2025.03.14 2025.03.14 USD/JPY: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 151.30 with a target of 145.00 – 138.65. A sell signal: the level of 151.30 is broken to the downside. Stop Loss: […]
But it isn’t clear whether this is a final breakthrough or just merely an agreement to move forward on discussions though, according to Olk. Markets are not waiting around though. EUR/USD has surged up to above 1.0900 while the DAX is now up 1.6% on the day. Update: Politico correspondent, Hans von der Burchard, is
France’s inflation fell below 1 percent for the first time since early 2021, as initially estimated in February, final data from the statistical office INSEE showed on Friday. Consumer price inflation was 0.8 percent in February, in line with preliminary estimate, and down from 1.7 percent in January. This was the weakest since February 2021.
France Inflation ex-tobacco (MoM): 0% (February) vs previous 0.1% Source link
The New Zealand dollar is in positive territory on Friday. NZD/USD is trading at 0.5722 in the European session, up 0.46% on the day. NZ Manufacturing PMI rises to near-three year high New Zealand’s manufacturing sector improved in February, as Manufacturing PMI rose to 53.9, up from 52.5 in January. This was the highest level
The British pound has edged lower against the US dollar on Friday. GBP/USD is trading at 1.2928 in the European session, down 0.13% on the day. UK economy declines 0.1% in January The UK economy barely registered any growth in the second half of 2024, rising 0.1% in the third quarter and flatlining in the
US stock markets suffered another brutal session overnight, with NASDAQ leading the decline, shedding nearly -2%. All three major indexes closed below their respective 55 W EMAs, reinforcing the bearish case that the markets are now in a medium-term correction phase. This technical breakdown suggests that downside momentum is gaining traction, with investors recalibrating their
Bitcoin Stuck in a 5-Day Range – Will a Breakout Happen? Bitcoin futures have been range-bound for the past five days, currently trading at 82,140. The market has been consolidating between 79,250 and 84,250, making it difficult to determine the next major move. Yesterday’s VWAP closed at 81,935, and price is hovering just above it,
Gold prices remained broadly unchanged in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 360.25 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 360.42 it cost on Thursday. The price for Gold was broadly steady at SAR 4,201.91 per tola from SAR 4,203.82 per
Chinese stock markets are a hot spot to start the year and money is flowing back in today after a dip mid-week. Shanghai Composite +1.2% Hang Seng +1.5% CSI300 +1.8% For Shanghai stocks, that’s the best level of the year as some of the domestic money makes its way into broad Chinese markets rather than
In an interview with Breitbart News Network on Friday, US Treasury Secretary Scott Bessent said, “we don’t get a recursive Biden-flation,” per Reuters. Further comments We’re very vigilant about inflation, it could happen again. Before we can bring down inflation, we also want to help affordability. As we bring down inflation, we want to bring
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
Senate Democratic Leader Chuck Schumer announced late Thursday that he plans to vote to keep the government open as the chamber prepares to take up a GOP stopgap bill continuing government funding Friday. Key quotes I believe it is my job to make the best choice for the country, to minimize the harm to the American
Bitcoins price volatility has been impacted by Trump’s tariff policies, recession fears and Mt. Gox Transfers. Glassnodes’s accumulation trend score shows shifts in investor sentiment and increased selling pressure. Mt. Gox transfers are affecting markets but are overshadowed by tariff concerns. Most Read: Dow Jones (DJIA), S&P 500 Under Pressure as Record Cash Levels Suggest
The day started with Pres. Trump saying that if Europe goes ahead with a tariff on whiskey, he would retaliate with a 200% tariff on wine, champagne, and alcohol. That got the markets attention as tariffs continue to be a feared item for traders. So although US PPI data was better than expectations, it was
The Dow Jones shed 400 points on Thursday, falling 1.45%. US PPI inflation hit a soft patch, further easing fears of an inflation reignition. Despite easing price pressures, equities still took a hit as Trump threatens more tariffs. The Dow Jones Industrial Average (DJIA) fell some 400 points on Thursday, declining around one full percent after United
