EUR/USD retraces to near 1.0970 as the US Dollar recovers after upbeat US NFP data for March. US NFP data came in at 228K, beating estimates of 135K. Investors expect the ECB to cut interest rates again in April. EUR/USD corrects below 1.1000 during North American trading hours on Friday after posting a fresh six-month high at 1.1145 the…
2025.04.04 2025.04.04 XAU/USD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 3167.80 with a target of 2830.61 – 2574.07. A sell signal: the level of 3167.80 is broken to the downside. Stop Loss: above 3185, Take Profit:…
With stock markets having a huge reaction to Trump’s “Liberation Day” and gold surging to fresh record highs yet again, is it still worth jumping in these big moves or is it too late? Here are some quick questions you can ask yourself before you even think about chasing a move: 1. Are the factors that caused the move…
Headlines: Markets: CHF leads, AUD lags on the day DAX down 4.7%, CAC 40 down 4.2%; S&P 500 futures down 3.5% US 10-year yields down 15 bps to 3.895% Gold flat at $3,112.34 WTI crude down 8.3% to $61.02 Bitcoin down 0.3% to $82,128 Markets were already staying on the defensive in European morning trade before China decided to…
Copper and other industrial metals slumped on Thursday amid concerns about how Trump’s latest tariffs threaten the global growth outlook, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Beijing can cap the downside for copper and other industrial metals. “Although all base and precious metals, including Gold, were exempted from the new levies, concerns about the latest tariffs…
2025.04.04 2025.04.04 If I Invest $100 in Bitcoin Today: How Much Will It Be Worth in 2030? Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Investing $100 in Bitcoin today is a straightforward and affordable way to delve into the realm of cryptocurrencies. As a prominent digital asset, Bitcoin has demonstrated considerable price volatility, capturing the interest of beginners and seasoned traders. Long-term Bitcoin investments…
The worse than expected tariffs announcement on Wednesday triggered recessionary fears in the markets. Crude oil was one of the markets most affected by that news as OPEC+ continues to hike supply. So, we have both higher supply and lower demand expectations obviously leading to lower prices. Moreover, OPEC+ yesterday surprised with a bigger boost to production than previously…
Gold price meets with a fresh supply on Friday, though the downside potential seems limited. Trump’s tariffs-inspired risk-off mood might continue to act as a tailwind for the precious metal. Fed rate cut bets weigh on the USD and also contribute to limiting losses for the XAU/USD pair. Gold price (XAU/USD) maintains its offered tone through the first half…
2025.04.04 2025.04.04 US Dollar Faces Crisis of Confidence. Forecast as of 04.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ History shows that the US dollar has consistently demonstrated resilience during periods of economic downturns, but recent developments in US policy, characterized by the targeting of allies, have led to a decline in investor confidence. The sell-off in US stocks is exacerbating the situation. Will…
Prior -7.0%; revised to -5.5% Slight delay in the release by the source. After some months of volatility owing to spikes in orders for the category of aircraft, ships, trains, military vehicles, there wasn’t much meaningful activity in German factory orders in February. Looking at the breakdown, there was a jump for orders for capital goods (+1.5%) but was…
