The Thai Baht (THB) is facing temporary weakness due to election-related uncertainties, softer gold prices, and a firmer USD. OCBC Group Research analysts Sim Moh Siong and Christopher Wong note potential scenarios for the upcoming elections and their implications for the THB, suggesting that a clear outcome could support the currency, while a contested result may pose challenges. Election…
2026.02.06 2026.02.06 EUR/USD: Elliott Wave Analysis and Forecast for 06.02.26–13.02.26 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 1.1575 with a target of 1.2400–1.2750. A buy signal: the price holds above 1.1575. Stop Loss: below 1.1575, Take Profit: 1.2400–1.2750. Alternative scenario: Breakout and consolidation below the level…
Two weeks ago the world was abuzz with precious metals bullish talk. Gold had rallied that week to $4982 from $4629 in the third straight week of gains. It was a near-euphoric time for the gold bulls, nearly hitting the once-dreamlike level of $5000. If you were to ask the bulls then, if they would be happy if in…
Colombia Consumer Price Index (MoM) in line with expectations (1.18%) in January
2026.02.06 2026.02.06 Silver Follows Smart Money. Forecast as of 06.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The silver bubble has finally burst. This was bound to happen sooner or later, as commodity markets are cyclical. Should we expect XAG/USD to return to its extremes, or will that take decades? Let’s discuss that and outline a trading plan. The article covers the following subjects:…
EUR/JPY has spent much of late January chopping sideways, frustrating both trend-followers and short-term traders as the price oscillated within a tightening range. That period of consolidation now appears to be giving way to renewed directional interest, with recent price action showing signs of stabilization and upward momentum. After a period of quiet, back-and-forth trading, the price has started…
China gold reserves at the end of January 2026: 74.19 million troy ounces In December 2025: 74.15 million troy ounces China gold reserves value at the end of January 2026: $369.58 billion In December 2025: $319.45 billion Amid the surging run higher in prices to start the year, the value of China’s gold reserves have jumped up significantly in…
Colombia Consumer Price Index (MoM) in line with forecasts (1.18%) in January
2026.02.06 2026.02.06 GBP/USD: Elliott Wave Analysis and Forecast for 06.02.26–13.02.26 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 1.3342 with a target of 1.4050–1.4300. A buy signal: the price holds above 1.3342. Stop Loss: below 1.3342, Take Profit: 1.4050–1.4300. Alternative scenario: Breakout and consolidation below the level…
Markets delivered a sharp risk-off session on Thursday as almost all major assets suffered steep decline alongside cryptocurrencies, while the U.S. dollar rebounded to finish as the best performing major asset and currency despite deteriorating labor market data showing job openings at their lowest level since 2020. Check out the forex news and economic updates you may have missed…
