The President of the United States judges himself — seemingly every day — on the value of the Dow Jones Industrial Average. He is a person that can’t stand to see stock markets go down, even for a brief period. He has utterly convinced himself — and not entirely without reason — that American progress is whatever number is…
United States Baker Hughes US Oil Rig Count came in at 419, above forecasts (418)
2025.11.21 2025.11.21 EUR/USD: Elliott Wave Analysis and Forecast for 21.11.25 – 28.11.25 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 1.1656 with a target of 1.1252 – 1.1040. A sell signal: the price holds below 1.1656. Stop Loss: above 1.1656, Take Profit: 1.1252 – 1.1040. Alternative…
The major US indices had a volatile go at it today. The Dow industrial average had a range of about 800 points The S&P index had a range of 137 points or 2.07% The NASDAQ index had a range of 627 points or 2.28% The initial move was to the downside, and the selling took the price of the…
The Dow Jones Industrial Average (DJIA) caught a healthy rebound on Friday, climbing over 700 points to round out an otherwise bearish trading week. Key Federal Reserve (Fed) officials sounded more willing to deliver an upcoming interest rate cut than rate markets previously expected, bolstering investor sentiment across the board, and the Trump administration is rumored to be weighing…
2025.11.21 2025.11.21 GBP/USD: Elliott Wave Analysis and Forecast for 21.11.25 – 28.11.25 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 1.3215 with a target of 1.2936 – 1.2740. A sell signal: the price holds below 1.3215. Stop Loss: above 1.3215, Take Profit: 1.2936 – 1.2740. Alternative…
Fed commentary ignited a dollar surge that commanded the week. Swiss GDP shocks, sterling’s inflation retreat, and yen intervention warnings delivered five sessions of relentless currency turbulence.
Markets: S&P 500 up 1.0% Gold down $13 to $4060 WTI crude oil down $1.03 to $57.97 US 10-year yields down 3.9 bps to 4.065% Bitcoin down 2.6% to $84,926 JPY leads, CHF lags The mood darkened deeper early on Friday with stock futures sliding and bitcoin falling as low as $80,555. The turnaround initially came on comments from…
EUR/USD posts moderate losses during the North American session on Friday as the US Dollar (USD) holds firm after the release of mixed economic data and dovish comments by Federal Reserve (Fed) officials. The pair trades at 1.1504, down 0.20%, after hitting a two-week low of 1.1491. Euro retreats 0.20% as weak US sentiment contrasts with firmer PMIs, markets…
2025.11.21 2025.11.21 USD/JPY: Elliott Wave Analysis and Forecast for 21.11.25 – 28.11.25 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 155.20 with a target of 159.00 – 162.00. A buy signal: the price holds above 155.20. Stop Loss: below 155.20, Take Profit: 159.00 – 162.00. Alternative…
