LiteForex_Official

LiteForex_Official

Current trend JPY is moderately decreasing against USD due to the growth of the investors’ interest in the US currency. Today’s Japanese releases did not affect the price significantly. The National Consumer Price Index decreased to 1.1% YoY in March from 1.5% in the previous month. The same index Ex Auto and Food and Energy stayed on the level of 0.5% in...

LiteForex_Official

The pair can grow. 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 wave of the lower level i of 1 of (C) has formed as a wedge, and the local correction is developing as a wave ii of 1, taking the shape of a flat. If the assumption is correct, after the end of the correction, the pair...

LiteForex_Official

Current trend Silver prices showed moderate growth at the trading last Friday, receiving support from weaker than expected data on the US labor market. In addition, commodities were supported by another aggravation of trade relations between the US and China, after Donald Trump ordered to create a new list of Chinese goods to raise import duties worth USD 100...