WTI Crude Oil: Elliott Wave Analysis and Forecast for 04.09.26–11.09.26

2026.09.04 2026.09.04 WTI Crude Oil: Elliott Wave Analysis and Forecast for 04.09.26–11.09.26 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 79.00 with a target of 105.17–115.50. A buy signal: the price holds above 79.00. Stop Loss: below 77.50, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below 79.00 will…

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Canadian Employment Falls, Tariffs Bite

Canada lost 42,000 jobs in August 2026, a shock miss against forecasts calling for a 15,000 gain. The unemployment rate held at 6.4%. But the bigger story sits underneath: wage growth just slowed to its weakest pace in years, and US tariffs are starting to bite. Canada Jobs August 2026: Key Takeaways Employment fell 42,000 (-0.2%) in August, missing…

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Why Canada’s weak jobs data strengthens the BoC’s stance

Canada lost nearly 42K jobs in August against forecasts for a 15K gain, and the unemployment rate stayed at 6.4% anyway. Wages grew 2% on the year, the slowest since November 2017 outside the pandemic years. Two days after the Bank of Canada (BoC) held at 2.25% with a rate statement that called the labour market improved, demand subdued,…

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XAU/USD: Elliott Wave Analysis and Forecast for 04.09.26–11.09.26

2026.09.04 2026.09.04 XAU/USD: Elliott Wave Analysis and Forecast for 04.09.26–11.09.26 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 4,282.50 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,282.50. Stop Loss: below 4,215.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,282.50 will allow the…

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Canada Employment change for August -41,7K vs 15.0K estimate

Prior month employment change: 75.1K Details for the month of August: Employment change: -41.7K vs +15.0K expected; prior +75.1K Unemployment rate: 6.4% vs 6.4% expected; prior 6.4% Full-time employment change: -35.9K vs prior +38.6K Part-time employment change: -5.8K vs prior +36.6K Participation rate: 65.0% vs prior 65.1% Average hourly wages for permanent employees: +2.0% YoY vs +3.0% expected; prior…

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Sharp rebound and Fed repricing – MUFG

MUFG’s Michael Wan highlights a sharp strengthening in the Japanese Yen, with USD/JPY dropping from 160 to around 155.30 as the Dollar broadly weakened and Asian FX gained. The report notes uncertainty over any Bank of Japan (BoJ) intervention, discusses hawkish BoJ rhetoric, and argues that excessive Fed rate expectations should unwind, leading to a weaker Dollar over time….

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Gold Has the Market on Its Side. Forecast as of 04.09.2026

2026.09.04 2026.09.04 Gold Has the Market on Its Side. Forecast as of 04.09.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Speculators are increasing their long positions, retail investors are boosting their ETF holdings, and central banks are adding to their gold reserves. Against this backdrop, buying the dip is becoming the best strategy for XAU/USD. The NFP report may provide an opportunity to put…

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