Author: FX
Eurostoxx +0.4%Germany DAX +0.4%France CAC 40 +0.3%UK FTSE +0.3%Spain IBEX +0.4%Italy FTSE MIB +0.3%It’s an optimistic start to the session after the late push higher in Wall Street to wrap things up yesterday. US futures are also keeping steadier on the day, with S&P 500 futures up 0.08% currently. In FX, the dollar is starting to weaken across the board again with EUR/USD now up 0.3% to 1.1705 as the post-CPI run starts to set foot in European trading. This article was written by Justin Low at investinglive.com. Source link
The Look for Trend MT4 Indicator is a technical analysis tool built to help traders quickly recognize whether the market is trending upward, downward, or moving sideways. It uses a combination of price action and trend-filtering techniques to display clear signals directly on the chart. Unlike complicated indicators, this one focuses on simplicity—providing easy-to-read visual guidance without overwhelming the trader with unnecessary data. Why Trend Identification Matters In trading, trend direction is everything. Entering trades in the wrong direction often leads to losses, while aligning with the trend increases the chances of success. Many beginners find it hard to spot…
The Aussie dollar’s been on a tear this August, rallying from .6425 to trade about 100 pips higher where it sits now. Is AUD/USD gearing up to return to a longer-term uptrend? Or are we just getting a gift here, a better price to sell the Aussie before it heads back down? AUD/USD Daily Forex Chart by TradingView The U.S. extending its trade truce with China and the RBA delivering a rate cut that wasn’t all that dovish have helped the Aussie hold its ground against major counterparts like the U.S. dollar. At the same time, soft U.S. data and…
After a strong Q1 performance, the U.K. economy is expected to show a cooler pace in Q2 2025 as growth momentum eases. Planning on trading the U.K.’s Q2 2025 GDP release? We have the points you need to consider: 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
The BOE’s “hawkish cut” and the RBA’s latest dovish announcement are allowing GBP/AUD to keep its head above the long-term ascending trend line. Could it go for more gains next? Check out this consolidation pattern I’m watching on the daily time frame. GBP/AUD 4-hour Forex Chart by TradingView GBP/AUD has also formed lower highs and found support around the 2.0500 major psychological mark, creating a descending triangle pattern that’s been holding since March. Price is testing the resistance just above the pivot point level (2.0650) and could be setting its sights higher. Just how high can it go if we…
The Land Down Under is scheduled to print its July jobs report soon, likely influencing the policy outlook for the RBA. Are we about to see weak jobs figures that could spur expectations for another rate cut? Here’s what to look out for in the upcoming employment 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
The Japanese Yen attracts fresh sellers amid BoJ uncertainty and positive risk tone.The divergent BoJ-Fed expectations should limit losses for the lower-yielding JPY.The technical setup backs the case for a further appreciating move for USD/JPY.The Japanese Yen (JPY) struggles to capitalize on the previous day’s recovery move from over a one-week low touched against its American counterpart and drifts lower during the Asian session on Wednesday. The uncertainty over the likely timing of the next interest rate hike by the Bank of Japan (BoJ), along with the underlying bullish sentiment, acts as a headwind for the safe-haven JPY.Investors, however, seem…
The Australian Dollar holds ground as the US Dollar maintains its position after posting nearly 0.5% recently.Australia’s Wage Price Index rose 0.8% QoQ, as expected.The US Consumer Price Index rose 2.7% YoY, while the annual core CPI climbed by 3.1% in July.The Australian Dollar (AUD) moves little on Wednesday after registering gains in the previous session. The AUD/USD pair remains subdued following the release of Wage Price Index data for the second quarter. The Aussie Dollar faced challenges after the Reserve Bank of Australia (RBA) cut rates for the third time in 2025, indicating easing inflation and modest cooling in…
The 2 MA Channel Breakout MT4 Indicator is designed to help traders visualize market trends and spot breakout opportunities more clearly. It plots two moving averages on the chart, forming a channel that adapts to price movement. When the price moves outside this channel, it often signals the beginning of a strong directional move. This makes it easier for traders to anticipate momentum shifts and plan entries or exits with more confidence. Why Breakouts Matter in Trading Breakouts often mark the start of significant price movements. When the market breaks above resistance or below support levels, it can lead to…
I’ve posted on the tailwinds for Ether before.Ethereum’s price gains are being driven by a powerful mix of regulatory clarity, institutional interest, technical progress, and its expanding role in stablecoins and DeFi. More:Stablecoin growth & regulation tailwinds: Ethereum provides the infrastructure for nearly half of all stablecoins. The GENIUS Act and other U.S. legislative progress toward stablecoin regulation are boosting confidence—and demand—in the Ethereum ecosystemInstitutional adoption increasing: Major players—from banks like JPMorgan to asset managers—are showing interest. Public firms pivoting toward Ethereum, combined with institutional crypto strategies, signal growing corporate confidenceLaunch of spot Ethereum ETFs: Since May 2024, nine spot…