Societe Generale analysts describe EUR/USD as quiet within its recent range, with spot capped by the 200‑day moving average at 1.1676 ahead of US CPI. They flag support at 1.1560 and resistance at 1.1735, alongside sizeable nearby option expiries. The Euro is also said to be ignoring recent hawkish ECB comments despite rising yields. Range trading below key resistance…
2026.03.11 2026.03.11 Aussie Surges On Hawkish RBA Expectations. Forecast as of 11.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Although the US dollar is supported by oil prices, the AUD/USD pair is taking advantage of every opportunity to grow. The Australian dollar remains the most effective currency on Forex thanks to the RBA, attractive Australian assets, and China. Let’s discuss this topic and make…
Just a few weeks ago, U.S. inflation was looking like a problem nearly solved. The U.S. Consumer Price Index came in at 2.4% in January, its lowest reading in years, and traders were confidently pricing in Fed rate cuts by June. The finish line was in sight. Then, on February 28, ̶t̶h̶e̶ ̶F̶i̶r̶e̶ ̶N̶a̶t̶i̶o̶n̶ ̶a̶t̶t̶a̶c̶k̶e̶d̶ U.S. and Israeli strikes…
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Commerzbank’s Antje Praefcke argues that US inflation data are unlikely to move the Dollar near term, as markets focus on Oil and the Iran war. She outlines two scenarios for the conflict’s duration and their implications for Fed policy and Dollar performance, stressing that future Fed reaction under new leadership could cap sustained Dollar gains. Oil shock scenarios and…
2026.03.11 2026.03.11 US Dollar Maintains Its Petrocurrency Status. Forecast as of 11.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The greenback benefits from rising oil prices not only because trading conditions in the US are improving, but also because the US dollar is the primary currency for global energy transactions, and increased demand for it pushes the EUR/USD pair down. Let’s discuss this topic…
Remember that range resistance setup we spotted a couple of weeks ago? Well, USD/CAD has been sliding since then and is now heading toward a potential support zone. Let’s take a closer look at the 4-hour time frame for more clues: USD/CAD 4-hour Forex Chart Faster with TradingView A spike in crude oil prices had traders piling into the…
Dive right into my Nasdaq technical analysis video from today (11 March, 2026) The recent market action from investingLive.com suggests that while the “bearish tilt” felt heavy for a moment, the bulls might just be pulling a classic “fakie” recovery. Here is the fun recap of what went down: 1. Oracle’s Cloud Nine Moment While the broader market was…
NZD/USD remains in the negative territory after giving up daily gains, trading around 0.5930 during the Asian hours on Wednesday. However, the pair advanced as the New Zealand Dollar (NZD) strengthened amid rising Reserve Bank of New Zealand (RBNZ) rate hike bets in 2026. This could be attributed to domestic inflation concerns, driven by the recent surge in oil…
2026.03.10 2026.03.11 Weekly Economic Calendar for 16.03.2026–22.03.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Key macroeconomic data, including US producer price figures, will be released this week. Markets will also focus on the outcomes of meetings of eight of the world’s largest central banks. The main attention will be on the results of the two-day Federal Reserve meeting. Its outcome could determine the near-term…
