Silver Market Brief: Rate Hike Fears Just Hammered Silver
A look at why silver came under heavy pressure, how stronger US data reshaped the rate outlook, and what traders will be watching as XAG/USD tries to find its footing.
A look at why silver came under heavy pressure, how stronger US data reshaped the rate outlook, and what traders will be watching as XAG/USD tries to find its footing.
Bitcoin fell below the $60,000 level for the first time since early February, extending to a low of $59,743 and reaching its weakest level since October 2024. The break lower increased bearish momentum, but buyers stepped in near the lows, helping to push the price back above the $60,000 threshold. Bitcoin is currently trading around $60,834. The rebound is…
AUD/USD depreciates after registering minor gains in the previous day, trading around 0.7120 during the Asian hours. The technical analysis of the daily chart shows the pair consolidating sideways within a rectangle pattern, as neither bulls nor bears gain control. The AUD/USD pair is holding a slight bearish tone however as it sits beneath both the nine-day and 50-day…
2026.06.05 2026.06.05 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.06.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: A bearish impulse wave is forming. Consider short positions with a Take Profit at 56,635.30. XRPUSD: The second half of…
The Nasdaq 100’s rally lost momentum as tech sentiment cooled and macro pressure returned, leaving traders to weigh whether the recent pullback is a pause or the start of a deeper correction.
The EURUSD continues to slide lower after breaking below a key support zone between 1.15768 and 1.15872. That floor had held firm since May 20, with the pair finding support within the area on four separate trading days between May 20 and May 28. The decisive break below that zone shifted the technical bias more firmly in favor of…
AUD/USD depreciates after registering minor gains in the previous day, trading around 0.7120 during the Asian hours. The technical analysis of the daily chart shows the pair consolidating sideways within a rectangle pattern, as neither bulls nor bears gain control. The AUD/USD pair is holding a slight bearish tone however as it sits beneath both the nine-day and 50-day…
2026.06.05 2026.06.05 USD/CAD: Elliott Wave Analysis and Forecast for 05.06.26–12.06.26 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 1.3967 with a target of 1.3400–1.3065. A sell signal: the price holds below 1.3967. Stop Loss: above 1.4005, Take Profit: 1.3400–1.3065. Alternative scenario: Breakout and consolidation above the…
NFP landed squarely in the “Goldilocks” range — and the market reacted like it was a blowout. Here’s what the framework got right, what it missed, and why it matters.
Key takeaways for stock investors and swing traders OKLO was already trading below its post-earnings anchored VWAP before Friday’s sharp drop. Thursday’s rally into that VWAP area was rejected, which was a warning sign. Earnings should be judged by the stock’s price reaction, not only by EPS or revenue headlines. Anchored VWAP from the latest earnings date is one…