Recent content by LiteForexNews

LiteForex USD/JPY: Murrey analysis On the D1 chart the price is around the level of 109.37 (main support) — 108.59 (extreme support). The zone seems quite strong as the pair has been testing it in vain since April. Currently the price is approaching the cyclical line near which it may reverse...

LiteForex NZD/USD: general review Current trend New Zealand dollar grew against USD during trading on Tuesday supported by the growth of prices for dairy products by 0.3% (the highest in the last three months) and reduced returns on US state bonds. US markets opened after a holiday, and a...

LiteForex EUR/USD: the market is waiting for comments from FOMC members Current trend The pair started the week with growth to 1.1920 after North Korea carried out nuclear missiles testing, and the USA replied with tough rhetoric. However, by now the price has corrected to 1.1880 (middle line...

LiteForex AUD/USD: the pair is showing minor growth Current trend AUD is growing during the morning session on September 4 after the update of a local maximum dated back to August 30 in the end of the previous week. The instrument is supported by the weakness of the US currency that is...

LiteForex NZD/USD: New Zealand dollar under pressure Current trend NZD reduced considerably against the US currency during trading on Thursday, August 31, marking a new local minimum since June 6. However, with the release of uncertain macroeconomic statistics from the USA the investor's...

LiteForex EUR/USD: the correction can end Current trend On Wednesday the pair was correcting and now has reached the level of 1.1865. The US currency growth is due to relative reduction of tense on the Korean peninsula and to positive economic data publication. The new North Korea missile...

LiteForex USD/CAD: the pair is trading in the flat Current trend Investors failed to determine the direction of trading in the pair USD/CAD on Tuesday, August 29, and the instrument closed around zero and showed active, but mixed dynamics of trading during the day. Canadian dollar showed...

LiteForex USD/JPY: USD remains under pressure Current trend US currency has been under pressure against the Japanese yen during the morning session on August 29 and has already updated local minimums since mid-April. The growth of "bearish" activities in the instrument was explained by yet...

LiteForex XAG/USD: silver keeps rising Current dynamics Silver is moderately growing during the morning session on August 28th, trading in close proximity to local highs, updated on August 18th. The instrument was supported by weak US currency, which was under pressure from disappointing...

LiteForex XAU/USD: general analysis Current trend During yesterday’s trading session gold price insignificantly fell and reached the level of 1291.93 (–0.21%) due to slight strengthening of the USD, which reacted to the lack of news upon the conflict between USA and North Korea. At the moment...

LiteForex USD/JPY: general analysis Current trend Yesterday the pair was under the pressure of US New Home Sales statistics fall. In addition, the PMI Markit decreased to 52.5 basis points, which is by 0.8 points lower than expected. Today in Japan Foreign bond investment data were published...

LiteForex WTI Crude Oil: price consolidates Current trend Today the price of WTI is trading near the level of 47.60, to where it corrected after the publication of the API Weekly Crude Oil Stock data. The report demonstrated another decline in reserves though smaller than in the previous two...

LiteForex CAC: technical analysis CAC, D1 On the daily chart, the instrument is growing towards the middle MA of Bollinger Bands. The price remains above the SMA200, and just below the EMA14, EMA65 and EMA130 that start turning down. The RSI is testing its longer MA from above. The Composite...

LiteForex WTI Crude Oil: general review Current trend Oil prices grew rapidly after the release of the data from Baker Hughes on Friday indicating the reduction in the number of active drilling rigs in the USA by 5 to 763 which is the biggest reduction of the indicator in the last 7 months. In...

LiteForex EUR/USD: the pair is trading in the downward channel Current trend On Thursday the pair tested the level of 1.1700 (Fibonacci correction 23.6%) again, but couldn’t consolidate below it and began to grow after the poor July US Industrial production data publication (the indicator...