The NFIB Small Business Optimism Index fell 0.6 points in May to 95.3, remaining below its 52-year average of 98.0. The Uncertainty Index rose 3 points from April to 91, remaining well above its historical average of 68. As reported in NFIB’s monthly Jobs Report, the NFIB Small Business Employment Index remained essentially flat, registering 100.3 in May. The…
The Indian Rupee (INR) recovers against the US Dollar (USD) at open on Tuesday after a sharp decline the previous day. The USD/INR pair drops to near 95.35 as oil prices extend their decline, following comments from United States (US) President Donald Trump that a deal with Iran could be finalized in two or three days. As of writing,…
2026.06.09 2026.06.09 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.06.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: A small upward correction is forming. Consider long trades with a Take Profit at 64,800.00. XRPUSD: The second half of…
NZD/CAD is testing a key trend support as Kiwi stays firm and Loonie faces BOC decision risks later this week.
EUROPEAN SESSION In the European session, we don’t have anything on the agenda, so the price action will likely remain rangebound unless we get some catalyst from the US-Iran side. AMERICAN SESSION In the American session, we just get a couple of low tier releases like the US and Canadian trade balance or US existing home sales data that…
The US Dollar (USD) trades moderately lower against the Canadian Dollar (CAD) on Tuesday, pulling back from levels a few pips shy of the year-to-date peak, at 1.3966. The pair, however, maintains its bullish trend intact, fuelled by higher bets on Federal Reserve (Fed) tightening and safe-haven demand amid Middle East uncertainty Markets show a mild optimism after Iran…
After Friday’s NFP driven dollar surge, a cooler U.S. CPI print could put EUR/USD and XAU/USD back on traders’ anti-USD watchlists.
Ether futures current area: around $1666-$1668Prediction score: -3 / +10Primary bias right now: Bearish while Ether futures remain below $1686-$1691Key idea: Ether futures are trading in a lower balance after a bearish impulse. Sellers still have the advantage below the $1686-$1691 resistance zone, but price is now sitting near the middle of the short-term range, where fresh entries are…
The Australian Dollar (AUD) remains steady against its major currency peers, trading flat around 0.7050 during the Asian trading session on Tuesday. The Aussie pair consolidates even as the Chinese Trade Balance data for May has come in stronger than expected. Given that the Australian economy relies heavily on its exports to Beijing, the impact of the Chinese Trade…
Can another blowout U.S. report further stoke Fed tightening bets? Here’s what I’m looking at on USD/CHF and AUD/USD in this scenario.
