Fed Chair Jerome Powell delivered his highly anticipated address at the Jackson Hole symposium, offering markets fresh insight into the central bank’s policy stance heading into the September FOMC meeting. His remarks acknowledged a “curious balance” in the labor market, persistent though tariff-driven inflation pressures, and the Fed’s ongoing challenge of balancing its dual mandate. Powell struck a tone…
The Pound Sterling (GBP) is entering Friday’s NA session flat vs. the US Dollar (USD) and showing some signs of near-term stability following a bounce off of support at 1.34, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret note. Spreads remain supportive “Domestic releases have been limited, and fundamentals remain supportive given the steady rise in UK-US yield…
2025.08.22 2025.08.22 Cautious Fed and Stronger Dollar Weigh on Gold. Forecast as of 22.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ At first glance, gold seems to have found the perfect environment — a weaker US dollar and falling Treasury yields. But markets change by leaps and bounds. The XAUUSD rally will have to wait. Let’s discuss it and make a trading plan. The…
The price of crude oil is settling at $63.66, up $0.14 or 0.22%. The high for the day reached $63.93, while the low came in at $63.31, leaving a relatively narrow trading range. Looking across the week, the market established a low at $61.45 on Monday, before testing the falling 100-hour moving average and quickly rotating back down to…
There is a chance for New Zealand Dollar (NZD) to test 0.5800 before the risk of a recovery increases. In the longer run, sharp drop seems excessive; for a continued decline, NZD must first break and hold below 0.5800, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Decline is likely if NZD sets foot below 0.5800…
2025.08.22 2025.08.22 Relative Strength Index: Calculator & Formula, Best Setting and Strategies Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ The Relative Strength Index is a powerful oscillator designed to measure the strength of a trend. It was created by J. Welles Wilder in 1978. Even novice traders can apply it in technical analysis. As a practicing trader, I often combine the RSI with Price…
The GBPUSD surged higher, breaking through a series of key resistance levels. The rally cleared the 50% midpoint of the decline from the July 1 high at 1.3463, followed by the 100-hour moving average at 1.3468, and extended to test the 200-hour moving average at 1.3505. The 200-hour moving average now serves as a key risk level for buyers—a…
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2025.08.22 2025.08.22 XAU/USD: Elliott Wave Analysis and Forecast for 22.08.25 – 29.08.25 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 the level of 3,263.30 with a target of 3,600.00 – 3,800.00. A buy signal: if the price holds above 3,263.30. Stop Loss: below 3,210.00, Take Profit: 3,600.00 – 3,800.00….
Proper position sizing is THE single most important skill a forex trader should have. Yup, that’s right – it’s THAT critical! But before we get down and dirty with the details of position sizing, let’s define it first. What is proper position sizing? Simply put, proper position sizing means setting the correct amount of units to buy or sell an asset. In…
