August 5th, 2025 is a big day for USD traders. Three heavyweight indicators drop back-to-back: 🕘 09:45 – S&P Global Services PMI (Jul) 🕙 10:00 – ISM Non-Manufacturing PMI (Jul) 🕙 10:00 – ISM Non-Manufacturing Prices (Jul) 🔍 What's forex traders watching:  S&P PMI l

Hey guys, what do you think about today's NFP figure? The previous number was 147K in June. Many analysts think NFP will be underperform at 106K Jobs, and frankly me too. Consumer demand is cooling, tariff-driven is biting, and corporate hiring is slowing. Unemployment could tick up beyond 4.2%, and

The Australian dollar climbed above the $0.64 mark, distancing itself from multi-month lows. This upturn in sentiment can be attributed to several factors, including the US Federal Reserve's cautious approach to additional interest rate hikes, as well as China's unveiling of new measures aimed at st

The EUR/USD pair faced another decline, marking its lowest daily close since July 12. Continuing its downward trend for the fifth consecutive day, the pair is undergoing a corrective phase after reaching its highest level in over a year, near 1.1300, earlier this month. The drop was primarily influe

Greetings traders, it appears that the USD is showing signs of weakness in the market due to a range of negative leading indicators. As astute traders, we must remain vigilant and prepared to capitalize on any opportunities that may arise. An indicator to take note of is the recent breakout of the E

The AUDUSD remains "trapped" between the support (0.67) and resistance (0.6780) in the lead up to the Reserve Bank of Australia (RBA) interest rate decision at 11:30am GMT+8  The current expectation is for a 25bps rate hike, to take the interest rates in Australia from 3.35% to 3.60%. Generally

The uptrend structure has been invalid (failed to create HH, and created a LL) after price fell on 12/14.  Although it is currently back upside parallel but momentum is not enough like before and no enough bullish momentum to break through the previous high (except for sudden news, or

As explained Yesterday, the price is still in the Pullback scenario after reaching the bottom of the market at 0.9864 The price may find the perfect rejection area around the Previous resistance area in accord with the Fibonacci levels of 50 and 61.8% and the presence of the 100 Moving average that,

EUR FUNDAMENTAL BIAS: NEUTRAL 1. Monetary Policy The ECB used the April meeting as a place holder meeting for the most part by not announcing any additional policy tweaks. The plans to phase out the APP into Q3 remained intact by reducing purchases from 40bln to 30bln in May and then down to 20bln i

Besides waiting for the Bullish Deep Gartley setup, there's another way to engage the USDCAD chart. If you are into this consolidation or sideways movement, you could wait for a trading setup on the lower timeframe, preferably the 1-hourly chart for this setup. You can wait for a minimum setup of Do

Russia launched a 'military operation' against Ukraine - effectively an invasion - early Thursday morning, triggering global fears of a major multi-national armed conflict. Russian President Vladimir Putin announced the attack in a televised address, which follows his declaration that a 2015 peace d

The crypto market is witnessing a little continuation of the earlier decline. This post is all about the top 5 cryptocurrencies that performed excellently in the last seven days. Prices appeared to have bounded lower while people were busy celebrating the last week of 2021. At the time of writing th

While the broader market refrained from high volatility in the past 24-hours, Cosmos and Fantom eyed to retest their ATH level. Their near-term technicals chose the buyers. But both their CMFs could barely cross the equilibrium. Similarly, Tron saw overbought readings on the Bolinger bands and saw a

Commerce Secretary Gina Raimondo said she is committed to the administration’s goal of universal broadband by 2030, but cautioned that distributing funds from the new infrastructure law to meet that deadline could take years. “I knew the president would be able to deliver on this,” Raimondo said in