Gold price attracts some buyers to around $4,070, snapping the three-day losing streak during the early Asian session on Wednesday. The precious metal rises amid the risk-off sentiment as traders brace for the long-awaited return of US economic data. The FOMC Minutes will be the highlights later on Wednesday, ahead of the US September Nonfarm Payrolls report.
2025.11.18 2025.11.18 US Dollar Appreciates Ahead of Crucial NFP Data. Forecast as of 18.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Will the EUR/USD pair soar to 1.23 and then fall to 1.16, or will it steadily rise to 1.25 and higher? At the same time, it may well plummet below 1.1. Market participants have differing views on this matter. Let’s discuss this topic and…
Markets traded in choppy fashion on Tuesday as traders navigated escalating China-Japan tensions, mixed central bank commentary, and disappointing Canadian housing data, with the U.S. dollar ending essentially flat against major currencies while commodities and Bitcoin recovered from early-session weakness. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News…
The major stock indices are closing lower on the day after stalling during a midday rally. Each of the 3 major indices stayed in in negative territory for the entire day. A snapshot of the closing levels shows: Dow industrial average -498.50 points or -1.07% at 46091.74. At session highs, the index was still down -207.32 points S&P index…
The Dow Jones Industrial Average faced renewed downside pressure on Tuesday, tumbling 680 points from the previous day’s close at its lowest before finding a half-hearted technical floor near 46,255. The major equity index has pushed into a fourth consecutive bearish day as investors face headwinds on multiple fronts. Limited US jobs data does little to help the mood…
2025.11.18 2025.11.18 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.11.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: the price is expected to rise soon in the first part of wave , which may develop as an…
If you’ve been watching Sterling wobble over the past few weeks, you’re not alone. The British pound is having trouble sustaining any bullish demand as traders wait nervously for one thing: The “Wicked: For Good” movie release. Just kidding. I’m talking about Chancellor Rachel Reeves’s Autumn Budget on November 26! This isn’t just another routine fiscal announcement. With the UK…
Google is now winning the AI war. There has been something of a hype campaign around the release of Gemini 3 but people were skeptical. We have seen this before from OpenAI where they constantly hint that a new model is revolutionary and then release it and it’s not. So when Google was doing the same thing, AI watchers…
EUR/USD returns to levels above 1.1600 at the time of writing, after bouncing from weekly lows right below 1.1580, and turns positive on daily charts. The pair has drawn some support from downbeat US employment data, but traders remain reluctant about placing large US Dollar (USD) shorts, ahead of a backlog of US economic reports due later this week….
2025.11.18 2025.11.18 Gold Edges Lower Amid Fading Fed Rate Cut Hopes. Forecast as of 18.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Rumors about a Fed pause in December have triggered a pullback in the S&P 500 index. As a rule, investors often sell gold to meet margin requirements on stocks. Let’s discuss this topic and make a trading plan for the XAU/USD. The…
