USD/CAD trades sideways around 1.3700 as investors await fresh headlines regarding US trade negotiations. The FOMC minutes signaled that a majority of members do not support interest rate cuts in the near term. Investors await the Canadian employment data for June, which is scheduled for Friday. The USD/CAD pair trades in a tight range near 1.3700 during Asian trading…
2025.07.10 2025.07.10 Schaff Trend Cycle: Advanced Market Analysis for Traders Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ The Schaff Trend Cycle STC indicator is a technical analysis tool that combines the advantages of MACD and stochastic oscillators. Its primary features include the implementation of smoothed moving averages and the analysis of cyclical patterns, which help to filter false signals. The STC indicator is particularly…
Don’t look now, but bitcoin is already hovering around its May 2025 highs and might be looking to break higher soon. How high can it go from here? Check out these nearby inflection points I’m watching on the 4-hour time frame: Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView BTC/USD recently busted out of a descending trend channel to suggest…
Fundamental Overview The S&P 500 continues to be supported given the lack of bearish drivers. We haven’t got any meaningful catalyst since the NFP report other than Trump’s tariff letters that were largely ignored by the market given that everyone expects them to be just the usual negotiating tactic. Next week, we have the US CPI report and that…
Gold prices rose in Saudi Arabia on Thursday, according to data compiled by FXStreet. The price for Gold stood at 400.74 Saudi Riyals (SAR) per gram, up compared with the SAR 399.61 it cost on Wednesday. The price for Gold increased to SAR 4,674.15 per tola from SAR 4,660.99 per tola a day earlier. Unit measure Gold Price in…
2025.07.10 2025.07.10 Trump Opens Rift at Fed. Forecast as of 10.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Every action has an equal and opposite reaction. Donald Trump’s criticism is forcing the Fed to counteract. However, there is a split within the US regulator, and this factor is extremely important for the US administration. Let’s discuss this topic and make a trading plan for…
GBP/CHF just caught a bounce off a familiar support level, but the real question is how far it can climb before the bears come sniffing around again. We’re zooming into the 4-hour chart to see if the pound’s making a comeback or just catching its breath before heading back down! GBP/CHF 4-hour Forex Chart by TradingView Traders are dipping…
There are just a couple to take note of on the day, as highlighted in bold. The first one being for EUR/USD at the 1.1700 level once again. The expiries there have been helping to limit downside price action on the week and will play the same role again today in the run up to the US weekly jobless…
NZD/USD struggles to capitalize on the post-RBNZ spike during the Asian session. Reduced Fed rate cut bets and trade jitters benefit the USD and weigh on the Kiwi. The technical setup favors bearish traders and backs the case for additional losses. The NZD/USD pair fades an intraday spike to the 0.6015 area that followed the Reserve Bank of New…
Markets braced for the upcoming release of the FOMC meeting minutes, which then appeared to spur a risk-on and anti-USD reaction. Meanwhile, bitcoin surged close to its all-time highs while dollar weakness ensued while WTI crude oil held its ground above $68 per barrel. Here are headlines you may have missed in the last trading sessions! Headlines: API crude…
