What’s the difference between a prediction versus a trading bias? A prediction is defined as a forecasting statement on how things will be in the future. Making a prediction means that you are expecting a certain outcome. In forex trading, saying that a currency pair will trade at a particular price at a specified point in time is an example of a prediction….
In the Fed preview yesterday, I mentioned that Warsh was going to be the noise, while the Board the signal. In fact, the only takeaway from the decision was the more hawkish dot plot as the statement didn’t contain anything and Fed Chair Warsh refrained from giving forward guidance. The median dot plot showed one rate hike this year…
The Bank of England (BoE) is on track to leave the benchmark Bank Rate unchanged at 3.75% for the fourth consecutive time on Thursday, as the US-Iran peace deal and the softer-than-expected consumer inflation figures seen earlier in the week have eased pressures to tighten its monetary policy. UK economy is giving worrying signs of weakening at the outset…
2026.06.18 2026.06.18 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.06.2026 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 is rising in the third part of a bullish correction. Long trades can be opened with a target…
The U.S. and Iran announced an initial peace agreement earlier this week, and formal signing is set for Friday in Geneva. What could these latest geopolitical updates mean for the forex market, overall sentiment, and your trades?
Bitcoin is trying to repair after its recent sharp pullback, but I am not treating this as a clean bullish reversal yet. The short-term bounce is constructive, especially after the recovery from the $59,100 area, but the key level I cannot ignore is $61,775. If Bitcoin loses that zone, the bullish repair case weakens quickly. Key takeaways for crypto…
Gold (XAU/USD) clings to its modest intraday gains through the Asian session on Thursday and holds comfortably above the $4,300 mark amid a broadly weaker US Dollar (USD). US President Donald Trump and Iranian President Masoud Pezeshkian electronically signed a Memorandum of Understanding (MoU) aimed at ending hostilities between the two countries and reopening the Strait of Hormuz. Furthermore,…
The Fed held rates steady, but Warsh’s hawkish message sent the dollar higher as traders quickly repriced what comes next.
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…
The NZD/USD pair gains traction to around 0.5790 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) amid upbeat annual New Zealand Gross Domestic Product (GDP) data and improved risk sentiment. Data released by Statistics New Zealand on Thursday showed that the country’s GDP expanded by 0.8% QoQ in the first…
