Author: FX
Another miss in Australia’s employment data could erase RBA tightening expectations for the remainder of the year. Here’s what I’m watching on AUD/NZD and AUD/CAD if this happens. Source link
Australia is dropping its June employment numbers! If the report hits or exceeds estimates, AUD/USD and AUD/NZD may be worth a second look. Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…
Australia’s jobs report could move the Aussie as traders closely weigh the headline result against the labor market’s underlying details. Source link
The USD/CAD pair struggles to capitalize on its strong weekly gains registered over the past two days and edges lower during the Asian session on Wednesday. Spot prices currently trade around the 1.4100 round figure, though the fundamental backdrop warrants caution for aggressive bearish traders.Crude Oil prices climb to a fresh high since June 16 amid escalating US-Iran military conflicts, the closure of the Strait of Hormuz and Houthi threats of a naval blockade on Saudi Arabia. This, in turn, is seen lending some support to the commodity-linked Loonie. The US Dollar (USD), on the other hand, pauses for a…
The Turtle Soup Indicator MT4 is designed to help identify these failed breakouts before traders chase the wrong move.False breakouts can damage both confidence and trading accounts. After several losing trades, many traders start entering late, skipping valid setups, or increasing position size to recover losses. That usually makes the problem worse. The Turtle Soup strategy focuses on spotting market traps instead of following every breakout. Used with proper confirmation, it can help traders find higher-probability reversal opportunities while avoiding common breakout mistakes.The sections below explain how this indicator works, where it performs best, and how traders can use it…
EUR/GBP posts a bullish MACD crossover after a prolonged decline, but can momentum support a sustained recovery? Source link
Iran says all U.S. and allies interests in the region will be targeted if U.S. attacks nuclear sites !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Silver price (XAG/USD) surges over 4.50% on Tuesday, reaching five-day highs, clearing $59.00 as buyers push the white metal to test a downslope resistance trendline near the $59.65/$50.75 range, about to surpass the $60.00 mark.XAG/USD price forecast: Technical outlookFrom a technical perspective, it seems XAG/USD is about to break a downtrend resistance line, which could open the door to a recovery. The Relative Strength Index (RSI) shows that buyers are gaining momentum, suggesting Silver could test higher levels in the near term.If XAG/USD clears $59.75, the immediate test would be $60.00. A breach of the latter opens the path to…
jetcityimage/iStock Editorial via Getty ImagesShares of America’s Car-Mart (CRMT) slid another 5% Tuesday, deepening a year-long collapse as mounting financial pressures fuel concerns over the company’s future. America’s Car-Mart’s (CRMT) decades-old business model to sell high-mileage used cars financed at high-interest rates to Source link