LiteForex - Forex Forecasts - Page 2

XAG/USD: decline resumed

The price of silver resumed its active decline on Wednesday, moving back down to the level of $14 per troy ounce. Analysts suggest that the price fell due to recent macroeconomic statistics, released in the US...

Brent: price continues declining

On Tuesday, the price of Brent crude oil continued declining. Concerns about oversupply of the oil market still have a strong negative effect on the price of oil...

XAU/USD: pair strengthened

On Monday, the price of gold slightly grew as it was supported by poor macroeconomic data from the US. The Chicago Purchasing Managers Index for November fell from 56.2 to 48.7 points...

VIP Partners rewards - The luxury you deserve
VIP Partners rewards - The luxury you deserve

The VIP Partners Rewards Contest allows Partners to enter the contest and win the returns they deserve for being a valued HotForex Partner. Few fresh deposits and some enthusiastic clients, eager to trade, can lead to fantastic luxurious prizes. If you enter the contest, all you need to do is wait for existing or some new clients to deposit and trade, and not only will you get the usual COMMISSIONS, but you will also secure some great REWARDS too!

Brent: oil is falling

On Thursday, the price of Brent crude oil significantly fell and moved away from local highs near the level of 46.35. However, oil remains under pressure amid excess of supply on the market and strengthening US dollar, which is growing prior to a possible interest rate hike in the US at the Fed’s December meeting...

XAG/USD: pair in flat

The recent macroeconomic statistics coming out in the US increasing market expectations of an interest rate hike by the Fed in December. Revised GDP data for the third quarter showed a 2.1% growth, which is 0.1% higher than forecasts. In addition...

Brent: review and forecast

Geopolitical factors have a strong effect on the price of oil. The recent incident with Russian military aircraft, which was shot down by Turkish warplanes, was of no exception. Amid rising political tensions between Turkey and Russia, the price of oil grew by more than $1, having reached its highs at 46.45...


DJIA: growth is possible

Prior to Christmas and the New Year amid growing expectations of investors of an interest rates hike in the US in December, American stock indices keep strengthening...

USD/TRY: decline continues

A downward trend in the USD/TRY pair has been strong since 1 October. The demand for the TRY grew when air strikes began in Syria. Turkey is Syria's neighbor and serves as an important transit hub for oil supply to Europe from the Middle East...

The XAU/USD pair continues falling. The price of gold is pressured by strengthening US Dollar

The price of gold is pressured by strengthening US Dollar amid increased market expectations that the Fed will proceed with monetary policy tightening and hike interest rates in December...

Open a free demo account today and try Forex trading with FIBO Group at no risk to you
Open a free demo account today and try Forex trading with FIBO Group at no risk to you

For over 20 years, FIBO Group has been creating better working conditions for traders. These include 260 trading instruments, spreads starting at 0 pips, high execution speeds of 0.03 seconds or better, trading accounts in USD, EUR, RUB, CHF, GBP, BTC, ETH, gold, and cent accounts. Depositing and withdrawing your funds is fast and convenient. Experienced consultants are here to answer all of your questions. We have long-term statistics for testing any trading strategies. We provide all versions of the MT4 and MT5 trading platforms for the web, Android, and iOS.

XAU/USD: gold fails to hold positions

On Monday morning, the price of gold was growing, but later on it declined back to Fridays levels. The price went up as recent news from France raised demand for safe-haven assets...

Brent: oil keeps falling

The price was pressured by data on the US Crude Oil Stocks change for the last week that grew well above forecasts, and data on Industrial Production in China that came out on Wednesday. In October, Industrial Production growth slowed from 5.7% to 5.6%, while experts predicted a 5.8% growth...

XAU/USD: at local lows

On Monday, the price of gold managed to strengthen slightly and step away from 3-month lows hit on Friday, when strong labor market statistics were released in the US...


EUR/USD: ahead of US labor market statistics

Since mid-October, the EUR/USD pair has been declining amid growing demand for the USD and weak EU macroeconomic statistics. This week, Germany's Services PMI came in below the forecast. Moreover, EU Retail Sales declined by 0.1%, while a 0.2% growth had been expected...

XAU/USD: gold continues falling

In the beginning of this week, the price of gold continued falling. Gold remains under pressure amid increased expectations of an interest rate hike in the US before the end of the year...

XAG/USD: pair fell

On Thursday, the price of silver significantly fell after the statement by the Fed regarding a possibility of monetary policy tightening later this year...

Trade on the go with Exness Trader
Trade on the go with Exness Trader

Download the Exness Trader app and enjoy full control of your trading activities at the tip of your fingers. Receive smart notifications about your trades and the market-moving events that affect them, and trade on the go wherever you are! Moreover, access your money in seconds and make any transfers you like, right from your mobile phone. Getting the app takes no longer than a couple of minutes and if you prefer, you can start on a free demo account first, without the need to register!

Brent: excess of supply

Yesterday the price of Brent crude oil significantly grew after a publication of Crude Oil Stocks Change in the US for the last week of October that showed a larger than expected decline in oil reserves...

XAG/USD: flat continues

The USD is under pressure after poor data released on New Home Sales for September that fell by 11.5% against forecasted decline of 0.4%, and Dallas Fed Manufacturing Business Index that in October declined from -9.5 to -12.7 points...

XAU/USD: important news ahead

While market participants are waiting for the ECB meeting, which is likely to shed light on the further prospects of the EU monetary policy, the volatility in the XAU/USD pair has been very low since the opening of the trading session...


GBP/JPY: Pound finds support

On Tuesday, the Pound strengthened against the Yen. The British currency was supported by Bank of England officials’ commentaries that noted an interest rate hike should come sooner than earlier thought...

XAU/USD: gold continues growing

The XAU/USD pair continues its strong upward trend, started at the end of last week. The price of gold gains support from US macroeconomic statistics...

XAU/USD: gold continues correcting

On Thursday, the pair traded volatile amid the ECB, Bank of England and the US Fed meetings. As was expected the Fed decided to postpone its monetary policy tightening decision as the majority of members suggest current risks in the economy are balanced...


USD/JPY: in contracting triangle

On yesterday meeting, the Bank of Japan decided to leave its current QE program unchanged at 80 trillion Yen per year. However, a possibility of further monetary policy easing in the end of October remains...

XAU/USD: gold try to hold

The price is supported by the publication of the labour market statistics from the US that came out last Friday and showed an unexpected and significant decline, actual 142 thousand of new jobs against 203 thousand forecasted...

Brent: oil reserves in US increased

Despite increasing oil reserves for the last week of September in the US, the price of Brent crude oil holds near the level of $49.00 per barrel...


XAU/USD: gold falling

While markets are waiting for the data on Non-farm Payrolls for September from the US, which is due on Friday at 3:30 pm (GMT +3), the USD is likely to be preferred to other currencies and gold...

Not looking pretty

Asian equity markets were not a pretty sight overnight, with losses seen across most markets as the overall risk environment remains negative. Losses were concentrated in the commodities/mining sector, with the fall in Glencore seen yesterday (nearly 30%) proving impossible for the rest of the sector to ignore...

Euro is strengthening in the beginning of the week but still remains under pressure

The Euro is strengthening in the beginning of the week but still remains under pressure from a number of factors. The pair negatively reacted to commentaries by the Managing Director of the IMF Christine Lagarde who stated that the world GDP growth for the next couple of years is hard to predict...


NQ: stock indices falling

Today, Asian and American stock indices are falling, while the US Dollar is strengthening after commentaries by the Fed Chair Janet Yellen that the rate hike is still possible before the end of the year...

XAG/USD: silver resumed growth

On Thursday, the price of silver significantly grew and returned to the opening levels of the week. A restored demand for commodities was stimulated by poor data from the US that increased anxiety on the market regarding the prospects of the interest rates hike this year...

USD/CHF: growth continues

Recent comments, given by the US official, confirm that the Federal Reserve is still confident on the prospects of the US economic growth and sees no reason to delay a rate hike...


  


Share it on:   or