Author: FX

Dollar traders are about to cap off this event-filled trading week with yet another major U.S. release, as the July non-farm payrolls report could shake things up on Friday. Market expectations are pointing to a slower pace of hiring for the month, possibly putting the latest FOMC statement into perspective and spurring big moves for USD pairs. Here’s what to look out for when trading this top-tier catalyst. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited…

EUR/CHF has been stuck inside a descending triangle on its daily time frame, and the pair is closing in on the bottom. Will it go for another bounce off support? Take a look at these long-term inflection points! EUR/CHF Daily Forex Chart by TradingView This euro pair has been forming lower highs since July 2024 and finding support at the .9250 minor psychological mark, creating a descending triangle formation that has been holding for more than a year already. Price looks ready for another test of the triangle bottom near S2 (.9240) while technical indicators are pointing to a pickup…

The Federal Reserve maintained its benchmark interest rate in the 4.25%-4.50% range in their July policy meeting while Chairperson Jerome Powell dropped some hawkish remarks during the press conference. Two Fed governors—Christopher Waller and Michelle Bowman—voted for an immediate 25 basis point rate cut, marking the first time two Washington-based Board governors formally dissented since December 1993. Their opposition highlighted growing internal tensions over the Fed’s approach to balancing employment and inflation concerns amid an uncertain economic outlook. Key Takeaways from July FOMC Statement Rates unchanged: Fed funds target range held at 4.25%-4.50% for fourth consecutive meeting Economic assessment: Committee…

US Commerce Secretary Lutnick: Made trade deals with Cambodia and ThailandLutnick announcing in a Fox News interview.Countries getting in before the August 1 deadline. Earlier:Trump announces a trade deal with South KoreaTrump announced a trade agreement with South Korea earlier – recap ICYMI This article was written by Eamonn Sheridan at investinglive.com. Source link

The Prime Levels Black MT4 Indicator is a specialized tool that directly draws high-probability support and resistance levels on your chart. These levels are based on past market behavior and price reactions, making them more reliable than random guesswork. Unlike traditional horizontal lines, this indicator uses a clean and minimal design, with a black theme that’s easy on the eyes and perfect for long trading sessions. It works with all major forex pairs and can be used on multiple timeframes, giving traders flexibility in planning their trades. How It Helps Traders Make Better Decisions One of the biggest advantages of…

After close, both Meta and Microsoft announced their earnings in both the handling on the top and bottom linesMeta Platforms (META) Q2 2025: EPS $7.14 (BEAT; exp. $5.85), Revenue $47.52B (BEAT; exp. $44.87B)Microsoft (MSFT) Q2 2025: EPS $3.65 (BEAT; exp. $3.35), Revenue $76.44B (BEAT; exp. $73.76B)Intelligent Cloud: $29.88B (BEAT; exp. $29.1B)More Personal Computing: $13.5B (BEAT; exp. $12.64B)Productivity & Business Processes: $33.1B (BEAT; exp. $32.2B)Both Meta and Microsoft delivered strong beats across the board, with Meta surprising to the upside on EPS by a wide margin. Microsoft’s strength was broad-based, with all major business segments topping estimates—highlighting continued resilience in cloud,…

The France finance minister is on the wires saying: EU negotiation strategy may not have shown enough vigourit is incorrect to claim the UK secured a better deal than the EUFrance has been more critical of the trade deal. Earlier French president Macron said: EU’s framework tariff trade deal with the US is unbalanced: it has some good aspectsExpects further talks to come over EU’s framework of tariffs trade deal with the US.On EU -US framework, the trade deal says it is more important than ever before to speed up Europe’s move to become more sovereign.To be free, you need…

Australian inflation rose at a slower pace in the second quarter of the year.Upbeat United States data boosted demand for the Greenback as the Fed looms.AUD/USD established a fresh July low at 0.6449 amid broad US Dollar strength. The Australian Dollar (AUD) trades at fresh July lows against its American rival, hovering around 0.6450. The US Dollar (USD) attracted strong buying interest following the release of upbeat macroeconomic figures, ahead of the Federal Reserve (Fed) monetary policy announcement.Earlier in the day, Australia reported that the Consumer Price Index (CPI) rose 0.7% QoQ in the second quarter (Q2) of 2025, easing from…

Gold price remains range-bound between $3,300 and $3,330 as traders stay cautious ahead of key US macro data.The Federal Reserve is widely expected to keep interest rates steady, but forward guidance on rate cuts is the main market driver.Safe-haven demand remains muted amid easing global trade tensions and improving risk appetite.Gold (XAU/USD) is treading water on Wednesday, hovering near $3,330 during the European trading session. The precious metal is attempting to stabilize after falling to a three-week low of $3,301.90 on Monday. Although price action remains subdued, Gold is oscillating in a narrow range between $3,300 and $3,330.Easing trade tensions…

. In this technical article, we are going to present Elliott Wave trading setup of AMD.  The stock completed its corrective decline precisely at the Equal Legs area, also known as the Blue Box. In the following sections, we’ll break down the Elliott Wave structure in detail and explain the setup and trade management. AMD Elliott Wave one-hour chart 07.21.2025 The current analysis suggests that AMD stock is undergoing a wave 4 pull back.  We can count 5 waves from the peak so far. That implies the pullback is incomplete at the moment — we expect more short-term weakness, another leg down ((c))…