GBP/USD drops over 0.40%, pressured by weak UK data and BoE-Fed policy divergence favoring Dollar strength. Israel strikes Iranian nuclear and military sites; Iran retaliates with drone barrage, fueling global risk-off mood. US Dollar rallies on safe-haven flows and upbeat University of Michigan sentiment report for June. GBP/USD tumbled over 0.40% on Friday as geopolitical tensions triggered a flow…
2025.06.13 2025.06.13 XAU/USD: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 3291.20 with a target of 3600.00 – 3800.00. A buy signal: the price holds above 3291.20. Stop Loss: below 3255.00, Take Profit: 3600.00 – 3800.00. Alternative…
A single mistake could spell the difference between winning and losing a trade. This is why it’s important that you develop the habit of thoroughly planning your orders. Here are four steps you can follow to build good ordering habits: 1. Identify your entry, stop loss, and profit levels I won’t go into the “whys” of a trade since…
Israel struck Iran with military action on their nuclear facilities and an ballistic military factories along with military leaders. That sent the US dollar higher. US yields are also marginally higher which is a bit unusual . Looking at the US yields: 2-year yield 3.911%, +0.6 basis point 5 year yield 3.962%, +0.4 basis points 10 year yield 4.359%,…
Brent crude is showing bullish continuation signals after confirming a double bottom and breaking above its consolidation range, with momentum indicators pointing toward further upside, Société Générale’s FX analysts note. Technical breakout in Brent crude signals further upside potential “Brent formed a double bottom near $58.40 recently and has overcome the upper limit of its base highlighting possibility of…
2025.06.13 2025.06.13 Platinum Leaves Gold Behind. Forecast as of 13.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Platinum is having its moment this summer. The precious metal is on track for its best monthly performance since 2008, driven by tightening supply and surging demand. It is a compelling alternative to gold. Let’s discuss it and make a trading plan. The article covers the following…
Prior +2.6%; revised to +2.4% Looking at the breakdown, there were decreases in output all around for intermediate goods (-0.7%), energy (-1.6%), capital goods (-1.1%), durable consumer goods (-0.2%), and non-durable consumer goods (-3.0%). This article was written by Justin Low at www.forexlive.com.
Bloomberg reported Japan’s top trade negotiator Ryosei Akazawa saying on Friday that “generally speaking, if we reach a deal it should secure special treatment for Japan, and exclude it from rules that apply to most countries,” when asked about US President Donald Trump’s comments that indicated he’s considering raising tariffs on imported cars further to boost production in the…
2025.06.13 2025.06.13 US Dollar Rises Due to Risk-Off Sentiment. Forecast as of 13.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ In a rapid sequence of events, investors accepted that the Fed would soon make a rate cut, and Israel launched an attack on Iran’s nuclear facilities. The ongoing conflict in the Middle East may accelerate inflation in the US. Let’s discuss this topic and…
Iran International reports that “the sixth round of talks with the United States will not be held following the Israeli attacks” citing senior Iranian lawmaker Aladdin Boroujerdi, a member of parliament’s National Security and Foreign Policy Commission. This article was written by Giuseppe Dellamotta at www.forexlive.com.
