2025.09.04 2025.09.04 Euro Gains After Disappointing US Jobs Data. Forecast as of 04.09.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Fears about the looming debt crisis remain, even in the midst of expectations of a Fed rate cut. However, as soon as the US labor market showed new signs of weakness, EURUSD bears retreated. Let’s discuss this topic and make a trading plan. The…
CAD/JPY is back to a key resistance area after breaking below a long-term uptrend in August. Are we looking at a break-and-retest opportunity in the making? Here’s what we’re seeing on the daily time frame: CAD/JPY Daily Forex Chart by TradingView The Canadian dollar is struggling to hold steady as worries over U.S. tariffs and slowing global growth pressure…
I’ve been talking about it with Putin and Zelensky Something is going to happen, but they are not ready yet We are going to get it done The comments come after he was prompted on the growing uncertainty over a potential face-to-face meeting between Putin and Zelensky. Another deadline has passed and Russia remains committed in their resolve. So,…
Gold continues to push higher, sets new all-time-high. The US Dollar comes under renewed selling pressure after employment-related data. XAU/USD remains on track to end the seventh consecutive trading day in positive territory. Gold extended its uptrend in the second half of the day on Wednesday and touched a new record-high above $3,560. At the time of press, XAU/USD…
2025.09.03 2025.09.03 US Dollar Surges As Trump Tariffs Back in Limbo. Forecast as of 03.09.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Europe is on the verge of a debt crisis. Investors are seeking reliable investment destinations for their assets, turning their attention to the US dollar. Moreover, in light of the recent decisions by the judges, it is clear that the United States…
Traders flocked to safety on Tuesday, with precious metals like gold being the main beneficiary of risk-off flows. Meanwhile, rising U.K. bond yields also took center stage, highlighting U.K. government spending concerns and further stoking safe-haven rallies. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines: New Zealand Terms of Trade…
HSBC has lifted its year-end S&P 500 forecast to 6,500 from 6,400, its second upgrade in less than a month, citing stronger-than-expected second-quarter earnings and only a modest drag from tariffs. “We revise our S&P 500 year-end target to 6500 after incorporating better-than-expected Q2 results” The new target implies about 1.3% upside from the index’s last close of 6,415….
NASDAQ Composite rallies as Alphabet surges over 8% to new all-time high. Most Dow Jones stocks are in decline as Factory Orders fell 1.3% in July. JOLTS Job Openings for July also showed a notable downtrend. Markets look ahead with worries over Friday’s Nonfarm Payrolls for August. The NASDAQ Composite (IXIC) holds onto a 0.76% gain on Wednesday morning…
2025.09.03 2025.09.03 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.09.2025 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 completion of impulse 1 will likely be followed by a correction 2 targeting 115,940.00. Consider long positions. XRPUSD: An…
The ISM manufacturing PMI for August ticked higher from 48.0 to 48.7, just a few notches short of the 49.0 consensus to reflect another month of industry contraction. Still, the pace of decline slowed as new orders returned to growth for the first time since January. Key Takeaways from August ISM Manufacturing PMI Mixed signals on demand: New orders expanded…
