Gold is sharply higher today, gaining $54, or 1.35%, to $4,080.67. The metal has traded in a wide range, with a session low of $3,983.21 and a high of $4,096.73. Despite today’s rebound, gold remains lower on the week, down $141.75. At its worst levels this week, the price had plunged $260.36 from the weekly high before staging a…
Gold (XAU/USD) price recovers some ground on Friday, hitting a two-day high of $4,096 as the Greenback edges lower alongside Treasury yields after investors trimmed hawkish bets on the Federal Reserve (Fed). The XAU/USD pair trades at $4,076, up 1.24%. XAU/USD rises as traders trim Fed hawkish bets The yellow metal has failed to gain meaningful traction over the…
2026.06.26 2026.06.26 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.06.2026 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 continues to decline in impulse 5. Consider short positions with a Take Profit at 55,805.59. XRPUSD: The second half…
If you trade XAG/USD, silver CFDs, silver futures, or silver ETFs, here’s what moved silver this week and what to watch next week. Silver opened the week at $64.85 and dropped nearly 12% over Tuesday and Wednesday under hawkish rate expectations and a stronger dollar. PCE came in line with consensus on Thursday, the dollar fell, and silver recovered. Silver…
Secretary of State Rubio said that there is a framework agreement between Israel and Lebanon after talks in Washington. He added that there is still a lot of work ahead. The US, Israel, and Lebanon signed a trilateral framework agreement. There are no further details. Netanyahu adds: The agreement between Israel and Lebanon is a major blow to Iran….
OCBC’s FX strategists Sim Moh Siong and Christopher Wong note USD/CNH’s recent run-up has stalled, with the pair around 6.8020 and daily bullish momentum intact but RSI turning lower from overbought. They caution CNH may still trade on the back foot near term if Dollar strength persists, yet view recent Renminbi (RMB) slippage as a correction, expecting weakness to…
2026.06.26 2026.06.26 USD/CAD: Elliott Wave Analysis and Forecast for 26.06.26–03.07.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions above the level of 1.3950 with a target of 1.4536–1.4788 after correction ends. A buy signal: the price holds above 1.3950 after the correction is complete. Stop Loss: below 1.3900, Take Profit: 1.4536–1.4788. Alternative…
If you trade XAU/USD, gold CFDs, gold futures, or gold ETFs, here’s a deeper dive into what moved gold this week and what to watch going into next week. Gold entered this week with three straight weekly losses. A 60-day Iran ceasefire agreed Monday gave gold a brief lift before continued repricing of Fed tightening expectations sent the dollar…
FedEx reported earnings this week and it’s a company worth watching because freight demand is a great proxy for economic activity. Here is Brie Carere, EVP & Chief Customer Officer: “I was concerned a quarter ago that we maybe would see some demand destruction. That has not at all been the case.” Raj Subramaniam, President & CEO “We are…
Silver (XAG/USD) price registers gains of nearly 2% on Friday but is poised to finish the week with losses of nearly 10%, as the white metal falls below the $60.00 threshold for the first time since the rally that began at the beginning of December 2025. At the time of writing, the XAG/USD pair trades at $59.00 after hitting…
