2026.03.06 2026.03.06 GBP/USD: Elliott Wave Analysis and Forecast for 06.03.26–13.03.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 1.3000 with a target of 1.4050–1.4300. A buy signal: the price holds above 1.3000. Stop Loss: below 1.3000, Take Profit: 1.4050–1.4300. Alternative scenario: Breakout and consolidation below the level…

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China gold reserves at the end of February 2026: 74.22 million troy ounces In January 2026: 74.19 million troy ounces China gold reserves value at the end of February 2026: $387.59 billion In January 2026: $369.58 billion Is anyone really surprised? China has arguably the biggest buyer out there for a while now. And that also might be evident…

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2026.03.06 2026.03.06 USD/JPY: Elliott Wave Analysis and Forecast for 06.03.26–13.03.26 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 156.40 with a target of 160.00–162.00. A buy signal: the price holds above 156.40. Stop Loss: below 156.40, Take Profit: 160.00–162.00. Alternative scenario: Breakout and consolidation below the level of 156.40…

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The focus shifted to the US jobs report released at 8:30 AM from the barrage of news from the Middle East. February U.S. employment report showed a noticeable slowdown in hiring, with nonfarm payrolls falling by about 92,000, well below expectations for modest job growth. The unemployment rate edged up to 4.4% from 4.3%, pointing to some softening in…

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2026.03.06 2026.03.06 Understanding Stock Market Volatility Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Market volatility is a statistical measure reflecting how much prices fluctuate over a certain time frame. It shows how quickly and sharply prices deviate from their average value. The greater the amplitude of price swings, the higher the volatility. Although highly volatile assets are considered risky, they can offer opportunities for…

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Oil surged toward multi-year highs as the U.S.-Iran conflict paralyzed the Strait of Hormuz, making the Canadian dollar the week’s standout winner and the euro its biggest loser.

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EURUSD: GBPUSD: GBPUSD held support at an upward-sloping trendline on the hourly chart earlier today and then pushed higher, breaking above the 100-hour moving average and holding above it into the New York afternoon session. That move gives buyers something to build on in the near term. However, there is still work to be done to strengthen the bullish…

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