The Japanese Yen (JPY) is up against the US Dollar (USD) on Friday, with the USD/JPY pair edging lower and trading at around 147.25 following the publication of US employment figures. The Japanese currency rallied slightly, benefiting from a weaker USD, but it remains trapped in a climate of uncertainty. Investors are looking ahead to Monday’s internal vote of…
2025.09.05 2025.09.05 USD/CHF: Elliott Wave Analysis and Forecast for 05.09.25 – 12.09.25 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 0.8170 with a target of 0.7700 – 0.7500. A sell signal: confirmation of a pullback downward from 0.8170. Stop Loss: above 0.8230, Take Profit: 0.7700 –…
gold daily You can put that gold chart in the technical analysis text book, at least so far. Gold has been in a long-term bull market, almost a parabolic one from $2000 post-pandemic. After spiking to a record $3500 in April, it took a break and consolidated for five months. Now that it’s clear the Fed is going to…
The Governing Council kept policy on hold in July, and is likely to remain on hold at the September meeting and for the foreseeable future, ABN AMRO’s economists Nick Kounis and Bill Divney report. ECB is ‘well positioned’ to face the upcoming tariff impact and uncertainty “President Lagarde has said that the ECB is ‘well positioned’ to face the…
2025.09.05 2025.09.05 EUR/USD: Elliott Wave Analysis and Forecast for 05.09.25 – 12.09.25 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 the level of 1.1563 with a target of 1.2050 – 1.2400. A buy signal: the price holds above 1.1563. Stop Loss: below 1.1500, Take Profit: 1.2050 – 1.2400. Alternative…
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…
USD/CAD steadies near 1.3800 after rebounding from a four-day low. Canada shed 65.5K jobs in August, unemployment rose to 7.1%, boosting BoC rate cut bets. US NFP showed only 22K jobs added, with unemployment at 4.3%, dragging the US Dollar and Treasury yields lower. The Canadian Dollar (CAD) weakens on Friday after dismal labor market data, but broad US…
2025.09.05 2025.09.05 GBP/USD: Elliott Wave Analysis and Forecast for 05.09.25 – 12.09.25 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 the level of 1.3323 with a target of 1.3850 – 1.4000. A buy signal: the price holds above 1.3323. Stop Loss: below 1.3250, Take Profit: 1.3850 – 1.4000. Alternative…
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…
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