The week ahead will bring a fresh test for major currency pairs as investors digest the first Federal Reserve (Fed) policy decision under Chair Kevin Warsh and look ahead to the United States (US) Personal Consumption Expenditures (PCE) data, global PMI releases, and central-bank commentary. The US Dollar Index (DXY) trades near the 100.70 price zone on Friday after…
2026.06.19 2026.06.19 US Dollar Surges on Increased Fed Rate Hike Odds. Forecast as of 19.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Fed’s hawkish surprise allowed investors to quickly build up expectations for two rounds of monetary tightening in 2026. However, only a minority of FOMC members voted in favor of this scenario. The market is clearly getting ahead of itself again. Let’s…
A look at the forces driving the Nasdaq 100, from Warsh’s hawkish Fed debut to the US-Iran MOU, and the levels that could decide the next move.
The picture for the Canadian dollar is worsening as it continues to carve out fresh 14-month lows. The US dollar is up another 33 pips today against the loonie, touching 1.4177. This will be the third consecutive week of gains for the pair and comes with oil prices falling in a post-war rout. WTI crude is down nearly $8…
The US Dollar Index (DXY) spent the back half of this week doing something most desks had written off six months ago: rallying on the prospect of a Federal Reserve (Fed) rate hike. The index pushed to a fresh 13-month high before easing back; the move owed less to safe-haven flight than to a cold read on rate differentials….
2026.06.19 2026.06.19 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.06.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is likely declining in impulse 5. Short trades can be opened with a target of 58,004.54. XRPUSD: The second…
A look at the Iran deal that pushed silver to a weekly high, the hawkish dot plot that erased it, and what could drive silver’s next major move.
It was a week in two parts of the gold market. The good news came early as the Iran war ended, and seemingly for real this time. That news helped to extend a rally that started late last week and lifted gold from a low of $4022 to as high as $4382. The peak came just before the FOMC…
Iran says it is closing the Strait of Hormuz after accusing the United States (US) and Israel of violating the ceasefire. According to Iran, the decision came over the continued Israeli strikes in Lebanon. The Iranian Revolutionary Guard Corps Navy issued a warning to all vessels: “Do not approach the Strait of Hormuz; otherwise, your security will be jeopardized.”…
2026.06.19 2026.06.19 USD/CAD: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26 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 1.3766 with a target of 1.4536–1.4788. A buy signal: the price holds above 1.3766. Stop Loss: below 1.3725, Take Profit: 1.4536–1.4788. Alternative scenario: Breakout and consolidation below the…
