2025.01.31 2025.01.31 GBP/USD: Elliott Wave Analysis and Forecast for 31.01.25 – 07.02.25 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 1.2153 with a target of 1.2764 – 1.2923. A buy signal: the price holds above 1.2153. Stop Loss: below 1.2100, Take Profit: 1.2764 – 1.2923. Alternative…

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This week, central banks’ policy shifts, Trump’s tariff threats, and an AI-driven selloff shaped market sentiment, while gold made fresh highs and Bitcoin held strong above $100K.

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It’s never a dull moment with Trump. Nothing can be done by China, Mexico and Canada right now to forestall tariffs We have big deficits and tariffs are something we’re doing We may increase tariffs Canada has treated the US very unfairly Not looking for concessions Will put tariffs on chips, oil and gas Oil and gas tariffs by…

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The US Dollar holds ground above 108.00 as traders await weekend tariff announcements. Trump threatens 100% tariffs on BRICS nations if they challenge the US Dollar in global trade. US PCE inflation data shows steady price pressure, reinforcing the Fed’s cautious stance. The US Dollar Index hovers near 108.50, marking a fresh weekly high. The US Dollar Index (DXY),…

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2025.01.31 2025.01.31 USD/JPY: Elliott Wave Analysis and Forecast for 31.01.25 – 07.02.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 156.81 with a target of 148.50 – 138.65. A sell signal: the level of 156.81 is broken to the downside. Stop Loss: above 157.30, Take Profit:…

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It was a busy trading week filled with a bunch of major central bank decisions and top-tier inflation data that influenced policy expectations. Read on to find out which headlines pushed major currencies around.

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Markets: Gold up $3 to $2796 US 10-year yields up 7 bps to 4.58% WTI crude oil down 27-cents to $72.46 S&P 500 down 30 points to 6039 USD leads, JPY lags January comes to an end and it was certainly a dramatic one, which is no surprise given the new President. The PCE report was a good one…

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United States (US) Press Secretary Karoline Leavitt dashed investor hopes for a delay in tariffs on Friday, announcing from the White House’s press podium that President Donald Trump’s wide tariffs of 25% on Canada and Mexico, as well as 10% on China, would be taking effect on February 1. The announcement shattered earlier reports that the Trump administration would…

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2025.01.31 2025.01.31 WTI Crude Oil: Elliott Wave Analysis and Forecast for 31.01.25 – 07.02.25 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 67.08 with a target of 85.00 – 94.97. A buy signal: the price holds above 67.08. Stop Loss: below 66.50, Take Profit: 85.00 –…

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If the latest Reuters report is to be believed, Trump’s ‘promise’ yesterday to enact immediate tariffs on Saturday was a bluff. However if the White House is to be believed, the tariffs will be announced on Saturday. The Reuters report still says Trump will announce tariffs but that they won’t begin until March 1 and there will be a…

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