The escalation is showing no signs of stopping in the Middle East. There were reports that Iran targeted Kuwait yesterday and hit a desalization plant and now Iran’s semi-official Tasnim says that the Revolutionary Guard targeted a ship that ignored warning and tried to pass through Hormuz. Oil is having another big day with WTI up $3.53 to $82.48….
Commerzbank’s Dr. Henry Hao argues China’s housing market remains in structural stagnation five years after the Evergrande crisis. National prices follow an L-shaped path, with a K-shaped divergence between Tier-1 and lower-tier cities. Weak demand, tighter funding and demographics mean real estate will no longer be China’s primary growth engine as Beijing redirects capital to new sectors. L-shaped prices,…
2026.07.17 2026.07.17 EUR/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 1.1483 with a target of 1.1124–1.0892. A sell signal: the price holds below 1.1483. Stop Loss: above 1.1530, Take Profit: 1.1124–1.0892. Alternative scenario: Breakout and consolidation above the…
Tthe market’s view of artificial intelligence is that one of the big winners will be the model-makers,. after all those are the people who invented it. Markets — at least private markets — have assigned huge valuations to the companies building the models, predominantly OpenAI and Anthropic. The history of great invesntions suggests investors should be careful with that…
Silver price recovered some ground on Friday, up 0.84%, but it is poised to finish the week down over 6.50%. At the time of writing, XAG/USD trades at $56.00 per troy ounce, after reaching a new year-to-date (YTD) low of $54.77.
2026.07.17 2026.07.17 GBP/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 1.3650 with a target of 1.3050–1.2936. A sell signal: the price holds below 1.3650. Stop Loss: above 1.3690, Take Profit: 1.3050–1.2936. Alternative scenario: Breakout and consolidation above the…
The dollar and the yen are pulling in the same direction on the daily and weekly charts, but the short-term chart shows indecision.
Here is an interesting chart from Luke Kawa. It shows monthly returns of Goldman Sachs’ basket of retail favorite stocks. It’s down 12% this month through yesterday, which would make it the worst month since April 2022. Note that the bad and good months tend to cluster as momentum takes over. There were a couple spectacular months just after…
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CNH is currently consolidating in a narrow range around 6.77. In their 1–3 week view, they maintain a downside bias toward 6.7600 as long as strong resistance at 6.7820 remains intact. Over 1–3 months, they see tentative upside potential if key technical resistance is broken….
2026.07.17 2026.07.17 USD/JPY: 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 161.55 with a target of 166.50–170.00. A buy signal: the price holds above 161.55. Stop Loss: below 161.00, Take Profit: 166.50–170.00. Alternative scenario: Breakout and consolidation below 161.55 will allow the…
