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…
Gold weakens as risk sentiment improves, US equities rally pushing S&P 500 futures to record highs. Core PCE inflation for May rises along with June Michigan Consumer Sentiment Index while inflation expectations fall. XAU/USD remains on the backfoot with selling pressure increasing below $3,300. Gold (XAU/USD) is on the defensive heading into the weekend, pressured by a combination of…
2025.06.27 2025.06.27 USD/CHF: Elliott Wave Analysis and Forecast for 27.06.25 – 04.07.25 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 0.8200 with a target of 0.7800 – 0.7600. A sell signal: the price holds below 0.8200. Stop Loss: above 0.8255, Take Profit: 0.7800 – 0.7600. 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…
EUR/JPY trades near 170.00, its highest level since July 2024, on Friday. Soft Japanese data and steady BoJ stance undermine Yen demand. The euro remains firm despite a drop in Eurozone economic sentiment. The Euro (EUR) strengthens against the Japanese Yen (JPY) on Friday, with the EUR/JPY pair climbing toward levels not seen since July 2024. The cross is…
2025.06.27 2025.06.27 USD/СAD: Elliott Wave Analysis and Forecast for 27.06.25 – 04.07.25 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 1.3540 with a target of 1.4018 – 1.4168. A buy signal: the price holds above 1.3540. Stop Loss: below 1.3480, Take Profit: 1.4018 – 1.4168. Alternative…
Forex trading is a craft that demands a certain level of discipline. Not only do you have to stick to a set of trading rules, but you also have to be able to keep your eyes on the prize at all times. This is what seasoned traders refer to as self-discipline. Mark Douglas, author of Trading in the Zone, defines self-discipline…
Official data so far reveals only modest impact of tariffs on prices, activity, labor market. If the Fed cuts in September and tariff effect shows up later, could pause rate cuts. Inflation boost is likely coming, but actual inflation indicates renewed progress towards 2% target. More time is needed to determine if effects of trade war are delayed, or…
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $65.12 per barrel, up from Thursday’s close at $64.75.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $66.66 price posted on Thursday, and trading at $67.06. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on…
2025.06.27 2025.06.27 XAU/USD: Elliott Wave Analysis and Forecast for 27.06.25 – 04.07.25 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 3240.00 with a target of 3600.00 – 3800.00. A buy signal: the price holds above 3240.00. Stop Loss: below 3190.00, Take Profit: 3600.00 – 3800.00. Alternative…
