GBP/USD Forecast: Pound Sterling could extend correction if 1.3530 support fails GBP/USD stays on the back foot and trades near 1.3550 in the European session on Tuesday after posting small gains on Monday. The pair could extend its decline if the support level at 1.3530 fails. The improving risk mood made it difficult for the […]
Ether continues to range trade Ether bullish case: While the 13 June low at $2,442, the April -to-June tentative uptrend line at $2,426 underpin, a retest of the 200-day simple moving average (SMA) at $2,627 remains on the cards. If bettered, Monday’s high at $2,680 represents the next technical upside target. A rise above this
2025.06.17 2025.06.17 Short-Term Analysis for Oil, Gold, and EURUSD for 17.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the 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. Oil reversed its
Eurostoxx -0.9% Germany DAX -1.0% France CAC 40 -0.8% UK FTSE -0.5% Spain IBEX -1.2% Italy FTSE MIB -0.9% The latest news is that Trump wants “a real end” to the nuclear problem with Iran in that he wants them to “give up entirely” on nukes. So, all eyes are on what the US will
The USD/JPY outlook remains mildly positive after the Bank of Japan leaves rates unchanged. Analysts believe the upside may be capped by 145.50, observing a ranging behavior. Geopolitics could boost yen demand amid safe-haven flows. The USD/JPY outlook remains slightly supported as the pair snapped a two-day winning streak after the Bank of Japan left
Global markets have experienced heightened two-way volatility amid the escalating conflict between Israel and Iran, with no clear signs of de-escalation. During yesterday’s early US session, reports emerged suggesting Iran’s willingness to resume nuclear negotiations with the US, raising hopes that tensions might ease. This boosted market sentiment, pushing all major US stock indices into
Gold price attracted some dip-buyers during the Asian session, though it lacks follow-through. Fed rate cut bets keep the USD bulls on the defensive and lend support to the XAU/USD pair. Geopolitical risks also benefit the commodity ahead of the Fed meeting starting this Tuesday. Gold price (XAU/USD) reverses an Asian session dip to the
Corrects headline and first paragraph The Bank of Japan decided to maintain its interest rate and to reduce the pace of the amount of bond purchases from April next year. The policy board of the BoJ unanimously decided to hold the uncollateralized overnight call rate to remain at around 0.5 percent. The decision came in
It is reported that the US Commerce Department would have expanded export limits on key technology to China if the talks in London did not go according to plan. The sources mentioned that the US weighed tougher limits on semiconductors, which includes cutting off China from a wider array of chip-manufacturing equipment. I mean, all
The Japanese Yen weakens below the 145.00 mark against a mildly positive USD on Tuesday. Rising geopolitical tensions limit losses for the safe-haven JPY ahead of the BoJ policy decision. The BoJ is expected to leave interest rates unchanged and reduce its bond purchases next year. The Japanese Yen (JPY) remains on the back foot
Taiwanese life insurers are expected to increase foreign exchange hedging after recent tariff-driven market volatility led to losses on their US dollar-denominated assets. Despite fears that the Taiwan dollar’s recent rally might be more than a short-term fluctuation, high hedging costs have so far delayed action – even as a lack of domestic investment alternatives means
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
Canadian Prime Minister Mark Carney said on Monday that he had agreed with US President Donald Trump that their two nations should try to wrap up a deal on tariffs within 30 days, per Reuters. Key quotes The trade talks need to be sped up.Goal of reaching a deal sometime over the next month.The first
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
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
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
