Silver came under heavy pressure since breaking below its 100 day moving average back on May 15. On Friday, the price fell sharply on the back of the dollar rising. Today the momentum continued with the price falling to its lowest level since March with the price reaching $66.17. In the process, the metal briefly
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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
Bitcoin technical outlook From a technical perspective, Bitcoin is testing one of its most important support zones of 2026. The retest of the February low has increased market focus on whether buyers can defend the $60,000 area. A successful defence would reinforce the broader long-term uptrend and could provide the foundation for a recovery once
Markets breathed a sigh of relief on Monday after Iran’s military declared its first wave of attacks against Israel complete, helping Brent crude retreat from above $98 to below $95. Yet the pullback in oil may be telling only part of the story. While investors rushed back into risk assets, crude prices remain firmly above
2026.06.08 2026.06.08 ATR Indicator (Average True Range): The Complete Guide Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ The average true range (ATR) indicator is a tool used to measure market volatility. The ATR shows how much the price moves during a given period compared to the previous one. It is utilized in trend-following strategies to assess the likelihood of a
Eurozone investor confidence improved for the second straight month in June, signalling economic stabilization to continue over the coming months, survey data from the behavioral research institute Sentix showed Monday. The investor sentiment index rose more-than-expected to -13.4 in June from -16.4 in May. The score was forecast to rise to -13.8. The indicator improved
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IRGC says they responded to Israel’s attack on petrochemical plant by launching missile on similar plant in Haifa IRGC says Israel started a dangerous game by targeting oil industry and civilian sites Reports say Iran fired 30 missiles at Israel since Sunday Iran’s Foreign Ministry Spokesperson says overnight developments will only worsen the chaotic situation
Gold’s near-5% collapse last week has extended into the new week, with selling pressure accelerating as investors continue to reprice the global interest rate outlook. The precious metal is now approaching a critical test, with a retest of the March low near $4,100 increasingly likely and the psychologically important $4,000 level beginning to come into
2026.06.08 2026.06.08 Short-Term Analysis for Oil, Gold, and EURUSD for 08.06.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil is trading
Germany’s factory orders declined more than expected in April, data from Destatis revealed Monday. Factory orders logged a monthly fall of 3.8 percent in April, in contrast to the 4.5 percent increase in March. Economists had forecast a fall of 2.2 percent. On a yearly basis, orders grew 1.6 percent but slower than the 6.1
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Three major events dominate the week ahead, but they all revolve around a single question: how much of the recent oil shock will ultimately feed into inflation and alter the policy outlook? Last week’s stronger-than-expected US employment report reinforced the view that Fed can afford to keep its focus squarely on inflation. With labor market
Markets: WTI crude oil up $3.33 to $93.53 US 10-year yields up 3 bps to 4.56% Gold down $22 to $4306 EUR leads, CHF lags S&P 500 futures up 0.2% Nikkei down 3.6% The weekend and Monday featured a full dose of Middle East drama. It started with Israeli strikes on Sunday on Beirut. That
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Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an
