2026.02.20 2026.02.20 What Is Price Action Trading: Strategies, Patterns & Signals for Forex Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ The Price Action trading method is an important part of technical analysis. Retail traders use it across all financial markets and instruments because all you need for analysis is a chart, a few basic indicators, and the ability to read price movements. To trade…
One of the most common mistakes of newbie traders is focusing too much on finding the next winning trades instead of becoming good traders. It’s not unusual to see newbies who spend most of their time doing fundamental or technical analysis to find a profitable trade setup. Some even straight up copy other traders’ ideas and systems without learning much about…
Rate cuts by year-end Fed: 57 bps (94% probability of no change at the upcoming meeting) BoE: 49 bps (80% probability of rate cut at the upcoming meeting) ECB: 7 bps (98% probability of no change at the upcoming meeting) SNB: 8 bps (92% probability of no change at the upcoming meeting) BoC: 8 bps (92% probability of no…
India FX Reserves, USD increased to $725.73B in February 9 from previous $717.06B
2026.02.20 2026.02.20 GBP/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 1.3338 with a target of 1.4050–1.4300. A buy signal: the price holds above 1.3338. Stop Loss: below 1.3338, Take Profit: 1.4050–1.4300. Alternative scenario: Breakout and consolidation below the level…
Geopolitical risk dominated market narratives on Thursday as escalating US-Iran tensions drove oil prices sharply higher and weighed on equity sentiment, though better-than-expected US labor market data and upbeat manufacturing figures provided some counterbalance to concerns about a potential Middle East conflict. Check out the forex news and economic updates you may have missed in the latest trading session!…
Prior 51.6 Manufacturing PMI 50.8 vs 50.0 expected Prior 49.5 Composite PMI 51.9 vs 51.5 expected Prior 51.3 The most notable thing here is the rebound in the manufacturing sector, with the reading there being a 44-month high. That is largely led by the recovery in Germany, which saw its industry return to expansion territory for the first time…
Danske Research Team notes that Japan’s January CPI fell to 1.5% year-on-year, with core CPI at 2.0%, the lowest core reading in two years. The analysts suggest that relatively low core inflation may affect Bank of Japan rate-hike timing, even as PMIs and fiscal policy signal strong demand. Soft inflation complicates BoJ normalization “In Japan, January’s inflationary data came…
2026.02.20 2026.02.20 US Dollar Surges On Middle East Tensions And Revised Fed Outlook. Forecast as of 20.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The tensions in the Middle East are boosting the US dollar. It is outperforming the yen and the euro as a safe-haven currency amid rising oil prices. This is not the only driver of the EUR/USD pair’s decline. Let’s discuss…
After dipping earlier this week, AUD/USD looks like it may be gearing up to extend its weeks-long uptrend. Can the pair attract enough buying pressure to push toward fresh monthly highs in the next trading sessions? Let’s take a closer look at the 4-hour time frame: AUD/USD 4-hour Forex Chart Faster with TradingView A hawkish labor market update and…
