Author: FX

One of the most common problems for traders is learning when and how to cut losers and hold on to winning forex trades. Let’s talk about the latter today. Have you ever asked yourself, “Should I take profit now or should I let it run?” in the middle of an open trade? Maybe there were times when taking profit early proved to be the better decision. But I’m sure there were also instances when you smacked yourself at the back of the head for closing your trade too early. Why do traders struggle to hold on to winning trades anyway? Here are…

Headlines:Markets:JPY leads, AUD lags on the dayEuropean equities lower; S&P 500 futures down 0.6%Gold up 0.3% to $3,336.22WTI crude down 0.9% to $66.42Bitcoin down 0.8% to $109,100As we gear towards the long weekend in the US, markets in general are also taking a bit of a breather for the most part. It was quiet in European trading today with little in terms of anything to work with.Trump was up late yesterday, announcing that he will be sending letters to about 10 to 12 countries today on higher tariffs to start with. That will continue on through to next week. Those…

Reuters reports that the OPEC+ meeting has been moved to Saturday 5th of July due to Ashura holiday. The group has been steadily adding back oil output since April and it’s expected to deliver another 411,000 output hike for August. This article was written by Giuseppe Dellamotta at www.forexlive.com. Source link

NASDAQ Futures Technical Analysis – July 4, 2025Published by InvestingLive.com, the upcoming evolution of ForexLiveWhat is the current trend in NASDAQ futures?As the above Nasdaq Futures Technical Analysis video of today shows, as of July 4, 2025, NASDAQ futures are showing signs of a short-term pullback after a strong upward breakout. On the 30-minute chart, the market previously broke out above the December 24 all-time high, forming a rising channel. After consolidating briefly and retesting the breakout zone, price action continued higher, reaching above the midpoint of the ascending channel.Currently, the price is retreating from that mid-channel zone, with futures…

Rate cuts by year-endFed: 54 bps (95% probability of no change at the upcoming meeting) ECB: 26 bps (88% probability of no change at the upcoming meeting) BoE: 53 bps (80% probability of rate cut at the upcoming meeting) BoC: 30 bps (72% probability of no change at the upcoming meeting) RBA: 77 bps (95% probability of rate cut at the upcoming meeting)RBNZ: 31 bps (81% probability of no change at the upcoming meeting) SNB: 11 bps (83% probability of no change at the upcoming meeting) Rate hikes by year-endBoJ: 11 bps (99% probability of no change at the upcoming…

China spares major cognac makers from EU brandy dumping duties Source link

The Trading Comments MT4 Indicator is a user-friendly tool that allows traders to type and display custom text on their MetaTrader 4 charts. These comments can include anything—from reasons for entering a trade, to upcoming news events, or reminders about key price levels. The notes appear directly on the screen, so there’s no need to switch tabs or apps. It’s great for traders who like to review past trades and improve their strategy. Instead of just looking at entry and exit points, now they can also understand the thought process behind each decision. This extra layer of insight can make…

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: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

USD/CAD faces selling pressure as the US Dollar underperforms in the aftermath of the US NFP data.Private sector hiring slowed significantly, while public sector hiring proved surprisingly robust.The imposition of higher tariffs by the US on Canada will dampen the outlook for the Canadian Dollar.The USD/CAD pair trades lower to near 1.3570 during the European session on Friday, aiming to revisit the eight-month low around 1.3540. The Loonie pair faces selling pressure as the US Dollar (US) gives back its entire gains in the aftermath of the United States (US) Nonfarm Payrolls (NFP) data for June, released on Thursday.The US…

NEM Elliott Wave technical analysis This updated Elliott Wave analysis focuses on the Australian Stock Exchange’s NEWMONT CORPORATION – NEM.Our current assessment indicates that ASX:NEM is advancing within wave three. The purpose of this report is to provide clear targets and the key invalidation level to help traders identify when the current trend may reverse or continue. 1D chart (Semilog Scale) technical breakdown Function: Major trend (Minor degree, grey). Mode: Motive. Structure: Impulse. Position: Wave iii) – orange of Wave iii)) – navy of Wave 3 – grey. Key details: Wave ii) – orange likely completed at the 74.25 low…