USDINR slips below the 100-hour moving average, signaling early signs of weakening bullish momentum. Key support sits at the 89.7900 swing area, with sellers needing a break below to extend downside pressure. A move under the 200-hour moving average (89.7560) would mark a major shift, giving sellers clearer control for the first time since November 19. USDINR Slips as…
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Tuesday, with USD/JPY extending gains for the third straight day as the Greenback strengthens following firmer labour market data. At the time of writing, the pair is trading near 156.90, its highest level since November 25. Fresh US labour data helped support the Dollar on Tuesday. The ADP…
2025.12.09 2025.12.09 How to Trade Bat Harmonic Pattern Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ The concept of harmonic patterns encompasses chart patterns based on the Fibonacci retracement sequence. The Bat Pattern is one such harmonic formation that allows traders to pinpoint potential reversal points and improve the accuracy of price forecasts. By mastering this pattern, you will be able to trade much more…
The BOC wraps up 2025 with markets expecting policymakers to keep rates steady at 2.25%, as recent strong employment data has given the central bank reason to pause after months of cuts. The decision lands just an hour before the Fed announces its own rate move, however, which means traders will be watching both North American central banks…
Energy sector surges while tech hits resistance: A look into today’s market dynamics The stock market presented a mixed yet intriguing picture today, with notable variation across sectors. While the energy sector soared based on robust performances, the technology sector confronted some challenges, reflecting diverse investor sentiments and wider economic influences. 🌟 Sector Overview: Energy: The energy sector has…
The Euro (EUR) trades on the back foot against the Swiss Franc (CHF) on Tuesday, with EUR/CHF consolidating near its strongest level in more than three months as the Franc remains under sustained pressure ahead of Thursday’s Swiss National Bank (SNB) monetary policy announcement. At the time of writing, the cross is trading around 0.9380, holding close to Monday’s…
2025.12.09 2025.12.09 Gold Edges Higher As Markets Brace For Hawkish Cut. Forecast as of 09.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ A Fed rate cut is great news for gold. However, this factor has already been reflected in gold prices. Meanwhile, Jerome Powell’s hawkish rhetoric may trigger a sell-off in the precious metal. Let’s discuss this topic and make a trading plan for…
As expected, the Reserve Bank of Australia (RBA) maintained interest rates at 3.60% in their December decision while highlighting the rebound in inflation and tight labor market conditions. Key Takeaways The RBA maintained its cash rate at 3.60%, keeping monetary policy in restrictive territory as it monitors inflation dynamics Recent data indicate inflation risks have tilted to the upside,…
The Financial Times reports that Chinese regulators have been discussing ways to permit limited access to H200 chips. No final decision had been made yet. For context, Trump yesterday announced that the US will allow Nvidia to sell H200 chips to China. I don’t see this as something new as China has been implementing restrictions on foreign AI chips…
Chinese Premier Li Qiang said in a meeting with the International Monetary Fund (IMF) and the World Bank that Beijing will meet its annual economic target. Market reaction The impact of China’s Li comments appears to be insignificant on the Australian Dollar (AUD), being a liquid proxy to the Chinese economy. AUD/USD trades 0.3% higher to near 0.6645 as…
