2026.05.29 2026.05.29 USD/CAD: Elliott Wave Analysis and Forecast for 29.05.26–05.06.26 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 1.3871 with a target of 1.3400–1.3065. A sell signal: the price holds below 1.3871. Stop Loss: above 1.3910, Take Profit: 1.3400–1.3065. Alternative scenario: Breakout and consolidation above the…

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No agreement has been finalised with the United States so far The management of the Strait of Hormuz must be decided by Iran and Oman At this stage, we are focused on ending the war; we are not negotiating over Iran’s nuclear program Iran’s Foreign Ministry spokesperson Esmaeil Baghaei said no final agreement has yet been reached with the…

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2026.05.29 2026.05.29 USD/CHF: Elliott Wave Analysis and Forecast for 29.05.26–05.06.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 0.7807 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7807. Stop Loss: below 0.7765, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.7807 will allow the…

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Rate hikes by year-end RBNZ: 75 bps (79% probability of rate hike at the next meeting) ECB: 52 bps (89% probability of rate hike at the next meeting) BoJ: 42 bps (71% probability of rate hike at the next meeting) BoE: 32 bps (94% probability of no change at the next meeting) BoC: 28 bps (99% probability of no…

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The AI boom has triggered an insatiable need for new, localized, decentralized and clean alternative power generation methods. While there has been much speculation about small modular nuclear reactors, regulatory hurdles can delay this possibility for many years. AI data centers have faced growing scrutiny for hogging power grid capacity, causing residents’ electric bills to skyrocket. As covered in our last…

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2026.05.29 2026.05.29 GBP/USD: Elliott Wave Analysis and Forecast for 29.05.26–05.06.26 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 1.3505 with a target of 1.3140–1.2936. A sell signal: the price holds below 1.3505. Stop Loss: above 1.3545, Take Profit: 1.3140–1.2936. Alternative scenario: Breakout and consolidation above the…

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Full report here Trump did not reach a final decision on a Memorandum of Understanding (MoU) with Iran during a nearly two-hour meeting in the White House Situation Room, according to a senior administration official familiar with the deliberations. The meeting came after Trump publicly suggested that a major breakthrough with Tehran could be imminent, outlining what he described…

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As Friday’s US stock market session rounds the corner in its final hour, the S&P 500 index is clinging onto what might be its seventh straight day of gains. Since Wednesday, May 20, the index has climbed from 7,353 to an all-time high of 7,599 on Friday. But after gapping up on the open on Friday, the S&P 500…

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