Brent is back near $80 and West Texas Intermediate near $77, which means the Oil market has handed back almost the entire premium it built over nearly four months of open war with Iran. The tape is treating this week’s US-Iran memorandum as a finished peace: Blockade lifted, Strait of Hormuz reopening, Iranian barrels cleared to sell, equities at…
2026.06.19 2026.06.19 Warsh Deals Gold a Surprise Blow. Forecast as of 19.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The direction of gold prices depends heavily on the US dollar and Treasury yields. In turn, both are shaped by the Fed’s interest rate decisions and inflation. Where are consumer prices headed? How quickly will they decline? And how will the XAU/USD pair respond? Let’s examine these factors…
A peaceful start gave way to a hawkish Fed surprise midweek, sending the dollar surging while gold, stocks, and crypto tumbled across a packed trading week.
Markets: Gold down $49 to $4160 WTI crude oil up 94-cents to $77.54 US markets closed S&P 500 futures down 0.2% JPY leads, CAD lags The US was on holiday on Friday and that limited market moves to wrap up the week. There was news though as Israel and Hezbollah agreed to a ceasefire. The market took at that…
The USD/CAD pair rises during the North American session, up 0.27% on Friday and over 1.34% for the week, with the pair remaining upward-biased and set to test higher prices seen last year. At the time of writing, the pair trades at 1.4175, after bouncing off daily lows of 1.4131. USD/CAD Price Forecast: Technical outlook Price action shows a…
2026.06.19 2026.06.19 XAU/USD: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26 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 4,030.85 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,030.85. Stop Loss: below 3,960.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,030.85 will allow the…
EUR/GBP is still consolidating on its long-term time frame, as it bounced off the triangle bottom and is now setting its sights on the top. Will sellers return soon? Or will euro bulls keep charging enough to break higher? EUR/GBP Daily Forex Chart Faster with TradingView The European Central Bank (ECB) hiked interest rates last week, and officials are…
The party can’t last forever. Friday’s rally in stock markets — particularly in chip stocks — surprised me. The Fed was hawkish and stock market sold off during the FOMC press conference as bonds priced in a more-hawkish rate path. That all made perfect sense but then stocks immediately turned after the close and hit records on a few…
The Pound Sterling recovers some ground after reaching a three-month low on Friday at 1.3163, sponsored by the Fed’s hawkish tilt, but edges up 0.18% amid thin trading conditions due to a holiday in the US. The GBP/USD trades at 1.3226, yet it is poised to end with weekly losses of 1.25%. GBP/USD trims losses as traders weigh Fed,…
2026.06.19 2026.06.19 How to Buy SpaceX Stock (SPCX) Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ SpaceX is no longer just Elon Musk‘s ambitious space project. It has become a leading force in the aerospace industry, driving down launch costs and opening new possibilities for commercial and government space missions. After years of anticipation, the company finally went public in one of the most talked-about…
