Forex

Silver bulls may finally be getting the move they have been waiting for — and the rally could now be feeding itself. On Monday, Silver exploded higher by more than $6 an ounce at its peak, marking its biggest single-day surge since February. But the most important part of the move may not be the

Strong US employment figures were not enough to prevent the dollar from falling. Geopolitics and risk appetite remain the key drivers. The US dollar came under pressure from sellers on Friday, and a strong labour market report failed to reverse the trend, merely slowing the pace of the decline. Non-farm payrolls rose by 115K in

GBP/USD is attempting a consolidation phase above 1.33500. USD/CAD is showing positive signs and might aim for more gains above 1.3725. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a recovery wave above 1.3515 and 1.3550. There is a key bearish trend line forming with resistance near 1.3620 on the hourly

2026.05.11 2026.05.11 Short-Term Analysis for Oil, Gold, and EURUSD for 11.05.2026 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. Today, oil is

2026.05.11 2026.05.11 Yen Extends Losses Despite Intervention. Forecast as of 11.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Japan has most likely sold US Treasuries to intervene in the currency market and push USD/JPY lower. If such interventions become more frequent, they could drive US Treasury yields higher, creating an additional headwind for the US economy. Let’s discuss this topic

In 2026, automated trading continues expanding across cryptocurrency, stock, and forex markets.  AI trading bots are used across cryptocurrency, stock, and forex markets to automate trade execution, monitor market conditions, and assist with strategy management. As market volatility remains elevated across cryptocurrencies, equities, and forex markets, some retail investors are incorporating automation into their trading

For beginners, one of the fastest ways to start day trading is by understanding which trading platforms are best suited for modern markets. Day trading is a short-term trading strategy focused on profiting from price movements within the same trading day. Because markets move quickly, successful day traders often rely on fast execution, accurate market

2026.05.11 2026.05.11 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.05.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. Last week’s forecasts are still relevant. Bitcoin and Ethereum continue to rise, while Ripple has already started to decline. The article covers the following subjects:

The GBP/USD currency pair continues to trade within a range, which has been most notable by its repeated failures over recent days to break above the $1.3637 area. This currency pair usually moves quickly and easily into new price spaces with relatively few genuine retracements, so when it consolidates, traders can get discouraged easily. This

2026.05.11 2026.05.11 US Dollar Advances As Trump Labels Peace Offer ‘Unacceptable’. Forecast as of 11.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite a strong US jobs report, the EUR/USD pair rose as US stock indices hit new record highs, driven by improved global risk appetite. However, the euro later faced a new gap. Let’s discuss these topics and develop a trading plan. The

Offshore CFDs broker YaMarkets is shutting down. The company, run mainly from Dubai and India and focused primarily on the Indian market, has taken down the yamarkets.com website, which now shows a Service Closure Announcement, that reads as follows: We would like to inform all clients and partners that Yamarkets has officially closed all services and

Image used for representation purpose only | Photo Credit: Getty Images/iStockphoto The rupee crashed 139 paise to 94.90 against the greenback in early trade on Monday (May 11, 2026) after President Donald Trump rejected Iran’s response to the U.S.’s peace proposal, following which crude oil prices surged rapidly. A strengthening U.S. dollar and steep FPI

Key Highlights EUR/USD stayed above 1.1675 and might attempt another increase. A bullish trend line is forming with support at 1.1750 on the 4-hour chart. GBP/USD seems to be consolidating gains above 1.3520. Bitcoin remains supported and might aim for a move above $82,000. EUR/USD Technical Analysis The Euro found support near 1.1675 against the

The week ahead is relatively quiet for major Canadian data releases, but industry reports will offer important signals about the economy’s momentum heading into spring. Early signs from Statistics Canada’s advance estimates suggest wholesale trade for April on Thursday and manufacturing sales next Friday should show the sectors finding their footing after significant disruptions to

Canadian Highlights Canada’s labour market remained soft in April, with employment down and the unemployment rate rising to 6.9%. Canada’s trade balance returned to surplus in March on stronger commodity exports, though net trade is still likely to subtract from Q1 GDP growth. A soft labour market and weak ex-energy trade should keep the Bank

Having seen a high around the 1.36450 mark on Wednesday, the GBP/USD went into this weekend around 1.36274. The currency pair has been correlating to the global Forex market in a straightforward manner per USD centric sentiment depending on what time of the day it is. While that sentence may seem to be a bit

Which experienced CFDs industry executive did broker tech provider oneZero hire, to launch its new MENA region office in Dubai? What url did CFDs broker Kudotrade buy as part of a planned rebrand? And, which new license did Kudotrade receive? Which CFDs broker is the latest to join the trillion dollar volumes club for Q1

EUR/CHF edged lower last week but failed to get rid of 0.9155 cluster support (38.2% retracement of 0.8979 to 0.9264 at 0.9155) cleanly. Initial bias stays neutral this week first. On the upside, break of 0.9177 minor resistance will turn bias back to the upside for 0.9264 resistance. However, sustained trading below 0.9155 will turn

Gold The gold market has initially felt during the week only to turn around and show signs of strength again. The $4,600 level continues to be very important, and I think you need to watch this very closely as it is an area that has caused both support and resistance multiple times in the past.

EUR/AUD’s fall from 1.6842 extended lower last week but recovered ahead of 1.6125 low. Initial bias is turned neutral this week first. On the downside, decisive break of 1.6125 will resume larger fall from 1.8554. Nevertheless, break of 1.6371 resistance will indicate short term bottoming, and turn bias back to the upside for stronger rebound