HSBC argues that the Pound is more exposed to downside risks following Prime Minister Starmer’s resignation and the ensuing UK leadership contest. The bank highlights a less supportive macro backdrop, with UK–US 2-year spreads narrowing to near zero, a Bank of England hold at 3.75% expected through year-end, and deteriorating fiscal optics likely weighing on GBP in coming months….
2026.06.29 2026.06.29 Breakout Trading Strategy: Setups Every Trader Should Know Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ A breakout trading strategy is based on the premise that once the price breaks through a key level, it is likely to continue moving in the same direction. These key levels may include trend lines, support and resistance levels, channel boundaries, or chart pattern boundaries. Successful breakout…
Halfway through 2026, it’s time to check whether your trading goals still match your process, performance, and current market reality.
Nasdaq futures are showing a mild bullish repair today, but not a confirmed bullish takeover yet. My blended NQ read is +2 / +10, with medium confidence, because the 30-minute chart shows higher value migration and price remains above the key 29,670 area, but the shorter-term structure shows that buyers have not yet accepted above 29,745-29,760. Key takeaways for…
OCBC’s Sim Moh Siong and Christopher Wong highlight that a more hawkish Federal Reserve and flatter US yield curve have replaced high Oil prices as the main support for the Dollar. Their new forecast sees EUR/USD at 1.11 and USD/JPY at 163 by year-end, with DXY projected to gain 2–3% and low-yielders like the Swiss Franc and Japanese Yen…
2026.06.29 2026.06.29 Yen Weakens Despite Intervention Fears. Forecast as of 29.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of Japan has stepped up its hawkish rhetoric, aiming to bring rates to a neutral level as quickly as possible. However, the government would prefer to see no changes. As a result, the yen is suffering. Let’s analyze the situation and develop a trading…
A weekend of tit-for-tat strikes between the U.S. and Iran blew a hole in the month-old ceasefire deal, putting WTI crude, gold, and the dollar back on edge heading into a jobs-heavy week. What Actually Happened? Let’s back up a few days to set the stage for what went down between the U.S. and Iran over the weekend. On…
Economic confidence 95.0 vs 94.0 expected Prior 93.5; revised to 93.7 Industrial confidence -7.7 vs -7.2 expected Prior -8.0; revised to -7.9 Services confidence 3.2 vs 3.0 expected Prior 2.2; revised to 2.6 That reflects a decent bounce in economic sentiment in the euro area, as per the survey by the European Commission. The good news here is that…
The Indian Rupee (INR) trades flat against the US Dollar (USD) after a long weekend on Monday. The USD/INR pair wobbles around 94.35 as investors await the outcome of talks between the United States (US) and Iran, scheduled on Tuesday in Oman, regarding peace near the Strait of Hormuz, a critical chokepoint to almost one-fifth of global energy supply….
2026.06.29 2026.06.29 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.06.2026 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 article covers the following subjects: Major Takeaways BTCUSD: The price continues to decline in impulse 5. Consider short positions with a Take Profit at the 57,926.00 low. XRPUSD: The second…
