The German DAX has been bouncing around for months but shook off some selling at the start of the week to post a solid gain. It was indicative of the continent, which finished Friday solid to cap an ok week. There was better strength in southern Europe, just like there has been all year. The UK also benefitted from…
By using the Elliott Wave (EW) Principle, we expected in our previous update from December 5, see here, for the SP500 (SPX) that “…we anticipate a slight pullback in the gray 4th wave to around 6785-6825 before the next upward move (gray W-v) begins. The latter could then ideally reach 6930-7010. …. The short-term warning levels for the Bulls…
2025.12.19 2025.12.19 The Krona Is the Best Currency on Forex. Forecast as of 19.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ For a long time, Sweden’s economy stagnated. However, large-scale fiscal and monetary stimulus, along with increased EU defense spending, helped revive it. As a result, the krona is set to become the best-performing G10 currency. Let’s discuss it and make a trading plan…
U.S. headline CPI eased from 3.0% to 2.7% year-on-year in November versus expectations of an uptick to 3.1%. However, analysts took the numbers with a grain of salt since the Bureau of Labor Statistics (BLS) did not collect any data from October due to the government shutdown. Key Takeaways Headline CPI rose 2.7% year-over-year in November, down from 3.0%…
It was a week in two parts as heavy selling hit markets to start the week as the post-FOMC slump continued. That turned around yesterday in part due to strong revenues from Micron and the bounce continued today. A lower US CPI also helped even if it was likely skewed by data collections problems due to the government shutdown….
Gold (XA/USD) surges during the North American session on Friday, up 0.30% despite rising US Treasury bond yields and of the US Dollar, which is poised to finish the week with modest gains of 0.25%. At the time of writing, XAU/USD trades at $4,344 after bouncing off daily lows of $4,309. Bullion advances late Friday despite rising US yields,…
2025.12.19 2025.12.19 GBP/USD: Elliott Wave Analysis and Forecast for 19.12.25 – 26.12.25 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 1.3306 with a target of 1.3783 – 1.4050. A buy signal: the price holds above 1.3306. Stop Loss: below 1.3306, Take Profit: 1.3783 – 1.4050. Alternative…
Holiday-thinned liquidity did not stop FX drama, as traders juggled softer inflation, central bank twists, and fresh geopolitical tension, leaving the dollar modestly firmer while yen badly lagged.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Silver (XAG/USD) price rallies to a new all-time high of $67.46 even though US Treasury yields and the US Dollar remain firm on Friday, amid the lack of catalysts, except for the US Consumer Sentiment poll made by the University of Michigan, which showed that US households are trimming spending on durable goods, and are worried about the jobs…
