AUDUSD corrects lower but keeps bullish bias. The 200 hour MA is eyed as a key barometer now !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The Solana (SOL) community on Friday approved a proposal to accelerate the reduction of SOL token issuance. Solana community passes double disinflation proposal with 67% support The measure, known as SGP-0002 or Double Disinflation, secured 67% support among participating stakes, narrowly clearing the two-thirds majority required for passage. Voting concluded on Friday with 176.26 million SOL in favor, while…
2026.08.28 2026.08.28 GBP/USD: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 1.3516 with a target of 1.3870–1.4140. A buy signal: the price holds above 1.3516. Stop Loss: below 1.3470, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below 1.3516 will allow the…
US stocks don’t like the rate hike tilt. Close lower on the day. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Commerzbank’s Charlie Lay reports that the Bank of Korea (BoK) delivered a second consecutive 25 bp hike to 3.0% and kept a tightening bias, supporting KRW after its sharp appreciation since June. The bank expects a near-term pause but sees scope for another hike to 3.25% if growth and core inflation stay firm, with USD/KRW likely consolidating in a…
2026.08.28 2026.08.28 WTI Crude Oil: 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 long positions from corrections above 80.00 with a target of 105.17–115.50. A buy signal: the price holds above 80.00. Stop Loss: below 78.50, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below 80.00 will…
Markets drifted on trade friction and Iran headlines all week, then Fed Chair Warsh’s hawkish Jackson Hole debut sparked a Friday dollar surge that reshuffled the board.
Fed’s Warsh: Numbers on price stability are ‘more concerning’ Univ of Michigan final sentiment index for August 51.7 vs 51.0 estimate Fed’s Hammack: It’s time to act with rate hikes, waiting will create pain Canada GDP Q2 annualized 3.3% vs 3.4% estimate Fed’s Goolsbee: Agrees with Warsh that inflation is Fed’s main issue right now Non-farm payrolls benchmark revisions…
XRP treasury firm Evernorth Holdings has moved a step closer to becoming a publicly traded company after the US Securities and Exchange Commission (SEC) declared a registration statement tied to its proposed business combination with Armada Acquisition Corp. II effective. The approval allows Armada to move forward with a shareholder vote on the proposed merger. If completed, the combined…
2026.08.28 2026.08.28 XAU/USD: 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 long positions from corrections above 4,315.60 with a target of 4,900.00–5,610.00. A buy signal: the local correction ends and the price settles above 4,315.60. Stop Loss: below 4,245.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation…
