Trump today lamented once again about the Fed’s stance of keeping rates steady as they gather more information on inflation due to tariffs. He said that they “are choking out the housing market with their high rate, making it difficult for people, especially the young, to buy a house”. Mortgage rates are closely linked to the 30yr Treasury rates….
The US Dollar regains ground as US President Donald Trump walks back the threat to remove Fed Chair Jerome Powell. The US Dollar Index trades near three-week highs, buoyed by sticky inflation and stable Treasury yields. Technical breakout signals bullish momentum, with upside targets at 99.50 and the psychological 100.00 level. The US Dollar (USD) gains positive traction on…
2025.07.18 2025.07.18 GBP/USD: Elliott Wave Analysis and Forecast for 18.07.25 – 25.07.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3250 with a target of 1.4000 – 1.4220. A buy signal: the price holds above 1.3250. Stop Loss: below 1.3100, Take Profit: 1.4000 – 1.4220. Alternative…
BoJ to warn of uncertainty over the impact of US tariffs but may offer a less gloomy view. BoJ to keep interest rates unchanged at the July 30-31 meeting. BoJ likely to maintain view that inflation will durably hit its 2% target in the latter half of its three-year projection period. BoJ will consider revising up its inflation forecast…
United States EIA Natural Gas Storage Change above expectations (44B) in July 11: Actual (46B)
2025.07.18 2025.07.18 Short-Term Analysis for Oil, Gold, and EURUSD for 18.07.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil continues to trade in a short-term…
In the European session, we don’t have much on the agenda other than a couple of low tier releases like the Eurozone current account data. In the American session, we have the US Housing Starts/Building Permits and the University of Michigan Consumer Sentiment report. The housing data continues to be largely ignored as the focus remains on employment/inflation. The…
EUR/JPY pauses after rising to a fresh YTD high on Wednesday. Japan’s disappointing Trade Balance and a dovish BoJ remain supportive of EUR/JPY strength. EUR/JPY holds above 172.00 as bulls defend support, psychological resistance firms at 173.00 The Euro (EUR) is trading in a narrow range against the Japanese Yen (JPY) on Thursday, after reaching a one-year high of…
There are just a couple to take note of on the day, as highlighted in bold. The dollar looked to be making strides yesterday before Fed governor Waller opened the can of worms on a suggestion to cut rates in July here. The greenback fell a little although Fed funds futures are still holding the line in not expecting…
The EUR/CHF is holding firm above 0.9300 as bears fail to trigger a breakdown. The cross has remained trapped in a sideways channel between 0.9300 and 0.9430 since early May. The RSI is pointing upward at 45.84, showing early signs of bullish momentum. EUR/CHF is holding firm on Thursday, with the pair attempting to rebound from the lower boundary…
