Dollar Index falls after the Fed’s preferred measure of inflation, the core PCE, rises in May. US Dollar continues to weaken, with the DXY nearing Thursday’s low of 97.00 US Michigan Consumer Sentiment Index and Michigan Expectations ahead, providing additional insight into how consumers feel about current conditions. The US Dollar Index (DXY) is nearing 97.00 support as investors…
2025.06.27 2025.06.27 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.06.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The correction is completed. Expect the price to rise in the fifth part of a bullish impulse to a high…
Trump is back to being tariff man. After a week of working on peace in the Middle East, Trump is pivoting again and away we go. The S&P 500 was on its way to a record close and a close above the prior record high of 6147 but it’s now given up around 40 poitns of gains and is…
United States Michigan Consumer Sentiment Index above forecasts (60.5) in June: Actual (60.7)
2025.06.27 2025.06.27 WTI Crude Oil: Elliott Wave Analysis and Forecast for 27.06.25 – 04.07.25 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 60.00 with a target of 80.50 – 85.00. A buy signal: the price holds above 60.00. Stop Loss: below 58.50, Take Profit: 80.50 –…
Canada is set to move forward with a digital services tax, with the first payments due on Monday on revenues that stretch all the way back to 2022. That’s a material number and it comes after all the tech giants flanked Trump at his inauguration. I wonder if this isn’t all sorted out on the weekend. This is a…
United States UoM 5-year Consumer Inflation Expectation came in at 4%, below expectations (4.1%) in June
2025.06.27 2025.06.27 Aussie Gains Ground Amid Capital Repatriation. Forecast as of 27.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The cooling of the Australian economy and the RBA’s monetary expansion have not discouraged AUDUSD bulls. They have taken advantage of the global process of capital repatriation. Let’s discuss these topics and develop a trading plan. The article covers the following subjects: Major Takeaways The…
SPX daily It’s a lively day in US equity markets as strong buyers waded in early. It looked like the market would cruise to a record high close until Trump tweeted that he was ending trade talks with Canada. That led to a wave of tariff worries that erased more than 40 points in the S&P 500 and put…
United States Michigan Consumer Expectations Index below forecasts (58.4) in June: Actual (58.1)
