The firm previously made a forecast that the S&P 500 would end the year at 6,200 but has now revised that to 6,600. A dip back to their previous target would imply a drop under 3%, which wouldn’t be anything too substantial to be fair given the 30% jump since the April lows. But clearly, it seems their take…
Gold price declines to near $3,325 as investors turn cautious ahead of Fed Powell’s speech at Jackson Hole Symposium. Fed members: Michelle Bowman and Christopher Waller supported interest rate cuts in the July meeting. Investors expect the Fed to cut interest rates in the September meeting. Gold price trades 0.6% lower to near $3,325.00 during the European trading session…
2025.08.22 2025.08.22 USD/CHF: 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 0.8025 with a target of 0.8400 – 0.8550. A buy signal: the price holds above 0.8025. Stop Loss: below 0.7960, Take Profit: 0.8400 – 0.8550. Alternative…
Ethereum (ETH), the most prominent altcoin, was recently approaching its 2021 ATH (all-time high). In July 2025, its value gained 85%, driven by heavy institutional buying, adoption from corporate accumulators, and tightening supply. On 14 August, it rose to $4,792, almost hitting the previous ATH of around $4,867, but then rolled back. In this article, Octa, a globally regulated…
It all looks fairly quiet on the FX front this morning as markets await tomorrow’s comments from Fed Chair Powell. The US Dollar (USD) is narrowly mixed against the majors but minor losses versus the EUR and GBP leaves the Dollar Index (DXY) tracking a little lower on the session (and looking prone to more softness), Scotiabank’s Chief FX…
2025.08.22 2025.08.22 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 22.08.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The correction is completed. Expect the price to rise in sub-wave 5 to a high of 124,560.00. Consider long positions….
Summary for the busy crypto investors You can talk about fair value in crypto, but it is different from equity DCF (discounted cash flow) methods. For Bitcoin, think digital commodity: Scarcity, network usage, miner economics. For Ethereum, think platform token: Supply burn, staking, and network demand. Psychology and technicals can dominate timing. Fair value is a regime map, not…
The Canadian Dollar (CAD) is trading little changed from where we were for most of the session yesterday, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. CAD remains quite undervalued versus USD “Spot trends remain a slave to the broader USD tone and technical drivers at the moment. Factors that typically influence the CAD are somewhat mixed—…
Global flash PMIs painted a generally more optimistic view of business conditions, sparking some risk rallies here and there. Dollar strength still emerged as the dominant theme for the most part of the day, though, with traders busy positioning ahead of Fed head Powell’s Jackson Hole speech. Here’s how major asset classes performed in the latest trading sessions. Headlines:…
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…
