2026.04.10 2026.04.10 GBP/USD: Elliott Wave Analysis and Forecast for 10.04.26–17.04.26 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 the level of 1.3165 with a target of 1.3870–1.4300. A buy signal: the price holds above 1.3165. Stop Loss: below 1.3125, Take Profit: 1.3870–1.4300. Alternative scenario: Breakout and consolidation below 1.3165…

Read more

The latest U.S. core PCE report revealed elevated inflationary pressures even before the US-Iran war sparked a surge in energy costs. But why did the dollar react the way it did?

Read more

The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound of the range, so…

Read more

ING’s Francesco Pesole notes that the US Dollar Index remains just below 99.0, with further downside seen if a permanent Middle East peace deal is agreed and Strait of Hormuz flows resume. He argues today’s US CPI data are unlikely to change Federal Reserve pricing unless inflation surprises on the upside, and that higher inflation headlines raise the hurdle…

Read more

2026.04.10 2026.04.10 Euro Walks into a Trap. Forecast as of 10.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Greed often backfires. Chasing profits, investors rushed into EUR/USD on hopes of peace in the Middle East. However, the decline in oil prices is misleading, and the ECB is unlikely to raise rates. Let’s discuss this topic and make a trading plan. The article covers the…

Read more

With the two-week US-Iran ceasefire under strain, crude oil sits at a technical crossroads as traders are holding out for further developments to gauge if a brief dip or a longer-term pullback is due.

Read more

Australia seeks fuel security in Singapore as Hormuz disruption hits supply Japan wholesale inflation jumps as BOJ flags stagflation risk from oil shock Japan to release more oil reserves, shift supply away from Hormuz routes China inflation turns but signals “bad inflation” as energy costs rise and demand lags BoJ flags stagflation risk if Middle East shock deepens, but…

Read more

The USD/JPY pair gathers strength to around 159.15 during the Asian trading hours on Friday. Ongoing concerns regarding the Strait of Hormuz and the Middle East continue to lift the US Dollar (USD) against the Japanese Yen (JPY). Traders will keep an eye on the US March Consumer Price Index (CPI) inflation report, which is due later on Friday.  US President…

Read more

EUR/USD recently fell through an ascending trend line on its daily time frame, but its potential reversal is still waiting to gain traction.

Read more

Summary: BoJ’s Himino says Japan not currently in stagflation Warns prolonged Middle East conflict could create stagflation-like conditions Highlights policy dilemma: weaker growth vs rising inflation BoJ to assess scale and duration of shock before adjusting policy Reaffirms data-dependent approach at each meeting Signals flexibility, but no shift away from inflation target Bank of Japan Deputy Governor Ryozo Himino…

Read more