Iranian foreign minister Seyed Abbas Araghchi earlier wrote: The Islamabad Memorandum of Understanding has never been closer. Pending its finalization, the media should refrain from entering speculation about its content. In line with our responsible and transparent approach, all details will be shared with the public in due course. Trump was earlier ticked off about a leak of the…
United States CFTC Oil NC Net Positions fell from previous 155.9K to 130.3K
2026.06.12 2026.06.12 USD/CHF: Elliott Wave Analysis and Forecast for 12.06.26–19.06.26 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 0.7864 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7864. Stop Loss: below 0.7820, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.7864 will allow the…
Trump spent years railing against the $1.7 cash settlement the US paid out to Iran in 2016 and now there is this: Reuters reports that the UAE will unlock “at least” $10 billion in frozen Iranian funds and that he first $3 billion is already delivered. Two separate sources say the dagreement is for $20 billion in exchange for…
Japan CFTC JPY NC Net Positions declined to ¥-145.8K from previous ¥-129.6K
2026.06.12 2026.06.12 EUR/USD: Elliott Wave Analysis and Forecast for 12.06.26–19.06.26 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 1.1645 with a target of 1.1407–1.1124. A sell signal: the price holds below 1.1645. Stop Loss: above 1.1685, Take Profit: 1.1407–1.1124. Alternative scenario: Breakout and consolidation above the…
Bitcoin pushed higher today, reaching a session high of $64,349 as risk sentiment improved across broader markets. The week’s low was established on Wednesday at $60,679, comfortably above last week’s low of $59,104. While the overall trading range has been relatively modest, the price action has helped improve the near-term technical picture. The recent consolidation allowed the 200-hour moving…
United Kingdom CFTC GBP NC Net Positions fell from previous £-52.2K to £-64.2K
2026.06.12 2026.06.12 S&P 500 Bulls Buy the Dip Despite Market Fears. Forecast as of 12.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ One might have expected rising geopolitical risks, accelerating inflation, and the growing likelihood of Fed tightening to replace the fear of missing out with a fear of losses. Yet this shift has not materialized so far. Let’s discuss these topics and develop a…
Here are some comments from Araghchi on local TV: ENd of war in Lebanon means Israel’s withdrawal from occupied areas Interim deal is first step, if not implemented, there will be no nuclear talks End of US blockade and reopening of Hormuz is part of the interim deal Says enemies like Israel are against a deal Agreement yet to…
