In the earlier post and video on the USDCHF, I spoke to the battle going on between the double tops a 0.8012 and the swing area between 0.79778 and 0.7989. The price did hold support near the high of the swing area – keeping the buyers in control. In the prior post, I wrote: A break above 0.8012 would…
GBP/USD edges up as weak US jobs data offsets risk aversion The Pound Sterling (GBP) registers modest gains on Tuesday after Iran’s IRGC threatened to attack US companies as of April 1, turning the market mood sour, while the US Dollar (USD) trimmed some of its earlier losses. Nevertheless, the move was short-lived as GBP/USD trades at 1.3190, up…
2026.03.31 2026.03.31 Three White Soldiers Candlestick Chart Pattern in Trading: Examples Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/ Candlestick charts are key tools in technical analysis, giving traders a visual representation of price behavior. Of all the continuation patterns, the Three White Soldiers is especially clear and easy to spot. This pattern, made up of three bullish candlesticks, is a strong signal that the…
WTI crude oil recently busted out of its triangle consolidation pattern, but buyers could be waiting for a pullback to hop in at better levels. Check out these inflection points on the 4-hour time frame! WTI Crude Oil (USOIL) 4-hour Chart Faster with TradingView WTI crude oil was recently stuck in a holding pattern after the US-Iran war broke…
Sector Overview: Tech Takes the Lead The stock market is buzzing with activity today, driven by a strong performance in the technology sector. Standout performers include Microsoft (MSFT) at +1.76% and Nvidia (NVDA) soaring by an impressive 3.49%. The semiconductor industry, with AVGO at +3.35% and Intel (INTC) at +3.39%, is particularly vibrant, capturing investor interest with solid gains….
Gold edges higher following Monday’s choppy action and trades in positive territory above $4,500 on Tuesday as the risk mood improves on reports claiming that US President Trump is willing to wind down the military campaign against Iran, even if the Strait of Hormuz remains largely closed. However, growing expectations for a hawkish shift in the Fed’s policy outlook…
2026.03.31 2026.03.31 Sliding Yen Nears Intervention Zone. Forecast as of 31.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Japan is ready to combat speculators in the foreign exchange and oil markets. Tokyo’s persistent verbal interventions are curbing bullish sentiment in the USD/JPY pair. Let’s discuss this topic and make a trading plan. The article covers the following subjects: Major Takeaways Japan’s verbal interventions remain…
After sliding from its .7200 highs, AUD/USD is now closing in on a key support zone. Does the pair find its footing here and bounce from this major area of interest? Or do the bears stay in control long enough to push through a couple more support levels? AUD/USD Daily Forex Chart Faster with TradingView The U.S. dollar has…
Goldman Sachs is noting that even if the US-Iran conflict were to end soon, there will be lasting impact from the surge in energy prices on markets. And that is something that perhaps currency traders have not quite fully grasped just yet. For some context, the firm is arguing that the latest jump in energy prices will not be…
Nordea’s Chief Analyst Anders Svendsen and Chief Economist Tuuli Koivu note Euro area inflation rose to 2.5% year-on-year in March and is expected to approach 3% in coming months. With energy contributing more and inflation expectations rising, they argue the case for European Central Bank (ECB) rate hikes is strengthening, especially if Oil, gas and electricity prices continue climbing….
