GBP/USD: Elliott Wave Analysis and Forecast for 08.05.26–15.05.26

2026.05.08 2026.05.08 GBP/USD: Elliott Wave Analysis and Forecast for 08.05.26–15.05.26 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 1.3510 with a target of 1.4000–1.4300. A buy signal: the price holds above 1.3510. Stop Loss: below 1.3470, Take Profit: 1.4000–1.4300. Alternative scenario: Breakout and consolidation below 1.3510 will allow the…

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USD/JPY: Elliott Wave Analysis and Forecast for 08.05.26–15.05.26

2026.05.08 2026.05.08 USD/JPY: Elliott Wave Analysis and Forecast for 08.05.26–15.05.26 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 158.00 with a target of 152.10–145.50. A sell signal: the price holds below 158.00. Stop Loss: above 158.50, Take Profit: 152.10–145.50. Alternative scenario: Breakout and consolidation above the…

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United Kingdom CFTC GBP NC Net Positions down to £-63.9K from previous £-60.6K

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Swing Failure Pattern (SFP) in Trading: What It Is and How to Use It

2026.05.08 2026.05.08 Swing Failure Pattern (SFP) in Trading Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Modern trading requires a deep understanding of market mechanisms and the ability to recognize the hidden moves of major players. The Swing Failure Pattern (SFP) is considered one of the most powerful tools in technical analysis, helping traders identify potential reversal points in advance and enter the market with…

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AUDUSD bounces off support keeps the buyers in firm control

The AUDUSD fell sharply yesterday, breaking back below a key ceiling/floor zone between 0.7221 and 0.7227. That bearish break helped push the pair down toward the next swing area support between 0.7193 and 0.7200. In early Asian-Pacific trading, buyers leaned against that support zone for several hours, helping stabilize the price before the pair rotated back to the upside….

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