Residential building was the main reason for the drag in overall construction activity in February, being the weakest-performing segment (37.0) once again. That being said, there were also contractions in both commercial construction activity (46.5) and civil engineering work (41.0) with the latter slumping to its softest since September last year. S&P Global notes that: “A sharper downturn in…
Deutsche Bank strategists highlight that markets are pricing out early Federal Reserve easing following strong ISM Services and ADP private payrolls data. Analysts note that the probability of a June rate cut has fallen to 39% as skepticism grows that a new Fed Chair can start cutting rates straight away. Rate cut expectations pushed back “As all that was…
2026.03.05 2026.03.05 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.03.2026 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 the Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The last part of impulse 5 appears to be developing. Consider selling the asset with Take Profit at 62,400.00. XRPUSD:…
After several days of losses, EUR/USD is starting to attract buyers around a key support zone. Could this lead to a bounce in the next few trading sessions? Here’s what’s happening on the daily time frame: EUR/USD Daily – Chart Faster with TradingView The Euro Area’s exposure to the U.S.-Iran conflict and European Central Bank (ECB) officials’ concerns about…
Well, they’re not going off into the wild in calling for triple-digit oil prices at least. The firm is offering a bit more of a measured take to start with as they see “mixed signals” from the US-Iran conflict. That especially with regards to the Strait of Hormuz, which is what market players are heavily focusing on. Goldman Sachs…
Gold prices rose in Malaysia on Thursday, according to data compiled by FXStreet. The price for Gold stood at 657.01 Malaysian Ringgits (MYR) per gram, up compared with the MYR 651.10 it cost on Wednesday. The price for Gold increased to MYR 7,663.22 per tola from MYR 7,594.35 per tola a day earlier. Unit measure Gold Price in MYR…
Remember that descending triangle we were watching on bitcoin a few days back? The OG crypto just made a bullish breakout and may be gathering more upside momentum. Take a look at these potential pullback levels on the 4-hour chart. Bitcoin (BTC/USD) 4-hour Chart Faster with TradingView Risk-off flows spurred by heightened US-Iran geopolitical tensions over the weekend appeared…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Silver (XAG/USD) trades with a positive bias for the second straight day on Thursday, though it lacks follow-through buying and remains confined in the previous day’s broader range. The white metal holds above the $84.00 mark during the Asian session, up over 1% for the day. The near-term bias is mildly bearish as the XAG/USD retreats from last week’s…
2026.03.04 2026.03.04 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 04.03.2026 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 the Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The last part of impulse 5 appears to be developing. Consider selling the asset with Take Profit at 62,400.00. XRPUSD:…
