TA Alert of the Day: USD/CHF Slips as MACD Hints at a Deeper Unwind
A bearish MACD crossover on USD/CHF hints at fading upside momentum after recent highs. Is a deeper pullback next?
A bearish MACD crossover on USD/CHF hints at fading upside momentum after recent highs. Is a deeper pullback next?
The headline return to expansion is unlikely to shift RBA rate expectations much given it was driven by staffing rather than demand, with new orders now contracting for a fourth straight month and backlogs being run down rather than rebuilt. The sharpest signal for markets is the confidence collapse to a two-and-a-half-year low, which points to businesses pulling back…
UOB’s Global Economics & Markets Research highlights that Thailand’s external buffers remain credible, but current-account dynamics have turned less favorable. Apr–May deficits reflect strong imports of energy and capital goods alongside resilient exports, reducing domestic value-added. The Baht is seen supported by structural buffers, yet near-term FX performance will stay sensitive to Oil prices, Fed expectations and current-account data….
2026.07.02 2026.07.02 US Dollar Firms as Focus Shifts to US Jobs Report. Forecast as of 02.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ New Fed Chair Warsh wants the markets to do all the heavy lifting for the regulator, and so far he is succeeding. The decline in inflation expectations suggests that investors are more than ready to do this for the Fed. Let’s…
Here are three reasons why you’ll have better luck being the first trader to reach the sun than finding a “holy grail” for forex trading.
American officials were worried that Israel was plotting to kill Abbas Araghchi, Iran’s foreign minister, and Mohammad Bagher Ghalibaf, the speaker of the parliament, during ceasefire negotiations in April. The NYT reports. Fearful that an Israeli assassination effort would doom the negotiations, the United States, according to some of the officials, went so far as to ask other countries…
The US Dollar Index (DXY) trades under pressure on Thursday as weaker-than-expected US Nonfarm Payrolls (NFP) data dent expectations of a near-term Federal Reserve (Fed) rate hike. The index, which tracks the Greenback’s value against a basket of six major currencies, trades around 100.88 at the time of writing after hitting a two-week low of 100.56 earlier in the…
2026.07.02 2026.07.02 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.07.2026 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. Despite a modest rebound, all three cryptocurrencies are expected to continue their decline. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to decline in impulse 5. Consider…
The U.S. economy added 57,000 jobs in June 2026, missing forecasts of 113,000. Prior months were also revised down 74,000, and September Fed hike bets fell sharply.
Yesterday, the gold buyers pushed the price above the 100 and 200 hour MAs. I wrote about it in a post outlining the bullish tilt: I ended that post saying the following: “If buyers can defend that support and extend the rally above today’s high at $4,115.67, it could trigger another wave of short covering and shift near-term momentum…