The EURUSD is higher in the week but had its shares of ups and downs. Yesterday, the price made a run to the downside, but found support buyers against its rising 200 hour moving average, the underside of the broken trendline, and the high of a swing area. That kept the buyers in play in the price pushed higher…
The Dow Jones found new all-time highs on Friday before trimming gains. US consumer sentiment took an unexpected hit in August. Consumers are beginning to sour on economic outcomes as tariff effects begin to crop up. The Dow Jones Industrial Average (DJIA) surged to record highs early on Friday, touching chart territory north of 45,250 for the first time…
2025.08.15 2025.08.15 USD/CHF: Elliott Wave Analysis and Forecast for 15.08.25 – 22.08.25 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 0.8016 with a growth target of 0.8400 – 0.8550. A buy signal: the price holds above 0.8016. Stop Loss: below 0.7975, Take Profit: 0.8400 – 0.8550….
President Trump’s plane has landed in Alaska ahead of his meeting with Russian President Vladimir Putin, scheduled to begin at 3 PM ET — about 40 minutes from now. Reports indicate the talks could last for hours, meaning any outcomes are unlikely before the U.S. market close. Objective: The primary goal is to find a solution to the Russia–Ukraine…
United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting in Alaska late Friday, with both parties delivering mutually inconclusive statements. Trump and Putin both delivered vague promises of “progress” on multiple fronts, but initial details remain light. Now, President Trump will be pivoting to hand-delivering Russia’s peace proposals on Ukraine to both…
2025.08.15 2025.08.15 EUR/USD: Elliott Wave Analysis and Forecast for 15.08.25 – 22.08.25 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 1.1385 with a growth target of 1.2050 – 1.2400. A buy signal: the price holds above 1.1385. Stop Loss: below 1.1340, Take Profit: 1.2050 – 1.2400….
As the leaders respective planes land on the tarmac in Alaska, and the world awaits the vision of both leaders on US soil, the US has reportedly readied a suite of options to punish Russia if the talks fail. Including sanctions on Rosneft and Lukoil if Putin balks on cease-fire. The hype has been laid for this type of…
Gold price consolidates around $3,340 as investors await a meeting between US President Trump and Russian leader Putin. US Trump hinted that Russia’s Putin might agree to end the war in Ukraine. Traders remain confident that the Fed will reduce interest rates in September. Gold price (XAU/USD) trades with caution around $3,340 during the European trading session on Friday….
2025.08.15 2025.08.15 GBP/USD: Elliott Wave Analysis and Forecast for 15.08.25 – 22.08.25 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 1.3132 with a growth target of 1.3850 – 1.4000. A buy signal: the price holds above 1.3132. Stop Loss: below 1.3090, Take Profit: 1.3850 – 1.4000….
U.S. equities ended the session with a mixed performance as investors weighed hopes for peace, hopes for a rate cut, but concerns about inflation continue to weigh as import prices rose sharply. The Dow Jones Industrial Average managed to avoid finishing in negative territory largely due to a sharp gain in UnitedHealth Group (UNH), which jumped 11.98%. The rally…
