United States Baker Hughes US Oil Rig Count unchanged at 433
United States Baker Hughes US Oil Rig Count unchanged at 433
United States Baker Hughes US Oil Rig Count unchanged at 433
2026.06.18 2026.06.18 Short-Term Analysis for Oil, Gold, and EURUSD for 18.06.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro continued to weaken yesterday. The…
AUD/USD’s bigger uptrend is still alive, but sellers are testing 0.7000 as Fed strength and China weakness bite this week.
Sector Overview: Tech Drives the Market The technology sector, particularly semiconductors, leads the market today with impressive gains. Major players like Nvidia (NVDA) surged by 2.04%, and Micron Technology (MU) showed an outstanding rise of 7.15%. Semiconductor Equipment stocks also performed well, with KLA Corp (KLAC) up by 6.71% and Lam Research (LRCX) impressively adding 5.24%. This robust performance…
National Bank of Canada (NBC) discusses USD/CAD, noting recent moves and the bank’s expectations for the pair. The report highlights key support and resistance levels and outlines scenarios under which USD/CAD could break out of its current range. The analyst provides a directional bias over the coming sessions without adding new catalysts beyond those already mentioned. USD/CAD outlook with…
2026.06.18 2026.06.18 Pound Declines Amid Weakening UK Economy. Forecast as of 18.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The weakness of the British economy and the reluctance of inflation to pick up allow the Bank of England to feel comfortable with current interest rates. The divergence in monetary policy with the Fed is supporting the GBP/USD bears. Let’s analyze the situation and develop…
What’s the difference between a prediction versus a trading bias? A prediction is defined as a forecasting statement on how things will be in the future. Making a prediction means that you are expecting a certain outcome. In forex trading, saying that a currency pair will trade at a particular price at a specified point in time is an example of a prediction….
In the Fed preview yesterday, I mentioned that Warsh was going to be the noise, while the Board the signal. In fact, the only takeaway from the decision was the more hawkish dot plot as the statement didn’t contain anything and Fed Chair Warsh refrained from giving forward guidance. The median dot plot showed one rate hike this year…
The Bank of England (BoE) is on track to leave the benchmark Bank Rate unchanged at 3.75% for the fourth consecutive time on Thursday, as the US-Iran peace deal and the softer-than-expected consumer inflation figures seen earlier in the week have eased pressures to tighten its monetary policy. UK economy is giving worrying signs of weakening at the outset…
2026.06.18 2026.06.18 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.06.2026 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 Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is rising in the third part of a bullish correction. Long trades can be opened with a target…