Chart Art: NZD/JPY Heading for Triangle Top, Bounce or Break?
NZD/JPY has been consolidating inside an ascending triangle and appears ready for another test of resistance. Will it hold or fold?
NZD/JPY has been consolidating inside an ascending triangle and appears ready for another test of resistance. Will it hold or fold?
Alberta Premier Danielle Smith has confirmed a non-binding October referendum asking residents whether the province should begin the legal process toward a possible independence vote. Summary: Source: Reuters, citing Premier Danielle Smith’s televised address and provincial legislative committee recommendations Alberta Premier Danielle Smith confirmed the province will hold a non-binding referendum in October on whether residents want to remain…
Senior Iranian officials said that no deal has been reached with the United States (US), but gaps have been narrowed, Reuters reported on Friday. However, Islamic Republic’s Supreme Leader, Mojtaba Khamenei, stated that Iran’s uranium enrichment and Tehran’s control over the Strait of Hormuz remain among the sticking points. Market reaction At the time of writing, the West Texas Intermediate…
2026.05.21 2026.05.21 Dollar Bulls Remain in Control Despite Market Pullbacks. Forecast as of 21.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Although EUR/USD bears have loosened their grip, they still dominate the market. Declines in oil prices and Treasury yields appear to be temporary, and the S&P 500 is unlikely to resume rapid growth anytime soon. Let’s examine the situation and develop a trading…
Market sentiment pivoted on Thursday as shifting headlines around US-Iran peace talks drove a choppy and mixed session across asset classes, with equities extending their weekly advance and oil reversing a significant intraday gain on hopes that a Hormuz reopening could be approaching. A dense global data slate, including a four-year high in US Manufacturing PMI, a near-complete collapse…
ISNA, the Islamic Students News Agency, is a semi-official Iranian news agency, considered a credible, if state-adjacent, outlet for government-linked reporting: Talks between Iran and the United States are continuing through Pakistani intermediaries, with the exchanges focused on laying the groundwork for a potential deal. Also, Pakistan’s interior minister will remain in Tehran on Friday to continue consultations and…
BNY’s Geoff Yu highlights that South Korean equities, especially AI and semiconductor names, face tightening financial conditions even as the KOSPI remains a top global performer. iFlow shows heavy institutional selling and extended outflows, which could now weigh on the Korean Won. Elevated inflation expectations and higher input costs across Asia suggest ongoing pressure on EM APAC positioning. Tech-led…
2026.05.21 2026.05.21 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.05.2026 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 Elliott Wave analysis. The market situation remains unchanged. Hold open positions. The article covers the following subjects: Major Takeaways BTCUSD: The final part of a bullish impulse continues developing. Consider long positions with a…
Wednesday’s session pivoted on two forces pointing in sharply different directions. President Trump’s assertion that US-Iran peace negotiations are approaching resolution sent crude oil tumbling below $100 per barrel and lifted equities and risk-sensitive currencies, while minutes from the Federal Reserve’s April 28–29 meeting confirmed a plainly hawkish internal debate, with a majority of officials warning that rate hikes…
Iran’s ILNA news agency posted on their Telegram channel an Al-Arabiya TV claim about US and Iran reaching an agreement on a draft mediated by Pakistan. They say it’s expected to be announced in the next few hours. (h/t @LiveSquawk on X for catching this early) The draft includes: Immediate and comprehensive ceasefire on all fronts The Parties mutually…