Forex traders navigated holiday volatility as Fed officials hinted at rate cuts, RBNZ surprised markets, & the USD weakened during a short trading week.

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The USD was mostly lower with the exception being the GBP (USD up a modest 0.05%). A snapshot of the changes of the USD vs the major currencies as US traders head home early for the weekend shows: EUR -0.04% GBP +0.05% JPY -0.10% CHF -0.19% CAD -0.36% AUD -0.21% NZD -0.10% The big mover was the USDCAD after…

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Silver (XAG/USD) climbs to a fresh all-time high on Friday, buoyed by dovish Federal Reserve expectations alongside strong industrial and investment demand. At the time of writing, XAG/USD is trading around $56.40, with prices up over 12% this week and on track to log a seventh straight monthly gain. A tightening supply backdrop is adding further support to the…

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2025.11.28 2025.11.28 XAU/USD: Elliott Wave Analysis and Forecast for 28.11.25 – 05.12.25 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 4,018.50 with a target of 4,600.00 – 4,800.00. A buy signal: the price holds above 4,018.50. Stop Loss: below 4,018.50, Take Profit: 4,600.00 – 4,800.00. Alternative…

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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…

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Canada’s Q3 GDP delivered a major upside surprise, lifting CAD and raising the bar for BoC easing. Markets now see USD/CAD capped near 1.41 with potential toward 1.38 by year-end, TDS’ analysts note. USD/CAD seen capped at 1.41, targeting 1.38 “Q3 GDP surprised sharply to the upside with a 2.6% q/q annualized gain, well above expectations for a muted…

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2025.11.28 2025.11.28 Island Reversal Pattern: How to Trade and Identify Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Spotting reversal candlestick patterns can bring considerable profits. One of the prominent patterns is the Island Reversal formation, which often marks a potential trend reversal and appears clearly on candlestick charts. It gives traders a chance to enter the market with lower risk and benefit from a…

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Taking a break from the markets during the holidays but hoping to keep your trading progress going? You can spend some time upping your trade psychology game with my roundup of favorite self-improvement books that can help build a solid trading mindset. Note that this list covers a more general scope of non-fiction books that might also be helpful…

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The USD ins mixed to start the NA session with the USD higher vs the EUR and GBP and lower vs the JPY. IN the video above, I will take a look at the 3 majors – the EURUSD, USDJPY and GBPUSD – from a technical perspective and outline the key levels traders should be watching today. As a…

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New Zealand Dollar (NZD) could rise above 0.5735; any further advance is unlikely to reach 0.5755. In the longer run, the price action suggests NZD is likely to advance further; the levels to watch are 0.5735 and 0.5755, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. NZD is likely to advance further 24-HOUR VIEW: “NZD surged…

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