USD/CHF is holding steady above the .8000 psychological handle, putting the pair comfortably over a key resistance zone. What’s up with that? Here’s what we’re seeing on the 4-hour time frame: USD/CHF 4-hour Forex Chart by TradingView The Greenback gained ground on Tuesday, likely helped by traders taking profits from recent losses and by investors seeking safety as political…
I’m starting to lose track but that’s now jobs, inflation, retail sales, and now public finances data that have encountered a cock up? Geez. The HMRC is out with a note that it has identified an error in VAT cash receipts, which impacts its reporting from April 2025 to August 2025 (though ONS cites the impacted period to their…
The US Dollar (USD) extended its weekly recovery, advancing to new two-week highs in a context dominated by the risk-off sentiment. Meanwhile, there was no news regarding negotiations to end the ongoing US government shutdown. Here’s what to watch on Wednesday, October 8: The US Dollar Index (DXY) added to Monday’s gains and surpassed the 98.50 level on Tuesday,…
2025.10.07 2025.10.07 Wave Theory by Robert Prechter: A Comprehensive Guide to Analyzing Price Charts Michael Hypovhttps://www.litefinance.org/blog/authors/mikhail-hypov/ Over its nearly 90-year history, the Elliott Wave Theory has inspired a variety of interpretations, but only two have become foundational in technical analysis. This article explains everything you need to know about Robert Prechter’s wave theory, highlighting what makes his work particularly…
WTI crude oil fell through support around the $62 per barrel mark and now seems ready to retest this area of interest. Will it hold as resistance? WTI Crude Oil (USOIL) 4-hour Chart by TradingView Resurfacing oversupply concerns, this time driven by the OPEC+ rumored production increase and resumed Iraqi Kurdistan crude flows to Turkey, dragged WTI crude oil…
1320 GMT / 0920 US Eastern time St. Louis Federal Reserve Bank President Alberto Musalem gives welcome remarks before the 2025 Community Banking Research Conference at the Federal Reserve Bank of St. Louis. 1330 GMT / 0930 US Eastern time Federal Reserve Board Governor Michael Barr speaks at the 2025 Community Banking Research Conference in St. Louise, Missouri. 1800…
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Tuesday as renewed Greenback strength keeps the pair on the defensive. At the time of writing, AUD/USD is hovering near 0.6585, slipping below the 0.6600 psychological mark and trading within the narrow 0.6580-0.6620 band that has contained price action since last week. The near-term bias remains slightly…
2025.10.07 2025.10.08 Weekly Economic Calendar for 13.10.2025–19.10.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Elevated volatility continues to stir up the markets, affecting not only the US dollar and major stock indices but also other major currencies across the board. The highlight of last week was the release of the Fed’s September meeting minutes on Wednesday. Investors continue to expect two more rate cuts…
Markets displayed mostly choppy & divergent patterns on Tuesday as the lack of a fresh major catalyst meant traders continued to navigate political upheaval in France, Japan’s leadership transition, and the ongoing U.S. government shutdown. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines & Data: New Zealand NZIER Business Confidence for…
Goldman Sachs vice chair Robert Kaplan says gold’s 40% year-to-date surge to $4,000 is a “red light” for investors, warning that deficit fears are eroding confidence in Treasuries and shifting safe-haven demand toward bullion. investingLive Exclusive 29m ago
