GBP/USD is knocking on a key range resistance area. Will Cable turn lower as it did on previous retests, or are we finally looking at a potential breakout in the next couple of days? Let’s zoom in on the 4-hour time frame: GBP/USD 4-hour Forex Chart Faster with TradingView The U.K. CPI is due this week, and traders may…
Prior 50.9 Services PMI 51.2 vs 52.5 expected Prior 53.5 Composite PMI 51.9 vs 52.0 expected Prior 53.2 I would ignore the headline figures as they don’t reflect the real picture. The commentary is clearly pointing to stagflationary pressures from the US-Iran war and the longer it persists, the worse the negative impact on the economy will be. Key…
Executive summary Trend Bias: Down as the Dow Jones Industrial Average (DJI) may have finalized its first bearish leg lower. Key Level: ~50,499 (start of the bearish wave). A break below 45,369 may usher in another 10% decline to 42k . Previously, on February 24, we warned that a break below 48,731 opens the door of a decline to…
2026.03.24 2026.03.24 US Dollar Retreats On Trump’s Latest TACO Move. Forecast as of 24.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ No matter how encouraging the headlines may sound, optimism surrounding US–Iran talks should be treated with caution. Rumors of negotiations have boosted risk appetite and pushed the US dollar lower. Yet, the credibility of these reports remains highly questionable. Let’s discuss this topic…
Interest rate hike expectations are running pretty high for the RBA, so a hotter inflation print could seal the deal for May. Our Event Guide for Australia’s CPI notes that underlying metrics like services inflation could already reflect sticky price pressures, even before energy costs surged during the US-Iran war. Here’s what I’m watching on AUD/CHF and AUD/CAD if…
A bit of an update, with Kpler’s intel source Amena Bakr reporting on the matter. She says that “a number of LPG vessels crossed the strait yesterday and headed towards India”. Adding that “the strait is not closed, but the passage of vessels is tightly controlled by Iran and vessels need to seek permission before passing”. I don’t believe…
AUD/JPY extends its losses for the second successive day, trading around 110.60 during the Asian hours on Tuesday. The currency cross weakens amid heightened risk aversion following a fresh wave of Israeli strikes on Tehran. Israel launched its latest attack on Iran despite US President Donald Trump signaling a pause in strikes on energy infrastructure after what he described…
Is the trend still our friend on AUD/JPY? The pair is sitting on a confluence of support levels visible on its 4-hour time frame. Check out these potential inflection points. AUD/JPY 4-hour Forex Chart Faster with TradingView This Aussie pair has been cruising higher since late January, forming higher lows connected by an ascending trend line that’s currently being…
Earlier: PBOC is expected to set the USD/CNY reference rate at 6.8840 – Reuters estimate PBOC inject 17.5bn yuan in 7-day reverse repo OMO at 1.4% (unchanged rate) This article was written by Eamonn Sheridan at investinglive.com.
San Francisco Federal Reserve Bank President Mary Daly said that unless the Iran conflict resolves quickly and the central bank can simply “look through” a temporary increase in oil prices, it is not clear what the next move on interest rates will need to be, Reuters reported on Monday. Key quotes There are at least two possible paths for…
