2025.10.03 2025.10.03 USD/JPY: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 142.50 with a target of 154.80 – 158.85. A buy signal: the correction ends and the price holds above 142.50. Stop Loss: below 142.50,…
NZD/CHF is bouncing from a major psychological level, setting up a run toward a key resistance zone. Will NZD/CHF extend a months-long downtrend if it hits the area of interest? We’re taking a closer look at the 4-hour time frame! NZD/CHF 4-hour Forex Chart by TradingView The New Zealand dollar is off to a solid start this October, boosted…
Both the Dow industrial average and the S&P closed at record levels today. The S&P just barely reached that record with a gain of 0.44 points or 0.01%. The NASDAQ index did move lower after closing at a record level yesterday. For the trading week, the major indices were higher: a summary of the day shows: Dow industrial average…
The business activity in the US service sector stagnated in September, with the Institute for Supply Management’s (ISM) Services Purchasing Managers Index (PMI) declining to 50 from 52 in August. This reading came in below the market expectation of 51.7. The Employment Index of the PMI survey edged higher to 47.2 from 46.5 in August, while the Prices Paid…
2025.10.03 2025.10.03 WTI Crude Oil: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 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 66.35 with a target of 53.50 – 45.00. A sell signal: the price holds below 66.35. Stop Loss: above 66.35, Take Profit: 53.50 –…
US government shutdown sent the dollar tumbling while the yen surged to weekly dominance. Shocking employment data, central bank signals, and geopolitical tensions created volatile trading conditions across major currency pairs.
Day 3 of the government shutdown with no agreement in sight. Senators left for the weekend and will not return until Monday. The US dollar was mostly lower. Versus the major currencies, the US dollar: EUR, -0.21% JPY +0.16% GBP -0.32% CHF -0.26% CAD -0.04% AUD -0.05% NZD -0.24% Today was the scheduled day for US employment data. That…
Eurozone Producer Price Index (MoM) below expectations (-0.1%) in August: Actual (-0.3%)
2025.10.03 2025.10.03 Three Inside Up/Down Candlestick Pattern: Definition, Psychology, Trading Strategy, and Examples Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Japanese candlestick patterns are among the most widely used tools in technical analysis, and those formed by three or more candles are generally considered the most reliable. The Three Inside Up and Three Inside Down patterns are prime examples that fall into this category….
With Fed policymakers still mildly concerned about the U.S. labor market, will the upcoming NFP report tip the scales back in favor of more easing? Or are we about to see a major upside surprise that could further dampen rate cut hopes? Here’s what to expect when trading the September NFP release. This Article Is For Premium…
