Author: FX
USD/CHF gains 0.37% on Monday, trading around 0.8060 at the time of writing, as the US Dollar (USD) rebounds despite slightly softer expectations for further monetary tightening by the Federal Reserve (Fed).The Greenback’s recovery comes as investors reassess the monetary policy outlook following last week’s weaker-than-expected United States (US) Nonfarm Payrolls (NFP) report. Despite signs of a cooling labor market, the US Dollar is benefiting from renewed demand, also supported by persistent geopolitical tensions in the Middle East, particularly around the Strait of Hormuz.According to the CME FedWatch tool, markets continue to price in a scenario of additional Fed interest…
US Treasury draft warns of economic mayhem if AI mimics dotcom bubble: report Source link
The USD is higher with the USDJPY the biggest mover with a gain of 0.59% after testing a swing level near 160.446 on Friday and bouncing and continuing the run to the upside today back through the 100 and 200 hour MA between 161.86 and 161.92. Remember the 161.95-97 was the old high from 2024 which took the pair to the highest level since 1986 during last week’s trade. The price is trading near 162.30.The EURUSD (-0.18%) and the GBPUSD (-0.07%) are more contained but lower. For the EURUSD is it trading just below the 100 hour MA at 1.1416…
Gold (XAU/USD) edges lower on Monday as a firmer US Dollar (USD) and mild profit-taking cap gains following last week’s rebound from a more than seven-month low of $3,941. At the time of writing, XAU/USD trades around $4,153 after briefly climbing above the $4,200 level during the Asian trading session.Despite the intraday pullback, Gold remains supported, as weaker-than-expected US Nonfarm Payrolls (NFP) data released on Thursday have reduced expectations of an immediate Federal Reserve (Fed) interest rate hike.Meanwhile, Oil-driven inflation risks are also easing as shipping through the Strait of Hormuz continues to improve following last month’s signature of a…
EUR/USD sits at a fork this week. The dollar just posted its worst week in a month, but the pair still trades below a broken uptrend line. Wednesday’s Fed minutes could confirm the dollar’s slide, or hand it a lifeline. Which trend correction levels will EUR/USD respect? Source link
Last updated: July 5, 2026 · By: Tim Morris, founder of ForexMt4Indicators.comYou start forex trading with $100 by treating it as a learning stake, not an income engine. Risk 1% — only $1 — per trade. On a 0.01 micro lot at $0.10 per pip, that $1 is a tight 10-pip stop, so most $100 traders pick a cent account for wider swing-trade stops. Aim for clean execution, not fast profit.A horizontal five-step flow diagram of the $100 plan: set the goal, open a cent/micro account, risk 1% ($1) per trade, compound slowly with no extra leverage, and treat every…
Last updated: July 5, 2026 · By: Tim Morris, founder of ForexMt4Indicators.comForex trades regulated currency pairs 24/5 with deep liquidity (roughly $9.6 trillion a day) and modest daily swings, usually well under 1% on a major. Crypto trades 24/7, is far more volatile with 5-15% daily moves common, thinner outside the top coins, and less consistently regulated. Beginners find forex easier to size and safer to hold.Forex and crypto compared side by side across six deciding factors — trading hours, volatility, regulation, liquidity, leverage, and cost.The diagram above lines up the two markets across the six things that actually decide…
Last updated: July 5, 2026 · By: Tim Morris, founder of ForexMt4Indicators.comThe forex economic calendar is a schedule of data releases — jobs numbers, inflation, rate decisions — that move currencies at known times. Read each row for its impact rating (focus on high), the country, and the Forecast versus Actual. The surprise between them is what moves price. US NFP and CPI land around 12:30 GMT.An annotated forex economic-calendar row breaking down Time, Currency, Impact, Event, Actual, Forecast and Previous, highlighting the Actual-minus-Forecast surprise as the value that moves price.The diagram above breaks a single calendar row into its…
Last updated: July 5, 2026 · By: Tim Morris, founder of ForexMt4Indicators.comTo choose a forex broker without getting burned, work in order: verify a real licence on the regulator’s own site (FCA, ASIC, CySEC, FSCA), pick raw/ECN or standard by your trading style, compare true all-in cost (spread + commission + swap), confirm MT4/MT5 and fast execution, check withdrawal reputation, then demo-test before you fund.A six-step broker-vetting checklist card, top-to-bottom, with regulation verified on the regulator’s own site as the gate before account type, true cost, platform, withdrawals, and a one-week demo test.The checklist above is the exact order we…
Last updated: July 5, 2026 · By: Tim Morris, founder of ForexMt4Indicators.comMost blown forex accounts die from the same seven mistakes: over-leveraging, no stop-loss, risking too much per trade, revenge trading, widening a stop, ignoring spread and swap, and no plan or journal. The single biggest killer is position size — one 1.00 lot trade on a $500 account can be wiped by a 50-pip move.A ranked ladder of the 7 account-killing mistakes, ordered from fastest blow-up (over-leverage) to slowest bleed (no journal).The diagram above ranks the seven account-killers by how fast they empty a small account, from the instant…