The latest geopolitical headlines once again reminded traders just how headline-driven markets can be. Following President Trump’s declaration that the “Ceasefire is OVER!”, the initial reaction was textbook risk-off: the U.S. dollar moved higher, stocks turned lower, oil prices rallied, and Treasury yields edged higher. However, true to the recent roller-coaster price action, many of those moves have already…
Gold (XAU/USD) price retreats on Friday during the North American session, pressured by US President Donald Trump’s comments allowing the resumption of US-Iran talks, but reiterating that the ceasefire is “over.” The XAU/USD pair trades at around $4,103, down 0.48%. XAU/USD falls as renewed war risks lift yields and Dollar The yellow metal seems poised to end the week…
2026.07.10 2026.07.10 USD/CAD: Elliott Wave Analysis and Forecast for 10.07.26–17.07.26 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 1.4060 with a target of 1.4400–1.4540. A buy signal: the price holds above 1.4060. Stop Loss: below 1.4015, Take Profit: 1.4400–1.4540. Alternative scenario: Breakout and consolidation below 1.4060 will allow the…
Crude oil is trading lower and back below its 100 hour moving average at $71.65 !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
MUFG’s Lloyd Chan highlights the Indonesian rupiah’s continued vulnerability as USD/IDR moved back above 18,000 amid renewed Middle East tensions and elevated US yields. Although attractive government bond and SRBI yields have supported foreign inflows into the bond market, persistent net foreign equity outflows leave the balance of risks tilted toward further rupiah weakness. External pressures weigh on Rupiah…
2026.07.10 2026.07.10 USD/CHF: Elliott Wave Analysis and Forecast for 10.07.26–17.07.26 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 0.8008 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.8008. Stop Loss: below 0.7965, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.8008 will allow the…
SK Hynix made an impressive NASDAQ debut following its successful American Depositary Receipt (ADR) offering at $150. The shares opened at $170 and are currently trading near $174, up roughly $24 on the session. The enthusiasm is easy to understand. SK Hynix is a critical supplier of the high-bandwidth memory (HBM) chips that power Nvidia’s AI processors. Simply put,…
The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad set of activity indicators. China’s second-quarter Gross Domestic Product (GDP) and the Bank of Canada’s (BoC) interest-rate decision will also attract significant attention. The…
2026.07.10 2026.07.10 EUR/USD: Elliott Wave Analysis and Forecast for 10.07.26–17.07.26 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 1.1473 with a target of 1.1124–1.0892. A sell signal: the price holds below 1.1473. Stop Loss: above 1.1515, Take Profit: 1.1124–1.0892. Alternative scenario: Breakout and consolidation above the…
Deutsche Bank has a simple message for anyone trying to trade currencies on headlines this year: stop. A war in the Middle East, a leadership change at the Fed, wild swings in tech valuations — and none of it has mattered as much as one thing. The bank’s analysis shows yield has been the dominant driver of 2026 currency…
