2025.12.05 2025.12.05 GBP/USD: Elliott Wave Analysis and Forecast for 05.12.25 – 12.12.25 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 1.3170 with a target of 1.3783 – 1.4050. A buy signal: the price holds above 1.3170. Stop Loss: below 1.3170, Take Profit: 1.3783 – 1.4050. Alternative…

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Well, that was quite a week! If you blinked during the first trading days of December, you might have missed the dollar’s worst multi-day tumble since September—triggered by some surprisingly awful U.S. employment data that had traders scrambling to price in more Fed rate cuts. Meanwhile, down under, the Australian dollar pulled off one of the week’s most…

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U.S. stocks ended the day modestly higher, supported by steady gains in large-caps and renewed strength in several growth names. The Dow Jones Industrial Average rose 104.05 points (+0.22%) to 47,954.99, while the S&P 500 added 13.28 points (+0.19%) to 6,870.40. The Nasdaq Composite outperformed, climbing 72.99 points (+0.31%) to 23,578.13. Sector performance was mixed, with leadership in technology-adjacent…

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The Canadian Dollar (CAD) found room on the high side on Friday, climbing nearly 0.9% and locking in a second straight week of firm gains for the Loonie. The CAD has gained nearly 2.2% bottom-to-top against the US Dollar (USD) since hitting seven-month lows in early November. Canadian labor data came in broadly stronger than expected in November, with…

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2025.12.05 2025.12.05 USD/JPY: Elliott Wave Analysis and Forecast for 05.12.25 – 12.12.25 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 157.88 with a target of 151.73 – 150.20. A sell signal: the price holds below 157.88. Stop Loss: above 157.88, Take Profit: 151.73 – 150.20. Alternative…

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Recall last week, Baker Hughes oil rig count fell -12. Today they rose by half of that with a gain of 6 to 413. The natural gas rates fell -1 to 129. The total rigs for the week rose 5 to 549. Crude oil is trading near highs for the day up $0.60 41% at $60.28. The low price…

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The Euro (EUR) trims earlier gains against the US Dollar (USD) on Friday as the Greenback firms following the latest set of US economic releases. At the time of writing, EUR/USD is trading around 1.1635, easing from the daily high of 1.1628, though the pair remains on track for a second straight weekly gain as markets grow increasingly confident…

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2025.12.05 2025.12.05 XAU/USD: Elliott Wave Analysis and Forecast for 05.12.25 – 12.12.25 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 4,018.50 with a target of 4,600.00 – 4,800.00. A buy signal: the price holds above 4,018.50. Stop Loss: below 4,018.50, Take Profit: 4,600.00 – 4,800.00. Alternative…

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Every trader eventually has one of those days when the market feels like it is out to get you. Nothing clicks. Every setup flops. You start wondering if your chart woke up in a bad mood. When that happens, most people do one of two things: They either step back to reset or push harder and try to force…

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The US dollar is at its lowest levels against the Canadian dollar in ten weeks, following a blockbuster Canadian jobs report. USD/CAD is down 70 pips on the day to 1.3886, which narrowly breaks the October low. It’s the lowest levels since September 23. The question is whether this is a gamechanger for the Canadian economy and the loonie….

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