EUR/JPY has been cruising steadily higher inside an ascending channel on its 4-hour time frame, and it looks like a trend pullback could be due soon. Here are the support levels to watch on the 4-hour time frame: EUR/JPY 4-hour Forex Chart by TradingView Yen traders appear to be easing up on their hawkish BOJ expectations over the past…
There are a couple to take note of on the day, as highlighted in bold. The first ones are for EUR/USD at the 1.1500 and 1.1525 levels. The pair is now teasing the April highs, looking for firm clearance above the 1.1500 mark in general. The expiries might help to keep a lid on things in the session ahead…
Watch the video from the WLGC session on 11 Jun 2025 to find out the following: Market environment The bullish vs. bearish setup is 230 to 61 from the screenshot of my stock screener below. Three stocks ready to soar 21 actionable setups such as SCHW, DAVE, GRPN were discussed during the live session on 11 Jun 2025 before the market open (BMO). Charles Schwab…
Headline US CPI rose only 0.1% in May, marking a deceleration from April’s 0.2% uptick and supporting the Fed’s cautious policy stance. Here’s how USD reacted.
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…
NZD/USD edges higher to around 0.6035 in Thursday’s early European session, bolstered by the softer US Dollar. Softer US inflation data undermines the US dollar and acts as a headwind for the pair. Trump said the trade deal with China is ‘done,’ though details from China were lacking. The NZD/USD pair gathers strength to around 0.6035 during the…
Royal Institution of Chartered Surveyors’ monthly house price balance dropped to -8 in May expected -4 from -3 in April weakest since July 2024 RICS analyst comment: “Sentiment across the UK residential property market remains somewhat subdued, with ongoing uncertainty around global trade policies and the dampening effect of transactions being brought forward ahead of the Stamp Duty changes…
GBP/USD climbs as US CPI miss fuels Fed rate cut bets GBP/USD advances on Wednesday during the North American session, boosted by a weaker-than-expected consumer inflation report in the United States (US), which increased speculation that the Federal Reserve (Fed) may reduce borrowing costs twice in 2025. At the time of writing, the pair trades at 1.3537, up 0.34%….
2025.06.11 2025.06.11 US Dollar Remains Resilient Ahead of US CPI Data. Forecast as of 11.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As long as the US economy remains strong, the “Sell America” strategy holds little practical value. The S&P 500 index is rising, and EURUSD bears are maintaining their position. Will US inflation data hurt the euro? Let’s discuss this topic and make…
The UK jobs market showed clear signs of weakening in May, with unemployment hitting 4.6% – its highest level in nearly four years – while job vacancies fell sharply and wage growth decelerated, according to the latest Office for National Statistics data. Key Takeaways: Unemployment rate increased to 4.6% in February-April 2025, up from 4.5% in the previous quarter…
