2026.04.24 2026.04.24 USD/JPY: 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 157.53 with a target of 162.00–165.00. A buy signal: the price holds above 157.53. Stop Loss: below 157.00, Take Profit: 162.00–165.00. Alternative scenario: Breakout and consolidation below 157.53 will allow the…

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Manufacturing is rebounding for the wrong reasons, services are slowing, and the dollar is the quiet winner in April’s PMI releases.

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Oil prices may be holding firmer in pushing higher this week but overall risk sentiment is keeping on edge as investors are still holding out hope that there will be some positive news to come. Considering that oil prices are up about 17% on the week, the S&P 500 is down only 0.3% and Nasdaq down by just 0.1%….

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United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann expect AUD/USD to remain in a consolidation phase after a brief dip to 0.7111 and close around 0.7130. Intraday, the pair is seen holding between 0.7110 and 0.7160, while over the next one to three weeks a slightly wider 0.7080–0.7180 band is expected to contain price action….

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2026.04.24 2026.04.24 Short-Term Analysis for Oil, Gold, and EURUSD for 24.04.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold has broken below the support A…

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French household sentiment worsened significantly in April with this being the lowest reading since May 2023. Of note, households’ opinion regarding their personal financial situation, both past and future, has clearly deteriorated. The index on the future financial situation fell to -20, marking its lowest estimate since March 2023. Inflation worries are evidently the biggest concern with opinion on…

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The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto gains near the weekly high around 99.00 in the Asian trade on Friday. The US Dollar (USD) reflects strength as oil prices remain elevated amid fears of a prolonged closure of the Strait of Hormuz, a critical passage to almost 20% of global…

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Before the Middle East conflict, this April meeting was meant to be one where the BOJ delivers on another rate hike after the outcome of the spring wage negotiations. Instead, the war has complicated things and raised uncertainty to the point where policymakers don’t feel comfortable in rushing a decision – for now at least. As oil prices stay…

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EUR/JPY inches higher after three days of gains, trading around 186.60 during Asian hours on Friday. The technical analysis of the daily chart indicates the currency cross is positioned slightly below the ascending channel, signaling potential for a bearish reversal. However, the EUR/JPY cross holds a constructive bullish bias as it remains above the 50-day Exponential Moving Average (EMA)…

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CAD/CHF recently busted through its descending trend channel, and it looks like bulls could use a retest to gather more energy for a reversal. Check out these inflection points!

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