2026.05.01 2026.05.01 USD/CHF: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26 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 0.7765 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7765. Stop Loss: below 0.7725, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.7765 will allow the…

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We have a fresh report from the WSJ on the latest Iran proposal, which Trump already said he’s not happy with. The market is taking it positively as it says Iran is “offering hints of compromise in a bid to revive talks.” That’s clouded because it says the sides remain far apart on Hormuz and the nuclear program. It…

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2026.05.01 2026.05.01 EUR/USD: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26 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 1.1650 with a target of 1.2088–1.2400. A buy signal: the price holds above 1.1650. Stop Loss: below 1.1610, Take Profit: 1.2088–1.2400. Alternative scenario: Breakout and consolidation below 1.1650 will allow the…

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Five central bank decisions. WTI breaking triple digits. The Fed’s most divided vote in over three decades. And a confirmed Bank of Japan intervention that erased Wednesday’s dollar rally in roughly the same time it took to build it. The week of April 27–May 1 delivered nearly every scenario condition the framework had modeled — and one it hadn’t. The framework’s WTI spike…

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On the day: S&P 500 +0.3% Nasdaq Comp +0.9% DJIA +0.3% Russell 2000 +0.5% Toronto TSX Comp -0.2% On the week: S&P 500 +0.9% Nasdaq Comp +1.1% DJIA +0.5% Russell 2000 +0.9% Toronto TSX Comp flat Here is a look at the heat map for the week: This article was written by Adam Button at investinglive.com.

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2026.05.01 2026.05.01 USD/JPY: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26 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 160.65 with a target of 152.10–145.50. A sell signal: the price holds below 160.65. Stop Loss: above 161.20, Take Profit: 152.10–145.50. Alternative scenario: Breakout and consolidation above the…

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Five central bank decisions, a confirmed FX intervention, oil breaking triple digits, and an FOMC vote split not seen in over three decades — the week of April 27–May 1 didn’t come to play. Markets spent Monday cautiously positioning before a calendar stacked with catalysts, and the FX complex spent the rest of the week reacting to the fallout….

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Markets: S&P 500 up 0.3% Gold down $7 to $4615 US 10-year yields down 1.8 bps to 4.37% WTI crude oil down $2.68 to $102.68 USD leads, JPY lags It’s Friday, so there is the usual angst about Trump escalating the Middle East war. That led to some late selling in equities and some buying in oil but the…

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