Gathers strength above 1.1550, bullish outlook remains intact

The EUR/USD pair trades in positive territory near 1.1585 during the early European trading hours on Wednesday. The Euro (EUR) edges higher against the US Dollar (USD) as the German ZEW survey beat forecasts. The European Central Bank (ECB) President Christine Lagarde’s is set to speak later on Wednesday.  Data on Tuesday showed that the German ZEW Survey –…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.08.2026

2026.08.18 2026.08.18 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.08.2026 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: The price is expected to rise in the final part of correction 4. Consider long positions with a Take Profit…

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Canadian Dollar holds near 1.3900 as higher US yields support USD

The USD/CAD pair struggles to capitalize on this week’s modest recovery from its lowest level since June 3 and oscillates in a range around the 1.3900 mark during the Asian session on Wednesday. Traders seem hesitant to place aggressive directional bets ahead of a high-stakes US tariffs deadline and the release of FOMC Minutes. US President Donald Trump and…

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Forex Economic Calendar Overview: Key Events for the Next Trading Week (24.08.2026–30.08.2026)

2026.08.18 2026.08.19 Weekly Economic Calendar for 24.08.2026–30.08.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ During the coming week (August 24-30, 2026), no major macroeconomic data releases are scheduled. The markets will focus primarily on the Jackson Hole Economic Symposium, organized annually by the Federal Reserve. On Thursday, August 27, Federal Reserve Chairman Kevin Warsh plans to speak at the symposium on monetary policy (the…

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Financial & Forex Market Recap – August 18, 2026

Markets leaned defensive on Tuesday as a selloff in chipmakers dragged equities lower and long-dated bond yields held near multi-year highs, keeping the focus on inflation and rising government debt. The U.S. dollar recovered from repeated intraday dips to finish arguably the strongest major on the day, while gold slid sharply and oil settled near $85 with the Strait…

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What to watch as July FOMC minutes drop Wednesday

The minutes carry more weight than usual this cycle because Chair Warsh’s July statement was deliberately brief and offered little forward guidance, leaving markets largely in the dark on how the committee is thinking beyond the three known dissents. A hawkish tone, particularly explicit discussion of inflation risk from energy prices, could extend the recent push in Treasury yields…

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