Nasdaq composite index finds support buyers against the 100/200 hour MAs
Nasdaq composite index finds support buyers against the 100/200 hour MAs !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Nasdaq composite index finds support buyers against the 100/200 hour MAs !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Scotiabank strategists Shaun Osborne and Eric Theoret note the Japanese Yen (JPY) is down sharply versus the US Dollar (USD) after a dovishly delivered 25 bps Bank of Japan (BoJ) hike and Governor Ueda’s cautious guidance. Markets are disappointed by the pushback against consecutive hikes, undermining efforts to rebuild confidence in the Yen. For USD/JPY, they flag key moving…
2026.09.18 2026.09.18 USD/CHF: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 0.8171 with a target of 0.8400–0.8588. A buy signal: the local correction ends and the price settles above 0.8171. Stop Loss: below 0.8135, Take Profit: 0.8400–0.8588. Alternative scenario: Breakout and consolidation…
Kansas City Fed’s Schmid: recent data suggest inflation trending above 3% !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
OCBC strategist Christopher Wong notes that the Korean Won remains under pressure as foreign selling of Korean equities persists and elevated US yields after the FOMC continue to weigh. Large-cap technology stocks are at the centre of outflows, though the broader KOSPI has held up. Wong highlights that easing US yields, a softer Dollar and lower Oil may cap…
2026.09.18 2026.09.18 EUR/USD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 1.1450 with a target of 1.1790–1.2088. A buy signal: the price holds above 1.1450. Stop Loss: below 1.1405, Take Profit: 1.1790–1.2088. Alternative scenario: Breakout and consolidation below 1.1450 will allow the…
Bitcoin technicals: The price breaks above 100/200 hour MAs and buyers overwhelm the sellers. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Bitcoin (BTC) rose above $81,000 on Friday after climbing back above the True Market Mean, signaling that the market could potentially have moved back into a bullish regime. Bitcoin reclaims key market level amid growing resistance The True Market Mean, at $76,660, represents the average price paid by active trading participants. BTC’s move back above the level often signals…
2026.09.18 2026.09.18 Gold Has Nothing to Fear. Forecast as of 18.09.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ History shows that gold has often struggled at the start of Fed tightening cycles but ended them higher. As the tightening cycle progressed, much of the fear was already priced into XAU/USD. Let’s discuss this topic and outline a trading plan. The article covers the following…
Beware of intervention: USDJPY retraces earlier gains, but is stalling at a key retracement target. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}