Had a very constructive meeting with China foreign minister Wang Yi US and China have to have relations, communication Rubio spoke on the sidelines with Wang Yi after the ASEAN ministerial meeting in Malaysia. As for the Trump-Xi meeting, Rubio says that no date in mind was discussed though. So, make what you will of those “high” odds. This…
Here is what you need to know on Friday, July 11: The US Dollar (USD) outperforms its major rivals as safe-haven flows dominate the action in financial markets early Friday, with the USD Index staying in positive territory above 97.50 in the European session. In the second half of the day, Statistics Canada will publish the employment report for…
2025.07.11 2025.07.11 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.07.2025 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 article covers the following subjects: Major Takeaways BTCUSD: The price is rising in the fifth part of a bullish impulse to a high of 120,350.39. Consider long positions….
Financial markets dealt with a fresh round of tariffs announcements and threats of countermeasures, after Trump slapped higher trade levies on Brazil and Sri Lanka. Meanwhile, the OPEC downgrade on global demand forecasts for the next years weighed heavily on crude oil prices. Oh, and did we mention that bitcoin struck fresh record highs at $116K? Here are headlines…
The upside run continues as we look towards European trading, with Bitcoin now touching $118,000. There’s no major catalyst of sorts but demand conditions are staying very much underpinned for the cryptocurrency. The move away from the dollar has definitely raised a lot of awareness about portfolio diversification in the first half of the year. It’s really looking like…
EUR/USD gains ground as the US Dollar weakens amid renewed tariff concerns. Trump’s new letters detail individual tariff rates ranging from 20% to 50% on eight countries, taking effect starting August 1. The Euro advances following the news of the White House not targeting the EU with additional tariffs. EUR/USD appreciates after registering mild losses in the previous session,…
Missed the trend line breakout on AUD/CHF? The pair could still be gearing up for a pullback to the former resistance area that could now hold as support. Take a look at these potential correction levels on the hourly chart: AUD/CHF 1-hour Forex Chart by TradingView Strong risk-on flows appear to be kicking in, lifting the higher-yielding Australian dollar…
I posted earlier on the recovery /retracement for major FX against the USD after the CAD tariff news: USD surge after Trump’s 35% tariff hit on Canada is retracing While that has stalled, it never even began for JPY. Its weakened consistently. There has been no news nor data for yen today apart from what has already been posted….
AMCOR PLC – AMC Elliott Wave technical analysis Today’s Elliott Wave analysis from TradingLounge focuses on AMCOR PLC (ASX:AMC). We identify significant upward potential in the AMC stock. The chart suggests the beginning of a third wave. In this breakdown, we detail the projected price targets and the invalidation level that defines the validity of this wave forecast. AMCOR…
The news: Trump letter 35% tariff on Canada. Trump has hit Canada very nard with a 35% tariff rate. Trump says will send tariff letters informing EU, Canada of the rates by Friday Trump’s letter to Canada – The Canada dollar has fallen sharply with Trump’s 35% tariff rate on the country The US dollar has jumped higher with…
