For a while, the EV trade felt almost too easy. You had carmakers rolling out announcements about new battery plants, dropping hints about software revenue and self-driving, bumping up production targets — and investors just kept rewarding them for it. The whole sector ran on one simple assumption: electric vehicle demand would climb fast enough to make all that…
2026.05.22 2026.05.22 EUR/USD: Elliott Wave Analysis and Forecast for 22.05.26–29.05.26 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 1.1795 with a target of 1.1350–1.1115. A sell signal: the price holds below 1.1795. Stop Loss: above 1.1835, Take Profit: 1.1350–1.1115. Alternative scenario: Breakout and consolidation above the…
The USDCHF traded to the low for the week on Monday, testing both the May 15 low and the 100-day moving average, where dip buyers stepped in despite a brief break below the MA. That technical level once again proved to be a key barometer for traders. The high for the week came on Tuesday and Wednesday, with the…
DBS Group Research economists Radhika Rao and Chua Han Teng highlight that ASEAN-6 economies are experiencing asymmetric inflation outcomes despite a common energy shock. Indonesia and Malaysia show relatively contained inflation, while Thailand, Vietnam and Philippines face higher readings. Rising WPI/PPI point to pipeline pressures, with policymakers expected to stay alert and some central banks, including Indonesia, Philippines and…
2026.05.22 2026.05.22 Gold Adapts to a New Reality. Forecast as of 22.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Average inflation levels have risen significantly in recent years, leading to higher interest rates. Gold had previously resisted these headwinds, but the conflict in the Middle East has deprived it of key advantages. Let’s discuss this topic and outline a trading plan for XAU/USD. The…
As the week comes to a close, US stocks are giving back some of their earlier gains. The major indices remain higher on the day, with the Dow up 0.74%, the S&P up 0.46%, and the Nasdaq higher by 0.23%, but all are well off their session highs as traders react to the latest geopolitical headlines. The focus remains…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect USD/SGD to edge lower intraday toward 1.2760, though a sustained break is seen as unlikely, with major support at 1.2730 intact. On a 1–3 week horizon, UOB keeps a neutral stance, looking for range trading between 1.2730 and 1.2820. Over 1–3 months, the pair is viewed as…
2026.05.22 2026.05.22 USD/JPY: Elliott Wave Analysis and Forecast for 22.05.26–29.05.26 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 160.70 with a target of 152.10–145.50. A sell signal: the price holds below 160.70. Stop Loss: above 161.20, Take Profit: 152.10–145.50. Alternative scenario: Breakout and consolidation above the…
US-Iran peace talks whipsawed every major market this week, while a hawkish Fed, a new Fed Chair, and cratering consumer sentiment made sure no one stayed comfortable.
The week is ended with markets focused squarely on the growing tension surrounding Iran, as negotiations entered what officials described as a critical stage. Mediators including Pakistan, Qatar, and Saudi Arabia worked urgently to secure at least a temporary framework agreement aimed at preventing renewed U.S. and Israeli military action. The diplomatic effort is centered on extending the cease-fire…
