Release time: Thursday, July 3 at 8:30 am ET Consensus estimate +110K Estimate range +50K to +160K May was +139K Private consensus +105K versus +140K prior Unemployment rate consensus estimate 4.3% Prior unrounded unemployment rate 4.244% Prior participation rate 62.4% Prior underemployment U6 7.8% Avg hourly earnings y/y exp +3.9% versus +3.9% prior Avg hourly earnings m/m exp +0.3%…
IONQ Elliott Wave analysis Function: Counter Trend. Mode: Corrective. Structure: Corrective. Position: Wave A of y. Direction: Downside in Wave C Details: Price targeting $25 and then $20 as Wave C nears completion. In the daily timeframe, IonQ, Inc. (IONQ) is advancing through the final stages of its corrective structure. Wave C, within Wave y, is leading the price…
2025.07.02 2025.07.02 Euro May Climb Too High. Forecast as of 02.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The current winning streak for the EURUSD pair is the longest since 2004, causing concern among ECB officials. They are resorting to verbal interventions. However, the experience of the Bank of Japan suggests that this approach does not guarantee the desired results. Let’s discuss this topic…
Markets kicked off the second half of the year with a fresh batch of economic data, political headlines, and policy clues that kept traders on their toes. From stronger-than-expected global PMIs to Powell’s cautious tone and oil’s rebound, the session offered no shortage of signals for those watching central banks and risk sentiment. Here are headlines you may have…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Gold price pauses above $3,340 as markets look ahead to Thursday’s Nonfarm Payrolls (NFP) report. President Trump’s tax bill heads to the House of Representatives after passing the Senate on Tuesday. Fiscal concerns support demand for bullion. XAU/USD price action stalls below the 20-day simple moving average, providing resistance at $3,350. Gold (XAU/USD) price is trading in a tight…
2025.07.02 2025.07.02 Gold Soars As Investors Flock to Safety. Forecast as of 02.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While Donald Trump and Elon Musk are engaged in a dispute over the “Big, Beautiful Bill,” gold market participants are evaluating the potential risks. Will fiscal stimulus boost or hurt XAUUSD quotes? Let’s discuss this topic and make a trading plan. The article covers…
Are you still on track to meet your trading goals? Are your trading systems living up to their back and forward testing potential? If you feel frustrated over your performance, don’t worry. It may be that you’re forgetting a few basic truths about trading. Let’s take a reality check on some truths that not a lot of traders will…
Early release by the source. US-based employers announced 47,999 job cuts for the month of June this year. Compared to the same month last year, job cuts were down 2%. That brings the total number of layoffs in Q2 itself to 247,256 job cuts. That is up 39% from the 177,391 job cuts in Q2 last year and the…
Gold price struggles to attract any meaningful buyers amid a combination of diverging forces. A modest USD bounce from a multi-year low and a positive risk tone caps the XAU/USD pair. Fed rate cut bets keep a lid on the USD and support the XAU/USD pair amid trade uncertainties. Gold price (XAU/USD) seesaws between tepid gains/minor losses through the…
