The North American employment picture received a significant boost today as both the United States and Canada delivered much stronger-than-expected labor market reports, reinforcing the view that economic activity remains resilient despite concerns about slowing growth and elevated interest rates. In the United States, nonfarm payrolls increased by 172,000 in May, nearly double the consensus estimate of 85,000. Adding…

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Silver (XAG/USD) price tanks and challenges the 200-day Simple Moving Average (SMA) near $67.79 on Friday, as the white metal registers a daily loss of nearly 8% and is poised to end the week down by almost 10%, amid a stronger-than-expected US Nonfarm Payrolls report. XAG/USD Price Forecast: Technical outlook Silver has extended its losses this week, hitting a…

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2026.06.05 2026.06.05 WTI Crude Oil: Elliott Wave Analysis and Forecast for 05.06.26–12.06.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 95.15 with a target of 78.00–65.00. A sell signal: the price holds below 95.15. Stop Loss: above 97.00, Take Profit: 78.00–65.00. Alternative scenario: Breakout and consolidation…

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The NASDAQ is now down more than 1,000 points, or -3.84%, at 25,801, with the session low reaching 25,753.93. Selling pressure accelerated following reports that Microsoft may look to tap the equity markets to help fund its expanding AI infrastructure investments, a development that has weighed on both the stock and the broader technology sector. From a technical perspective,…

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Gold (XAU/USD) price collapses during the North American session on Friday as the latest Nonfarm Payrolls report in the US smashed forecasts, with figures for the last three months upwardly revised, increasing the chance of a Federal Reserve (Fed) rate hike. The XAU/USD pair trades at $4,336, down more than 3%. XAU sinks as NFP shock sends US Dollar…

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2026.06.05 2026.06.05 10 Best Gold-Backed Cryptocurrencies in 2026 Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ The tokenized gold market, also known as gold-backed cryptocurrency, has surpassed $5.6 billion, evolving from a niche experiment into a fully fledged asset class. At a time when inflation erodes the value of fiat currencies and Bitcoin’s price volatility concerns both institutional and retail investors, tokenized real-world assets (RWAs)…

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A good trading run can mess with your head, especially when pressure, ego, and fear start hijacking your next move.

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The USDCHF is breaking higher and gaining upside momentum as it pushes above a key resistance zone defined by the late-April and late-May swing highs between 0.7923 and 0.7926. The pair has also moved above the 61.8% retracement of the decline from the March 31 high to the May 8 low, which comes in at 0.79345. That combination of…

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Dell Technologies (NYSE: DELL) is a global leader in technology infrastructure, serving enterprises, governments, and consumers through its diversified portfolio of hardware, software, storage, networking, and cloud solutions. Founded by Michael Dell in 1984, the company has evolved from a personal computer manufacturer into one of the world’s leading providers of enterprise technology infrastructure, positioning itself at the center…

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2026.06.05 2026.06.05 XAU/USD: Elliott Wave Analysis and Forecast for 05.06.26–12.06.26 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 4,372.95 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,372.95. Stop Loss: below 4,300.00, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below 4,372.95 will allow the…

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