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Follow Joshua for daily forex tips on X: @thetraderinyou or connect with him on LinkedIn: Joshua Okapes.
Follow Joshua for daily forex tips on X: @thetraderinyou or connect with him on LinkedIn: Joshua Okapes.
Daily Pivots: (S1) 0.6639; (P) 0.6661; (R1) 0.6689; More…. AUD/USD is still extending sideway trading below 0.6713 and intraday bias stays neutral. As long as 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) holds, further rally remains in favor. On the upside, firm break of 0.6713 will resume whole rise from 0.6361…
This franc pair is sitting right on the very bottom of a descending triangle pattern visible on the daily time frame. Can this major support level hold? GBP/CHF Daily Forex Chart by TradingView Now that the SNB refrained from lowering interest rates into negative territory, the Swiss franc was able to draw a bit more…
The major indices are closing higher for the day with the Nasdaq leading the way. The Dow and the S&P are also higher. The small cap Russell 2000 is closing lower but is higher on the week. The final numbers are showing: Dow Industrial Average rose 36.86 points or 0.09% at 43275.91 S&P rose 23.20…
The Japanese yen is steady on Monday. In the European session, USD/JPY is trading at 147.72, up 0.09% on the day. On Friday, the yen soared 2.2%, its best one-day showing since April. US nonfarm payrolls misses forecast The week ended with a softer-than-expected US employment report. Nonfarm payrolls for July rose by only 73…
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the back from holidays FX week! Some of us will have unpacked the car after a week or so at the beach and what hare you. Some of us will have invaded Venezuela. Big news to open the year, summary:…
The GBP/USD weekly forecast indicates weaker growth in the UK. Treasury yields soared after Trump announced higher tariffs on several countries. Next week, the US will release crucial inflation and retail sales figures. The GBP/USD weekly forecast indicates weaker growth in the UK, which has pushed up BoE rate cut expectations. Ups and downs of…