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GBP/USD: Elliott wave analysis and forecast for 05.12.25 – 12.12.25 | LiteFinance
2025.12.05 2025.12.05 GBP/USD: Elliott Wave Analysis and Forecast for 05.12.25 – 12.12.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3170 with a target of 1.3783 – 1.4050. A buy signal: the price holds above 1.3170. Stop Loss: below 1.3170, Take Profit:…
JPMorgan Fined $2.4m By Monetary Authority of Singapore
On Monday, it was announced that JPMorgan Chase Bank had been fined $2.4 million by the Monetary Authority of Singapore (MAS). The regulator said the bank failed to prevent misconduct by its relationship managers (RMs) during 24 over-the-counter (OTC) bond transactions between November 2018 and September 2019. The penalty follows a review of pricing and…
Broadcom is having its own Nvidia moment as shares rise 20% on week
Broadcom could be the next company to join the trillion dollar club. Wednesday’s earnings release showed another beat-and-raise announcement that has become commonplace. Markets consolidate on Friday after week’s CPI-led fireworks. Michigan Consumer Sentiment drains, sending NASDAQ lower. Broadcom (AVGO) stock exploded 12% on Thursday, quite a feat for a company already valued at…
BBC World Service funding freeze risks ‘opening door to hostile states’, MPs say
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Chart alert: Bullish flag formation in Copper (XCU/USD) as 2nd US-Iran peace talks loom
The longer-term price movement of copper is highly sensitive to manufacturing activities, as it is a vital component in the global manufacturing supply chains and industrial usage. Higher manufacturing activities tend to translate to a higher demand for copper, in turn, creating a positive feedback loop into the price of copper. Manufacturing Purchasing Managers’ Index…
EU reportedly refuses economic dialogue with China amid lack of trade progress | Forexlive
The thing about the enemy of my enemy being my friend is that the two might find out that they don’t have much else in common besides that. Brussels and Beijing have been trying to be more cordial to each other as of late but with Trump mostly backing down, the sour relations between the…
