GBP/USD: Elliott wave analysis and forecast for 13.06.25 – 20.06.25

2025.06.13 2025.06.13 GBP/USD: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 1.3450 with a target of 1.3800 – 1.4000. A buy signal: the price holds above 1.3450. Stop Loss: below 1.3415, Take Profit: 1.3800 – 1.4000. Alternative…

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Forexlive Americas FX news wrap 13 Jun: Markets are in flux as Israel and Iran lob bombs

The U.S. dollar moved higher overnight (and coming into the US session), driven by classic flight-to-safety flows following Israel’s strike on Iran. However, U.S. yields did not follow the usual script—instead of falling amid geopolitical stress, they moved higher. This divergence from the typical Pavlovian response raises questions. It may reflect rising oil prices and the renewed threat of…

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USD/CAD tests wedge support on lower US Dollar demand

The USD/CAD pair has fallen below 1.3600, which is now providing resistance. Israel’s attack on Iran fails to support a broader recovery for the US Dollar. Inflation expectations in the US continue to decline, putting pressure on the US Dollar. The Canadian Dollar (CAD) is trading higher against the US Dollar (USD) in the American session on Friday, with…

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USD/JPY: Elliott wave analysis and forecast for 13.06.25 – 20.06.25

2025.06.13 2025.06.13 USD/JPY: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 145.50 with a target of 138.65 – 131.50. A sell signal: the price holds below 145.50. Stop Loss: above 145.90, Take Profit: 138.65 – 131.50. Alternative…

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Israel warns that Iran will pay a heavy price for its missile attack on populated areas

Israel this morning that Iran will pay a heavy price for its missile attack on populated areas: Israel may hit energy facilities in response If Israel attacks Kharg Island, that would be a big thing: Kharg Island is critically important to Iran’s oil industry—both strategically and economically. Here’s why: Location & Infrastructure Situated in the Persian Gulf, about 25…

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Gold surges past $3,400 on Israel-Iran war risk, soft US inflation boosts safe-haven demand

Bullion rallies to five-week high amid geopolitical tension and dovish Fed outlook Israel strikes Iran, fueling fears of broader war and driving flight to safety into Gold. XAU/USD hits $3,446 before easing on profit-taking; eyes next week’s Fed decision and US data slate. Gold price rallied for the third consecutive day after the Israel-Iran conflict erupted on Friday, triggering…

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WTI Crude Oil: Elliott wave analysis and forecast for 13.06.25 – 20.06.25

2025.06.13 2025.06.13 WTI Crude Oil: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 60.03 with a target of 80.70 – 87.75. A buy signal: the price holds above 60.03. Stop Loss: below 59.50, Take Profit: 80.70 –…

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Major European indices close lower for the day as a geopolitical risks weigh on sentiment

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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GBP/USD plunges as Israel-Iran conflict rattles markets, boosts US Dollar

GBP/USD drops over 0.40%, pressured by weak UK data and BoE-Fed policy divergence favoring Dollar strength. Israel strikes Iranian nuclear and military sites; Iran retaliates with drone barrage, fueling global risk-off mood. US Dollar rallies on safe-haven flows and upbeat University of Michigan sentiment report for June. GBP/USD tumbled over 0.40% on Friday as geopolitical tensions triggered a flow…

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XAU/USD: Elliott wave analysis and forecast for 13.06.25 – 20.06.25

2025.06.13 2025.06.13 XAU/USD: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 3291.20 with a target of 3600.00 – 3800.00. A buy signal: the price holds above 3291.20. Stop Loss: below 3255.00, Take Profit: 3600.00 – 3800.00. Alternative…

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