The Indian Rupee (INR) rises against the US Dollar (USD) on Wednesday after a flat opening. The USD/INR pair falls to near 95.15 even as Middle East tensions have flared up again, following the United States (US) retaliation against Iran over the shooting down of an American helicopter. Renewed US-Iran tensions have offered support to oil prices. As of…
2026.06.10 2026.06.10 Short-Term Analysis for Oil, Gold, and EURUSD for 10.06.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro is correcting higher. The article…
The ECB faces one of central banking’s hardest dilemmas on Thursday, and understanding it helps explain why the euro could swing sharply either way.
EUROPEAN SESSION In the European session, we don’t have anything on the agenda so the price action will likely remain rangebound heading into the US CPI release. The risk sentiment is mixed but not negative despite some fresh escalation between US and Iran. The limited attacks and retaliations continue to suggest that there’s no intention to go back to…
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on a modest Asian session uptick and currently trades just below mid-$87.00s, nearly unchanged for the day. Renewed hostilities between the US and Iran temper hopes for a deal to end the over three-month-old war. This, along with the effective closure of the Strait…
U.S. crude oil prices just bounced from a previous support zone! Will this lead to WTI crude making countertrend moves in the next trading sessions?
War news dominated, read from the bottom up for chronology: Other: Summary: US and Iran exchange direct military strikes overnight in the most serious escalation since the conflict began in February Iran downed a US Army Apache helicopter over the Strait of Hormuz; Washington responded with three waves of precision strikes on Iranian air defense, radar and ground control…
USD/CAD inches higher after posting minor gains in the previous day, trading around 1.3950 during the Asian hours on Wednesday. The pair may depreciate as the commodity-linked Canadian Dollar (CAD) could receive support from higher oil prices, given Canada’s status as the largest crude exporter to the United States (US). Crude oil prices advanced in earlier hours as intensifying…
2026.06.09 2026.06.10 Weekly Economic Calendar for 15.06.2026–21.06.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Next week, five of the world’s largest central banks will announce their interest rate decisions. The key event will be the Federal Reserve meeting on Tuesday and Wednesday. While the Fed is widely expected to leave rates unchanged, investors will closely watch the accompanying statement and remarks from the new…
GBP/CHF pushed beyond its upper Bollinger Band near key resistance, raising the question: bearish reversal setup or bullish trend expansion?
