USDCHF technicals After two days of sharp declines, the USDCHF plunged to new lows not seen since 2011, breaking below the April low at 0.80388 but only reaching an extreme low of 0.8034 on Wednesday. The sell-off was exacerbated by dovish signals from Fed Chair Powell, who acknowledged that a July rate cut is possible—fueling dollar weakness across the…
The Australian Dollar extends gains due to the Israel-Iran ceasefire. Australia’s Monthly Consumer Price Index increased by 2.1% YoY in May, against the expected 2.3% rise and the 2.4% prior. Fed Chair Powell advocated for delaying rate cuts, likely until sometime in the fourth quarter. The Australian Dollar (AUD) extends its gains for the third successive session on Wednesday….
2025.06.25 2025.06.25 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 25.06.2025 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 correction is completed. The price is expected to rise in the fifth part of a bullish impulse to a high…
The market spotlight remained on the Israel-Iran conflict and concerns about the ceasefire agreement being already violated. Still, some improvements in sentiment propped U.S. equity indices higher while crude oil continued to return its recent gains. Here are headlines you may have missed in the last trading sessions! Headlines: New Zealand Credit Card Spending YoY for May 2025: 2.2%…
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West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $65.09 per barrel, up from Tuesday’s close at $64.72. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $66.87 price posted on Tuesday, and trading at $67.23. WTI Oil FAQs WTI Oil is a type of Crude Oil sold…
2025.06.25 2025.06.25 Investors Adapt to Trump’s Policy Shifts. Forecast as of 25.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US administration is using a carrot-and-stick policy that has become increasingly predictable over time. Traders have learned to buy when the conflict escalates, betting that it will de-escalate shortly. Let’s discuss this topic and make a trading plan for the EURUSD pair. The article…
WTI crude oil is consolidating near a key support area! Are we looking at one of the best levels to enter its uptrend? Let’s take a closer look at the 4-hour time frame: WTI Crude Oil (USOIL) 4-hour Chart by TradingView Oil prices dropped hard to kick off the week as Middle East tensions cooled, and supply fears took…
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Federal Reserve (Fed) Bank of New York President John Williams predicted slightly higher inflation and unemployment through the rest of the year on Tuesday, as well as slower-than-expected growth metrics. As the head of the New York Fed, Williams is a permanent voting member of the Federal Open Market Committee (FOMC) and holds significant sway over Fed policy decisions….
