The EUR/JPY consolidates around 186.00, edges down by 0.06% amid a souring of risk appetite amid the escalation of the US-Iran war, and strengthens safe-haven assets like the Japanese Yen. EUR/JPY Price Forecast: Technical outlook The EUR/JPY trades sideways after reaching the year-to-date (YTD) high of 187.95. The cross-pair dipped toward the 183.00 area following the Bank of Japan’s…
2026.07.24 2026.07.24 USD/CHF: Elliott Wave Analysis and Forecast for 24.07.26–31.07.26 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 0.8058 with a target of 0.8250–0.8400. A buy signal: the price holds above 0.8058. Stop Loss: below 0.8018, Take Profit: 0.8250–0.8400. Alternative scenario: Breakout and consolidation below 0.8058 will allow the…
WTI crude oil futures settled at $89.31, down $2.88 (-3.12%) on the day after trading in a wide range between $87.68 and $92.83. Despite today’s sharp decline, crude still finished the week up $7.51, or 9.17%, highlighting just how volatile trading has been. From a technical perspective, the daily chart shows buyers made a run to $93.50 on Thursday,…
The week in one sentence. Speculators rebuilt their bearish conviction in JPY and EUR, kept selling AUD, and continued covering GBP, while WTI delivered the cleanest positive turn as both positioning and price moved sharply higher. A more defensive reset The foreign-exchange complex turned more defensive. JPY registered the largest weekly deterioration, with net positioning falling by 29,462 contracts…
2026.07.24 2026.07.24 What is stop-loss in trading: Complete Guide for Beginners Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/ Trading on Forex always involves risk. Experienced traders know that success depends not only on careful and accurate forecasting. A well-thought-out risk management strategy with clear rules for opening and closing trades is also crucial in trading. One of the key tools for managing risk is…
Iran not yet ready to make a deal. We can negotiate and we are speaking to them. Nuclear is a wave of the future On Saudi Arabia nuclear deal: Saudi Arabia should be a member of Abraham accords. On Canada: going to put a big tariff on Canada because of the smoke. Will see what comes of Iran talks….
OCBC’s Sim Moh Siong and Christopher Wong expect the Monetary Authority of Singapore (MAS) to leave the Singapore Dollar (SGD) Nominal Effective Exchange Rate (S$NEER) policy unchanged at Monday’s meeting despite a modest rebound in core Consumer Price Index (CPI) to 1.6% year-on-year in June. They argue the move does not yet signal a broad or persistent inflation impulse,…
2026.07.24 2026.07.24 Gold Needs a Reset as Its Tailwinds Fade. Forecast as of 24.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While gold recovered its losses in 2022 thanks to central banks’ bullion purchases, that tailwind has faded. Market sentiment has shifted, and demand for diversification has weakened. Only a de-escalation of tensions can support the precious metal. Let’s discuss this topic and outline a trading plan….
Earnings season hits full stride next week, with several of the market’s biggest companies set to report. Investors will be watching not only the headline numbers, but also management commentary on AI spending, consumer demand, tariffs, and the outlook for the second half of the year. Monday Before the Open AstraZeneca (AZN) Baker Hughes (BKR) After the Close None…
World Foundation, the nonprofit organization behind World Network, has raised $52.5 million through a strategic sale of its WLD token as the project marks three years since its mainnet launch. The funding round was led by Pantera Capital and included participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto and other investors. The tokens purchased in the…
