Author: FX
Markets started the week in wait-and-see mode ahead of Tuesday’s US inflation data, with trade headlines and central bank chatter steering sentiment. The dollar saw an early dip but reversed into the European session as traders shifted defensive ahead of the CPI release. Here are headlines you may have missed in the last trading sessions! Headlines: On Saturday, Chinese inflation reports came in mixed, with headline CPI coming in slightly better than expected and PPI falling short Over the weekend, FOMC member Bowman backed rate cuts for each of the three remaining meetings this year, citing labor market concerns Nvidia…
EUR/GBP appears to be struggling to move past its latest highs, forming a potential double top on its 4-hour chart. Can it break below the neckline to signal a reversal? Or will it make another attempt to break higher and sustain the uptrend? EUR/GBP 4-hour Forex Chart by TradingView Thanks to the Bank of England’s surprise “hawkish cut” last week, pound bulls found another reason to charge and keep EUR/GBP below the .8750 minor psychological resistance. The lack of progress in EU-US trade talks also appears to be weighing on the shared currency, dragging the pair close to the neckline…
China’s government will hold a press conference at 10 a.m. local time on August 13 to detail new subsidized loan policies aimed at boosting personal consumption and supporting service-sector businesses. The measures are expected to form part of Beijing’s broader efforts to stimulate domestic demand and shore up growth amid a slowing economy and ongoing trade headwinds.Officials are likely to outline eligibility criteria, lending terms, and the scope of sectors covered, with analysts watching for indications of whether the programme will target specific industries such as tourism, hospitality, and retail, or offer broader consumer credit support. Markets will also be…
Bitcoin retreated after testing its all-time highs, but it looks like bullish pressure is still in play while a new ascending triangle is forming. Take a look at these potential support zones! Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView Bitcoin has been forming higher lows since July but appears to be hitting a solid roadblock around R1 ($121,527), as bulls likely booked profits at the record highs. Price could be in for another test of near-term support levels, with more buyers probably waiting to hop in the uptrend. Or will we see a triangle breakdown next? Remember that directional biases…
The Open with Break MA MT4 Indicator is designed to highlight when the market’s opening price breaks through a selected moving average. This signal often indicates a shift in market sentiment, making it valuable for both intraday and swing traders. By automatically plotting and updating on the chart, it saves traders from manually tracking these levels. This allows them to focus more on decision-making and less on chart-watching. Why This Indicator Stands Out Unlike standard moving average crossovers, this tool specifically looks at the relationship between the daily open and the moving average. This unique approach filters out unnecessary noise,…
UK consumers spent more on clothes as temperatures soared in July, data shows Source link
Goldman Sachs have assembled what they say is early analysis only of where tariffs are hitting pockets. Data as of June 2025, so yeah, still early:Foreign exporters have absorbed about 14% of US tariffs, while American companies have taken on 64% and consumers 22%, with protected domestic firms also raising prices and consumer costs projected to jump a further 70% through the autumn.JP Morgan say that they see indications of an impact from tariffs only beginning to show up:goods prices risingconsumption is slowing This article was written by Eamonn Sheridan at investinglive.com. Source link
Stock heatmap by FinViz.com Mon, 11 Aug 2025 14:46:05 GMTSector OverviewThe automotive sector steals the spotlight today, as indicated by Tesla’s impressive 3.34% rise. This surge highlights increased investor confidence in the auto manufacturer segment, possibly driven by favorable news or optimistic forecasts. At the other end of the spectrum, the consumer electronics sector, particularly leading company Apple, is experiencing a downturn, with a drop of 1.09%.🚗 Automotive Gains: Tesla (TSLA) up by 3.34%, showcasing strong momentum in the auto sector.📉 Consumer Electronics Woes: Apple (AAPL) down 1.09%, reflecting challenges or market corrections.Market Mood and TrendsThe market exhibits mixed signals…
To become consistently profitable, it helps to stay rational and emotionally detached. Many novice traders ride an emotional rollercoaster, feeling on top of the world after a win, but down in the dumps after a loss. Meanwhile, professional traders stay calm and relaxed even after a series of losses. They don’t let the natural ups and downs of trading affect them emotionally. As a winning trader you’ll want to do the same – stay composed and as unemotional as possible. It can get tough. Even seasoned traders can lose composure and let emotions take charge. It’s a natural thing –…
US Dollar (USD) is likely to consolidate; firmer underlying tone suggests a higher range of 7.1820/7.1980. In the longer run, USD is still trading in a range; a narrower range of 7.1700/7.2100 is likely enough to contain the price movements, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Underlying tone suggests a higher range of 7.1820/7.198024-HOUR VIEW: “Last Friday, we expected USD to ‘consolidate in a range of 7.1720/7.1900.’ USD subsequently traded between 7.1790/7.1913, before closing at 7.1885 (+0.12%). The price action still appears to be part of a consolidation phase. That said, the firmer underlying tone…