USD/CHF has formed lower highs and found support around the .7900 major psychological handle, creating a descending triangle on its 4-hour time frame. Is it due for a breakout soon? Better watch out for candlestick patterns at these inflection points! USD/CHF 4-hour Forex Chart by TradingView TACO trades aren’t exactly doing the U.S. dollar any favors these days, as…
The US dollar is coming under some broad pressure ahead of the weekend, particularly in USD/JPY. There could be fears of intervention in the thin liquidity at the open on Sunday or it could reflect the record highs in precious metals and increasing talk of de-dollarization. Another curious move today is the rally in oil markets, which might suggest…
Gold (XAU/USD) regains ground on Friday, extending its advance after coming under brief pressure earlier in the day. The metal surged to a fresh record high near $4,967 during the Asian trading session. At the time of writing, XAU/USD is hovering around $4,945, rebounding from an intraday low near $4,899, and remains on track for a third consecutive weekly…
2026.01.23 2026.01.23 Biggest Gold Mining Companies in the World: Top Largest Gold Producers Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ Gold maintains a prominent position in financial markets, particularly during periods of economic turbulence. However, as global financial markets have evolved, gold’s long-standing role has undergone significant changes. In 2024, a sustained upward trend began due to a loss of confidence in fiat currencies,…
Traders who want to be consistently profitable know the importance of tracking the rights and wrongs of the trades that they take. Unfortunately, the impact of the trades that they DON’T take is too often overlooked. Traders are no strangers to missing good trade opportunities. At one point or another we’ve encountered setups that we didn’t take even though…
Rate cuts by year-end Fed: 44 bps (97% probability of no change at the upcoming meeting) BoE: 38 bps (98% probability of no change at the upcoming meeting) ECB: 1 bps (100% probability of no change at the upcoming meeting) Rate hikes by year-end BoC: 13 bps (89% probability of no change at the upcoming meeting) BoJ: 52 bps…
Price responds to predefined levels after another failed attempt above 26036, keeping the broader structure intact. Nasdaq futures desk update Rebound From Lower Structure Reclaims Central Pivot as Daily Framework Holds. January 23, 2026. Context: Follow-up to January 14 desk report This update follows the January 14 desk report, where price failed to complete a rotation through the upper…
2026.01.23 2026.01.23 EUR/USD: Elliott Wave Analysis and Forecast for 23.01.26–30.01.26 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 1.1808 with a target of 1.1254–1.1040. A sell signal: the price holds below 1.1808. Stop Loss: above 1.1808, Take Profit: 1.1254–1.1040. Alternative scenario: Breakout and consolidation above the…
New Zealand’s consumer price inflation dipped from 1.0% to 0.6% on a quarterly basis in Q4 2025, bringing the annual rate to 3.1%. This surpassed both market expectations of a 0.5% quarter-on-quarter gain and the Reserve Bank of New Zealand’s forecasts, as elevated domestic price pressures continued to offset weaker international pricing. Key Takeaways Annual headline CPI rose 3.1%…
Prior 52.4 Manufacturing PMI 49.4 vs 49.1 expected Prior 48.8 Composite PMI 51.5 vs 51.8 expected Prior 51.5 The end of last year was filled with optimism on the recovery but the start of the year dealt a bit of a reality check. The contrast between France and Germany again is for all to see. The former is facing…
