Author: FX
USD/CAD looks to have paused its downswing after testing key support levels. Could this be the springboard for a bounce in the coming days? Here’s the 4-hour chart we’re watching! USD/CAD 4-hour Forex Chart by TradingView USD/CAD has been trending lower since last week, as rising expectations for a Fed rate cut have dragged the dollar down, despite some safe-haven demand offering limited support. At the same time, stronger-than-expected Canadian CPI reports cooled expectations for a Bank of Canada rate cut. That helped lift the Loonie, even with global trade jitters and softer oil prices in the mix. Remember that…
China's Xi warns EU to 'make correct strategic choices' at tense summit Source link
Is that a complex double bottom I’m seeing on the 4-hour chart of GBP/CAD? Take a look at this potential bounce off a major support area! GBP/CAD 4-hour Forex Chart by TradingView After a dovish BOE surprise that dragged this sterling pair to the long-term floor around the 1.8350 minor psychological mark earlier this month, GBP/CAD is suggesting that it may be done with its decline. At the same time, upbeat Canadian CPI data appears to have dampened further BOC easing expectations, keeping the Loonie supported. Can the pair head north from here? Remember that directional biases and volatility conditions…
Asset classes appeared to be struggling to find direction early in the day, before a wave of risk-taking from the US-Japan trade agreement took over, lifting equities and crude oil. Gold, on the other hand, spent most of the day in the red while traders dumped safe-haven holdings on improving global trade optimism. Here are headlines you may have missed in the last trading sessions! Headlines: U.S. and Japan reached a trade agreement, Japanese bond yields and Nikkei surged Australia Westpac Leading Index for June 2025: 0.0% m/m (0.2% m/m forecast; -0.1% m/m previous) BOJ Governor Uchida announced that trade deal…
Seeing this on social media from a few peeps:That US Treas Sec Bessent says Japan tariffs could go back to 25% if Trump is not happy.USD/JPY has dropped back under 146.00 This article was written by Eamonn Sheridan at investinglive.com. Source link
The ZigZag Dual Buffer MT4 Indicator makes it easier for traders to understand market structure by filtering out small price movements and highlighting only the major swings. It connects swing highs and lows with clean lines, offering a clear view of where the price has been and possible reversal points. With its dual-buffer system, it also allows for smoother integration into automated strategies or custom scripts, making it especially helpful for those who rely on algorithmic trading. Why Dual Buffer Makes a Difference Unlike the standard ZigZag indicator, the dual buffer version offers better flexibility for developers and traders alike.…
Australia lifts biosecurity curbs on US beef amid tariff talks Source link
The major US stock indices are closing session highs. For the S&P and NASDAQ indices, they each closed at record levels. For the Dow industrial average it closed 4 points from its all time high close which goes back to December 4, 2024.A snapshot of the closing levels shows:Dow industrial average rose 507.85 points or 1.14%, closing at 45010.29. The record high is 45014.04 S&P index rose 49.29 points or 0.78% at 6358.91. NASDAQ index rose 127.33 points or 0.61% at 21020.02Russell 2000 rose 34.37 points or 1.53% at 2283.12The new intraday high for the S&P is 6360.64. The new…
Beyond Inc. (NYSE:BYON) rose 8% after an investor called for the company to monetize its blockchain assets. Shay Capital is urging Beyond (NYSE:BYON) to monetize its Medici Ventures portfolio, particularly its direct stakes in tZero and GrainChain, Eric Ebert of Shay Source link
US Republicans continue push to override California animal welfare law Source link