A Reuters poll revealed that the Bank of Mexico, also known as Banxico, is expected to keep interest rates steady at 7% at the March 26 meeting amid concerns about the Middle East war. If Banxico keeps rates unchanged, it would be the second consecutive time the central bank has opted for a wait-and-see approach, after reducing rates 12…
2026.03.20 2026.03.20 Gold Falls Again, but This Time It’s Fundamentals. Forecast as of 20.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Gold is falling again. However, while January’s drop was driven by a burst speculative bubble, this time, fundamentals are on the side of the XAU/USD bears. High interest rates are negative for gold. Let’s discuss it and make a trading plan. The article covers…
Here is the latest from Trump: We are getting very close to meeting our objectives as we consider winding down our great Military efforts in the Middle East with respect to the Terrorist Regime of Iran: (1) Completely degrading Iranian Missile Capability, Launchers, and everything else pertaining to them. (2) Destroying Iran’s Defense Industrial Base. (3) Eliminating their Navy…
Silver price (XAG/USD) retreats late in the North American session, down by over 6.80% in the day, poised to finish the week with losses of more than 15.70%, posting its second-largest weekly loss since the one that ended down 17.39% on January 30. At the time of writing, XAG/USD trades at $67.89. XAG/USD Price Forecast: Technical Outlook Although turned…
2026.03.20 2026.03.20 GBP/USD: Elliott Wave Analysis and Forecast for 20.03.26–27.03.26 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 1.3207 with a target of 1.3870–1.4300. A buy signal: the price holds above 1.3207. Stop Loss: below 1.3207, Take Profit: 1.3870–1.4300. Alternative scenario: Breakout and consolidation below 1.3207…
If you ever needed proof that forex trading is never just about one thing, this was the week. Between a war in the Middle East keeping oil markets on edge, six major central banks dropping policy decisions within days of each other, and a triple-witching Friday throwing a wrench into the mix — the currency market had a lot…
Markets: Gold down $143 to $4502 US 10-year yields up 10 bps to 4.39% Silver down 6.7% Bitcoin down 0.8% WTI crude oil up $2.60 to $98.09 S&P 500 down 1.7% I’m not sure if we’re at maximum fear yet but we are close. There was nowhere to hide on Friday as the market increasingly feared a weekend escalation,…
Gold (XAU/USD) price extended on Friday its losses for the eighth straight day, poised to end the week down by more than 8.50% as Oil prices continued to rally, boosting the haven appeal of the Greenback. The jump in US Treasury yields and market participants’ pricing in no rate cuts by the Federal Reserve (Fed) keep the yellow metal…
2026.03.20 2026.03.20 WTI Crude Oil: Elliott Wave Analysis and Forecast for 20.03.26–27.03.26 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 75.60 with a target of 126.00–150.00. A buy signal: the price holds above 75.60. Stop Loss: below 75.60, Take Profit: 126.00–150.00. Alternative scenario: Breakout and consolidation below 75.60 will…
This week delivered something rare in modern markets: six of the world’s biggest central banks announced their policy decisions within days of each other. The RBA on Tuesday, the Fed on Wednesday, then the Bank of Japan, European Central Bank, Bank of England, and Swiss National Bank all landed on Thursday. Five held rates. One hiked. But here’s what…
