Author: FX

AUD/USD has pulled back to a verrrry interesting chart level! Will this retracement draw in enough buyers to extend the pair’s longer-term trend? Here’s what’s up on the 4-hour time frame: AUD/USD 4-hour Forex Chart by TradingView AUD/USD had been grinding higher since April as trade war fears faded and the Greenback lost some shine. But that momentum hit a speed bump this week with renewed dollar demand knocking the Aussie lower. Traders are keeping close tabs on the U.S.-China trade talks and any dovish vibes from the Fed. If risk appetite picks up, commodity currencies like the Aussie could…

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Bank of Japan’s decision wraps up a whirlwind week of central bank action, coming right on the heels of the Fed and the Bank of Canada. What are traders expecting, and how might JPY react to the event? We have the points you need to know if you’re trading the release! 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

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The major assets moved cautiously on Tuesday as traders weighed a mix of economic data, corporate earnings, and geopolitical headlines. With major central bank decisions on deck, sentiment remained tentative across risk assets. Here are headlines you may have missed in the last trading sessions! Headlines: Euro Area ECB consumer inflation expectations for June: 2.6% (2.9% forecast; 2.8% previous) U.K. mortgage lending for June: 5.34B (0.8B forecast; 2.05B previous) BOE consumer credit for June: 1.42B (0.87B forecast; 0.86B previous) U.K. mortgage approvals for June: 64.17k (62.0k forecast; 63.03k previous) U.K. net lending to individuals for June: 6.76B (4.1B forecast; 2.9B…

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Australia’s headline inflation rate fell to its lowest point in over four years during the second quarter, strengthening RBA rate cut expectations for the month. The Consumer Price Index rose 2.1% year-over-year in the June 2025 quarter, down from 2.4% in the previous period and below the 2.2% consensus forecast. On a quarterly basis, inflation slowed to 0.7%, undershooting the 0.8% expectation and marking a deceleration from the 0.9% recorded in Q1 2025. Key Takeaways Headline inflation at 2.1% annually – lowest reading since March 2021 and within the RBA’s 2-3% target range Quarterly inflation of 0.7% – below the…

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Gold Futures Technical Analysis and Price Prediction with tradeCompass (July 30, 2025)At the time of this analysis, gold futures (December 2025 contract) are trading at $3,384.6, showing a 1.89% gain versus yesterday’s close. However, this gain is driven largely by the contract rollover from August to December, a scheduled shift that can create pricing jumps unrelated to active buying or selling. (More on this below.)tradeCompass Summary for TodayBullish above: $3,383Bearish below: $3,380Current price: $3,384.6Directional bias: Bullish unless the $3,380 threshold is breached (and if you go Long, your stop can not be much lower than there…)Partial Profit Targets:If Bullish Scenario…

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The BSI Trend and Channel MT4 Indicator is a powerful technical analysis tool designed to identify trend directions and potential support or resistance zones. It combines trend recognition with dynamic price channels, allowing traders to see both the current market bias and the range in which price is likely to move. This visual approach helps simplify decision-making and reduces the need for multiple indicators cluttering the chart. How It Works on the Chart When applied to a chart, the BSI Trend and Channel Indicator plots colored lines and zones that represent the trend direction and potential price boundaries. For example,…

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The U.S. Securities and Exchange Commission (SEC) has approved in-kind creation and redemption for cryptocurrency exchange-traded products (ETPs), marking a significant step toward improving efficiency and reducing costs in the crypto investment landscape. The change allows authorized participants to exchange ETP shares directly for the underlying crypto assets—rather than settling in cash—streamlining the creation and redemption process.SEC Chairman Paul Atkins said the move would make crypto ETPs “less costly and more efficient,” while Jamie Selway, director of the SEC’s Division of Trading and Markets, added that the new structure would offer “flexibility and cost savings” for issuers, intermediaries, and investors…

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USTR Jamieson Greer says:Confirms verification of London framework.Is to make sure magnets are flowing.Is discussing details on tariff pause with China90-day extension is one option for Trump to approveUS did not agree on any changes on export controlsFrom Bessent:Will see Trump on China tariff pause tomorrowSome technical details remain on China tariff pause.Trump will have final say on whether August 12 deadline is extended.If Trump does not approve tariff pause extension, tariffs on Chinese goods would boomerang back to April 2 levels, or another level that he choosesSees another China meeting probably in another 90 days.Expressed dissatisfaction with China buying…

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In today’s article, we’ll examine the recent performance of Netflix Inc. ($NFLX) through the lens of Elliott Wave Theory. We’ll review how the decline from the June 30, 2025, high unfolded as a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock.7-swing WXY correction$NFLX four-hour Elliott Wave chart 7.20.2025In the 4H Elliott Wave count from July 20, 2025, we saw that $NFLX completed a 5-wave impulsive cycle at black ((1)). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the equal…

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