Markets have been starved of key US economic data for almost a month now but the wait is finally over. And it doesn’t come any bigger than the US CPI data release. This will be for the month of September and is the main thing on the agenda to end the week. Given that it is the only major…
The Australian Dollar (AUD) steadies against the US Dollar (USD) after the release of the preliminary S&P Global Purchasing Managers Index (PMI) on Friday. Traders await key quarterly inflation data for Australia next week that could shape the Reserve Bank of Australia’s (RBA) policy outlook. The preliminary Australia’s S&P Global Manufacturing Purchasing Managers Index (PMI) fell to 49.7 in…
2025.10.23 2025.10.23 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.10.2025 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 final part of a bullish impulse appears to be developing. Consider buy entries with a target at a high of…
This pair has been cruising higher with rising highs and lows inside an ascending channel. Will it bounce from support or make a break lower this time? Check out these inflection points on the 4-hour time frame! GBP/CAD 4-hour Forex Chart by TradingView Stronger than expected Canadian CPI released earlier this week sparked a run higher for the Loonie,…
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range,…
Gold now appears to have entered a consolidative phase around the $4,150 region per troy ounce on Thursday. The move higher in the yellow metal appears supported by a cautious mood ahead of the US CPI data, while a firm Dollar, mixed Treasury yields, and easing trade worries are keeping price action fairly contained.
2025.10.23 2025.10.23 Short-Term Analysis for Oil, Gold, and EURUSD for 23.10.2025 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil is rising in a correction within…
Geopolitical tensions took center stage on Thursday as sweeping U.S. sanctions on Russian oil producers sent crude prices surging, while equity markets rallied on optimism surrounding upcoming U.S.-China trade talks and expectations for continued Federal Reserve easing. Oil’s dramatic spike dominated market attention, though gains moderated by session’s end, while confirmation of next week’s Trump-Xi meeting provided a counterweight…
China is using Venezuela for fentanyl smuggling Reports of B1 bombers near Venezuela are not accurate Will be seeing land action in Venezuela soon Rand Paul is the only one speaking up against these assassinations in the caribbean. He makes the point that it’s impossible for the outboard motor boats to reach the US without refuelling 20 times. It’s…
The Dow Jones Industrial Average (DJIA) found slim gains on Thursday, climbing around 150 points and clawing back some of the losses that pummeled the major equity index the previous session. Investors remain leery of a fresh steepening of the ongoing trade spat between the US and China, but another bumper earnings season and hopes for additional Federal Reserve…
