DIS Elliott Wave technical overview Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave (3) of C. Direction: Uptrend in wave (3). Details: The chart indicates further upside potential in wave 5. The price action appears to be moving higher towards the peak of Minor Group 1, suggesting continued bullish momentum. DIS Elliott Wave technical overview Function: Trend. Mode: Impulsive….
2025.06.18 2025.06.18 Short-Term Analysis for Oil, Gold, and EURUSD for 18.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for 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. Gold is testing the support (A) 3376 –…
With leading indicators flashing red and global risk sentiment still shaky, Australia’s May labor market numbers could bring another round of volatility for the Aussie. Planning on trading the release? Here are the points you need to know about the upcoming report! This Article Is For Premium Members Only Become a Premium member for full website access,…
In the European session, the only notable event was the release of the UK CPI report. The data came mostly in line with expectations, so it shouldn’t change much in terms of market pricing. Looking ahead, there’s not much else on the agenda other than the final Eurozone CPI reading and a couple of ECB speakers. In the American…
Industrial Production in the US declined by 0.2% in May. The US Dollar Index holds steady at around 98.00 after the data. Industrial Production in the United States (US) contracted by 0.2% on a monthly basis in May, the data published by the Federal Reserve showed on Tuesday. This reading followed the 0.1% growth recorded in April and came…
NZD/USD is testing a major area of interest after falling from its June highs! Is the pair heading for new weekly lows? Or are we looking at a pullback opportunity? We’re taking a closer look at the 4-hour chart! NZD/USD 4-hour Forex Chart by TradingView In case you missed it, risk appetite took a hit as markets braced for…
China FX regulator: Will keep yuan basically stable at reasonable and balanced levels Confident and capable of keeping FX market stable operations Exports have maintained resilience Recent buying of onshore stocks has increased Will continue to implement proactive macro policy Global balance of payments will keep basically stable FX market resilience will continue Ability to counter FX market Volatiity…
Gold moves toward $3,400 ahead of Wednesday’s Fed interest rate decision. Israel-Iran hostilities intensify, supporting Bullion’s safe-haven appeal. XAU/USD edges higher as the US Dollar remains under pressure. Gold moves higher against the US Dollar (USD) on Tuesday as traders digest mixed US Retail Sales data and monitor escalating tensions in the Middle East. At the time of writing,…
2025.06.17 2025.06.18 Weekly Economic Calendar for 23.06.2025–29.06.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The upcoming week is expected to be somewhat calmer compared to the previous turbulent one. Nonetheless, a number of key data releases are on the horizon, focusing mainly on the PMI and inflation figures from the world’s largest economies. Additionally, during the week of 23.06.2025–29.06.2025, market participants will closely monitor…
As background to this, a couple of months ago news hit that US regulators are planning to ease a capital rule, specifically the supplementary leverage ratio (SLR), that limits how much banks can hold in Treasury securities. In brief: This move aims to boost liquidity in the $29 trillion Treasury market and reduce borrowing costs for the government. The…
