GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets GBP/USD extended its gains on Thursday following the release of another inflation report in the United States (US), which increased the odds that the Federal Reserve (Fed) could resume its easing cycle sooner than expected. This, along with a rise in jobless claims, was a tailwind…
2025.06.12 2025.06.12 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.06.2025 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 bulls are heading for a high of 115,288.15. Consider buying with Take Profit at 115,288.15 XRPUSD: The price…
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…
United States EIA Natural Gas Storage Change came in at 109B, above expectations (108B) in June 6
2025.06.12 2025.06.12 Short-Term Analysis for Oil, Gold, and EURUSD for 12.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro continued to rise today. The article covers…
Markets appeared less enthusiastic about trade negotiations between the U.S. and China while turning their attention to the U.S. inflation report for May. Meanwhile, worsening geopolitical tensions in Iran sparked a huge rally for crude oil later in the day. Here are headlines you may have missed in the last trading sessions! Headlines: Japan’s PPI slumped from 4.1% to…
Initial jobless claims: Prior week initial jobless claims 247K revised to 248K Initial jobless claims 248K versus 240K estimate. Highest since October 2024 4 week moving average of initial jobless claims 240.25K versus 235.25K last week Continuing claims: Prior week 1.902 million revised from 1.904 million. Continue climb to 1.956 million versus 1.910 million estimate. The 3rtd week higher…
The US Dollar (USD) is weak and losing ground against all of the G10 currencies while showing marginal gains vs. MXN, Scotiabank’s Chief FX Strategist Shaun Osborne notes. USD weakens broadly on trade headlines “The performance distribution of G10 FX is varied however, with notable strength in Europe and outperformance for SEK, CHF, NOK, and EUR—all up close to…
2025.06.12 2025.06.12 Gold Becomes Second-Largest Global Reserve Asset. Forecast as of 12.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Central banks are ramping up their gold purchases, increasing the precious metal’s share in global reserves to 20%. The euro has fallen to third place with 16%. The US dollar remains the leading reserve currency. The weakness of the euro has created a favorable environment…
Bitcoin turned lower after hitting a key area of interest! How low will the OG crypto go before the bulls spot a path clearer than Apple’s Liquid Glass? We’re taking a closer look at the 4-hour chart! Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView Bitcoin slipped on Wednesday as rising tensions in the Middle East and a lackluster U.S.-China…
