Author: FX
Trump says US will start talks with China on TikTok deal this week Source link
The Channels FIBO MTF MT4 Indicator is designed to help traders visualize channel zones created using Fibonacci ratios. What makes it stand out is its ability to pull data from different timeframes and display them on a single chart. This means you can see the H1, H4, or even D1 channel lines while trading on M15 or M5, giving a much broader market view. It’s especially useful for swing and intraday traders who want to align short-term moves with long-term trends. How It Draws Powerful Support and Resistance This indicator uses the well-known Fibonacci levels to draw channels, which naturally…
Greece battles wildfire on Crete for a third day as temperatures rise Source link
The U.S. ISM Manufacturing PMI for June gave traders a key read ahead of the all-important NFP report. How did our USD watchlist setups for this top-tier event fare? Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they are published throughout the week, check out our BabyPips Premium subscribe page to learn more! The Setup Event Outcome: The June ISM manufacturing PMI report printed…
Silver forms double-bottom near key support, signaling a potential breakout above $37.31.Doji candle and thin US holiday volume suggest pause, not reversal.Bulls eye resistance at $37.49 and $38.00; downside risk begins below $36.00.Silver price traded sideways on Friday, remaining virtually unchanged at $36.84, due to thin trading volumes as US markets were closed for a holiday. The market mood turned slightly sour as headlines surrounding the US trade war, with its trading patterns taking center stage, following the approval of the One Big Beautiful Bill.XAG/USD Price Forecast: Technical OutlookFrom a technical standpoint, the grey metal is pausing its advance, although…
What a week to kick off July! The Loonie & franc strutted their stuff, while the U.S. dollar continued to its recent slide. Just when traders thought they had Fed policy figured out, Thursday’s jobs report crashed the bear USD party with a solid 147,000 new hires, sending rate cut bets scrambling. Meanwhile, Powell kept playing hard to get on cuts, Trump kept tweeting about tariffs, and markets kept second-guessing everything. Add in a US holiday-shortened week and you’ve got the perfect recipe for interesting FX behavior. Let’s break it all down by currency, shall we? This Article…
EUR/USD edges up 0.18% in thin trading as traders digest Trump’s sweeping tariff plans and EU–US tensions mount.Trump confirms tariffs up to 70% to take effect August 1, targeting EU goods, including food.Bloomberg: EU carmakers seek tariff relief via US investment pledges.Light US calendar shifts focus to German industrial output and Eurogroup meeting next week.EUR/USD posted minimal gains of 0.18% on Friday amid thin liquidity conditions, as markets in the United States are closed due to the Independence Day holiday. The shared currency is poised to close the week with gains of 0.53% despite the release of solid US economic…
AUD/USD retreats amid renewed demand for safe havens ahead of Trump’s tariff deadline.AUD pressured by RBA cut expectations, while steady Fed policy underpins USD.AUD/USD holds a bullish structure, though momentum fades near wedge resistance.The Australian Dollar (AUD) weakened against the US Dollar (USD) on Friday amid a low-volume trading session and a risk-off tone ahead of US President Donald Trump’s July 9 tariff deadline.At the time of writing, AUD/USD is hovering above 0.6550, with intraday losses of 0.30%.The closure of US financial markets for Independence Day led to lighter trading volumes, resulting in subdued volatility and a more corrective tone…
The US Dollar edges lower on Friday in thin holiday trade, snapping a two-day winning streak.Tariff tensions resurface as Trump prepares to send letters imposing unilateral trade duties from August 1.US President’s “One Big Beautiful Bill” passes the House of Representatives, raising long-term debt concerns.The US Dollar (USD) eases on Friday, drifting lower in holiday-thinned trading and snapping a two-day winning streak. After climbing on the back of stronger-than-expected US Nonfarm Payrolls data released on Thursday, the Greenback is now paring gains, as market activity remains muted amid the July 4 Independence Day holiday in the United States.The US Dollar…
Hamas responds to Gaza ceasefire proposal, it's 'positive,' Palestinian official says Source link