xrp-usd XRP fails to reclaim the $1.34 resistance, gradually bleeding lower toward the major psychological $1.00 floor amid weak altcoin liquidity. Written by: Olumide Adesina • Saturday, October 31, 2026 • 1 min read • Last updated: Saturday, October 31, 2026 Add an article to your Reading List Register now to be able to add…
TL;DR: Friday’s 2.86% Nasdaq plunge and an 8.24% semiconductor-ETF drop extended a two-week AI-driven selloff that’s now reaching corporate credit assessments—S&P Global cut Meta’s outlook to negative. With Gold, Silver and Bitcoin all falling alongside tech even as Treasury yields drop, Nasdaq’s 25,036.33, S&P 500’s 7,507.77 and the 10-year yield’s 4.815% are the critical tests…
EUR/USD edged lower to 1.1103 but quickly recovered. Initial bias remains neutral this week, and further fall is still expected with 1.1269 resistance intact. Break of 1.1103/11 will will extend larger fall from 1.2081 to 1.0904 fibonacci level. However, firm break of 1.1269 will indicate short term bottoming, and bring stronger rebound to 55 D…
EUR/CHF’s fall from 0.9485 resumed last week after rejection by 55 4H EMA (now at 0.9236). Initial bias stays on the downside this week for 61.8% retracement of 0.8979 to 0.9485 at 0.9172. Break there will target 0.9094 support next. On the upside, above 0.9249 will indicate short term bottoming, and bring stronger rebound. In…
Canadian Highlights No tricks from the Bank of Canada, which delivered the expected 25-basis-point hike. The Bank also left the door open to further tightening. Bond markets were somewhat spooked, with Canadian yields rising in the wake of the announcement. The loonie strengthened later as the U.S. dollar weakened. The Bank upgraded its 2027 and…
Growth has surprised to the upside, and official forecasters have raised their growth forecasts for this year while pencilling in a gloomier outlook for next year, as higher energy prices hit consumers and businesses. Despite significant domestic energy production, the UK remains a net importer, so higher energy prices pose a stagflation risk. Domestic production…
Talking through why I took the trades I did on the EURUSD 1-minute chart on Oct. 30, 2026. I also discuss mindframe and maintaining the proper mindset while trading. My new Beyond Day Trading Strategies Course covers my decision process, how to set trading goals, how to review trades so your process can actually hit…
2026.10.30 2026.10.30 GBP/USD: Elliott Wave Analysis and Forecast for 30.10.26–06.11.26 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 1.3471 with a target of 1.2938–1.2745. A sell signal: the price holds below 1.3471. Stop Loss: above 1.3516, Take Profit: 1.2938–1.2745. Alternative scenario: Breakout…
Cable extends step ascend into third straight day and probes again through key barriers at 1.3406 (50% retracement of 1.3675/1.3136 descend) and 1.3418 (Oct 22 high). Weaker dollar on AI nervousness, helped pound to reach three-week high on Friday and pressure next strong barriers at 1.3428 (200DMA) and 1.3440 (daily cloud top). Bulls failed at…
US employment report to prove decisive for December Fed move. US midterm elections: Will markets cheer a divided Congress? RBA and BoE ready to press the hike button; focus to shift to guidance. Eurozone inflation data to clear the fog after the ECB decision. Fed sounds less hawkish than expected, Warsh signals patience The US…