USD/CHF dropped on Friday but finished the week with gains of over 0.35%, trading at 0.7841 as market participants grew confident that US-Iran talks could resume over the weekend to resolve the conflict. USD/CHF Price Forecast: Technical Outlook From a technical perspective, USD/CHF appears poised to remain in a consolidation within the 0.7800-0.7900 range. Momentum, as measured by the…
2026.04.24 2026.04.24 USD/CHF: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 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 the level of 0.7765 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7765. Stop Loss: below 0.7725, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below the…
Scott Bessent in a WSJ interview speaks about the key economy and policy goals as he maneuvers through the Iranian war and other global economic hurdles.: Goal: Restore strong U.S. growth following war disruptions while keeping expansion intact Balance inflation vs. growth: Bring inflation down without choking economic expansion Lift real wages: Focus on improving income for the bottom…
DBS Group Research economist Samuel Tse analyses recent steepening in Chinese Yuan (CNY) rates, linking it to a ceasefire between the United States (US) and Iran and stronger-than-expected Q1 growth in China. He highlights resilient Purchasing Managers’ Index (PMI), firm industrial and external activity, robust onshore bond demand and continued offshore inflows, arguing this backdrop supports a stable front…
2026.04.24 2026.04.24 The Franc Is Set to Reclaim Lost Ground. Forecast as of 24.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Swiss National Bank appears comfortable with the franc’s weakness during the Middle East conflict. UBS believes the SNB has intervened in the FX market, disrupting intermarket relationships. How long will it last? Let’s explore this and make a trading plan for EUR/CHF. The…
The week ahead is stacked with global central bank decisions and top-tier inflation and growth data, making it one of the most important macro weeks of the month. The Bank of Japan kicks things off, but the focus quickly shifts to a midweek cluster of Bank of Canada and FOMC decisions, followed by a “super Thursday” featuring the BOE…
OCBC strategists Sim Moh Siong and Christopher Wong describe a technical rebound in USD/TWD driven by broader US Dollar (USD) strength and risk aversion linked to the US‑Iran ceasefire stalemate. While near-term upside risks persist, they still prefer fading rallies, citing strong foreign inflows into Taiwanese equities, high correlation with the tech cycle, and robust AI-led export momentum as…
2026.04.24 2026.04.24 EUR/USD: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 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 1.1445 with a target of 1.2088–1.2400. A buy signal: the price holds above 1.1445. Stop Loss: below 1.1405, Take Profit: 1.2088–1.2400. Alternative scenario: Breakout and consolidation below 1.1445 will allow the…
There’s a noticeable amount of positioning and repositioning ahead of the weekend, with headlines offering a mixed and at times conflicting picture. The market is reacting to uncertainty around potential diplomatic developments with a tilt toward confidence, but clarity and certainty remains limited for now. A trilateral meeting with the US, Iran, and Pakistan will only be considered after…
Commerzbank highlights that BSP raised its policy rate by 25bp to 4.50%, signalling the start of a new tightening cycle to anchor inflation expectations. Despite a hawkish tone and higher inflation forecasts, the Peso underperforming regional peers since the Iran war as the Philippines remains highly exposed to Middle East energy prices. Rate hike fails to lift weak currency…
