Author: FX

Will continue working with US to reach an agreement while defending national interestAware of Trump’s comment on autos, will decline to talk about itBelieves that understanding deepens each time talks are heldIn case you missed it, Trump said that Japan is engaging in “unfair” trade with the US on autos and says that they should increase energy imports from the US to address the trade deficit. His full quote: “They won’t take our cars, and yet we take millions and millions of their cars into the US. It’s not fair, and I explained that to Japan, and they understand it.…

Retail Sales in Germany rose 1.6% over the year in May.EUR/USD defends bids above 1.1700 following the downbeat data.Retail Sales in Germany unexpectedly dropped 1.6% month-over-month (MoM) in May, following the revised 0.6% decline reported in April, according to official data released by Destatis on Monday.The market forecast was for a 0.5% increase.On an annual basis, Retail Sales rose 1.6% in May vs. April’s 2.9% revision.Market reactionThese data has limited impact on the Euro (EUR). At the press time, EUR/USD is trading 0.04% higher on the day at 1.1725. Euro PRICE Today The table below shows the percentage change of Euro (EUR) against listed major…

manassanant pamaiJapan’s industrial production increased by 0.5% month-over-month in May 2025, shifting from a 1.1% drop in the previous month but missing market consensus of a 3.5% growth, flash data showed. On an annual basis, industrial output slipped by 1.8%, reversing a 0.5% gain Source link

China's weak factory activity maintains pressure for more stimulus as tariff risks weigh Source link

GBP/AUD is poppin’ up long wicks near a range resistance area. Will the pair draw enough bearish pressure to stay inside its technical pattern? Or will the bulls force an upside breakout? GBP/AUD 4-hour Forex Chart by TradingView The British pound had a solid week, getting a boost from the BOE’s slow and steady take on rate cuts despite a weakening labor market. On the other hand, the Aussie struggled as traders shifted their focus to U.S. tariff risks, but a weaker CPI print kept RBA rate cut hopes alive, which could be just what the Aussie economy needs. Will…

EUR/CHF has formed lower highs and found resistance at the .9420 level, creating an ascending triangle pattern on its 4-hour chart. Is another bounce off support in the works? Or are we about to see a breakout soon? EUR/CHF 4-hour Forex Chart by TradingView This franc pair has been stuck in this triangle holding pattern for more than a couple of months already,  as the Swiss currency has been pulled in opposite directions by safe-haven flows and dovish SNB rhetoric. Meanwhile, the euro has also been tossing and turning while traders await clarity on the ECB’s monetary policy stance, with…

After a wild week that crushed the dollar and sent oil prices tumbling, traders are heading into July with fresh momentum. With geopolitical fears easing and the Fed sounding more open to cutting rates, traders now turn their focus to the ECB Sintra Forum, key U.S. jobs data, and the potential return of trade tensions. 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

This week our currency strategists focused on Australia’s CPI Report (May 2025) for potential high-quality setups. Out of the four scenario/price outlook discussions this week, one discussion arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they are published throughout the week, you can subscribe to…

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…

The NB SHI Channel MT4 Indicator is a technical tool used in MetaTrader 4 to help traders identify trend channels automatically. These channels are created based on recent highs and lows in the market, showing the upper and lower boundaries of price action. Instead of drawing lines manually, the indicator handles everything and updates in real-time as the price moves. This saves time and removes the guesswork from trend analysis, making it ideal for both beginner and experienced traders. How It Works on the Chart Once attached to a chart, the NB SHI Channel draws a…