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    LiteForex Analytics

    EUR/USD: Following the release of Non-Farm Payroll report Current trend In the past month all major currencies, except Euro, have been weakening against the USD. Volatility in the pair EUR/USD has shifted towards strengthening in Euro. Extensive sale of German bonds helped strengthening in...
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    LiteForex Analytics

    EUR/USD: Mario Draghi calls for more vigorous actions Current trend During the European session the USD was not declining any more to the major currencies except for the Euro, which has significantly grown. At 09:00(GMT+3) GDP of Germany became known. In Q1 this index rose by 0.3% on the...
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    LiteForex Analytics

    USD/CHF: after the 15th of January Current trend If we trace movement of the pair USD/CHF since 15 of January when the National Bank of Switzerland decided to decouple the rate of the national currency from the Euro, we will notice that the pair is trying to reach 0.9450, moving in the channel...
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    LiteForex Analytics

    USD/JPY: the East is a delicate matter Current trend Despite the ups and downs of the world currencies against the USA, the pair USD/JPY is notable for the stable movement in the channel of 122.00–116.00. Deviations in both directions as a rule do not exceed 120 points. On the one hand, it is...
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    LiteForex Analytics

    GBP/USD: the pair remains in the ascending channel Current trend In the mid-April the pair had reached the local lows, after which the pair reversed and went up. The rise in the pair was caused by favourable macro-economic British data. Over a couple of weeks the Pound gained over 900 points...
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    LiteForex Analytics

    EUR/USD: technical reversal of the trend has increased demand for Euro Current trend Throughout a month European currency has been growing against the USD amid weakening in the American currency. The data on all sectors of the American economy shows slowdown of economic growth. The decrease...
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    LiteForex Analytics

    GBP/USD: analysis and forecast Current trend The main driver of yesterday’s movement in the market was poor data on the US retail sales for April. This index (which shows the changes in the volume of retail sales) was below the forecast, as it fell to 0.0% against expectations of 0.2%...
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    LiteForex Analytics

    USD/CAD: prices of futures for oil are increasing Current trend On Tuesday, the American Petroleum Institute (API) reported the decline in the commercial inventories of oil in the USA by 2 million barrels. Futures prices of oil are rising despite negative forecast of the International Energy...
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    LiteForex Analytics

    Forex: Ichimoku Clouds. Review of Brent Brent, H4 Let’s look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from above, forming trend reversal pattern “Dead Cross”. Chinkou Span line has crossed the price chart from above; current Kumo-cloud is ascending. The pair is trading...
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    LiteForex Analytics

    GBP/USD: technical analysis Current trend This week has been one of the most difficult for the Pound in the time period of the downtrend. Monthly chart shows that the price currently reached one of the most important level of 1.5200. Given current price movement in the downtrend within...
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    LiteForex Analytics

    EUR/USD: review and forecast of the price movement Current trend At the yesterday’s trading session European currency significantly strengthen against the USD despite positive statistics on the business activity index in the US service sector. In April this index has exceeded both the...
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    LiteForex Analytics

    AUD/USD: analysis and forecast Current trend Last week, volatility in the pair AUD/USD was high. At the beginning of the week the pair had grown and reached the level of 0.8075. However, the pair failed to break through the resistance level, and it gave the “bears” a chance to quickly win...
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    LiteForex Analytics

    USD/JPY: analysis and forecast Current trend At the trading session last Friday, the pair USD/JPY reached two-week highs at the level of 120.28. The American currency went up, despite some negative US statistics, which demonstrated that PMI remained at the previous level of 51.5 points...
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    LiteForex Analytics

    GBP/USD: review and movement forecast Current trend At the last trading session the Pound has slightly dropped against the USD. Due to lack of important macro-economic statistics and prolonged rise in the pair, investors decided to take profit and close long positions. Therefore...
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    LiteForex Analytics

    EUR/USD: general analysis Current trend European currency continues to strengthen against the USD despite negative news from Greece. The USD is under pressure caused by the outcome of the Fed FOMC meeting. Interest rates have been left at the previous level, as expected. Market...
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    LiteForex Analytics

    EUR/USD: analysis and forecast Current trend EUR/USD clawed back a part of lost positions after yesterday's fall. The dollar was supported on Tuesday after publication of statistics for US inflation. Core consumer price index grew by 1.7% year-on-year and by 0.2% month-on-month. Both indexes...
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    LiteForex Analytics

    XAU/USD: general review Current trend Gold quotes continue to rise slowly as Fed failed to provide information on the dates of an interest rate rise at the latest meeting. An important resistance level is at 1200.00 and coincides with M200 moving average. If the price consolidates above it...
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    LiteForex Analytics

    Forex: Ichimoku Clouds. Review of EUR/USD EUR/USD, H4 Let’s look at the four-hour chart. Tenkan-sen line is above Kijun-sen, they are both directed upwards. Chinkou Span line is above the price chart; current cloud is ascending. The pair has broken through the cloud and is still rising. The...
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    LiteForex Analytics

    Forex: Ichimoku Clouds. Review of XAU/USD XAU/USD, H4 Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, they are both horizontal. Chinkou Span line is below the price chart; current Kumo-cloud is descending. The pair has broken through Tenkan-sen and Kijun-sen lines, the...
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    LiteForex Analytics

    Forex: Ichimoku Clouds. Rewiev EUR/USD EUR/USD, H4 Let’s look at the four-hour chart. Tenkan-sen line is above Kijun-sen, they are both directed upwards. Chinkou Span line is approaching the price chart from above. Current cloud has recently reversed from descending to ascending. The pair is...