King dollar reigns as Middle East war leaves few winners

King dollar reigns as Middle East war leaves few winners
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King dollar reigns as Middle East war leaves few winners
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2026.04.10 2026.04.10 WTI Crude Oil: Elliott Wave Analysis and Forecast for 10.04.26–17.04.26 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 85.50 with a target of 115.70–126.00. A buy signal: the price holds above 85.50. Stop Loss: below 83.80, Take Profit: 115.70–126.00. Alternative scenario: Breakout and…
Gold continues to trend higher and hit the highest in six weeks on Monday, supported by growing expectations for Fed rate cut in December. Weak US economic data and recent dovish comments from Fed policymakers fueled fresh rise in bets for further policy easing, while market participants also expect successor of Fed Chair Jerome Powell…
2025.11.14 2025.11.14 GBP/USD: Elliott Wave Analysis and Forecast for 14.11.25 – 21.11.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 1.3300 with a target of 1.2936 – 1.2740. A sell signal: the price holds below 1.3300. Stop Loss: above 1.3300,…
The EURUSD pair has encountered a roadblock, failing to breach the 1.1201 resistance level and subsequently retreating from 1.1188 to 1.1068. This recent pullback is likely a correction within the broader uptrend that began at 1.1001. Despite this setback, the pair may be gearing up for another attempt at the 1.1201 resistance once the current…
Forex trading, at its core, is about more than just making quick profits. It is about understanding the markets, managing risk, and making calculated decisions based on probability in trading. Unfortunately, many newcomers enter the world of forex trading thinking that it is simply about luck. They imagine that with a bit of good fortune,…
The USD/CAD forecast indicates a brief rebound in the pair ahead of policy meetings. US retail sales rose by 0.6%, well above the estimate of a 0.2% increase. Data from Canada showed that inflation eased by 0.1%. The USD/CAD forecast indicates a brief rebound in the pair ahead of central bank meetings in Canada and…