2025.06.13 2025.06.13 USD/JPY: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 145.50 with a target of 138.65 – 131.50. A sell signal: the price holds below 145.50. Stop Loss: above 145.90, Take Profit: 138.65 – 131.50. Alternative…

Read more

Israel this morning that Iran will pay a heavy price for its missile attack on populated areas: Israel may hit energy facilities in response If Israel attacks Kharg Island, that would be a big thing: Kharg Island is critically important to Iran’s oil industry—both strategically and economically. Here’s why: Location & Infrastructure Situated in the Persian Gulf, about 25…

Read more

Bullion rallies to five-week high amid geopolitical tension and dovish Fed outlook Israel strikes Iran, fueling fears of broader war and driving flight to safety into Gold. XAU/USD hits $3,446 before easing on profit-taking; eyes next week’s Fed decision and US data slate. Gold price rallied for the third consecutive day after the Israel-Iran conflict erupted on Friday, triggering…

Read more

2025.06.13 2025.06.13 WTI Crude Oil: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 60.03 with a target of 80.70 – 87.75. A buy signal: the price holds above 60.03. Stop Loss: below 59.50, Take Profit: 80.70 –…

Read more

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…

Read more

GBP/USD drops over 0.40%, pressured by weak UK data and BoE-Fed policy divergence favoring Dollar strength. Israel strikes Iranian nuclear and military sites; Iran retaliates with drone barrage, fueling global risk-off mood. US Dollar rallies on safe-haven flows and upbeat University of Michigan sentiment report for June. GBP/USD tumbled over 0.40% on Friday as geopolitical tensions triggered a flow…

Read more

2025.06.13 2025.06.13 XAU/USD: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 3291.20 with a target of 3600.00 – 3800.00. A buy signal: the price holds above 3291.20. Stop Loss: below 3255.00, Take Profit: 3600.00 – 3800.00. Alternative…

Read more

A single mistake could spell the difference between winning and losing a trade. This is why it’s important that you develop the habit of thoroughly planning your orders. Here are four steps you can follow to build good ordering habits: 1. Identify your entry, stop loss, and profit levels I won’t go into the “whys” of a trade since…

Read more

Israel struck Iran with military action on their nuclear facilities and an ballistic military factories along with military leaders. That sent the US dollar higher. US yields are also marginally higher which is a bit unusual . Looking at the US yields: 2-year yield 3.911%, +0.6 basis point 5 year yield 3.962%, +0.4 basis points 10 year yield 4.359%,…

Read more

Brent crude is showing bullish continuation signals after confirming a double bottom and breaking above its consolidation range, with momentum indicators pointing toward further upside, Société Générale’s FX analysts note. Technical breakout in Brent crude signals further upside potential “Brent formed a double bottom near $58.40 recently and has overcome the upper limit of its base highlighting possibility of…

Read more