AUD/USD trades lower around 0.7040 on Friday at the time of writing, down 0.68% on the day, as the pair is pressured by a return of safe-haven demand despite supportive domestic factors in Australia. The Australian Dollar (AUD) remains underpinned this week by the Reserve Bank of Australia (RBA) decision on Tuesday to raise its Official Cash Rate by…
2026.03.20 2026.03.20 XAU/USD: Elliott Wave Analysis and Forecast for 20.03.26–27.03.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 4,081.50 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,081.50. Stop Loss: below 4,081.50, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below 4,081.50 will…
In life, we often try to compartmentalize things to make sense of them. For example, we separate what we like from what we dislike, what we are good at from what we are bad at, and what makes us happy from what makes us sad. As a result of this division, it is only natural that we gravitate towards…
If oil stays high for months on and at some point it leads into core inflation. A high and persistent oil shock would not have a transitory impact on inflation. Based on the jobs report was planning to dissent, but since then inflation has become more of a concern Zero job growth does not seem normal, but that is…
GBP/USD retreats on Friday, trading around 1.3380 at the time of writing, down 0.39% on the day, after Thursday’s strong rally following the Bank of England (BoE) decision. The corrective move comes as the US Dollar (USD) regains some traction, despite a broader backdrop shaped by a hawkish repricing of global monetary policy. The Bank of England kept its…
2026.03.20 2026.03.20 USD/JPY: Elliott Wave Analysis and Forecast for 20.03.26–27.03.26 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 159.86 with a target of 156.07–155.17. A sell signal: the price holds below 159.86. Stop Loss: above 159.86, Take Profit: 156.07–155.17. Alternative scenario: Breakout and consolidation above the level of 159.86…
The Bank of England’s Monetary Policy Committee voted unanimously to keep Bank Rate on hold at 3.75% at its March 2026 meeting, as a sharp spike in global energy prices triggered by conflict in the Middle East forced policymakers to shift their focus back to inflation risks. Markets had been pricing in a 7-2 vote in favor of keeping…
The drop in Wall Street yesterday could’ve been so much worse. A late-day rally helped to salvage something towards the end but is it enough to stop the bleeding this week? The only comfort is that some reassurances from US president Trump on the war at least helped to prop up sentiment a little. But in a time of…
Executive summary Topping Trend: SPX may have topped at $7,002. Potential Target: $6,079 – 38.2% Fibonacci retracement of the 2025-26 rally. Wave Count: Leading diagonal decline wave (i) or (a) in March 2026 SPX continues to decline from the 2026 high in a methodical pattern. Back on February 18, we forecasted a decline to 6,521 and SPX has nearly…
2026.03.20 2026.03.20 US Dollar Eyes Comeback As Hawkish Central Banks Set Bull Trap. Forecast as of 20.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The pullback in oil prices has allowed investors to shift their focus back to central banks and monetary policy. The ECB may raise rates as early as April, and the widening bond yield spread is boosting the EUR/USD pair. However,…
