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2026.05.08 2026.05.08 Swing Failure Pattern (SFP) in Trading Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Modern trading requires a deep understanding of market mechanisms and the ability to recognize the hidden moves of major players. The Swing Failure Pattern (SFP) is considered one of the most powerful tools in technical analysis, helping traders identify potential reversal points in advance and enter the market with…
The AUDUSD fell sharply yesterday, breaking back below a key ceiling/floor zone between 0.7221 and 0.7227. That bearish break helped push the pair down toward the next swing area support between 0.7193 and 0.7200. In early Asian-Pacific trading, buyers leaned against that support zone for several hours, helping stabilize the price before the pair rotated back to the upside….
Century Aluminum (CENX) is a primary aluminum producer with operations across the United States and Europe. The stock price has swung back and forth between slightly up to slightly down this morning. But CENX made a significant run from its late March lows near $46 all the way up to the $68–$69 area in early April. This is where…
2026.05.08 2026.05.08 XAU/USD: Elliott Wave Analysis and Forecast for 08.05.26–15.05.26 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 4,493.40 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,493.40. Stop Loss: below 4,420.00, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below 4,493.40 will allow the…
ECBs Legarde is speaking and says: climbing energy costs will push up input prices. Price increases may then be passed to consumer. We should be well-placed to react, when needed Current rates: The ECB at their last meeting last week held rates unchanged, with the main refinancing rate at 2.15% and the deposit facility at 2.0%, as policymakers adopted…
Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is modestly higher versus the Dollar, supported by risk sentiment around the US/Iran conflict despite softer German trade data and slightly reduced ECB tightening expectations. Short-term technicals are described as bullish, with EUR/USD above key Fibonacci levels and rising RSI, opening scope for a move back toward the…
2026.05.08 2026.05.08 WTI Crude Oil: Elliott Wave Analysis and Forecast for 08.05.26–15.05.26 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 87.20 with a target of 115.70–126.00. A buy signal: the price holds above 87.20. Stop Loss: below 85.50, Take Profit: 115.70–126.00. Alternative scenario: Breakout and consolidation below 87.20 will…
CAD/JPY has spent the week sliding toward a long-term rising trendline that dates back to 2021, testing other key support levels as well. Will it hold or fold?
Rate hikes by year-end RBNZ: 83 bps (67% probability of no change at the next meeting) ECB: 60 bps (77% probability of rate hike at the next meeting) BoE: 52 bps (64% probability of no change at the next meeting) BoJ: 42 bps (64% probability of rate hike at the next meeting) BoC: 42 bps (95% probability of no…
