As London/European traders look for the exits, the major indices are closing sharply lower. The tariff news and threats of global slowdown (highlighted by the US jobs report) helped to push prices lower. A snapshot of the closing levels shows: German DAX, -639.50 points or -2.66% at 23425.98. France’s CAC, -225.80 point or -2.91% at 7546.17. UK’s FTSE 100…
USD/JPY drops from 150.91 to 147.28 on soft Nonfarm Payrolls. Pair falls below 200-day and 20-day SMAs, RSI turns bearish. Next key support sits at 145.71, where 50- and 100-day SMAs converge. The USD/JPY is set to end the week with losses of 0.18% after a worse-than-expected employment report in the United States (US) opened the gates for safe-haven…
2025.08.01 2025.08.01 Short-Term Analysis for Oil, Gold, and EURUSD for 01.08.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil is trading in a correction within…
Pres. Trump has posted a warning to Russia due to provocative statements from the former Pres. of Russia Dmitry Medvedev. He writes. Recall, Medvedev, now deputy chairman of Russia’s Security Council, criticized former U.S. President Donald Trump for issuing ultimatums aimed at Russia. In a message on X a few days ago, he wrote: “Each new ultimatum is a…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
2025.08.01 2025.08.01 USD/СAD: Elliott Wave Analysis and Forecast for 01.08.25 – 08.08.25 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 1.3571 with a target of 1.4018 – 1.4168. A buy signal: the price holds above 1.3571. Stop Loss: below 1.3535, Take Profit: 1.4018 – 1.4168. Alternative…
The July U.S. jobs report shifted the narrative swiftly. Atlanta Fed President Bostic acknowledged this change, noting that the data warrants a reassessment of Fed policy—shifting the emphasis from inflation risks alone to a more balanced view that includes growing concerns about the labor market. The report clearly points to a loss of momentum in job growth, signaling a…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
2025.08.01 2025.08.01 EUR/USD: Elliott Wave Analysis and Forecast for 01.08.25 – 08.08.25 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 1.1772 with a target of 1.1200 – 1.1004. A sell signal: the price holds below 1.1772. Stop Loss: above 1.1810, Take Profit: 1.1200 – 1.1004. Alternative…
Oil rigs -5 at 410 Gas rigs +2 at 124 Total -2 at 540 Crude oil is sharply lower with the price down -2 dollars at $67.27. The low price reached $67.05. Looking at the hourly chart below, the price decline is testing its 200-hour moving average at $67.08. Earlier today, the price fell below the 100-hour moving average…
