Here is what you need to know on Friday, February 20: The number of United States (US) citizens submitting new unemployment insurance applications decreased to 206K, much lower than initial estimates of 225K, and down from the previous week’s revised 229K, according to the US Department of Labor. Focus now turns to US data released on Friday, including the…
2026.02.19 2026.02.19 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.02.2026 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 the Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The final part of impulse (A) is likely developing. The price may decline to 60,622.63. Consider short positions. XRPUSD:…
The retail giant’s Q4 results offer a window into consumer spending—and some surprising insights about who’s shopping where If you want to know how the American consumer is really doing, forget the economic reports for a moment. Just watch Walmart. On Thursday morning, the world’s largest retailer reported its fourth-quarter earnings, and the numbers tell a fascinating story about…
Canadian Tire reported Q4 numbers today and the read-through on the Canadian consumer is clear: they’re still spending and there are no indications of weakness. Comp sales came in at +4.2% across all banners, with SportChek ripping at +9.5% and Mark’s up 7.2%. Normalized EPS jumped 38% to $4.47. What’s interesting from the call this morning is what CEO…
Commerzbank’s Tatha Ghose argues that recent fragmentation in Poland’s ruling coalition reinforces domestic political risk as a key drag on the Zloty. Despite assurances from Prime Minister Tusk about government stability and a “stable zloty,” the currency has underperformed peers. Ghose expects political risk to persist through elections in November 2027. Fragmented coalition weighs on Zloty “This incident reinforces…
2026.02.19 2026.02.19 Deep Crab Harmonic Pattern for Reversal Setups Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ In technical analysis, new tools and approaches regularly emerge to help traders better understand price movements in financial markets. The Deep Crab harmonic pattern is one such tool. It is a harmonic pattern based on Fibonacci levels. It helps identify potential price reversal points and find suitable entry…
NZD/USD is flashing a classic trend signal that many traders associate with a transition from recovery to a more sustained uptrend. With price holding above 0.5900, attention often shifts to whether momentum can stay constructive after the initial crossover event. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator…
Prior was -2.59 Exports 65.63B vs 63.95B prior Imports 66.93B vs 66.53B prior In December, Canada’s merchandise exports increased 2.6%, while imports were up 0.6%. That led to a halving of Canada’s trade deficit in the month. StatsCAn noted that the 1.3 cent increase in the loonie in December was the largest in 11 months and that led to…
The Pound Sterling (GBP) extends its losing streak against the US Dollar (USD) for the fourth trading day on Thursday. The GBP/USD pair posts a fresh almost four-week low at around 1.3470 during European trading hours after Bank of England (BoE) Monetary Policy Committee (MPC) member Catherine Mann praised soft United Kingdom (UK) Consumer Price Index (CPI) data for…
2026.02.19 2026.02.19 Pound Plummets As Weak Jobs Data Sparks Rate Cut Speculation. Forecast as of 19.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Following the cooling of the UK economy and labor market, there was news of a slowdown in inflation. The Bank of England’s interest rates are now expected to fall sooner rather than later. However, this is not the only challenge for…
