The Week Ahead – S&P Hits Another Record – Orbex Forex Trading Blog

2025.10.24 2025.10.24 WTI Crude Oil: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25 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 66.20 with a target of 53.50 – 45.00. A sell signal: the price holds below 66.20. Stop Loss: above 67.00,…

As anticipated, investor concerns over escalating trade tensions between the U.S. and Europe, following Donald Trump’s U.S. election victory, have driven the euro and pound toward critical support levels. GBP/USD Last week, GBP/USD sellers pushed the pair down to the significant 1.2600 level. After testing this support, the downward trend paused, transitioning to sideways movement…

By RoboForex Analytical Department The USD/JPY pair is trading firmly around 156.56 on Monday, keeping the Japanese yen in a deeply weak position. Markets remain on high alert as they assess a chorus of verbal interventions from Japanese officials aimed at stemming the decline of the national currency. The warnings intensified on Sunday when Takuji…

The US Dollar Index (DXY) has seen a strong rally this week, fueled by expectations of a 25 bps Fed rate cut in November and safe-haven flows amid rising Middle East tensions. Meanwhile, the GBP/USD pair experienced a sharp selloff following comments by BoE Governor Bailey. The NFP report and US unemployment rate will be…

Buyers continue their desperate attempts to rectify the situation, and this is bearing fruit. The price grows with great difficulty, but growth is observable. This may only be the beginning, and in the near future, we may see a more powerful advance. From a wave analysis standpoint, the situation looks as follows. The corrective decline,…