Author: FX
There are just a couple to take note of on the board for the day, as highlighted in bold below.They are all for EUR/USD layered in between the 1.1500 to 1.1600 mark. And the expiries are also resting in and around the 100 and 200-hour moving averages, seen at 1.1499 and 1.1589 respectively. As such, price action will have more reason to continue to track in between the two key hourly moving averages in European trading.That before we get to US trading where the ISM services PMI might offer something for traders to act upon.For more information on how to…
This pound pair has been forming lower highs connected by a falling trend line since mid-June, but it looks like this resistance zone is being challenged. Will it bounce or break next? Check out this area of interest I’m watching on the 4-hour time frame: GBP/CHF 4-hour Forex Chart by TradingView Safe-haven flows on trade uncertainty have propped up the lower-yielding Swiss franc over the past months while rising BOE easing expectations have dragged the U.K. currency south. However, GBP/CHF appears to be struggling to break below the 1.0700 major psychological support, forming what seems to be a triple bottom…
Markets got back on their feet after last Friday’s post-NFP chaos, as U.S. equity indices rebounded to positive territory while the focus shifted to the possibility of lower borrowing costs. Still, global trade jitters lingered as Trump announced plans to raise tariffs on India, keeping gold supported by safe-haven flows. Here are headlines you may have missed in the last trading sessions! Headlines: Over the weekend, OPEC+ confirmed it would raise oil output by 548K barrels per day in September Over the weekend, Fed official Williams expressed openness to a September rate cut On Sunday, Trump confirmed that special envoy…
China's services activity growth hits 14-month high in July, S&P PMI shows Source link
The iClock Mod1 MT4 Indicator is a time-tracking tool designed for MetaTrader 4 users who want better control over their trading sessions. Instead of guessing what time it is in various markets or relying on external clocks, this indicator places a readable digital clock right on your chart. It syncs with your broker’s server time and adjusts according to your setup. This helps traders stay organized and more aware of session overlaps, news releases, and daily openings or closings. Customizable and User-Friendly Design What sets iClock Mod1 apart is its simplicity and visibility. The display is fully customizable—you can change…
Australia S&P Global July final services PMI comes in at a much improved 54.1Composite 53.8—Australia’s services sector saw stronger growth in July, marking a solid start to the second half of 2025, according to S&P Global. New business rose sharply, and export demand stabilised after four months of declines. The pickup in activity also led to faster job creation.While the current data shows a positive picture, the Future Activity Index points to weaker confidence about the outlook, suggesting businesses are more cautious about the months ahead.Inflationary pressures intensified, with both input costs and output prices rising in July. Despite this,…
TowneBank Q2 2025 presentation: Revenue surges 18.6% despite net income decline 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…
US links $1.9 billion in state disaster funds to Israel boycott stance Source link
The Swiss government says it is not considering any countermeasures against the US at this point.It is ready to make more attractive offer to the US.One of the surprising tariff rates was the 39% to Switzerland. The president said that they have a $40 billion trade deficit and that’s not good enough.Luxury Goods (Watches, Chocolate, Cheese): Swiss watches are particularly affected—all imports now subject to 39% duties. Chocolate and cheese may also face price hikes in U.S. stores Pharmaceuticals & Healthcare: While critical medicines may be exempted or negotiated, long-term pharmaceutical tariffs could eventually reach up to 200% without carve-outs…