AUD/USD shows oversold Williams %R, signaling a possible rebound or continued selloff. Will sellers confirm weakness and push lower, or will buyers stabilize price and trigger a bounce?
Rate markets have already pared back conviction on a July move, with hike odds slipping from above 80% a week ago to a range now clustering around the high 60s to 70%. The retreat in crude toward the high USD60s a barrel, down sharply from the roughly USD101 assumed in the RBNZ’s May projections, is the main swing factor,…
Michael Wan at MUFG reports that China’s manufacturing and non-manufacturing PMI data surprised on the upside, easing fears of imminent policy easing. He notes that a recent PBOC overnight reverse repo carried a lower-than-expected coupon, but argues that China’s operational monetary policy target will not immediately shift to the overnight rate, with the 7‑day reverse repo rate remaining the…
2026.07.01 2026.07.01 Short-Term Analysis for Oil, Gold, and EURUSD for 01.07.2026 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. Yesterday, gold tested the resistance A of…
Consumer confidence surveys track how Americans feel about the economy, and those feelings move markets. The Conference Board’s Consumer Confidence Index for June 2026 came in at 91.2, missing the 94.0 forecast and landing below levels many analysts considered the floor. Days earlier, the University of Michigan’s Consumer Sentiment Index clocked its second-lowest reading on record at 49.5 for…
As per earlier reports, US official says that the US did not agree to renew USMCA in current form United States will continue to engage with Mexico and Canada to address agreements shortcomings and heartrate deficits with these countries. Agreement remains “in force” pending resolution of these issues or until agreements termination USTR will continue to consult with Congress,…
EUR/USD pares some of its losses on Wednesday as softer-than-expected US economic data and remarks from Federal Reserve (Fed) Chair Kevin Warsh weigh on the US Dollar (USD). At the time of writing, the pair is trading around 1.1387 after recovering from an intraday low of 1.1361, though it remains down about 0.30% on the day. Speaking at the…
2026.07.01 2026.07.01 What Are AI Crypto Coins? Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ What is AI cryptocurrency? This is a question many people ask as the worlds of artificial intelligence and blockchain continue to converge. Unlike Bitcoin, which primarily serves as a store of value, AI cryptocurrencies combine AI and blockchain technology to create tokens with real-world utility. They can be used to…
Hawkish Fed expectations are running pretty high these days, but what if the June jobs report falls way short of estimates? Our Event Guide for the NFP report points out that a combination of cooling wage growth and slower hiring could be enough for markets to rethink the FOMC tightening timeline. Here’s what I’m looking at on GBP/USD and…
Every trading day begins with new information. Economic releases, geopolitical developments, central bank statements, and changes in market sentiment can all influence price movements within minutes. For this reason, successful traders rarely rely on instinct alone. Instead, they begin with a structured daily market analysis before making any trading decision. Daily market analysis is not about predicting the future…
