2026.06.19 2026.06.19 USD/CHF: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26 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 0.7905 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7905. Stop Loss: below 0.7865, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.7905 will allow the…

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You can see the indecision on the DAX chart shown here but the overall mood was good. The bulk of the move came on Monday as the US and Iran reached a peace deal. That’s driven the price of oil lower and removed a material risk to the eurozone economy. It’s concerning there was no follow through but the…

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The Australian Dollar spent this week as a passenger in someone else’s trade. A hawkish Federal Open Market Committee (FOMC) and a surging US Dollar dragged the Aussie down to the 0.7000 handle, with the pair’s sharp mid-week drop owing more to events in Washington than to anything out of Canberra. Yet the Aussie is not quite the pure…

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2026.06.19 2026.06.19 EUR/USD: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26 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 1.1618 with a target of 1.1348–1.1124. A sell signal: the price holds below 1.1618. Stop Loss: above 1.1660, Take Profit: 1.1348–1.1124. Alternative scenario: Breakout and consolidation above the…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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The Euro did something this week that ought to be impossible: it fell in the same fortnight the European Central Bank (ECB) delivered its first interest rate hike since 2023. EUR/USD slid to a fresh multi-week low near 1.1400 before clawing back to a tentative floor around 1.1450; the lesson is that not every rate hike is a vote…

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2026.06.19 2026.06.19 GBP/USD: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26 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 1.3459 with a target of 1.2936–1.2735. A sell signal: the price holds below 1.3459. Stop Loss: above 1.3500, Take Profit: 1.2936–1.2735. Alternative scenario: Breakout and consolidation above the…

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This has to be the most-fragile ceasefire in history. It’s hard to believe this is ever going to hold. This article was written by Adam Button at investinglive.com.

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The textbook calls the Canadian Dollar a petro-currency, which means that with a Middle East war keeping Crude Oil bid, the Loonie should be holding its own. Instead it spent this week sliding to a fresh 14-month low against the Greenback, capping a run in which the US Dollar has closed higher in six of the last seven weeks….

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2026.06.19 2026.06.19 WTI Crude Oil: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26 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 80.45 with a target of 70.00–65.00. A sell signal: the price holds below 80.45. Stop Loss: above 82.00, Take Profit: 70.00–65.00. Alternative scenario: Breakout and consolidation…

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