The NASDAQ has now completed a Double Top formation, beginning on 30th October and completing on 28th January. After this week’s losses, the market is sitting directly on a major support zone where the 200‑day M/A intersects with long‑term trendline support at 24,246. This is a critical line of defence. Buyers need to aggressively defend this area. If they…
2026.03.03 2026.03.04 Weekly Economic Calendar for 09.03.2026–15.03.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Markets remain highly volatile, as geopolitical risks continue to outweigh both fundamental factors and technical analysis. In such a tense geopolitical climate, even the most important macroeconomic data becomes less influential. For now, the priority is to remain cautious and treat the current environment as a high-risk zone. Nevertheless, during…
Silver dropped to support on a wild session. The long-term trend is intact, and specs are washed out. A tactical long setup with defined risk.
Prior was 49.3 Non-manufacturing 49.5 vs 49.4 prior Composite 49.5 vs 49.8 prior The malaise in the Chinese economy continues. Worse is that this is headed in the wrong direction and deeper into contractionary territory. You would think sentiment would improve as tariffs are lowered following the US supreme court decision but the domestic economy isn’t helping. China manufacturing…
Gold climbs back above $5,100 during the Asian session on Wednesday, moving away from an over one-week low, touched the previous day. Sustained safe-haven flow, amid escalating geopolitical tensions in the Middle East, acts as a tailwind for the bullion. However, a bullish US Dollar and reduced bets for more aggressive easing by the US Fed might keep a…
2026.03.03 2026.03.03 US Dollar Posts Gains Fueled By Oil Rally. Forecast as of 03.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The strengthening of the US dollar in response to the conflict in the Middle East was an expected development in the Forex market. However, Donald Trump had previously welcomed the weakening of the greenback. Have his priorities changed? Let’s discuss this topic and…
EUR/GBP is starting to lose upside momentum after a late-February push that briefly lifted the price into the 0.875–0.879 area. The latest daily candle has pulled back toward a level the market has repeatedly interacted with in recent weeks. Momentum traders will notice the shift first, because it’s happening in the indicator before the price has made a decisive…
Prior was -2.1% Import prices vs +0.8% expected Prior import prices +0.5% Export prices vs +0.5% expected Prior export prices -1.6% New Zealand’s terms of trade measure the ratio of the country’s export prices to its import prices, serving as a key indicator of the nation’s purchasing power in international markets. This metric is particularly important for New Zealand…
EUR/USD edges down during the North American session yet it has bounced off daily lows hit at 1.1530 on heightened tensions in the Middle East, despite a jump on inflation in the Eurozone. The pair trades at 1.1618, down 0.63%. Euro weighed by geopolitics, despite high EZ inflation Geopolitical tensions remain high, sparking a flight to safety, boosting the…
2026.03.03 2026.03.03 Short-Term Analysis for Oil, Gold, and EURUSD for 03.03.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro continues its short-term downtrend. The…
