Author: FX
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The price of WTI crude oil is settling at $63.30 up $0.61 or 0.97%. The low to high trading range was confined, with the low for the day reaching $62.52, while the high was at $63.67.Technically, the price remains between close support and resistance on the daily chart. On the downside, there are swing lows between $60.45 and $61.94On the topside, the 61.8% retracement of the range since the April low comes in at $63.71. Above that, the 100 day moving average is at $64.31.Those areas will be the close support and resistance and also breakout levels for traders this…
The Canadian Dollar (CAD) is moving cautiously at the start of the week against the US Dollar (USD), with the USD/CAD Forex pair hovering around 1.3835, down very slightly over the session. Market operators are holding their breath ahead of the release of the August Consumer Price Index (CPI) on Tuesday at 12:30 GMT, a figure that could seal the trajectory of the Bank of Canada’s (BoC) monetary policy.Therefore, the CAD’s performance today is therefore marked by measured volatility, with traders preferring to wait for the data before taking positions. On Tuesday, the CPI release comes in at the same time…
Gold trades just shy of record highs on Monday, edging higher after last week’s all-time peak near $3,675.The Fed’s monetary policy decision on Wednesday dominates market sentiment, with a 25 bps cut seen as certain.XAU/USD continues to trade sideways with the 21-SMA providing short-term support.Gold (XAU/USD) kicks off the week on a positive footing, breaking out of last week’s sideways momentum after peaking at an all-time high near $3,675 on Tuesday. The move reflects renewed buying interest as traders position cautiously ahead of a pivotal week packed with central bank monetary policy decisions.At the time of writing, XAU/USD is trading…
EUR/CHF trades around 0.9350 on Monday, rebounding modestly after hitting its lowest since August 1 last week.ECB’s Isabel Schnabel said rates are in a “good place,” flagged upside inflation risks, and noted euro area growth is set to exceed potential.Swiss Producer and Import Prices fell 0.6% MoM in August, while the annual rate slumped to -1.8%.EUR/CHF kicks off the week on a positive note, attracting fresh buying interest after briefly falling to its lowest level since August 1 late last week. At the time of writing, the cross trades around 0.9350 on Monday, as the Euro draws some support from…
The most anticipated release of the week — the CPI report — confirmed that inflation is still above the Fed’s 2% target. However, the data didn’t show any acceleration, which gave the market some comfort. At the same time, the jobless claims number jumped to the highest level in nearly four years. That move was enough for traders to start betting more aggressively on a rate cut already next week, as the Fed may try to balance out the rapid slowdown in the labor market.The reaction in markets was immediate: Treasuries rallied, with the 10-year yield briefly dipping below 4%.…
The New Zealand Dollar (NZD) has not performed well in 2025. It is the third worse performing G10 currency in the year to date after the CAD and the USD and the second worst performer after the JPY in the half year to date, Rabobank’s FX analyst Jane Foley reports. RBNZ easing bias and weak economy weigh on kiwi”The poor performance of the NZD this year reflects the easing bias of the RBNZ, New Zealand’s lengthy bout of economic weakness, its links with the weak Chinese economy and the larger than expected 15% Trump trade tariff imposed on the country…
While switching from demo to real trading is exciting, losing money on your first live trades absolutely sucks. If you’re completely new to trading, it hits even harder. But here’s the thing: everyone who’s made it in trading has been exactly where you are right now. The difference between traders who succeed and those who quit? It’s all about how you bounce back from those early losses, which usually shape how you react to succeeding ones. So how should you deal with your first losses on a live account? 1. Take a big pause When you take that first hit,…
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: investingLive is not an investment advisor, investingLive provides references and…
Rollover for U.S. Equity Index Futures is Monday, September 15, 2025:What You Need to Know U.S. equity index futures follow the quarterly expiration cycle on the third Friday of March, June, September, and December. investingLive Exclusive 47m ago Source link