2026.07.17 2026.07.17 WTI Crude Oil: Elliott Wave Analysis and Forecast for 17.07.26–24.07.26 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 70.40 with a target of 91.80–105.17. A buy signal: the price holds above 70.40. Stop Loss: below 68.90, Take Profit: 91.80–105.17. Alternative scenario: Breakout and consolidation below 70.40 will…

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GBP/USD faces a key test as supportive long term trends collide with sticky inflation, shifting rate expectations, and stubborn resistance.

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USDCHF has a rollercoaster of a run this week. What has the ride done for the technicals? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}

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Rabobank’s Global Daily, titled “To govern is to choose”, discusses the UK’s political and macroeconomic backdrop as Labour’s Andy Burnham is set to become prime minister. The report highlights Brexit’s lingering drag on productivity, weak consumption growth, persistent inflation and high public debt. It argues Burnham must prioritise supply-side investment and difficult fiscal choices to alter the UK’s economic…

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2026.07.17 2026.07.17 XAU/USD: Elliott Wave Analysis and Forecast for 17.07.26–24.07.26 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 4,205.80 with a target of 3,720.00–3,290.55. A sell signal: the price holds below 4,205.80. Stop Loss: above 4,275.00, Take Profit: 3,720.00–3,290.55. Alternative scenario: Breakout and consolidation above the…

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When is scaling in considered “averaging down” and when can you call it “gambling?” Here’s when it makes sense and when it doesn’t.

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Tech shares continue to stay under pressure in final stretch of the week !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}

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TD Securities strategists see asymmetric downside risks for the British Pound (GBP) against the Euro (EUR). They argue that EUR/GBP appears notably undervalued relative to rate differentials, data surprises and equity performance. While markets expect the European Central Bank (ECB) to keep rates on hold in July, hawkish guidance for the rest of 2026 could support the Euro and…

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2026.07.17 2026.07.17 USD/CAD: Elliott Wave Analysis and Forecast for 17.07.26–24.07.26 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 1.4247 with a target of 1.3900–1.3820. A sell signal: the price holds below 1.4247. Stop Loss: above 1.4290, Take Profit: 1.3900–1.3820. Alternative scenario: Breakout and consolidation above the…

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GBP/USD hit a nine-week high as UK GDP beat forecasts, BOE rate-hike bets grew, and Andy Burnham’s incoming government added political clarity. Here’s why.

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