Author: FX

U.S. consumer prices rose 0.3% in June, marking the largest monthly increase in five months and pushing the annual inflation rate to 2.7% from 2.4% in May. This acceleration exceeded expectations of a 2.6% annual headline inflation print and highlighted emerging pressures from trade policies, though core inflation still fell short of estimates on a monthly basis. Excluding food and energy costs, price pressures ticked 0.2% higher month-on-month versus the 0.3% forecast but the annual core reading still rose to 2.9%. Key Takeaways Headline CPI: +0.3% monthly (vs. 0.3% expected), +2.7% annually (vs. 2.4% prior) Core CPI: +0.2% monthly (vs.…

The Pinbar Detector MT4 Indicator is a technical tool designed to automatically scan your charts for pinbar patterns—candlesticks known for signaling market reversals. A pinbar has a small body and a long tail, usually appearing after a strong trend. This indicator highlights these candles with arrows or symbols, making them easy to see even in fast-moving markets. Traders no longer need to manually search for setups, which saves time and reduces emotional decisions. Why Pinbars Matter in Trading Pin bars are one of the most trusted reversal patterns used in technical analysis. They work because they show a clear rejection…

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: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

White House National Security Council hit by more departures, sources say Source link

The price of crude oil is settling marginally lower by $0.46 or -0.69% at $66.52. The high price reached $67.10. The low price was at $66.25.Technically, looking at the hourly chart, the high price today stalled near the underside of the broken trendline (bearish). The next target on the downside comes against the 61.8% retracement of the move up from the June low to the July high. That level comes in at $66.13. Moving below that level and the swing low from July 7 at $65.51 would be targeted. Later this year, ForexLive.com is evolving into investingLive.com, a new destination…

The USDJPY has sliced through the June high at 148.019, and has now reached the high price from May at 148.647. The high price just traded at 148.669. Looking at the 4-hour chart there is a swing area between 148.56 and 148.73. Moving above that level and traders will target the 50% midpoint of the move down from the early January high to the April low (the range for 2025). That 50% midpoint comes in at 149.375.The dollar has been moving higher, helped by a second look at the CPI. The core goods CPI increased by 0.7% which was the…

The US Dollar regains ground after the June CPI release, with the DXY trading above the 98.00 psychological level.Market sentiment stays cautious amid persistent tariff threats from US President Donald Trump.The US Dollar (USD) extends its intraday advance on Tuesday after the release of the June Consumer Price Index (CPI) report, as traders reassess their expectations of monetary policy easing by the Federal Reserve (Fed). Following the release of the June CPI report, market expectations for a near-term Federal Reserve rate cut have shifted notably. According to the CME FedWatch Tool, the probability of a rate cut at the July…

Gold slips below $3,330 as CPI data tempers hopes for a near-term rate cut.Fed credibility in focus amid Trump pressure and Powell succession uncertainty.XAU/USD struggles near $3,335 as bullish momentum fades near prior triangle resistance.Gold (XAU/USD) is trading in a narrow range on Tuesday, following the US Consumer Price Index (CPI) report that reinforced expectations the Federal Reserve (Fed) may refrain from a near-term rate pivot.At the time of writing, the precious metal is trading below $3,330, with risk sentiment and a slight uptick in risk sentiment limiting the upside move.The June Consumer Price Index (CPI) showed that headline CPI…

BoE delays Basel bank trading rule to 2028 Source link

Fundamental OverviewGold remains mostly rangebound even though we had some bullish price action in the past few days. The focus today will be on the US CPI release. The NFP put a lid on further gains as the hawkish repricing in interest rates expectations weighed on the precious metal. A soft CPI should give gold a boost, while hot data will likely trigger another selloff. In the bigger picture, gold should remain in an uptrend as real yields will likely continue to fall amid Fed easing. But further hawkish repricing in rate cuts expectations could trigger corrections in the short…