Author: FX
It looks like USD/JPY is still stuck in its longer-term range, as the pair sustained a bounce off support to make it back to the top. Will the ceiling still hold? Or are we about to see a breakout soon? USD/JPY 4-hour Forex Chart by TradingView Remember that USD/JPY range support bounce we had our sights set on the other week? Well, the pair was able to gain traction on its rally enough to climb close to the range resistance at the 148.00 major psychological mark as tariffs headlines lifted the safe-haven dollar. So which way will the pair go…
With the latest FOMC meeting minutes highlighting a dovish split among Fed policymakers, will the upcoming U.S. CPI release settle the score when it comes to their inflation outlook? Expectations are for a slightly stronger pace of price pressures in June, but markets could still chalk this up to temporary tariffs’ impact. Here’s what you need to know when trading the U.S. CPI 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™…
Thailand considering offering zero tariffs on more U.S. imports, finance minister says Source link
The Trade Breakout MT4 Indicator is a technical tool used to detect price breakouts from consolidation areas. It marks support and resistance levels where the market has paused or moved sideways. When price breaks above or below these levels, the indicator provides visual signals to help traders catch the momentum early. It’s especially helpful for day traders, scalpers, and those who trade news events or volatile markets. Why Use This Indicator? Breakouts are often the start of strong price trends. However, many traders struggle to identify which breakouts are real and which are false. The Trade Breakout MT4 Indicator filters…
China’s economy likely grew slightly above the government’s annual target in the second quarter according to the Bloomberg survey of analyst expectations. Bloomberg is gated, but in brief:Bloomberg’s survey forecasting a 5.1% year-on-year GDP increase for the quarter ending in JuneGrowth was supported by strong export performance, aided by a trade truce with the U.S., continued fiscal measures to bolster domestic demandAs a result, many economists believe Beijing may pause additional stimulus for now.However, Citi and Nomura anticipate further policy easing later in the year, projecting a 10 basis point interest rate cut and a 50 basis point reduction in…
US citizen killed in West Bank settler attack Source link
Bloomberg with the report from Deutsche Bank strategist George Saravelos, warning that financial markets are downplaying the risk of Trump removing Federal Reserve Chair Jerome Powell — a move that could significantly shake markets. Bloomberg is gated, but in brief:DB argue that markets are largely ignoring the risk, citing Polymarket showing less than a 20% chance of Powell being oustedwarn that if Powell is forced out, the U.S. dollar could fall 3–4% and Treasury yields could jump 30–40 basis points within a dayfiring Powell would be seen as a major blow to Fed independence, raising long-term concerns about political interferenceHow…
Israeli missile hits Gaza children collecting water, IDF blames malfunction Source link
French wine and cheese makers say U.S. tariffs would hit hard Source link
The Another Symbol MT4 Indicator is a simple yet powerful tool that lets traders view the price movements of a different asset on their current chart. Instead of switching between tabs or opening multiple chart windows, users can now monitor two assets in one place. This is especially helpful for correlation strategies, hedging decisions, or just staying in tune with related market movements. With this indicator, traders can customize the color, line style, and price type (bid, ask, or close) of the overlaid symbol. It’s user-friendly and ideal for both beginners and experienced traders. Why It’s Useful for Multi-Symbol Analysis…