Chart Art: GBP/AUD Eyes a Breakout Above Its Two Week Range
GBP/AUD is knocking on a key resistance zone after seeing a sharp upswing in the last trading sessions. Will we see a breakout today?
GBP/AUD is knocking on a key resistance zone after seeing a sharp upswing in the last trading sessions. Will we see a breakout today?
Trump says he will add to Canadian tariffs due to wildfire smoke as two Minnesota fires cross into Canada !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
United States Baker Hughes US Oil Rig Count above forecasts (446): Actual (452)
2026.07.17 2026.07.17 WTI Crude Oil: Elliott Wave Analysis and Forecast for 17.07.26–24.07.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 70.40 with a target of 91.80–105.17. A buy signal: the price holds above 70.40. Stop Loss: below 68.90, Take Profit: 91.80–105.17. Alternative scenario: Breakout and consolidation below 70.40 will…
GBP/USD faces a key test as supportive long term trends collide with sticky inflation, shifting rate expectations, and stubborn resistance.
USDCHF has a rollercoaster of a run this week. What has the ride done for the technicals? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Rabobank’s Global Daily, titled “To govern is to choose”, discusses the UK’s political and macroeconomic backdrop as Labour’s Andy Burnham is set to become prime minister. The report highlights Brexit’s lingering drag on productivity, weak consumption growth, persistent inflation and high public debt. It argues Burnham must prioritise supply-side investment and difficult fiscal choices to alter the UK’s economic…
2026.07.17 2026.07.17 XAU/USD: Elliott Wave Analysis and Forecast for 17.07.26–24.07.26 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 4,205.80 with a target of 3,720.00–3,290.55. A sell signal: the price holds below 4,205.80. Stop Loss: above 4,275.00, Take Profit: 3,720.00–3,290.55. Alternative scenario: Breakout and consolidation above the…
When is scaling in considered “averaging down” and when can you call it “gambling?” Here’s when it makes sense and when it doesn’t.
Tech shares continue to stay under pressure in final stretch of the week !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}