USD/CHF: Elliott wave analysis and forecast for 20.02.26–27.02.26

2026.02.20 2026.02.20 USD/CHF: Elliott Wave Analysis and Forecast for 20.02.26–27.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 0.7858 with a target of 0.7420–0.7200. A sell signal: the price holds below 0.7858. Stop Loss: above 0.7858, Take Profit: 0.7420–0.7200. Alternative scenario: Breakout and consolidation…

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Trump planning to invoke new authorities

The NYT reports: President Trump is planning to invoke new trade authorities in response to the Supreme Court’s ruling overturning his sweeping tariffs, according to two people familiar with his plans, potentially including a new, across-the-board tariff on U.S. trading partners. This is no surprise, many government officials have said this was coming. The report cities: Section 301 (requires…

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BNM expected to keep OPR steady through 2026 – UOB

UOB Global Economics & Markets Research reports that Malaysia’s inflation remained stable in January, slightly below its own forecast and in line with consensus. Despite solid 4Q25 GDP, price pressures are seen as contained, reducing the urgency for policy changes. UOB therefore maintains its view that Bank Negara Malaysia will hold the Overnight Policy Rate at 2.75% throughout 2026….

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EUR/USD: Elliott wave analysis and forecast for 20.02.26–27.02.26

2026.02.20 2026.02.20 EUR/USD: Elliott Wave Analysis and Forecast for 20.02.26–27.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 1.1700 with a target of 1.2400–1.2750. A buy signal: the price holds above 1.1700. Stop Loss: below 1.1700, Take Profit: 1.2400–1.2750. Alternative scenario: Breakout and consolidation below the level…

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Trump says he will invoke 10% Section 122 global tariff

US President Donald Trump announced he will invoke a 10% global tariff via Section 122. This is generally what was expected but it’s limited to 150 days unless extended by Congress. It also has some of its own legal challenges and is supposed to be invoked after consulting Congress but it looks like we’re going to skip that step….

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Policy divergence shapes regional currencies – MUFG

MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight an Asia‑centric week dominated by geopolitics, inflation and monetary policy. They expect the Bank of Korea to keep rates on hold through 2026, the Bank of Thailand to cut by 25bps, and China’s loan prime rates to stay unchanged pending clearer policy guidance in March. Asia…

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USD/JPY: Elliott wave analysis and forecast for 20.02.26–27.02.26

2026.02.20 2026.02.20 USD/JPY: Elliott Wave Analysis and Forecast for 20.02.26–27.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 152.25 with a target of 160.00–162.00. A buy signal: the price holds above 152.25. Stop Loss: below 152.25, Take Profit: 160.00–162.00. Alternative scenario: Breakout and consolidation below the…

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Gold is set for its highest-ever weekly close

I would have expected the Supreme Court decision to be a negative for gold, as it opens the pathway to a reversal of tariffs and a re-affirmation of the dollar-based system. Instead, the market seems to be taking it as a sign of further turmoil and uncertainty, which is gold bullish. The ongoing worries about a war in Iran…

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