Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (July 3, 2026)

2026.07.03 2026.07.03 Short-Term Analysis for Oil, Gold, and EURUSD for 03.07.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil prices are trading today in a…

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Germany June final services PMI 48.6 vs 46.8 prelim

Prior 48.1 Final Composite PMI 49.5 vs 48.0 prelim Prior 48.8 Key findings: Business activity falls for third month running, but cost pressures ease substantially June sees further, albeit slightly slower, drop in business activity Input price inflation retreats to seven-month low Employment falls at weakest rate in current sequence of job losses Comment: Phil Smith, Economics Associate Director…

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Japanese Yen holds steady amid US Independence Day holiday

The USD/JPY pair posts modest gains on Friday amid thin trading due to the US Independence Day holiday. The US Dollar (USD) stabilizes against the Japanese Yen (JPY) after a sharp decline on Thursday following softer-than-expected United States (US) labor market data. At the time of writing, USD/JPY trades at 161.30 after falling to a two-week low of 160.49…

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USD/CAD: Elliott Wave Analysis and Forecast for 03.07.26–10.07.26

2026.07.03 2026.07.03 USD/CAD: Elliott Wave Analysis and Forecast for 03.07.26–10.07.26 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 1.4131 with a target of 1.4536–1.4788. A buy signal: the price holds above 1.4131. Stop Loss: below 1.4085, Take Profit: 1.4536–1.4788. Alternative scenario: Breakout and consolidation below 1.4131 will allow the…

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Gold Market Brief: What’s Next for Gold in the Second Half of 2026?

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Eurozone services contraction eases in June as cost pressures cool

Services PMI 49.4 vs 48.9 prelim Prior 47.7 Composite PMI 50.0 vs 49.5 prelim Prior 48.5 Both the services and composite prints are 3-month highs respectively, reflecting a modest recovery in business activity in the euro area to wrap up Q2 2026. New business volume may have fallen for a fourth successive month, but at least the contraction was…

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Bulls extend gains on PMI resilience – Societe Generale

Societe Generale notes that stronger-than-expected China PMI data suggest slow but steady growth, reducing urgency for the PBoC to ease policy. The bank highlights that USD/CNY has fallen back below its 50-day moving average as Yuan strength reflects robust exports supported by the global AI boom. The report also points to a higher trade-weighted CEFTS RMB Index and firmer…

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USD/CHF: Elliott Wave Analysis and Forecast for 03.07.26–10.07.26

2026.07.03 2026.07.03 USD/CHF: Elliott Wave Analysis and Forecast for 03.07.26–10.07.26 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…

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UK June final services PMI 48.8 vs 48.7 prelim

Prior 49.3 Final Composite PMI 49.3 vs 49.4 prelim Prior 49.7 Key findings: Activity falls to greatest extent for nearly three and a half years New orders decrease for fourth month in a row Input cost inflation eases to its lowest since March Comment: Tim Moore, Economics Director at S&P Global Market Intelligence, said: “June data confirmed a clear…

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