The Dow Jones is struggling to stay in the green as it wraps up a wobbly trading week. UoM Consumer Sentiment Index figures showed US consumers are recovering from April’s tariff tilt. Key earnings misses on Friday are dragging the major equity index down for the day. The Dow Jones Industrial Average (DJIA) wobbled on Friday, testing fresh weekly…
2025.07.18 2025.07.18 WTI Crude Oil: Elliott Wave Analysis and Forecast for 18.07.25 – 25.07.25 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 63.43 with a target of 80.50 – 85.00. A buy signal: the price holds above 63.43. Stop Loss: below 61.00, Take Profit: 80.50 –…
FX markets weathered Trump’s tariff threats & dramatic Fed Chair firing rumors, further elevating political and economic uncertainty for forex traders
The NASDAQ index is closing the day higher and has closed at record levels each day of this week. The gain however, was marginal with a rise of only 0.05%. Nevertheless, it was good enough for a record. The NASDAQ has closed at a record level 11 different times this year. The index rose 11.39 points or 0.5% to…
Spotify (SPOT) Elliott Wave Analysis | Trading Lounge Daily Chart SPOT Elliott Wave Technical Analysis FUNCTION: Counter-Trend MODE: Corrective STRUCTURE: Flat POSITION: Wave {iv} of 5 DIRECTION: Potential bottom forming in Wave {iv} Analysis:Spotify (SPOT) appears to be in the later stages of a corrective flat pattern on the daily chart, forming Wave {iv} of the broader Wave 5 sequence. Price action has remained around the mid-line of a temporary parallel…
2025.07.18 2025.07.18 XAU/USD: Elliott Wave Analysis and Forecast for 18.07.25 – 25.07.25 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 3250.00 with a target of 3600.00 – 3800.00. A buy signal: the price holds above 3250.00. Stop Loss: below 3200.00, Take Profit: 3600.00 – 3800.00. Alternative…
Oil rigs -2 to 422 Gas rigs +9 to 117 Total rigs +7 at 544 This article was written by Greg Michalowski at www.forexlive.com.
United States Business Inventories meets expectations (0%) in May
2025.07.18 2025.07.18 USDT TRC-20 vs. ERC-20: A Comprehensive Comparison Sevastian Abakumetshttps://www.litefinance.org/blog/authors/sevastian-abacumez/ TRC20 and ERC20 are two token standards operating on different networks: TRC20 on the Tron network and ERC20 on the Ethereum blockchain. Both standards facilitate the issuance and management of tokens, including stablecoins such as USDT. However, they differ in their characteristics. It is important for users to…
Demo trading is important for building skill development and trading psychology before putting real money on the line. Problem is, lots of traders slack off after a while. They question why they should even waste their time on demo trading when they can “speed up” the learning curve by going live already. It not only familiarizes you with a…
