Dow Jones–09.04.2025 – Orbex Forex Trading Blog

The best-selling singer of all time is the question that always starts arguments online. Some say it’s Michael Jackson, others say Elvis Presley, and then there’s a whole army who swear it’s Madonna or Whitney Houston. Honestly, the music industry loves these debates because it means more talk about album sales, record sales, and global…

The USDJPY pair has been displaying a consistent uptrend, as evidenced by its movement within a rising price channel on the 4-hour chart. This pattern suggests that the bullish momentum that began at 141.64 remains intact, offering traders a clear visual guide for potential future moves. As long as the pair continues to respect the…

Markets: WTI crude oil down 7 cents to $94.76 US 10-year yields down 3.2 bps to 4.36% Gold up $30 to $4716 S&P 500 up 0.8% GBP leads, USD lags The tech optimism is at a fever pitch as the Nasdaq climbed for the sixth straight week, adding 30% in that time and another 5%…

USD/JPY’s consolidation pattern from 146.52 extended last week and outlook is unchanged. Initial bias stays neutral this week first. In case of stronger recovery, upside should be limited by 150.92 support turned resistance. On the downside, firm break of 148.17 support will bring retest of 146.52 first. Sustained trading below 61.8% retracement of 139.57 to…