Chart Art: CHF/JPY Pulling Up to Intervention Zone Near 200.00
CHF/JPY has pulled higher after Japan’s massive yen-tervention in late July, hovering around a descending trend line and area of interest. Will it hold as resistance?
CHF/JPY has pulled higher after Japan’s massive yen-tervention in late July, hovering around a descending trend line and area of interest. Will it hold as resistance?
August business confidence 98 vs 98 expected Prior 97 The French business climate indicator picks up again in August, nudging back up to the highest since February. That being said, it’s still keeping below the long-term average threshold of 100 – not having touched that since May 2024. The improvement comes amid better sentiment in most broader sectors with…
United Overseas Bank’s (UOB) Quek Ser Leang highlights EUR/USD at 1.1685 holding recent gains, with intraday trading likely between 1.1655 and 1.1715. Over a 1–3 week horizon, he sees room for further upside toward 1.1725, while warning that a break below 1.1615 would signal that the upward pressure seen since early week has faded. Uptrend intact with nearby supports…
Long-term government bond yields hit multi-decade highs this week. The U.S. 30-year yield reached its highest since 2007, French borrowing costs hit their highest since 2008, and German yields climbed to 2011 levels. U.K. gilt yields closed in on 6%, while Japan’s long-term yields neared record highs. The U.S. Treasury even doubled its bond buyback program to stop the…
RBI seen selling dollars to support rupee as USD/INR holds steady !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The AUD/USD pair gains traction to near 0.7135 during the Asian trading hours on Friday. The US Dollar (USD) weakens against the Australian Dollar (AUD) and is set for a weekly loss as traders viewed the US Treasury’s bond buyback gambit as merely a temporary fix. The preliminary readings of the US Purchasing Managers Index (PMI) are due later on…
2026.08.20 2026.08.20 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 20.08.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: Expect a decline in an impulse wave 5. Consider short positions with a Take Profit at 57,364.54. XRPUSD: The price may…
EUR/USD has stretched beyond its upper Keltner band after a strong daily rally. Will buyers keep control or will price snap back?
Iran plans oil strikes to hurt Trump before midterms, official says !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The preliminary reading of Australia’s S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.0 in August versus 52.0 prior, the latest data published by S&P Global showed on Friday. Australia’s S&P Global Services PMI declined to 52.9 in August from the previous reading of 53.6, while the Composite PMI fell to 52.5 in August versus 53.2 prior. Market…