Dow Futures (YM) has surged to a new all-time high, reinforcing the prevailing bullish trend. The cycle from the April 2025 low remains active and is unfolding as a five-wave impulsive structure. Within this sequence, wave (3) concluded at 48,214. The subsequent decline in wave (4) developed as a zigzag Elliott Wave formation. From the peak of wave (3),…
NZD/CAD has been cruising below a descending trend line with its higher highs on the 4-hour time frame. Will this resistance continue to hold on a pullback? Take a look at this area of interest spanned by the Fib retracement levels! NZD/CAD 4-hour Forex Chart by TradingView Weaker than expected economic data from New Zealand have been propping up…
Trump will sign the bill imminently to reopen the US government. bill passed the Senate 60-40 earlier this week bill then passed in the House 222-209 just now Earlier: Full SNAP benefits to restart within 24 hours once shutdown ends, USDA says This article was written by Eamonn Sheridan at investinglive.com.
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that the Japanese central bank will strive to create strong economy so that tax revenues rise without tax hikes. Key quotes BoJ striving to achieve moderate inflation backed by wage growth by helping improve economy. BoJ aims to achieve sustained economic growth benefiting public. Consumption resilient due to improvement in household income,…
2025.11.11 2025.11.11 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.11.2025 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 three cryptocurrencies continue to trend lower. The article covers the following subjects: Major Takeaways BTCUSD: The final part of the bearish impulse appears to be forming, with…
The U.K. jobs report reflected a worsening picture of the labor market, as the October claimant count change came in higher than expected at 29K versus the 17.6K consensus while the unemployment rate rose to 5.0%. Wage growth also slowed, with the average earnings index slipping from 5.0% to 4.8% instead of holding steady for the three-month period ending…
more to come — Expectations I had seen centred on: Headline crude +2 mn barrels Distillates -2 mn bbls Gasoline -1.9 mn — This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companies The official report is due Wednesday morning US time. Shut down permitting. The…
The US Dollar (USD) remains under pressure as investors tilt into a risk-on stance ahead of an expected vote to re-fund the US government on a short-term basis. A vote on a short-term funding solution on the floor of the lower US House of Representatives is expected during the overnight session. A successful vote will likely see risk appetite…
2025.11.12 2025.11.12 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.11.2025 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 cryptocurrencies continue to move in a downtrend. The article covers the following subjects: Major Takeaways BTCUSD: The final part of the bearish impulse appears to be forming,…
The UK job market just took a nose dive, and traders everywhere are wondering what’s next for the Pound. Will the Bank of England rescue the economy in December with a rate cut? With unemployment spiking, wage growth slowing, and a big budget decision looming, GBP looks stuck in “wait and see” mode. Dive in as we break…
