2026.08.28 2026.08.28 Gold Faces a New Reality. Forecast as of 28.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Gold has emerged as the main beneficiary of the Treasury’s interventions in the debt market. It is less affected by the Treasury’s attempts to manipulate the market to bring down Treasury yields. Bonds and the US dollar are suffering. Let’s discuss this topic and make a…
AUDUSD corrects lower but keeps bullish bias. The 200 hour MA is eyed as a key barometer now !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The Solana (SOL) community on Friday approved a proposal to accelerate the reduction of SOL token issuance. Solana community passes double disinflation proposal with 67% support The measure, known as SGP-0002 or Double Disinflation, secured 67% support among participating stakes, narrowly clearing the two-thirds majority required for passage. Voting concluded on Friday with 176.26 million SOL in favor, while…
2026.08.28 2026.08.28 GBP/USD: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 1.3516 with a target of 1.3870–1.4140. A buy signal: the price holds above 1.3516. Stop Loss: below 1.3470, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below 1.3516 will allow the…
US stocks don’t like the rate hike tilt. Close lower on the day. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Commerzbank’s Charlie Lay reports that the Bank of Korea (BoK) delivered a second consecutive 25 bp hike to 3.0% and kept a tightening bias, supporting KRW after its sharp appreciation since June. The bank expects a near-term pause but sees scope for another hike to 3.25% if growth and core inflation stay firm, with USD/KRW likely consolidating in a…
2026.08.28 2026.08.28 WTI Crude Oil: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26 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 80.00 with a target of 105.17–115.50. A buy signal: the price holds above 80.00. Stop Loss: below 78.50, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below 80.00 will…
Markets drifted on trade friction and Iran headlines all week, then Fed Chair Warsh’s hawkish Jackson Hole debut sparked a Friday dollar surge that reshuffled the board.
Fed’s Warsh: Numbers on price stability are ‘more concerning’ Univ of Michigan final sentiment index for August 51.7 vs 51.0 estimate Fed’s Hammack: It’s time to act with rate hikes, waiting will create pain Canada GDP Q2 annualized 3.3% vs 3.4% estimate Fed’s Goolsbee: Agrees with Warsh that inflation is Fed’s main issue right now Non-farm payrolls benchmark revisions…
XRP treasury firm Evernorth Holdings has moved a step closer to becoming a publicly traded company after the US Securities and Exchange Commission (SEC) declared a registration statement tied to its proposed business combination with Armada Acquisition Corp. II effective. The approval allows Armada to move forward with a shareholder vote on the proposed merger. If completed, the combined…
