2025.11.07 2025.11.07 GBP/USD: Elliott Wave Analysis and Forecast for 07.11.25 – 14.11.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 1.3280 with a target of 1.2936 – 1.2740. A sell signal: the price holds below 1.3280. Stop Loss: above 1.3280, Take Profit: 1.2936 –…
Crude oil futures are settling at $59.75 up $0.32 on the day. For the trading week, the price is down $-1.06 or -1.74%. Technically, the price high on Monday extended above the falling 200 bar moving average on the 4-hour chart but found willing sellers against the low of the swing area at $61.45. The upper swing area codes…
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974. Bullion gains 0.64% amid risk aversion and growing bets for a December Fed…
2025.11.07 2025.11.07 Silver Sends a Signal. Forecast as of 07.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ There have been three major spikes and subsequent declines in silver’s history, each tied to a surge in demand followed by its exhaustion. What could the latest XAG/USD plunge in autumn be signaling? Let’s discuss it and make a trading plan. The article covers the following subjects:…
Next week, the data will be highlighted by UK (Tuesday at 2 PM ET) and Australian jobs reports (Wednesday at 7:30 PM ET/Thursday in Australia. UK GDP will be released on Thursday (at 2 AM ET). If it were a normal week, US CPI would’ve been released along with, retail sales, unemployment claims and PPI data. However the US…
US stock markets were in flux on Friday as the NASDAQ Composite (IXIC) saw its third greater than 1% drop this week. With 90 minutes to go before the session closes, the S&P 500 (SPX) has declined 2.6% this week so far, while the IXIC fell a heavier 4.2%. Much of the weakness has been felt in tech stocks,…
2025.11.07 2025.11.07 USD/JPY: Elliott Wave Analysis and Forecast for 07.11.25 – 14.11.25 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 151.50 with a target of 156.50 – 158.85. A buy signal: the price holds above 151.50. Stop Loss: below 151.50, Take Profit: 156.50 – 158.85. Alternative…
You know that feeling you get when you read something that was clearly written by AI? It’s happening more and more and it pains me to see real human communication usurped, even if it means fewer typos. It’s obviously where we are headed and untold billions will continue to be made but it’s haphazard, inauthentic and often confidently wrong….
EUR/USD trimmed some of its previous losses and rises 0.16% on Friday’s late in the North American session, amid a scarce economic docket in both sides of the Atlantic. The US government shutdown extension to its 38th day and the light docket in Europe, keeps the pair trading within familiar levels around 1.1560. Euro gains modestly as traders shun…
2025.11.07 2025.11.07 WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.11.25 – 14.11.25 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 61.27 with a target of 53.50 – 45.00. A sell signal: the price holds below 61.27. Stop Loss: above 61.27, Take Profit: 53.50 –…
