ING’s Chris Turner reports that the Korean Won (KRW) continues to advance, driven by back-to-back Bank of Korea (BoK) rate hikes to 3.00% and a Dot Plot pointing to 3.25% in six months. Upgraded Gross Domestic Product (GDP) forecasts linked to a chip export boom underpin the currency, though authorities may worry about KRW/JPY highs and USD/KRW looks due…
2026.08.28 2026.08.28 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.08.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: A bullish correction (B) is expected to complete. Consider long positions with a Take Profit at 82,592.71. XRPUSD: A rise in…
The RBA held rates and kept threatening hikes, July inflation ran hot, but jobs and investment softened. Here is what the data says, and where it disagrees.
EURUSD moves to new lows and tests a key cluster of technical levels !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
DBS Group Research economists Radhika Rao and Chua Han Teng note that Bangko Sentral ng Pilipinas (BSP) raised its policy rate by 25 bps to 5.0% to anchor inflation expectations and support the Peso. Philippine Peso (PHP) is the only ASEAN-6 currency weaker in 3Q26 versus the Dollar, and DBS flags above-target inflation as leaving room for one more…
2026.08.28 2026.08.28 Short-Term Analysis for Oil, Gold, and EURUSD for 28.08.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro continues to correct lower. The…
Four days waited for Warsh, whose hawkish Jackson Hole speech surged the dollar and crushed gold. The level maps had their cleanest week; lanes graded inside.
Fed’s Goolsbee: Agrees with Warsh that inflation is Fed’s main issue right now !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Commerzbank’s Charlie Lay reports the Bank of Korea has delivered back-to-back 25bp hikes to 3.0%, front-loading tightening as growth and core inflation forecasts rise. The bank signals one more hike over six months but may pause to assess effects. Despite strong fundamentals and a huge current-account surplus, further KRW gains versus USD are expected to be more gradual after…
2026.08.28 2026.08.28 USD/CAD: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26 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 1.3945 with a target of 1.3548–1.3400. A sell signal: the price holds below 1.3945. Stop Loss: above 1.3985, Take Profit: 1.3548–1.3400. Alternative scenario: Breakout and consolidation above the…
