The NASDAQ index continues to come under pressure, currently down 347 points or -1.60%. The decline has pushed the index back below its 100-hour moving average at 21,331.91. Trading under this level shifts the short-term bias to the downside and raises concern that further selling could unfold. Looking back to August 1 (the US employment report), a similar break…
50 of 62 economists polled by Reuters said that they expect the Bank of England (BoE) to cut the policy rate once more this year, in the fourth quarter, by 25 basis points to 3.75%. “Economists in the poll still expect inflation to peak around current levels, suggesting most have not made changes to their forecasts during August, which…
2025.08.19 2025.08.19 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.08.2025 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 price may grow within a bullish impulse. Consider buy entries with a target of 124,560.00. XRPUSD: The zigzag-shaped correction (B)…
The tariffs drama appeared to take a back seat at the start of this trading week, as traders turned their attention to geopolitical developments. Still, risk assets had a mixed run on Monday, with crypto pulling back from record highs and gold staying elevated on safe-haven support. Here are headlines you may have missed in the last trading sessions!…
The EURUSD and the GBPUSD have reversed lower in morning US trading, and in the process has moved back down to retest the 200 hour moving averages on both of those currency pairs. For the EURUSD, a cluster of support is in play, including an upward trendline, the 200-hour moving average, and the 61.8% retracement of the range since…
Gold bounces from $3,325 lows but remains trapped within the last few days’ range, A softer US Dollar is providing some support for Gold, but the positive risk sentiment keeps weighing on precious metals. XAU/USD should break resistances at $3,360 and $3,365 to hint at the end of the corrective phase. Gold (XAU/USD) is trading with a moderate positive…
2025.08.19 2025.08.19 Yen Surges on Hawkish BoJ Outlook. Forecast as of 19.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The divergence in monetary policy between the Fed and the Bank of Japan has triggered a sell-off in the USDJPY pair. However, bulls may counterattack until the BoJ hikes the overnight rate and the Fed cuts the federal funds rate. Let’s discuss this topic and make…
After last month’s “hawkish cut” by the Bank of England, will the upcoming July inflation report settle the score for their next policy decision? Expectations are for slightly stronger price pressures for the month, possibly keeping pound traders on the lookout for another pause in easing. Here are the points you need to know when trading this…
I sense that both sides are ready for this conflict to end. Monday was optimistic, a great day. Plan to up tariffs on India over Russian oil buying. We’re pushing back on countries around the world on digital services taxes. Nvidia will require licence for any new China chip. There’s nothing new here as these are just token remarks….
European natural gas prices fell to fresh lows last week, with the TTF benchmark sliding more than 3% ahead of the Trump-Putin summit. The decline has widened the JKM premium over European prices, raising the likelihood of LNG cargoes being redirected to Asia, while Europe still faces the challenge of boosting storage from its current 74% level toward the…
