2026.05.01 2026.05.01 USD/CAD: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26 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 1.3712 with a target of 1.3400–1.3065. A sell signal: the price holds below 1.3712. Stop Loss: above 1.3750, Take Profit: 1.3400–1.3065. Alternative scenario: Breakout and consolidation above the…

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Well this is worrisome: Not satisfied with Iran’s latest proposal Not sure we’re going to get a deal We’re negotiating by phone I just had a conversation with Iran We now have talks going on, they’re not getting there options: either blast them away or make a deal, when this war ends oil, gas and everything will come tumbling…

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2026.05.01 2026.05.01 USD/CHF: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26 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 0.7765 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7765. Stop Loss: below 0.7725, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.7765 will allow the…

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We have a fresh report from the WSJ on the latest Iran proposal, which Trump already said he’s not happy with. The market is taking it positively as it says Iran is “offering hints of compromise in a bid to revive talks.” That’s clouded because it says the sides remain far apart on Hormuz and the nuclear program. It…

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2026.05.01 2026.05.01 EUR/USD: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26 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 1.1650 with a target of 1.2088–1.2400. A buy signal: the price holds above 1.1650. Stop Loss: below 1.1610, Take Profit: 1.2088–1.2400. Alternative scenario: Breakout and consolidation below 1.1650 will allow the…

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Five central bank decisions. WTI breaking triple digits. The Fed’s most divided vote in over three decades. And a confirmed Bank of Japan intervention that erased Wednesday’s dollar rally in roughly the same time it took to build it. The week of April 27–May 1 delivered nearly every scenario condition the framework had modeled — and one it hadn’t. The framework’s WTI spike…

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On the day: S&P 500 +0.3% Nasdaq Comp +0.9% DJIA +0.3% Russell 2000 +0.5% Toronto TSX Comp -0.2% On the week: S&P 500 +0.9% Nasdaq Comp +1.1% DJIA +0.5% Russell 2000 +0.9% Toronto TSX Comp flat Here is a look at the heat map for the week: This article was written by Adam Button at investinglive.com.

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