The Japanese yen gapped sharply lower over the weekend, following Prime Minister Shigeru Ishiba’s resignation after the elections fallout. This announcement came a day before his Liberal Democratic Party (LDP) was scheduled to vote on holding an internal leadership vote that could have forced him out of power. Key Takeaways Short-lived tenure: Japan PM Ishiba resigned after less than…
Bitcoin technical analysis and price prediction for today and this week One can say that bitcoin is still hot and that is probably right. But when it was hotter, big companies that buy and hold it (we call them “Bitcoin treasury companies”) were super popular at a recent conference in Hong Kong. We can see from the data that…
WTI falls to $61.20, its lowest level since June 2, before stabilizing near $61.50. Markets brace for Sunday’s OPEC+ meeting, with Saudi Arabia pushing for an accelerated return of 1.66 mb/d supply, though no final decision has been made. WTI trades below the 50-day SMA at $64.90, with key support at $61.50; a break lower could target $59.50-58.50. West…
2025.09.08 2025.09.08 Short-Term Analysis for Oil, Gold, and EURUSD for 08.09.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Last week, oil continued its short-term downward…
The New Zealand dollar gained significantly against the Canadian dollar after Canada reported weaker-than-expected job numbers. Can a key resistance area slow down NZD/CAD’s climb? Or do NZD bulls and CAD bears still have gas in their tanks? We’re taking a closer look at NZD/CAD’s 4-hour chart for clues. NZD/CAD 4-hour Forex Chart by TradingView In case you missed…
There are just a couple to take note of on the board for today, as highlighted in bold below. They are both for EUR/USD at the 1.1700 and 1.1750 levels, with the current price sitting in between that. The pair continues to face more stubborn resistance on the daily chart around the 1.1730-40 region. And that is what held…
XAU/USD rallies to a fresh all-time high after NFP miss, with unemployment rising and wage growth holding steady. US 2-year Treasury yield plunges 11 bps to 3.48%, while DXY drops 0.70% to 97.57 amid risk-off flows. Fed independence fears and Standard Chartered’s call for a 50 bps cut amplify the bullish case ahead of US CPI. Gold price rallies…
AUD/NZD has been cruising higher with its rising lows connected by an ascending trend line on its 4-hour chart. Is it about to go in correction mode to gather more bullish energy soon? AUD/NZD 4-hour Forex Chart by TradingView Improving economic data has been propping the Aussie higher over the past few weeks, as strong CPI and GDP figures…
Kevin Hassett, head of the White House National Economic Council and on Trump’s shortlist for the next Fed chair, said the central bank must remain fully independent of political interference — including from Trump himself. Speaking on CBS, Hassett stressed that when governments take over central banks, the result is usually inflation and hardship for consumers. His remarks come…
The Swiss Franc strengthens as USD/CHF drops below 0.8000 to its lowest since late July. Weak US NFP data fuels Fed rate cut bets and triggers broad US Dollar selling. Focus now shifts to next week’s US CPI report, a key test for Fed expectations. The Swiss Franc (CHF) gains ground against the US Dollar (USD) on Friday, with…
