The major stock indices are closing lower on the day after stalling during a midday rally. Each of the 3 major indices stayed in in negative territory for the entire day. A snapshot of the closing levels shows: Dow industrial average -498.50 points or -1.07% at 46091.74. At session highs, the index was still down -207.32 points S&P index…
The Dow Jones Industrial Average faced renewed downside pressure on Tuesday, tumbling 680 points from the previous day’s close at its lowest before finding a half-hearted technical floor near 46,255. The major equity index has pushed into a fourth consecutive bearish day as investors face headwinds on multiple fronts. Limited US jobs data does little to help the mood…
2025.11.18 2025.11.18 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.11.2025 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 price is expected to rise soon in the first part of wave , which may develop as an…
If you’ve been watching Sterling wobble over the past few weeks, you’re not alone. The British pound is having trouble sustaining any bullish demand as traders wait nervously for one thing: The “Wicked: For Good” movie release. Just kidding. I’m talking about Chancellor Rachel Reeves’s Autumn Budget on November 26! This isn’t just another routine fiscal announcement. With the UK…
Google is now winning the AI war. There has been something of a hype campaign around the release of Gemini 3 but people were skeptical. We have seen this before from OpenAI where they constantly hint that a new model is revolutionary and then release it and it’s not. So when Google was doing the same thing, AI watchers…
EUR/USD returns to levels above 1.1600 at the time of writing, after bouncing from weekly lows right below 1.1580, and turns positive on daily charts. The pair has drawn some support from downbeat US employment data, but traders remain reluctant about placing large US Dollar (USD) shorts, ahead of a backlog of US economic reports due later this week….
2025.11.18 2025.11.18 Gold Edges Lower Amid Fading Fed Rate Cut Hopes. Forecast as of 18.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Rumors about a Fed pause in December have triggered a pullback in the S&P 500 index. As a rule, investors often sell gold to meet margin requirements on stocks. Let’s discuss this topic and make a trading plan for the XAU/USD. The…
Canada’s October inflation report showed headline CPI easing to 2.2% y/y from September’s 2.4%, slightly above the 2.1% consensus forecast. While the cooling was driven primarily by falling gasoline and grocery prices, persistent strength in core measures kept Bank of Canada (BOC) rate hold expectations firmly in place. Here are the major points from the release: Key Takeaways Headline…
The US stocks are lower. The USD yields are lower. The USD is mixed (but little changed) vs the major currency pairs to kickstart the US/North American session. In the video, I kickstart the US trading session by looking at the EURUSD, USDJPY and GBPUSD from a technical perspective. What are the roadmaps for traders today? I will enlighten…
Expectations for a December BOE rate cut are running pretty high, so a weak U.K. CPI print could spell further downside for GBP/AUD and GBP/CHF. Our Event Guide for the U.K. Inflation Report lists leading indicators reflecting a decline in input costs for October, along with slower wage growth. Will these resistance levels be enough to…
