2025.06.30 2025.06.30 EuroStoxx 50 Shines As Greenback Loses Allure. Forecast as of 30.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite the S&P 500 reaching a new record high, the US stock index in dollar terms lost 16 percentage points to its European counterpart in the first half of the year. What developments can we expect in the second half of the year? Let’s…
After a wild week that crushed the dollar and sent oil prices tumbling, traders are heading into July with fresh momentum. With geopolitical fears easing and the Fed sounding more open to cutting rates, traders now turn their focus to the ECB Sintra Forum, key U.S. jobs data, and the potential return of trade tensions. This Article Is…
Intel Stock Current Technical Setup: Intel Corporation’s stock (NASDAQ: INTC) exhibits compelling bullish momentum. Since early 2024, a key descending resistance line has defined price action, recently decisively broken to the upside, validated by a successful retest. Following a significant earnings-related decline in August 2024, INTC stock entered an extended consolidation phase, primarily trading within a range between approximately…
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $64.82 per barrel, up from Friday’s close at $64.54. Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $66.33. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI…
2025.06.30 2025.06.30 Euro Heads to 4-Year Highs. Forecast as of 30.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ If monetary policy divergence has favored EURUSD bears in the first half of 2025, this trend will likely reverse in the latter half of the year. When combined with capital outflows from the US to Europe, this bodes well for the euro’s future. Let’s discuss this…
GBP/AUD is poppin’ up long wicks near a range resistance area. Will the pair draw enough bearish pressure to stay inside its technical pattern? Or will the bulls force an upside breakout? GBP/AUD 4-hour Forex Chart by TradingView The British pound had a solid week, getting a boost from the BOE’s slow and steady take on rate cuts despite…
German inflation continues to remain a sticking point for the ECB as they pause through the summer. The latest core annual inflation reading was at 2.8% in May, with headline annual inflation seen at 2.1%. The latter is estimated to climb a little to 2.2% in June, reaffirming that the ECB still has work to do in bringing price…
EUR/USD extends winning streak to seven days, hovering near 1.1726 after reaching a multi-year high of 1.1754. The US Dollar is pressured by Trump’s remarks, mixed macro data and Fed cut bets. Focus shifts to next week’s Eurozone flash inflation and US ISM PMI data. The Euro (EUR) climbs for an eighth consecutive day against the US Dollar (USD)…
EUR/CHF has formed lower highs and found resistance at the .9420 level, creating an ascending triangle pattern on its 4-hour chart. Is another bounce off support in the works? Or are we about to see a breakout soon? EUR/CHF 4-hour Forex Chart by TradingView This franc pair has been stuck in this triangle holding pattern for more than a…
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…
