Author: FX
NASDAQ Futures Technical Analysis – July 4, 2025Published by InvestingLive.com, the upcoming evolution of ForexLiveWhat is the current trend in NASDAQ futures?As the above Nasdaq Futures Technical Analysis video of today shows, as of July 4, 2025, NASDAQ futures are showing signs of a short-term pullback after a strong upward breakout. On the 30-minute chart, the market previously broke out above the December 24 all-time high, forming a rising channel. After consolidating briefly and retesting the breakout zone, price action continued higher, reaching above the midpoint of the ascending channel.Currently, the price is retreating from that mid-channel zone, with futures…
Rate cuts by year-endFed: 54 bps (95% probability of no change at the upcoming meeting) ECB: 26 bps (88% probability of no change at the upcoming meeting) BoE: 53 bps (80% probability of rate cut at the upcoming meeting) BoC: 30 bps (72% probability of no change at the upcoming meeting) RBA: 77 bps (95% probability of rate cut at the upcoming meeting)RBNZ: 31 bps (81% probability of no change at the upcoming meeting) SNB: 11 bps (83% probability of no change at the upcoming meeting) Rate hikes by year-endBoJ: 11 bps (99% probability of no change at the upcoming…
China spares major cognac makers from EU brandy dumping duties Source link
The Trading Comments MT4 Indicator is a user-friendly tool that allows traders to type and display custom text on their MetaTrader 4 charts. These comments can include anything—from reasons for entering a trade, to upcoming news events, or reminders about key price levels. The notes appear directly on the screen, so there’s no need to switch tabs or apps. It’s great for traders who like to review past trades and improve their strategy. Instead of just looking at entry and exit points, now they can also understand the thought process behind each decision. This extra layer of insight can make…
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…
USD/CAD faces selling pressure as the US Dollar underperforms in the aftermath of the US NFP data.Private sector hiring slowed significantly, while public sector hiring proved surprisingly robust.The imposition of higher tariffs by the US on Canada will dampen the outlook for the Canadian Dollar.The USD/CAD pair trades lower to near 1.3570 during the European session on Friday, aiming to revisit the eight-month low around 1.3540. The Loonie pair faces selling pressure as the US Dollar (US) gives back its entire gains in the aftermath of the United States (US) Nonfarm Payrolls (NFP) data for June, released on Thursday.The US…
NEM Elliott Wave technical analysis This updated Elliott Wave analysis focuses on the Australian Stock Exchange’s NEWMONT CORPORATION – NEM.Our current assessment indicates that ASX:NEM is advancing within wave three. The purpose of this report is to provide clear targets and the key invalidation level to help traders identify when the current trend may reverse or continue. 1D chart (Semilog Scale) technical breakdown Function: Major trend (Minor degree, grey). Mode: Motive. Structure: Impulse. Position: Wave iii) – orange of Wave iii)) – navy of Wave 3 – grey. Key details: Wave ii) – orange likely completed at the 74.25 low…
Gold prices rose in Philippines on Friday, according to data compiled by FXStreet. The price for Gold stood at 6,068.33 Philippine Pesos (PHP) per gram, up compared with the PHP 6,040.26 it cost on Thursday. The price for Gold increased to PHP 70,779.77 per tola from PHP 70,452.41 per tola a day earlier. Unit measure Gold Price in PHP 1 Gram 6,068.33 10 Grams 60,683.26 Tola 70,779.77 Troy Ounce 188,745.60 FXStreet calculates Gold prices in Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the…
GBP/USD steadies around 1.3650 due to rising uncertainty over Trump’s tariff plans GBP/USD holds ground for the second consecutive day, trading around 1.3660 during the Asian hours on Friday. The pair remains steady as the US Dollar (USD) depreciates as traders adopt caution, while seeking clarity on US President Donald Trump’s plans for tariffs on various countries. On Thursday, Trump told reporters that he “will begin sending letters on trade tariffs starting Friday.” He added that he would send letters to 10 countries at a time, laying out tariff rates of 20% to 30%, reported by Reuters. The GBP/USD pair…
Silver consolidates just below its highest level in more than two weeks set on Thursday.The mixed technical setup warrants some caution before placing fresh directional bets.Any corrective slide might still be seen as a buying opportunity and remain cushioned.Silver (XAG/USD) holds steady below the $37.00 mark during the Asian session on Friday and remains within striking distance of over a two-week high touched the previous day. Meanwhile, the constructive technical setup suggests that the path of least resistance for the white metal remains to the upside. The daily Relative Strength Index (RSI, 14) remains above 50 and validates the positive…