2025.10.03 2025.10.03 GBP/USD: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 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 1.3530 with a target of 1.3137 – 1.2936. A sell signal: the price holds below 1.3530. Stop Loss: above 1.3590, Take Profit: 1.3137 – 1.2936. Alternative…

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The ISM manufacturing PMI for September inched up to 49.1 from 48.7 in August, slightly beating the 49.0 consensus but remaining in contraction territory for the seventh consecutive month. While the headline showed marginal improvement, underlying components painted a concerning picture of deteriorating demand. Key Takeaways from the September ISM Manufacturing Report Manufacturing contraction persists: The index rose to…

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It looks like history won’t repeat itself from last year, as Sanae Takaichi comes out on top in this year’s runoff vote. She is now set to become Japan’s first ever female prime minister in taking over from Shigeru Ishiba, who has lost his standing after the dismal July upper house election results. As mentioned yesterday, Takaichi is often…

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EUR/USD consolidates on Friday amid a quiet trading session due to the lack of a fresh catalyst, sponsored by a US government shutdown that seems poised to extend beyond the current week. The pair trades at 1.1738, up 0.28%, at the time of writing. Shared currency consolidates with light data and split Fed rhetoric keeping traders cautious The US…

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2025.10.03 2025.10.03 USD/JPY: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 142.50 with a target of 154.80 – 158.85. A buy signal: the correction ends and the price holds above 142.50. Stop Loss: below 142.50,…

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NZD/CHF is bouncing from a major psychological level, setting up a run toward a key resistance zone. Will NZD/CHF extend a months-long downtrend if it hits the area of interest? We’re taking a closer look at the 4-hour time frame! NZD/CHF 4-hour Forex Chart by TradingView The New Zealand dollar is off to a solid start this October, boosted…

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Both the Dow industrial average and the S&P closed at record levels today. The S&P just barely reached that record with a gain of 0.44 points or 0.01%. The NASDAQ index did move lower after closing at a record level yesterday. For the trading week, the major indices were higher: a summary of the day shows: Dow industrial average…

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The business activity in the US service sector stagnated in September, with the Institute for Supply Management’s (ISM) Services Purchasing Managers Index (PMI) declining to 50 from 52 in August. This reading came in below the market expectation of 51.7. The Employment Index of the PMI survey edged higher to 47.2 from 46.5 in August, while the Prices Paid…

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2025.10.03 2025.10.03 WTI Crude Oil: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 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 66.35 with a target of 53.50 – 45.00. A sell signal: the price holds below 66.35. Stop Loss: above 66.35, Take Profit: 53.50 –…

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US government shutdown sent the dollar tumbling while the yen surged to weekly dominance. Shocking employment data, central bank signals, and geopolitical tensions created volatile trading conditions across major currency pairs.

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