The week ahead is stacked with global central bank decisions and top-tier inflation and growth data, making it one of the most important macro weeks of the month. The Bank of Japan kicks things off, but the focus quickly shifts to a midweek cluster of Bank of Canada and FOMC decisions, followed by a “super Thursday” featuring the BOE…
OCBC strategists Sim Moh Siong and Christopher Wong describe a technical rebound in USD/TWD driven by broader US Dollar (USD) strength and risk aversion linked to the US‑Iran ceasefire stalemate. While near-term upside risks persist, they still prefer fading rallies, citing strong foreign inflows into Taiwanese equities, high correlation with the tech cycle, and robust AI-led export momentum as…
2026.04.24 2026.04.24 EUR/USD: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 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 1.1445 with a target of 1.2088–1.2400. A buy signal: the price holds above 1.1445. Stop Loss: below 1.1405, Take Profit: 1.2088–1.2400. Alternative scenario: Breakout and consolidation below 1.1445 will allow the…
There’s a noticeable amount of positioning and repositioning ahead of the weekend, with headlines offering a mixed and at times conflicting picture. The market is reacting to uncertainty around potential diplomatic developments with a tilt toward confidence, but clarity and certainty remains limited for now. A trilateral meeting with the US, Iran, and Pakistan will only be considered after…
Commerzbank highlights that BSP raised its policy rate by 25bp to 4.50%, signalling the start of a new tightening cycle to anchor inflation expectations. Despite a hawkish tone and higher inflation forecasts, the Peso underperforming regional peers since the Iran war as the Philippines remains highly exposed to Middle East energy prices. Rate hike fails to lift weak currency…
2026.04.24 2026.04.24 GBP/USD: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 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 the level of 1.3165 with a target of 1.3870–1.4300. A buy signal: the price holds above 1.3165. Stop Loss: below 1.3125, Take Profit: 1.3870–1.4300. Alternative scenario: Breakout and consolidation below 1.3165…
The week cycled through three scenario states before settling — and the framework’s two-tier WTI regime, DXY-first gold lens, and 7,049 equity floor all held.
The major US stock indices are closing mixed with the Dow industrial average lower while the broader S&P and NASDAQ indices are closing higher, and at record levels. A snapshot of the closing levels shows: Dow industrial average -79.61 points or -0.16% at 49230.71 S&P +56.68 points or 0.80% at 7165.08 NASDAQ index up 398.09 points or 1.63% at…
OCBC strategists Sim Moh Siong and Christopher Wong flag slight upside risks for USD/SGD as the Hormuz standoff weighs on risk appetite and imported cost pressures. While Singapore Dollar (SGD) remains a regional defensive currency, they note fading bearish momentum and rising RSI on USD/SGD, alongside expectations that Singapore inflation will accelerate toward 2% as energy-related costs from the…
2026.04.24 2026.04.24 WTI Crude Oil: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 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 79.20 with a target of 115.70–126.00. A buy signal: the price holds above 79.20. Stop Loss: below 77.50, Take Profit: 115.70–126.00. Alternative scenario: Breakout and consolidation below 79.20 will…
