Indian Railway Finance Corporation Ltd. (IRFC) is correcting within a double three Elliott Wave pattern in wave II after completing a strong five-wave rally in wave I. Indian Railway Finance Corporation Ltd. (IRFC) has maintained a strong bullish trend over the past months. After forming a significant low, the stock started a powerful rally, completing a clear five-wave advance…
2025.09.09 2025.09.09 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.09.2025 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 quotes will likely rise in correction 2 towards 113,880.00. Long trades can be considered. XRPUSD: impulse (5) may…
The U.S. dollar has been giving up ground to the yen even with all the political drama in Japan. Will a key technical support zone stem USD/JPY’s losses? Let’s zoom in on the 4-hour chart: USD/JPY 4-hour Forex Chart by TradingView Weak August jobs data and growing talk of a Fed rate cut have NOT helped the U.S. dollar,…
In terms of data releases, there won’t be any major ones from Europe on the economic calendar today. The US NFIB small business optimism index for August is the only release that will come about during the session and that’s a nothing burger. So, European traders will be left to their own devices in digesting the market mood after…
WTI edges lower on Monday, trimming earlier gains after facing stiff resistance near $63.00. OPEC+ agrees to raise output by 137,000 bpd from October 2025, beginning the rollback of 1.65 million bpd in voluntary cuts. The EU is preparing a 19th sanctions package on Russia with the US, targeting banks and Oil trade, adding a geopolitical risk premium. WTI…
The ECB monetary policy decision is coming up soon, and market players are keen to find out if the central bank still has any surprises up its sleeve. Expectations are for ECB head Lagarde and her fellow policymakers to keep rates on hold for the time being, especially since trade-related concerns have been fading. Here are…
The Long-Term Stock Exchange (LTSE) plans to petition the Securities and Exchange Commission to scrap quarterly earnings reports and instead let companies report twice a year, according to the Wall Street Journal (gated). LTSE argues the change would cut costs, reduce the administrative burden of earnings calls, and allow executives to focus on long-term strategy rather than short-term targets….
Gold hits fresh record highs above $3,600 as safe-haven demand and Fed rate cut bets drive momentum. Markets fully price in a September Fed rate cut after weaker-than-expected NFP, with a 25 bps move seen as certain. Traders eye US PPI and CPI releases this week to gauge whether the Fed delivers a 25 bps rate cut or considers…
2025.09.08 2025.09.08 US Dollar Dodges Collapse. Forecast as of 08.09.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Another weak labor market report may have pushed the US dollar to a critical point. However, following an initial surge in the EURUSD pair, the greenback demonstrated resilience, recovering some of its losses. What was behind this sudden shift? Let’s discuss this topic and make a trading plan….
After last week’s shocking US jobs miss sent the dollar tumbling, all eyes turn to Thursday’s inflation data and ECB decision.
