The US Dollar starts the week under pressure, slipping against major currencies on Monday. Political pressure on Fed Chair Jerome Powell intensifies after DOJ referral over alleged perjury. The DXY US Dollar Index is retesting a critical support zone near 98.80-98.00, showing signs of fading momentum. The US Dollar (USD) kicks off the week on the back foot, slipping…
Goldman Sachs expects the Federal Reserve to begin cutting interest rates in September, projecting three consecutive 25bp reductions—one at each meeting through year-end— provided inflation expectations stay anchored. September 16-17 October 28-29 December 9-10 The bank emphasises that the easing cycle is contingent on inflation not flaring up again, but with current trends holding, it sees room for a…
Gold rallies as tariff risks and trade tensions fuel demand for safe-haven bullion. EU-US trade talks stall as President Trump increases demands, sending the US Dollar lower. XAU/USD threatens psychological resistance at $3,400 as bullish momentum increases. Gold (XAU/USD) is benefiting from renewed trade tensions on Monday, which have triggered demand for the safe-haven yellow metal. As the August…
2025.07.21 2025.07.21 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.07.2025 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 price is rising in the fifth part of a bullish impulse to a high of 126,160.57. Consider long positions….
Bitcoin (BTC/USD) might be finding a floor after making fresh record highs last week. Think the OG crypto is ready to extend its gains? Let’s take a closer look at the 4-hour chart: Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView Bitcoin raked in pips last week as traders shrugged off the U.S. tariff headlines and concerns in favor of…
Iranian Foreign Minister Abbas Araghchi said on Monday that the country cannot abandon its nuclear enrichment program, even though its facilities have suffered major damage. “Enrichment has been halted for now due to the severity of the damage,” Araghchi told Fox News, “but we can’t give it up — it’s a product of our scientists’ efforts and, even more…
EUR/CHF edges higher amid speculation of intervention from the Swiss National Bank in currency markets. EU–US trade talks stall ahead of August tariff deadline, fueling market uncertainty and limiting EUR/CHF gains. EUR/CHF tests key Fibonacci resistance as downtrend holds, while bearish momentum fades. The Euro (EUR) is edging higher against the Swiss Franc (CHF). On Monday, fundamental dynamics are…
2025.07.21 2025.07.21 US and EU Drift to No-Deal Scenario. Forecast as of 21.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ France and other countries support using the Anti-Coercion Instrument. This measure includes a variety of responses to US tariffs, meaning that a trade war is looming. How will the EURUSD pair react? Let’s discuss this topic and make a trading plan. The article covers the…
USD/CAD could be done with its downtrend, as the pair is forming a double bottom pattern. Can the pair bust through its neckline resistance soon and go on a reversal? Here’s what we’re seeing on the 4-hour chart. USD/CAD 4-hour Forex Chart by TradingView After making a couple of failed attempts at breaking below the 1.3550 minor psychological mark,…
The major European stock indices are closing the day with mixed results. France and Italy show declines while Germany, UK, and Spain all advanced. The UK FTSE 100 closed at a new record level of 9012.99. The indices did close at its high, but fell short of the Friday intraday high of 9016.36. The German DAX record high close…
