2026.07.31 2026.07.31 WTI Crude Oil: Elliott Wave Analysis and Forecast for 31.07.26–07.08.26 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 77.05 with a target of 105.17–115.50. A buy signal: the price holds above 77.05. Stop Loss: below 75.50, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below 77.05 will…

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The Bank of Japan held rates at 1% in July 2026, but overnight yen intervention and hawkish comments point to a hike as soon as September.

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The U.S. rig count was little changed this week, with the total number of active rigs rising by 1 to 588. Oil rigs increased by 1, while natural gas and miscellaneous rigs were unchanged. Compared with a year ago, the total rig count is 48 rigs higher, led by a **41-rig increase in oil drilling. Category This Week Change…

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U.S. week ahead Employment • Friday Labor market conditions appear to have been little changed in July. Nonfarm payroll growth averaged 92K over the first half of the year, and we look for a similar 95K increase in July. Small business hiring plans improved in June and initial jobless claims moved lower between survey weeks, suggesting layoffs remain limited….

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2026.07.31 2026.07.31 How to Trade Commodities: A Beginner’s Guide Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Many people think commodity trading is mainly about analyzing seasonal trends. In reality, the most popular commodities are highly liquid, making them suitable for intraday trading and even scalping. Thanks to the liquidity of commodity futures, traders can profit from short-term price movements with almost any amount of…

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EUR/USD is pressing into a key technical zone as shifting rate expectations and mixed momentum set up an eventful week ahead.

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Fed’s Logan: Favors a rate hike as inflation is not on a sustainable course !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}

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ING economists Deepali Bhargava and Lynn Song expect the Reserve Bank of India to keep the repo rate at 5.25% this week. They note that while June headline inflation rose on higher fuel prices, core inflation remains below target. This gives policymakers room to maintain current settings while monitoring risks from elevated Oil prices and a possible severe El…

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2026.07.31 2026.07.31 XAU/USD: Elliott Wave Analysis and Forecast for 31.07.26–07.08.26 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 3,989.50 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 3,989.50. Stop Loss: below 3,920.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 3,989.50 will allow the…

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The dollar sank across the board Thursday as suspected Bank of Japan intervention hammered the yen, while a chip stock rebound lifted equities ahead of Friday’s BOJ decision.

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