the downward entering momentum of the lower level (i) has formed, and the upward correction (ii) has ended. If the assumption is correct, the pair will fall to the level of 0.7500. The level of 0.7992...

LiteForex_Official

Current trend This week the pair is growing, gradually reaching the psychological level of 0.8000. USD is weakening due to the negative employment market’s data publications and the decrease of industrial production in January. In addition, the dollar is under pressure of the growth of global economy. Today RBA's Governor Philip Lowe commented upon the economic...

LiteForex_Official

The growth of the pair is expected. On the 4-hour chart, the development of the downward correction of the higher level as a wave 2 of (5) has ended. Now the formation of the third wave 3 of (5) has begun, within it the entering momentum of the lower level i of 3 has formed, and the development of the downward correction ii of 3 is ending. If the assumption is...

LiteForex_Official

The pair can fall. On the daily chart, the downward correction of the higher level is developing as a wave (B). Now the “bearish” momentum is developing within the wave C of (B), within which the third wave iii of C of the lower level is ending. If the assumption is correct, the pair will fall to the levels of 103.50–102.50 after the corrections iv of C. The...

LiteForex_Official

XAU/USD, D1 On the daily chart, the instrument is moving upwards, and it is trading around the upper border of Bollinger Bands. MACD histogram is in the positive zone, keeping a weak signal to open long positions. Stochastic is in the neutral zone, its lines are pointed upwards, the signal line is around the border of the overbought area, after the break of it...

LiteForex_Official

The pair can grow. On the 4-hour chart, the fifth wave 5 of (1) of the higher level is developing. Locally the formation of the downward correction as a fourth wave of the lower level iv of 5 has ended, and the development of the wave v of 5 has begun. If the assumption is correct, the pair will grow to the levels of 1.4400–1.4500. The level of 1.3761 is critical...

LiteForex_Official

The pair can grow. On the 4-hour chart, the fifth wave 5 of (1) of the higher level is forming. Now the fifth wave of the lower level v of 5, within which the wave (i) of v has formed, is developing. If the assumption is correct, after the correction (ii) the price will grow to the levels of 1.2650–1.2700. The level of 1.2202 is critical for this scenario. Main...

LiteForex_Official

XAG/USD, D1 On D1 chart the instrument is trading between the lower and middle lines of Bollinger Bands. MACD histogram is in the negative zone, the signal line is crossing the zero line and the body of the histogram from above, which is a signal to open short positions. Stochastic is in the neutral area, and the lines of the oscillator are directed...

LiteForex_Official

The trend is downward. On the 4-hour chart the downward trend within the first wave 1 of (3) of the higher level is developing. At the moment the third wave of the lower level iii of 1 has formed as a momentum, and the development of the upward correction as a wave iv of 1 has ended. If the assumption is correct, the pair will fall to the level of 0.9120 within...

LiteForex_Official

The pair is in correction. The fall is possible. On the daily chart the upward correction (4) of the higher level has formed. At the moment the development of the fifth wave (5) has begun, within which the downward entering momentum of the lower level (i) has formed, and the upward correction (ii) is developing. If the assumption is correct, the pair will go down...

LiteForex_Official

Current trend Yesterday and today the pair showed a slight increase. At the same time, NZD remains weak after RBNZ's "pigeon" comments on monetary policy. Market participants expected strengthening of USD position on Monday, as there were signed agreements on the financing of the US government. However, President Trump made a number of budget proposals for 2019,...