Author: FX
There is just one to take note of on the day, as highlighted in bold.That being for EUR/USD at the 1.1700 level once again. This time around, the dollar managed to push higher in overnight trading and EUR/USD broke below the figure level on the week. As such, the expiries might still offer some pull factor but it looks like sellers are starting to shake things off and get better downside momentum.Trump threatening higher tariffs and markets getting a little bit more angsty is keeping the dollar more bid this time around. The general line of thinking here is that…
Missed the trend line breakout on AUD/CHF? The pair could still be gearing up for a pullback to the former resistance area that could now hold as support. Take a look at these potential correction levels on the hourly chart: AUD/CHF 1-hour Forex Chart by TradingView Strong risk-on flows appear to be kicking in, lifting the higher-yielding Australian dollar while simultaneously dragging the franc lower, even with a fresh batch of U.S. tariffs and countermeasures. New policy measures from China aimed at boosting employment and the Fed’s inclination for policy easing soon appear to have improved the market mood lately.…
Financial markets dealt with a fresh round of tariffs announcements and threats of countermeasures, after Trump slapped higher trade levies on Brazil and Sri Lanka. Meanwhile, the OPEC downgrade on global demand forecasts for the next years weighed heavily on crude oil prices. Oh, and did we mention that bitcoin struck fresh record highs at $116K? Here are headlines you may have missed in the last trading sessions! Headlines: Trump announced 50% tariffs on Brazil and 30% on Sri Lanka Trump also confirmed 50% tariffs on copper effective August 1 New Zealand Visitor Arrivals for May 2025: 6.1% y/y (15.8%…
Rubio to meet China's Wang Yi in Malaysia amid trade tension Source link
The Stochastic Only MT4 Indicator is a simplified version of the traditional stochastic oscillator. Instead of pairing with other tools or overwhelming the chart, it focuses strictly on stochastic data to show momentum shifts. The indicator tracks the market’s closing price relative to its high-low range over a specific period, helping identify when an asset is overbought or oversold. This information can be extremely helpful for traders who rely on momentum and reversal strategies. How It Helps with Trading Decisions By focusing only on stochastic movement, this indicator eliminates distractions. It provides clear crossover signals between the %K and %D…
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…
Bitcoin has extended its bullish run, surging past the previous record of $112,000 to a new high of $113,787 (and climbing). The latest leg higher is being fueled in part by Trump’s call for a historic Fed rate cut, which has reignited interest across risk assets, including crypto. The rally is also being supported by short covering, as bears are forced to exit positions amid accelerating upward momentum.The broader crypto market is riding the wave as well, with Ethereum pushing above $2,800 and Dogecoin climbing more than 5.5% over the past 24 hours.From a technical standpoint, Bitcoin’s breakout began yesterday…
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…
“We are working non-stop to find an initial agreement with the US to keep tariffs as low as possible and to provide the stability that businesses need.”That before acknowledging that “the relationship with the US may not return to what it was”. However, she reaffirmed that the EU will do what is necessary to strengthen and diversify its global trade ties. As a reminder, the two sides are due to strike some form of makeshift deal in the days ahead. However, this is one that will just keep the status quo for the most part as negotiations are likely to…
GBP/CHF just caught a bounce off a familiar support level, but the real question is how far it can climb before the bears come sniffing around again. We’re zooming into the 4-hour chart to see if the pound’s making a comeback or just catching its breath before heading back down! GBP/CHF 4-hour Forex Chart by TradingView Traders are dipping a toe back into risk as U.S. tariff policy hangs in the air, giving the British pound a little room to run against safe havens. Hopes for a stronger U.K. GDP print on Friday aren’t hurting either, with Sterling starting to…