WTI: Elliott Wave Analysis and Forecast for 16.10.26–23.10.26

2026.10.16 2026.10.16 WTI: Elliott Wave Analysis and Forecast for 16.10.26–23.10.26 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 90.60 with a target of 105.17–115.50. A buy signal: the price holds above 90.60. Stop Loss: below 89.10, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below 90.60 will allow the…

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British Pound breaks 1.3350 as Warsh stays vague, BoE hike bets build

The Pound Sterling advanced against the US Dollar on Friday after Fed Chair Kevin Warsh didn’t provide forward guidance on interest rates, while expectations that the Bank of England would hike rates in November supported GBP/USD, pushing it above 1.3350 and registering gains of over 0.61%. GBP/USD rallies as Fed uncertainty contrasts with hawkish expectations on the BoE The…

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XAU/USD: Elliott Wave Analysis and Forecast for 16.10.26–23.10.26

2026.10.16 2026.10.16 XAU/USD: Elliott Wave Analysis and Forecast for 16.10.26–23.10.26 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 4,060.30 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,060.30. Stop Loss: below 3,990.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,060.30 will allow the…

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Dollar drivers stay dominant on price movement – Nordea

Nordea strategists note EUR/USD has already hit its H1 2027 target of 1.12 and now expect further US Dollar (USD) strength versus the Euro (EUR). Nordea lower its year-end EUR/USD forecast to 1.10 and projects a test of 1.08 in H1 2027 before a recovery to 1.14 in H2 2027 and 1.20 by end-2028, citing rate differentials, AI-related inflows…

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EUR/USD: Elliott Wave Analysis and Forecast for 16.10.26–23.10.26

2026.10.16 2026.10.16 EUR/USD: Elliott Wave Analysis and Forecast for 16.10.26–23.10.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction has been completed, consider short positions below the level of 1.1320 with a target of 1.1040–1.0895. A sell signal: the local correction ends and the price holds below 1.1320. Stop Loss: above 1.1365, Take…

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