2025.06.06 2025.06.06 Silver Closing the Gap with Gold. Forecast as of 06.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ After a slow start, silver has gained momentum heading into summer. The XAG/USD rally was fueled in part by gold’s failure to hold above the psychologically important $3,500/oz level. Let’s discuss it and make a trading plan. The article covers the following subjects: Major Takeaways…

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Just when you thought markets were settling into summer mode, this week in the markets served up a five-day masterclass in why traders need strong coffee and stronger nerves. We had Trump doubling down on tariffs, the ECB playing rate-cut bingo for the eighth time, and a steady stream of U.S. jobs data that swung from “apocalypse now” on…

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CIBC economists dug through today’s Canadian employment report and see a jobs market that continuing to gradually weaken. The country added 8.8K compares compared to a -12.5K consensus but unemployment ticked up to 7.0% from 6.9%. “Trade sensitive areas such as manufacturing and transportation & warehousing unsurprisingly showed weakness, but for now that is being offset by job growth…

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FuelCell Energy came out with a quarterly loss of $1.79 per share versus the Zacks Consensus Estimate of a loss of $1.51. This compares to loss of $2.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -18.54%. A quarter ago, it was expected that this fuel cell…

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2025.06.06 2025.06.06 EUR/USD: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25 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 1.1350 with a target of 1.1750 – 1.2050. A buy signal: the price stops declining and bounces upward from the level of 1.1350. Stop Loss: below…

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Trade drama and monetary shifts sent currencies spinning this week, lead by Trump’s tariff hike, ECB rate cuts, & swings in U.S. jobs data.

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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…

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S&P 500 reaches 6,000 for the first time in 15 weeks. May NFP shows job gains at 139K, above the 130K consensus. AVGO, DOCU stocks shed weight on earnings guidance. Musk and Trump patch up their differences from Thursday’s war of words. The S&P 500 has dashed up above 6,000 on Friday morning after the May Nonfarm Payrolls (NFP)…

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2025.06.06 2025.06.06 GBP/USD: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25 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 1.3488 with a target of 1.3750 – 1.4000. A buy signal: the correction ends and the price resumes rising from 1.3488. Stop Loss: below 1.3410, Take…

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It’s tragic that we’ve gone backwards in aviation in some ways in the past 30 years. The Concorde was a symbol of progress and it would be wonderful if I live to see the return of supersonic commercial aviation. The fastest trip the plane did from New York to London was 2 hours and 52 minutes. At supersonic speeds,…

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