Mr. Trump continues to shape the world to his taste: he has doubled tariffs on Indian imports to 50% because he doesn’t want them to buy oil from Russia. Mr. Rubio, from his negotiation team, gently met with the Swiss delegation — and when I say delegation, I mean two Federal Councillors, including the President … Read more

The GBP/USD pair climbed to 1.3355 on Thursday as markets braced for today’s Bank of England (BoE) meeting. Traders are closely watching two key factors: the voting split among Monetary Policy Committee (MPC) members and any signals regarding future rate moves. The central bank is widely expected to cut interest rates by 25 basis points … Read more

Key Highlights Bitcoin corrected gains and tested the $112,000 support. BTC/USD is now recovering toward a bearish trend line with resistance at $117,500 on the 4-hour chart. Ethereum is consolidating gains above the $3,250 support. XRP price could start a fresh increase if it stays above $2.840. Bitcoin Price Technical Analysis Bitcoin price started a … Read more

As the EUR/USD chart shows today, the euro has strengthened against the US dollar, climbing above the 1.1670 level, compared to the 1.1400 area at the beginning of the month. Why Is EUR/USD Rising? According to Reuters, the US dollar’s weakness is being driven by: → Expectations of a Federal Reserve rate cut, which intensified … Read more

Today, the Bank of England (BoE) is set to cut its short-term policy interest rate by 25 basis points to 4%, its lowest level in over two years, based on consensus expectations. It will be the BoE’s second rate cut this year, as several of its Monetary Policy Committee members were cautious over a sticky … Read more

The FTSE 100 edged higher this morning ahead of the highly anticipated Bank of England (BoE) interest rate meeting. Markets are expecting a rate cut from the BoE today which could help propel the FTSE 100 to fresh all-time highs, Looking at a sector breakdown for the FTSE and consumer non-cyclicals leads the way with … Read more

Risk-on sentiment was on full display since the start of this week, as optimism around the US technology boom driven by Artificial Intelligence (AI) once again overshadowed more worrisome global developments on tariffs and growth. AI optimism triggered another bullish impulsive move on US equities On Wednesday, 6 August, U.S. equities rallied on news that … Read more

As our members know we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in GBPUSD. The pair has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this article, we’ll break … Read more

Hello traders. In this article, we are going to present another Elliott Wave trading setup we got in Dollar Index . As our members know DXY index remains bearish against the 101.936 pivot. Recently Dollar made a clear 3 waves recovery completed precisely at the Equal Legs zone, referred to as the Blue Box Area. … Read more

Gold price rose on Thursday morning as new packages of increased US import tariffs took effect, adding to high global uncertainty and prompting investors into safety. Fresh rise cracked strong resistances at $3400 zone (Fibo 76.4% of $3438/$3268 / psychological /upper triangle boundary) but failed to break higher on first attempt. As expected, bulls faced … Read more