The S&P 500 is poised to hit new records after earnings releases, but is there any upside left? Stocks extended their pullback on Wednesday, as hawkish comments from Fed Chair Jerome Powell triggered profit-taking. Ultimately, the S&P 500 closed 0.12% lower after rebounding from a local low near 6,336. After the close, earnings from Meta and Microsoft fueled strong…
2025.07.31 2025.07.31 How to Read Candlestick Charts? Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Want to learn how to read the market like a pro? Candlestick analysis is the key to understanding trader psychology and predicting price movements in the Forex, stock, or cryptocurrency markets. Japanese candlesticks, which originated in the 18th century, help identify market entry and exit points, trends, and reversals. Learn…
EUR/CHF has been stuck inside a descending triangle on its daily time frame, and the pair is closing in on the bottom. Will it go for another bounce off support? Take a look at these long-term inflection points! EUR/CHF Daily Forex Chart by TradingView This euro pair has been forming lower highs since July 2024 and finding support at…
The US 30-yr mortgage rates dip to 6.72%, offering slight relief amid high home prices & borrowing costs. Sales slump continues to rate last week was 6.74%. The high for the year was at 7.04%. The low for the year was at 6.62%. This article was written by Greg Michalowski at investinglive.com.
United States Chicago PMI came in at 47.1, above expectations (42) in July
2025.07.31 2025.07.31 Decoding Higher Highs and Lower Lows: Trading Basics Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Want to learn how to identify market trends and find the best entry points? Higher highs (HH) and lower lows (LL) are key technical analysis tools that reveal the market direction. This article explains how to recognize these patterns, use them to enter and exit positions, and…
As widely expected, the Bank of Canada (BOC) kept interest rates unchanged at 2.75% in July, marking its third consecutive hold as policymakers grapple with persistent U.S. trade uncertainty and mixed domestic economic signals. This decision came as Governor Tiff Macklem acknowledged that tariffs are causing permanent economic damage, stating that while growth will resume, “it’ll be on a…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Tiff Macklem, Governor of the Bank of Canada, answered reporters’ questions on the central bank’s policy outlook. This followed the recent BoC’s decision to keep its policy rate at 2.75%, which was largely anticipated by the market. BoC press conference key highlights We see signs of underlying upside pressure on inflation. The US trade policy remains unpredictable. We’re looking…
2025.07.31 2025.07.31 Aussie Falters Amid Trade Shocks. Forecast as of 31.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Before the US struck trade deals with Japan and the EU, the uptrend in the AUDUSD pair looked strong. However, those agreements changed the game, and the weaknesses of the aussie quickly came to light. Let’s explore this topic and make a trading plan. The article…
