2026.04.03 2026.04.03 Gold Remains on Hold Ahead of Key Triggers. Forecast as of 03.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The need for liquidity to meet margin requirements on equities and bonds is driving gold sell-offs. However, Fed inaction, a recession, and the end of conflicts could support a rally in gold prices. Let’s discuss it and make a trading plan for XAU/USD….
It’s the first Friday of the month and that means it’s time for non-farm payrolls. It’s a holiday today in much of the world and US stock and bond markets are closed, so that will make for an interesting released. The FX market has been quiet so far today and S&P 500 futures are down 17 points. Those will…
USD/JPY trades with a mild downside bias on Friday as lingering intervention fears support the Japanese Yen (JPY), even as the US Dollar (USD) remains firm against its major peers following the upside surprise in US Nonfarm Payrolls (NFP) data. Thin liquidity conditions due to the Good Friday holiday are also contributing to muted and choppy price action. At…
2026.04.03 2026.04.03 GBP/USD: Elliott Wave Analysis and Forecast for 03.04.26–10.04.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 1.3000 with a target of 1.3870–1.4300. A buy signal: the price holds above 1.3000. Stop Loss: below 1.3000, Take Profit: 1.3870–1.4300. Alternative scenario: Breakout and consolidation below 1.3000 will…
Geopolitics, a blowout jobs report, and a surprise Swiss PMI kept traders guessing all week. Here’s how each major currency held up.
Prior -92K (revised to -133K) Two-month net revision -7K January was +126K (revised to +160K). December was -141K Unemployment rate 4.3% vs 4.4% expected. Prior unemployment rate 4.4%. Unrounded unemployment 4.256%% vs 4.441% prior Participation rate 61.9% vs 62.0% prior U6 underemployment rate 8.0% vs 7.9% prior Average hourly earnings +0.2% m/m vs +0.3% expected Average hourly earnings +3.5%…
The GBP/USD extended its losses for the second straight day, down 0.12% after a stellar US Nonfarm Payrolls report, which could refocus the Federal Reserve on battling higher inflation that has remained above target for five years. At the time of writing, the pair trades at 1.3205. Strong payrolls and firmer yields keep Sterling on the back foot The…
2026.04.03 2026.04.03 USD/JPY: Elliott Wave Analysis and Forecast for 03.04.26–10.04.26 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 158.20 with a target of 161.00–163.00. A buy signal: the price holds above 158.20. Stop Loss: below 158.20, Take Profit: 161.00–163.00. Alternative scenario: Breakout and consolidation below the level of 158.20…
Trump posted this on Truth Social: With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE A “GUSHER” FOR THE WORLD??? President DONALD J. TRUMP Trump initially pitched a 4-6 week timeline for this war and then repeatedly said they were ahead of schedule. Today marks the…
GBP/USD slips after blockbuster NFP revives Fed hold outlook bets The GBP/USD extended its losses for the second straight day, down 0.12% after a stellar US Nonfarm Payrolls report, which could refocus the Federal Reserve on battling higher inflation that has remained above target for five years. At the time of writing, the pair trades at 1.3205. Read More… GBP/USD trades slightly higher…
