Conditions are approaching overbought, but Australian Dollar (AUD) could test the 0.6570 level before the risk of a pullback increases. In the longer run, there has been a tentative buildup in momentum; AUD could rise to 0.6575, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. A tentative buildup in momentum 24-HOUR VIEW: “Following the rise in…
2025.08.14 2025.08.14 What Is the Elliott Wave Theory: Comprehensive Guide Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ The Elliott Wave Analysis is a proven way to understand market movements through crowd psychology and fractal patterns. This comprehensive, easy-to-follow guide walks you through wave analysis with detailed examples, explaining every aspect of the theory. This guide will introduce you to how to spot impulse and…
The U.S. Consumer Price Index rose 0.2% month-on-month in July 2025, bringing annual headline inflation to 2.7% – largely in line with economist expectations. The core CPI, which excludes volatile food and energy prices, increased 0.3% monthly and 3.1% year-over-year, matching forecasts. The relatively benign inflation data confirmed the limited impact of tariffs on overall price pressures, providing the…
The AUDUSD is down sharply in trading today. The currency pair is down -0.81% from yesterday’s close. Technically the bias has shifted from more bullish to more bearish on the move lower. Looking at the hourly chart, the initial move was to the upside taking out the high price from yesterday in the process at 0.6562. The high price…
USD/JPY declines to near 146.50 as US Treasury Secretary Bessent stated that the BoJ would hike interest rates. Intensifying Fed dovish bets have weighed on the US Dollar. Investors await the US PPI data for July. The USD/JPY pair falls sharply to near 146.50 on Thursday. The pair faces a sharp selling pressure as the Japanese Yen (JPY) outperforms…
2025.08.14 2025.08.14 How to Use AI for Trading Stocks: Complete Guide 2025 Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ Artificial intelligence (AI) for trading is no longer science fiction. Today, AI tools are widely adopted in financial markets. Investors employ neural networks, AI trading bots, algorithmic trading, and real-time data analysis to improve the accuracy of their decisions and enhance their trading strategies. The…
Australia’s labor market showed steady strength in July, with the unemployment rate edging down to 4.2% from 4.3% in June, according to Thursday’s data from the Australian Bureau of Statistics. The employment data comes just two days after the Reserve Bank of Australia (RBA) cut interest rates by 25 basis points to 3.6%. RBA Governor Michele Bullock had indicated…
Inflation is running about 3% above the 2% target Tariffs are impacting, but expect those pressures to fade after 6 to 9 months. But it could be more persistent. The Fed has a dual mandate. I am going both things that inflation is 1% above target, and that the risks to the employment are to the downside. I see…
The Indian Rupee drops against the US Dollar as India’s WPI inflation grew moderately in July. US Treasury Secretary Bessent anticipates a 50-bps interest rate cut by the Fed in September. Investors await India-US producer inflation data for July. The Indian Rupee (INR) falls back against the US Dollar (USD) on Thursday after a two-day recovery move. The USD/INR…
2025.08.14 2025.08.14 Pound Surges On BoE-Fed Divergence. Forecast as of 14.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While the Bank of England ponders the future of the repo rate, the Fed is recalibrating its approach. In June, the FOMC voted to maintain the rate at 4.5%, and a reduction is expected in September. Let’s discuss this topic and make a trading plan for…
