Author: FX

EUR/CHF has formed lower highs and found resistance at the .9420 level, creating an ascending triangle pattern on its 4-hour chart. Is another bounce off support in the works? Or are we about to see a breakout soon? EUR/CHF 4-hour Forex Chart by TradingView This franc pair has been stuck in this triangle holding pattern for more than a couple of months already,  as the Swiss currency has been pulled in opposite directions by safe-haven flows and dovish SNB rhetoric. Meanwhile, the euro has also been tossing and turning while traders await clarity on the ECB’s monetary policy stance, with…

After a wild week that crushed the dollar and sent oil prices tumbling, traders are heading into July with fresh momentum. With geopolitical fears easing and the Fed sounding more open to cutting rates, traders now turn their focus to the ECB Sintra Forum, key U.S. jobs data, and the potential return of trade tensions. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

This week our currency strategists focused on Australia’s CPI Report (May 2025) for potential high-quality setups. Out of the four scenario/price outlook discussions this week, one discussion arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. 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, you can subscribe to…

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…

The NB SHI Channel MT4 Indicator is a technical tool used in MetaTrader 4 to help traders identify trend channels automatically. These channels are created based on recent highs and lows in the market, showing the upper and lower boundaries of price action. Instead of drawing lines manually, the indicator handles everything and updates in real-time as the price moves. This saves time and removes the guesswork from trend analysis, making it ideal for both beginner and experienced traders. How It Works on the Chart Once attached to a chart, the NB SHI Channel draws a…

US Senate pushes ahead on Trump tax cuts as nonpartisan analysis raises price tag Source link

Bloomberg is gated, but in breif:NSW Treasury Corporation’s (TCorp) chief economist Brian Redican has called on the Reserve Bank of Australia to scrap its focus on hitting the 2.5% midpoint of its inflation target rangethe benchmark imposes unrealistic expectations on monetary policycreates unnecessary confusion in financial markets:inflation outcomes are more likely to be shaped by global forces such as oil prices or U.S. trade policy than by small tweaks to interest ratesRBA has muddied communication due to its reliance on economic models to justify its decisions dismissed the relevance of the neutral rate His comments come ahead of a new…

Ukraine on track to withdraw from Ottawa anti-personnel mines treaty, Zelenskiy decree shows Source link

US Senate version of Trump tax-cut bill would add $3.3 trillion to debt, CBO says Source link

Israel orders evacuations in northern Gaza as Trump calls for war to end Source link