2025.07.04 2025.07.04 USD/JPY: Elliott Wave Analysis and Forecast for 04.07.25 – 11.07.25 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 146.00 with a target of 138.65 – 131.50. A sell signal: the price holds below 146.00. Stop Loss: above 148.00, Take Profit: 138.65 – 131.50. Alternative…

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EUR/GBP has been cruising higher inside an ascending channel on its 4-hour chart, and it looks like another correction is due. Check out these pullback zones I’m watching! EUR/GBP 4-hour Forex Chart by TradingView This euro pair has been on a steady climb in the past month, as European Central Bank officials have stressed their “wait and see” stance…

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US stock market sentiment might feel frothy because it’s been a one-way TACO trade since Trump backed down on Liberation Day tariffs but most sentiment surveys weren’t overly frothy. That could be changing. The AAII survey — which is a solid one — rose in the latest week to 45% bullish from 35.1%. That’s a big jump and reflects…

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2025.07.04 2025.07.04 XAU/USD: Elliott Wave Analysis and Forecast for 04.07.25 – 11.07.25 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 3250.00 with a target of 3600.00 – 3800.00. A buy signal: the price holds above 3250.00. Stop Loss: below 3200.00, Take Profit: 3600.00 – 3800.00. Alternative…

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One of the most common problems for traders is learning when and how to cut losers and hold on to winning forex trades. Let’s talk about the latter today. Have you ever asked yourself, “Should I take profit now or should I let it run?” in the middle of an open trade? Maybe there were times when taking profit early proved…

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Inflation expectations are well anchored. ECB must be more agile when using forward guidance. These are just token remarks and the ECB has been more inclined to give potential scenarios rather than clear forward guidance lately due to uncertainty. The market is fully pricing one last 25 bps cut, possibly in December unless another surge in the euro or…

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GBP/USD steadies around 1.3650 due to rising uncertainty over Trump’s tariff plans GBP/USD holds ground for the second consecutive day, trading around 1.3660 during the Asian hours on Friday. The pair remains steady as the US Dollar (USD) depreciates as traders adopt caution, while seeking clarity on US President Donald Trump’s plans for tariffs on various countries. On Thursday,…

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2025.07.04 2025.07.04 WTI Crude Oil: Elliott Wave Analysis and Forecast for 04.07.25 – 11.07.25 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 64.90 with a target of 80.50 – 85.00. A buy signal: the price holds above 64.90. Stop Loss: below 62.50, Take Profit: 80.50 –…

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The U.S. job market showed surprising strength in June, with nonfarm payrolls rising by 147,000 compared to the 110,000 jobs forecast. That marked a solid rebound from May, although the private sector only added 74,000 jobs, the weakest gain since October when hurricanes disrupted hiring. Most of the upside came from state and local governments, which added 70,000 positions….

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