The positive headlines around Iran continue to mount: Witkoff and Kushner headed to Pakistan on Saturday morning, according to the White House “We hope that positive developments will come from this meeting” Leavitt said Iran reached out an asked for an in person meeting Vance will be standing by in the US Everyone will be on standby to fly…
West Texas Intermediate (WTI) US Oil trades around $92.55 at the time of writing on Friday, down 3.28% on the day, marking a notable pullback after reaching recent highs earlier in the week. This move comes as markets reassess expectations for a swift de-escalation in tensions between Iran and the United States (US). Iran’s Foreign Minister Seyed Abbas Araghchi…
2026.04.24 2026.04.24 Gold Trading Strategies: How to Trade XAU/USD Profitably Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Gold trading strategies enable traders to grow their capital using proven tactics. According to data from the World Gold Council, gold remains one of the most liquid assets, and since financial markets operate nearly around the clock, it offers unique profit opportunities for those ready to start…
With geopolitical tensions keeping markets on edge, major developments could spur big and sharp price moves in any direction. Here are some questions you can ask yourself before you even think about chasing a move.
Prelim was 47.6 Prior was 53.3 Details: Conditions 52.5 vs 50.1 prelim (55.8 in March) Expectations 48.1 vs 46.1 prelim (51.7 in March) 1-year inflation 4.7% vs 4.8% prelim (Prior was 3.8%) 5-year inflation 3.5% vs 3.4% prelim (Prior was 3.2%) This is a modest recovery from the preliminary survey, likely as oil came down from a couple weeks…
USD/JPY trades around 159.50 on Friday at the time of writing, down 0.14% on the day and ending a sequence of four consecutive days of gains. The move comes amid a pullback in the US Dollar (USD), as improving market sentiment reduces demand for safe-haven assets. The prospect of a new round of discussions between the United States (US)…
2026.04.24 2026.04.24 USD/JPY: 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 157.53 with a target of 162.00–165.00. A buy signal: the price holds above 157.53. Stop Loss: below 157.00, Take Profit: 162.00–165.00. Alternative scenario: Breakout and consolidation below 157.53 will allow the…
Manufacturing is rebounding for the wrong reasons, services are slowing, and the dollar is the quiet winner in April’s PMI releases.
Oil prices may be holding firmer in pushing higher this week but overall risk sentiment is keeping on edge as investors are still holding out hope that there will be some positive news to come. Considering that oil prices are up about 17% on the week, the S&P 500 is down only 0.3% and Nasdaq down by just 0.1%….
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann expect AUD/USD to remain in a consolidation phase after a brief dip to 0.7111 and close around 0.7130. Intraday, the pair is seen holding between 0.7110 and 0.7160, while over the next one to three weeks a slightly wider 0.7080–0.7180 band is expected to contain price action….
