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Category: Forex Market

XAU/USD finds cushion below $3,300 while 50-day EMA acts as key barrier
Forex News

XAU/USD finds cushion below $3,300 while 50-day EMA acts as key barrier

[ad_1] Gold price finds temporary support below near $3,270, while downside seems more likely. Traders pare Fed dovish bets as…

by Trade r edarTAugust 1, 2025
USD/JPY Mid-Day Outlook – Action Forex
Technical Analysis

USD/JPY Mid-Day Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 149.29; (P) 150.07; (R1) 151.54; More… Intraday bias in USD/JPY is turned neutral first with current…

by Trade r edarTAugust 1, 2025
Fed’s Waller and Bowman urge proactive rate cut amid labor market risks
Fundamental Analysis

Fed’s Waller and Bowman urge proactive rate cut amid labor market risks

[ad_1] Fed Governors Christopher Waller and Michelle Bowman issued rare public statements today defending their dissenting votes in favor of…

by Trade r edarTAugust 1, 2025
Pound Sterling slumps against US Dollar as traders pare Fed dovish bets
Forex News

Pound Sterling slumps against US Dollar as traders pare Fed dovish bets

[ad_1] The Pound Sterling slides to near 1.3200 against the US Dollar as the Greenback trades firmly. Traders pare Fed…

by Trade r edarTAugust 1, 2025
US NFP misses with 73k growth and sharp downward revision, EUR/USD bounces
Technical Analysis

US NFP misses with 73k growth and sharp downward revision, EUR/USD bounces

[ad_1] U.S. non-farm payrolls rose just 73k in July, well short of the expected 102k. Unusually large revisions made the…

by Trade r edarTAugust 1, 2025
USD/CHF Technical: Swiss Franc’s Medium-Term Bearish Trend in Progress
Fundamental Analysis

USD/CHF Technical: Swiss Franc’s Medium-Term Bearish Trend in Progress

[ad_1] The Swiss franc has continued to face downside pressure against the US dollar as it extends its losses in…

by Trade r edarTAugust 1, 2025
CAD tumbles on trade concerns as markets digest Fed/BoC risk – Scotiabank
Forex News

CAD tumbles on trade concerns as markets digest Fed/BoC risk – Scotiabank

[ad_1] G10 currencies are mixed as we head into Thursday’s NA session, with no clear unifying theme as markets respond…

by Trade r edarTAugust 1, 2025
EUR/GBP Daily Outlook – Action Forex
Technical Analysis

EUR/GBP Daily Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 0.8597; (P) 0.8628; (R1) 0.8676; More… EUR/GBP recovered after dipping to 0.8609 and intraday bias is…

by Trade r edarTAugust 1, 2025
EUR/JPY Daily Outlook – Action Forex
Fundamental Analysis

EUR/JPY Daily Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 170.41; (P) 171.37; (R1) 173.03; More… EUR/JPY rebounded strongly after diving to 169.69 and intraday bias…

by Trade r edarTAugust 1, 2025
NZD/USD approaches 0.5885 lows on strong US Dollar, downbeat data from China
Forex News

NZD/USD approaches 0.5885 lows on strong US Dollar, downbeat data from China

[ad_1] The New Zealand Dollar gives away its previous gains and drifts closer to multi-month lows at 0.5885. Weak manufacturing…

by Trade r edarTAugust 1, 2025

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