Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.05.2026

2026.05.21 2026.05.21 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.05.2026 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 Elliott Wave analysis. The market situation remains unchanged. Hold open positions.  The article covers the following subjects: Major Takeaways BTCUSD: The final part of a bullish impulse continues developing. Consider long positions with a…

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Financial & Forex Market Recap – May 20, 2026

Wednesday’s session pivoted on two forces pointing in sharply different directions. President Trump’s assertion that US-Iran peace negotiations are approaching resolution sent crude oil tumbling below $100 per barrel and lifted equities and risk-sensitive currencies, while minutes from the Federal Reserve’s April 28–29 meeting confirmed a plainly hawkish internal debate, with a majority of officials warning that rate hikes…

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British Pound falls as Iran deal doubts, weak UK PMI bite

The GBP/USD fell by some 0.20% on Thursday amid concerns that the US and Iran couldn’t reach a deal, while strong US economic data was a headwind for Sterling, which dipped amid weakening UK business activity. At the time of writing, the pair trades at 1.3406 after peaking near 1.3454. GBP/USD slips as stronger US data offsets weekly gains…

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How to Trade EURUSD on Forex | Best Strategies for Euro Dollar

2026.05.21 2026.05.21 How to Trade EURUSD — Best Forex Strategies Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The euro/dollar (EURUSD) currency pair is among the most traded pairs in the Forex market, favored for its high liquidity, narrow spreads, and substantial trading volumes. Its popularity stems from the strong interest of both institutional and retail traders, making it an appealing choice for beginners and…

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Consolidation below key resistance – OCBC

OCBC’s FX Strategist Christopher Wong notes the Dollar Index eased as lower UST yields and softer Oil prices reduced safe-haven demand, with the Federal Open Market Committee (FOMC) minutes adding no new hawkish impulse. He highlights ongoing bullish daily momentum but signs of an overbought reversal. US Dollar Index (DXY) is consolidating, with resistance around 99.40 and 100.50/60 and…

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Brent Set to Skyrocket As Hormuz Closure Drains Global Inventories. Forecast as of 21.05.2026

2026.05.21 2026.05.21 Brent Set to Skyrocket As Hormuz Closure Drains Global Inventories. Forecast as of 21.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The oil market remains relatively stable thanks to existing buffers and ongoing market adjustments. As the saying goes, the best cure for high prices is high prices themselves, since elevated costs eventually weaken demand. However, this self-correcting market process takes time….

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Australian Dollar Slides as April Jobs Shock Dims RBA Hike Expectations

Australia’s labour market delivered a sharp negative surprise in April, with employment falling for the first time since November and the unemployment rate climbing to its highest level since late 2021. The miss against expectations raised doubts about near-term RBA tightening and sent the Australian dollar broadly lower. Key Takeaways Employment fell 18,600 (m/m) in April to 14,737,400, badly…

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