2026.05.01 2026.05.01 GBP/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 1.3440 with a target of 1.3870–1.4300. A buy signal: the price holds above 1.3440. Stop Loss: below 1.3400, Take Profit: 1.3870–1.4300. Alternative scenario: Breakout and consolidation below 1.3440 will allow the…

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If done correctly, deliberate practice can not only help speed up your learning process but also help you identify your weaknesses and open doors to other techniques that might work for you.

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Inflation expectations need to be closely monitored for signs of de-anchoring Worried that energy prices may stay higher for longer without a clear timeline for end to Middle East conflict Will be paying close attention to indirect effects of higher energy prices That being how it contributes to cost-push inflation in production, transportation, services Potential second-round effects via wages…

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ING’s Chris Turner describes Sterling price action as confusing after the Bank of England’s latest communication. While he sees the BoE laying groundwork for a June hike, some investors interpreted the message as dovish, possibly due to oil-driven declines in GBP rates. He warns that key EUR/GBP support at 0.8600/0.8610 looks vulnerable in thin holiday trading. BoE signals clash…

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2026.05.01 2026.05.01 Short-Term Analysis for Oil, Gold, and EURUSD for 01.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is undergoing a correction within the…

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Earlier this week, the Bank of England gave traders a decision that looked boring on the surface but had plenty going on underneath. Its Monetary Policy Committee (MPC) voted 8–1 to keep the UK’s benchmark interest rate—the “Bank Rate”—steady at 3.75%. While a “hold” might sound like a non-event, the subtext of the meeting and the subsequent press conference…

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Should not forget that baseline scenario already entails a more restrictive monetary policy It would be more appropriate to respond in June if outlook does not improve markedly Well, this just reaffirms the report from yesterday that policymakers were converging towards a June rate hike. The report even suggested that some policymakers were already on board with perhaps even…

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EUR/CAD extends its losses for the third consecutive day, trading around 1.5920 during the Asian hours on Friday. The currency cross loses ground as the Euro (EUR) struggles amid increased risk aversion, which could be attributed to the geopolitical concerns in the Middle East. On Thursday, US President Donald Trump stated he would continue the naval blockade of Iranian…

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2026.04.30 2026.04.30 US Dollar Advances Following Fed Rate Hold. Forecast as of 30.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US labor market is stabilizing, while inflation risks are building. This points to a higher likelihood that the Fed will maintain a hawkish stance rather than move toward rate cuts, which will support EUR/USD bears. Let’s explore this further and outline a trading plan….

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With the European Central Bank refusing to pre-commit to any rate path, the euro looks stuck in “paralysed policymaker” mode. What does this mean for the euro?

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