Pound Sterling trades flat against US Dollar ahead of US ISM Manufacturing PMI The Pound Sterling (GBP) flattens around 1.3230 against the US Dollar (USD), weakens against other currency pairs, during the European trading session on Monday. The GBP/USD pair consolidates while the US Dollar falls further amid firm expectations that the Federal Reserve (Fed) will cut interest rates…
2025.12.01 2025.12.01 Yen Soars As Ueda Signals Solid Rate-Hike Possibility. Forecast as of 01.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Kazuo Ueda’s hawkish rhetoric was enough to reverse a bullish trend in the USD/JPY pair. The resumption of overnight rate hikes amid the Fed’s continued monetary expansion cycle boosted the Japanese yen. Let’s discuss this topic and make a trading plan. The article…
Check out this double top pattern on the 4-hour chart of USD/CAD! Is the pair breaking below the neckline already or are we about to see another bounce from here? Here are the inflection points to watch: USD/CAD 4-hour Forex Chart by TradingView Dollar weakness on dovish Fed expectations and speculations of Kevin Hassett’s appointment as next Fed Chair…
Fundamental Overview The USD has been weakening across the board ever since Fed’s Williams endorsed a December rate cut. The greenback then extended the losses further last week following soft ADP data and a Bloomberg report saying that Hassett emerged as the frontrunner for the Fed Chair position. The probability for a December cut is now at 92%, which…
The US Dollar’s rebound from monthly lows below 1.3940 on Friday has stalled below the 1.4000 psychological level on Monday. The pair is hovering above 1.3980 at the time of writing, but the higher Oil prices and market expectations of immediate Fed rate cuts are keeping upside attempts limited for now. Oil prices, Canada’s main export, are trading higher…
2025.12.01 2025.12.01 Short-Term Analysis for Oil, Gold, and EURUSD for 01.12.2025 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. Oil extends its short-term uptrend. The article…
After the dollar got absolutely demolished while most of us were in food comas, we’re heading into December with some serious momentum shifts.
There is arguably just one to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1600 level. The large expiries there could act as a bit more of a price magnet in locking price action before rolling off later in the day. In other words, it could keep price movements holding…
The EUR/JPY cross attracts some sellers near 180.45 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) due to the latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda. The HCOB Manufacturing Purchasing Managers Index (PMI) from the Eurozone, Germany, and France will be released later on Monday. BoJ Governor Kazuo Ueda…
EUR/NZD is testing a make-or-break level for its six-month uptrend! Will we see a downside breakout in the next trading sessions? Or will the bulls step in to defend the level for another time? EUR/NZD Daily Forex Chart by TradingView The euro has been making pips rain on the New Zealand dollar for most of the back half of…
