Bitcoin (BTC/USD) looks ready to test a key area of interest after seeing a mid-week downswing! Will the crypto pair find support from a previous resistance zone? Here’s what we’re seeing on the 4-hour time frame! Bitcoin (BTC/USD) 4-hour Chart by TradingView After a strong start to the week, bitcoin is seeing sharp pullbacks, possibly as traders lock in…
Prior 0.0%; revised to -0.1% House prices +0.3% vs +1.1% y/y expected Prior +0.7%; revised to +0.6% More to come.. This article was written by Justin Low at investinglive.com.
EUR/JPY remains subdued as the Japanese Yen (JPY) receives support from growing acceptance that the Bank of Japan (BoJ) will stick to its policy normalization path. The currency cross trades around 183.00 during the Asian hours on Thursday. BoJ Governor Kazuo Ueda said earlier this week that the BoJ will continue raising rates if economic and price developments move…
Canada’s December employment report drops Friday, and it’s expected to help clear up whether November’s surprisingly strong numbers had real staying power or were just a one-month blip. With the Bank of Canada meeting later this month, traders will be looking for clues on whether the labor market is holding up or starting to lose steam. Here…
Summary: China warns battery sector of rising overcapacity risks Industry ministry urges capacity optimisation and supervision EV and energy storage batteries under closer scrutiny Data-centre buildout has boosted demand but fuelled oversupply Solar sector cited as cautionary example China’s industry ministry has issued a fresh warning to battery manufacturers, urging firms to rein in capacity expansion and address rising…
USD/CAD continues its winning streak for the fifth consecutive day, trading around 1.3860 during the Asian hours on Thursday. The pair appreciates as the commodity-linked Canadian Dollar (CAD) faces challenges after US President Donald Trump signaled efforts to re-establish Venezuelan crude imports, raising concerns about added supply and heightened competition for Canadian Oil demand. However, Prime Minister Mark Carney…
2026.01.07 2026.01.07 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.01.2026 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: Wave (Z) may target the 80,770.57 level. Consider short positions. XRPUSD: The price is expected to decline in the…
Article Highlights USD/CAD rebounds from the mid 1.36s and pushes back into the upper 1.38s. The 5 period EMA crosses above the 20 period EMA, signaling improving short term momentum. Holding above both moving averages would strengthen the case for a developing short term uptrend. USD/CAD has just registered a fresh bullish crossover between its short‑term and intermediate EMAs,…
Summary: PBOC rolls CNY 1.1tn via three-month outright reverse repos Structure uses fixed quantity, multi-price bidding Signals liquidity stability, not necessarily new net easing Supports early-year bond issuance and credit supply narrative Aligns with broader 2026 stance: keep liquidity ample — The People’s Bank of China (PBOC) will conduct a 1.1-trillion-yuan (about 157 billion U.S. dollars) outright reverse repo…
In our December update, we combined the Elliott Wave (EW) Principle with the Armstrong Pi-cycle turn dates and concluded for the NASDAQ 100 (NDX) that “…if the November 21 low at 23854 holds, based on current data, the Bull market will likely continue, ideally well into April next year, before a 2022-like Bear market begins. Below that level, it…
