Gold (XAU/USD) trades on the front foot on Friday but struggles to extend its advance as the US Dollar (USD) and US Treasury yields show signs of stabilisation following Thursday’s sharp pullback. At the time of writing, XAU/USD trades around $4,182, up 1.20% on the day, after testing the $4,200 mark, its highest level in a week. The benchmark…
2026.10.09 2026.10.09 EUR/USD: Elliott Wave Analysis and Forecast for 09.10.26–16.10.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.1378 with a target of 1.1120–1.0895. A sell signal: the local correction ends and the price holds below 1.1378. Stop Loss: above 1.1425, Take Profit: 1.1120–1.0895. Alternative scenario:…
Oil whipsawed on Iran headlines, chipmakers sank after a report on OpenAI’s revenue, and Treasury yields reversed lower as the dollar slipped against six majors.
USD/JPY intervention risks back in focus as Bessent, Katayama head to Bangkok !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Markets The US Treasury curve bull flattened yesterday with yields ceding 1.2 bps (2-yr) to 7.1 bps (30-yr). The move at the (very) long end of the curve started in the build-up to the US trading session and lasted into the close. A first motive is technically-inspired with the US 10-yr yield and US 30-yr yield for example testing,…
2026.10.09 2026.10.09 Euro Stabilizes as ECB Verbal Intervention Counters French Debt Fears. Forecast as of 09.10.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Christine Lagarde’s verbal interventions, Donald Trump’s statement that he would not attack Iran before the primaries, and the subsequent decline in bond yields helped the EUR/USD pair regain some ground. Let’s examine these developments and outline a trading plan. The article covers the…
EUR/NZD’s climb seems to be stalling as the pair hits a long-term ceiling at its descending triangle resistance. Will bearish momentum pick up from here?
Chart of the day: Gold price rebounds as Treasury yields retreat but $4,200 remains a hurdle !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The NZD/USD pair gains traction to near 0.5615 during the early Asian trading hours on Friday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) amid easing Treasury bond yields. Traders weigh lingering inflation concerns and the outlook for Federal Reserve (Fed) interest rates. The Michigan Consumer Sentiment Index data for October will be released later on…
U.S. initial jobless claims fell by 2,000 to 197,000 in the week ending October 3, 2026, beating forecasts of 200,000.
