FXOpen official

​#USDCAD #forextrading #tradingtips #marketanalysis USD/CAD USD/CAD has formed a bullish engulfing candlestick pattern after rebounding sharply from the significant support level at 1.4000. The technical outlook suggests the pair could extend its recovery towards the 1.4170–1.4200 region if the pattern plays out. Conversely, a break below 1.4000 could expose the next downside target around 1.3900–1.3940. Key events for USD/CAD: ▪️Today at 14:00 (GMT+3): US MBA Mortgage Applications Index ▪️Today at 17:30 (GMT+3): US Crude Oil Inventories ▪️Tomorrow at 15:30 (GMT+3): Canada Core Retail Sales Overall, geopolitical tensions continue to underpin the US dollar while limiting the recovery of commodity-linked currencies. Over the coming days, the key drivers for AUD/USD and USD/CAD will be Australia's labour market data, movements in oil prices, and further

​#AUDUSD #USDCAD #forextrading #tradingtips #marketanalysis AUD/USD and USD/CAD React to Rising Geopolitical Risks Commodity-linked currencies remain under pressure as geopolitical tensions in the Middle East continue to escalate. The United States has maintained strikes on targets in Iran, while the Tehran-backed Houthis have intensified threats to shipping in the Red Sea and near key oil transit routes. Heightened geopolitical uncertainty has increased demand for traditional defensive assets, supporting the US dollar while weighing on risk-sensitive currencies such as the Australian dollar. In the coming trading sessions, market participants will focus on Australia's labour market report. Employment growth is expected to slow sharply, while the unemployment rate is forecast to remain unchanged at 4.4%. Weaker-than-expected figures could add pressure to AUD/USD by reinforcing expectations that the Reserve Bank of Australia may continue easing monetary policy. For USD/CAD, attention will also turn to the weekly US crude oil inventory data. Although geopolitical developments continue to support oil prices, the outlook for commodity-linked currencies will depend not only on the direction of the energy market but also on incoming macroeconomic data and further developments in the Middle East. AUD/USD AUD/USD has begun to lose upside momentum after testing the key resistance zone between 0.7000 and 0.7030. On the daily chart, a doji candlestick has formed, suggesting the pair could resume its decline towards the 0.6920–0.6870 area. However, a decisive break and close above 0.7030 could open the way for a further advance towards 0.7080–0.7100. Key events for AUD/USD: ▪️Tomorrow at 04:30 (GMT+3): Australia Employment Change ▪️Tomorrow at 04:30 (GMT+3): Australia Labour Force Participation Rate ▪️Tomorrow at 15:30 (GMT+3): US Initial Jobless Claims

​#GBPCHF #marketanalysis #MarketNews #forextrading #forex GBP/CHF: Trendline or RSI — Which One Is Lying? Sterling enters this week on firmer footing, with political uncertainty fading fast after Andy Burnham's confirmation as Labour leader eased investor concerns over the succession to Keir Starmer. Markets reacted further to reports pointing to Shabana Mahmood as the frontrunner for Chancellor, viewed as the more fiscally disciplined choice. On the policy front, the Bank of England remains firmly in tightening mode, with markets fully pricing a rate hike by year-end, reinforced by renewed Middle East tensions pushing oil to one-month highs and stoking fresh inflation risks. The Swiss franc, meanwhile, continues to play its familiar dual role. Domestically, the picture argues for weakness—the SNB holds its policy rate at zero, inflation sits near zero, and growth remains subdued after Bern trimmed its 2026 GDP forecast due to elevated US tariffs. Yet globally, the franc keeps drawing so-called safe-haven demand from the same conflict fueling GBP's hawkish repricing, with the SNB explicitly flagging renewed willingness to intervene against excessive appreciation. Technical Analysis As the 4-hour chart of GBP/CHF shows, price broke decisively higher in early July after nearly three months of consolidation, a move fueled by these same political and macro drivers. The breakout has since evolved into a clear uptrend, though price action is now showing early signs of exhaustion beneath the surface. Bullish Scenario Having broken above 1.0700, price has held firmly above this level, forming a consistent pattern of higher highs and higher lows within an ascending parallel channel. The 100-period EMA sits comfortably below price, reinforcing the case that buyers remain in control, ready to defend any dip toward the channel's lower boundary or the moving average. Bearish Scenario Not everything lines up with this bullish picture, however. The RSI is forming lower highs and lower lows even as price prints higher highs, creating a persistent bearish divergence that hints at fading momentum. However, sellers would need a confirmed break below the ascending trendline and the 100-period EMA to gain real conviction—a breakdown that could send price back to retest the pivotal 1.0700 zone, and potentially back into the broader 1.0500–1.0700 range. So which signal is telling the truth: the rising channel and supportive EMA, or the quiet warning building in the RSI?

​#XAGUSD #commodities #silverprice #marketanalysis #MarketNews Silver Attempts to Break Out of Its Range Silver continues to balance between its dual role as an industrial metal and so-called refuge asset, and this combination largely explains the lack of a clear trend in recent weeks. Shifting expectations for central bank interest rates can influence the appeal of a non-yielding asset such as silver, while the structural supply deficit remains supported by growing investment demand, offsetting more subdued industrial consumption. These opposing forces help explain why silver prices continue to trade within a broad range, with the market still lacking a decisive catalyst for a sustained directional move. XAG/USD: Technical Picture On the four-hour chart, silver (XAG/USD) is trading within a structure resembling a triangle. The descending trendline connects the swing highs formed after the peak near $63.000, while the ascending trendline links the series of higher lows from the $56 area. Their convergence coincides with the current high-volume area of the market profile. Following an attempted breakout, the price is now testing the lower boundary of the profile at $56.643 from below. If this level continues to act as resistance, the next notable support could be found near $54.846. Should the price move back into the range, the Point of Control (POC) at $58.357 and the upper boundary of the profile at $59.895 could become the primary upside reference levels, followed by the red resistance level at $60.686. At the same time, vertical volume has not shown the decline in trading activity that is typically associated with a triangle pattern as the range narrows. The RSI + MAs indicator currently shows readings of 45, 40, and 42. The moving averages remain red, are pointing higher, and are positioned just below the neutral zone, while the RSI line itself has yet to break out of that neutral range. Summary The attempted breakout from the triangle has so far failed to gain momentum, with the price returning to the market profile boundary. Meanwhile, the RSI + MAs indicator does not yet confirm either a bullish or bearish scenario. The Federal Reserve meeting on 28–29 July could become the next major catalyst, potentially determining the market's next directional move.

​#NASDAQ #stocktrading #stockmarket #marketanalysis #MarketNews Nasdaq 100: Is This the Correction Traders Have Been Waiting For? The Nasdaq 100 (US Tech 100 Mini on FXOpen) remains caught between two opposing forces: cooling inflation on one side, and persistent geopolitical instability on the other. On 14 July, June's CPI print came in softer than expected, easing near-term Fed tightening bets and triggering a broad rebound across tech stocks, particularly semiconductors, which had been under heavy pressure. That relief, however, has been repeatedly tested by renewed US-Iran hostilities, which pushed oil prices higher and lifted US Treasury yields, weighing on rate-sensitive growth names throughout the week. Every attempt at recovery has coincided with a brief easing of tensions, only for fresh escalations to reintroduce volatility days later. Beneath the surface, semiconductors remain the index's clearest fault line: even as broader sentiment improves, doubts over the sustainability of AI-driven valuations continue to trigger selective selling in the sector. Meanwhile, SpaceX's addition to the index on 8 July has added a steady stream of passive buying, while the start of earnings season has kept investors' attention split between fundamentals and geopolitics. Technical Analysis of the Nasdaq 100 As the chart shows, after testing the 30,000 zone on three separate occasions, the Nasdaq 100 (US Tech 100 Mini on FXOpen) has struggled to build fresh momentum, entering a consolidation phase with a bearish tilt. This is clearly visible in the descending trendline that has been respected for roughly a month, alongside the index's inability to print higher highs. Bullish Scenario As with other risk assets, geopolitics remains the primary driver of the index's true direction. Should tensions stay contained rather than escalate further, the Nasdaq has room to extend its recovery. Technically, price finds itself at a decisive juncture: after bouncing from the 28,200-28,300 zone, which had already acted as a floor in early June, the index now faces its first real test at the 28,800-29,000 area. This zone, a former support level now turned resistance, is the key level to watch. A confirmed breakout above it could signal renewed strength and reopen the path back into the broader 29,000-30,000 consolidation range. Bearish Scenario With geopolitical risk still running high, sentiment toward risk assets remains fragile. Technically, the Nasdaq 100 (US Tech 100 Mini on FXOpen) appears to have broken down from the two-month consolidation range, losing the 29,000 support in the process. The formation of the descending trendline reflects the index's failure to generate higher highs, a clear sign of underlying weakness. Adding to this picture, the 100- and 200-period EMAs on the 4H chart are now crossing—the same signal that preceded April's strong bullish reversal, this time playing out in the opposite direction. The 29,000 resistance now holds the key to the next move. Can the Nasdaq 100 (US Tech 100 Mini on FXOpen) reclaim its footing, or is this only the beginning of the correction traders have been waiting for?

​#AUDCAD #forextrading #forex #marketanalysis #MarketVolatility AUD/CAD: Months of Indecision — Is a Breakout Finally Coming? The Australian dollar has clawed back most of its end-of-June losses, when it touched three-month lows against the greenback amid escalating Middle East tensions. Since then, sentiment has improved: the RBA's Assistant Governor Sarah Hunter signalled the board stands ready to tighten further if the recent oil shock feeds into inflation expectations. Still, resilient business surveys and a modest improvement in consumer confidence point to an economy holding up better than feared. The Bank of Canada told a similarly nuanced story this week. Policymakers held the overnight rate steady at 2.25% and struck a cautiously optimistic tone on the domestic economy, upgrading medium-term growth expectations. At the same time, officials were careful to flag that instability in the Middle East continues to weigh heavily on the broader outlook, keeping the door open to both risks and opportunities depending on how the conflict evolves. The result: two central banks watching the same geopolitical flashpoint, each balancing early signs of domestic resilience against a risk backdrop neither can fully control. AUD/CAD Technical Analysis As the 4-hour chart shows, AUD/CAD has been trading within a broader range between the 0.9750 support and 0.9950 resistance since April, with price action compressing into a tighter symmetrical triangle since June. This narrowing structure suggests a breakout could soon define the pair's direction over the medium term. Bullish Scenario Price continues finding support along the ascending trendline, having bounced off it multiple times and testing it once again. A renewed sign of strength here—breaking both the 200-period EMA and the descending trendline—would open the path back towards the 0.9950 resistance, the acid test for whether this level finally gives way or rejects price once more. Bearish Scenario Should the ascending trendline finally break, price would quickly face the critical 0.9750 support, a level traders have been watching closely for months. A bounce here keeps the pair locked within its consolidation range, but a decisive break after so many failed attempts would likely signal a medium-term trend shift, opening the door toward the next area of interest between 0.9500 and 0.9550. Will AUD/CAD finally commit to a direction after months of indecision?

​#USDJPY #forextrading #forex #marketanalysis #MarketVolatility USD/JPY: Battling at the Top of the Triangle On 3 July, Japan's Finance Minister, Satsuki Katayama, stated that the Ministry of Finance remains in close contact with US authorities regarding developments in USD/JPY as the yen traded near its weakest level in almost 40 years. Similar verbal warnings have become increasingly common whenever the pair approaches the 162.00 area, although no direct intervention has been announced so far. At the same time, weaker-than-expected US inflation data added pressure to the dollar. On 14 July, June's Consumer Price Index came in below forecasts, significantly reducing expectations of a Federal Reserve rate hike at the July meeting and pushing US Treasury yields lower. The combination of increasingly cautious rhetoric from Japanese officials and softer US inflation expectations may keep USD/JPY range-bound, preventing buyers from establishing a sustained break above its multi-decade highs. Technical Picture On the four-hour chart, USD/JPY advanced steadily throughout June, reaching a peak near 162.80 on 1 July. A sharp reversal followed, with the pair dropping rapidly to the 160.50 area, where the green support zone is currently located. The decline coincided with market speculation about a possible currency intervention by the Japanese authorities. After rebounding from the 3 July low, the pair began forming a triangle pattern. Price is now testing the upper boundary of the formation, although the attempted upside breakout is currently being capped by the upper edge of the current volume profile at 162.45. Just above this level lies the red resistance zone at 162.70. The Point of Control (POC) is located around 162.08 and could become a key magnet if the pair moves back towards the lower part of the range, where two additional important technical levels are visible: the lower boundary of the volume profile at 161.45 and the green support zone at 160.50. Volume behaviour also deserves attention. The break above the triangle's upper boundary was not supported by strong bullish volume, indicating limited buying conviction and increasing the risk that the breakout could soon reverse. Meanwhile, the RSI + MAs oscillator stands at 54, 52 and 52 respectively, with all three readings remaining firmly in neutral territory, reinforcing the current lack of directional conviction. Key Takeaways USD/JPY is testing the upper boundary of its current market structure while momentum indicators remain neutral. The lack of bullish volume at the breakout adds uncertainty, while the Point of Control around 162.08 could be the key reference level if price begins to move lower.

​#GBPUSD #forextrading #marketanalysis GBP/USD GBP/USD is recovering more strongly than EUR/USD. Buyers have managed to establish the pair above the important 1.3500 resistance level, and positive UK macroeconomic data could pave the way for a further advance towards the 1.3610–1.3680 region. At the same time, after such a rapid rally, a corrective pullback could see the pair retest the 1.3440–1.3480 area, this time as support. Key events for GBP/USD: ▪️09:00 (GMT+3): UK Gross Domestic Product (GDP); ▪️14:00 (GMT+3): NIESR Monthly UK GDP Tracker; ▪️18:30 (GMT+3): Atlanta Fed GDPNow estimate. Overall, European currencies retain the potential to extend their recovery as markets continue to price in a more accommodative Federal Reserve. However, today's economic releases from the UK, the eurozone, and the US could significantly reshape market sentiment. If US data once again disappoint expectations, EUR/USD and GBP/USD may receive additional support. Conversely, stronger-than-expected US figures could revive demand for the dollar and limit further gains in European currencies.

​#EURUSD #GBPUSD #forextrading #marketanalysis #MarketVolatility European Currencies Strengthen Ahead of Key Macroeconomic Releases EUR/USD and GBP/USD continue to recover moderately following the recent weakening of the US dollar. European currencies have been supported by expectations that US inflationary pressures will continue to ease after softer-than-expected CPI and PPI data, reinforcing market hopes for a more accommodative Federal Reserve policy. However, the upside potential for both the euro and the pound remains limited amid persistent geopolitical tensions. The United States continues to carry out strikes against targets in Iran, supporting demand for defensive assets and periodically boosting the US dollar. Today, traders will closely monitor a series of important economic releases from the United Kingdom, the eurozone, and the United States, which could determine the next direction for the major currency pairs. EUR/USD EUR/USD continues to develop after a bullish engulfing reversal pattern while attempting to establish itself above the key resistance level at 1.1460. Technical analysis suggests the pair could extend its advance towards the 1.1540–1.1580 area. The bullish scenario would be invalidated by a decisive move below 1.1370. Key events for EUR/USD: ▪️11:40 (GMT+3): Spain 10-year government bond auction; ▪️15:30 (GMT+3): US Core Retail Sales; ▪️15:30 (GMT+3): US Philadelphia Fed Manufacturing Index.

​#DJIA #stocktrading #stockmarket #marketanalysis #MarketNews Dow Jones (DJIA): Consolidation Beyond the Trend Federal Reserve Chair Kevin Warsh testified before Congress on 14–15 July, reaffirming the Fed's commitment to bringing inflation back to target while providing no clear guidance on the future path of interest rates. Meanwhile, June inflation data came in softer than expected, with annual consumer price growth slowing to 3.5% from 4.2% in May, temporarily supporting risk appetite. At the same time, the earnings season got underway, with Goldman Sachs reporting better-than-expected results on 14 July, providing additional support for the Dow Jones Industrial Average index (Wall Street 30 on FXOpen). Technical Picture The Dow Jones Index (WS30m on FXOpen) advanced along an ascending trendline from its 23 June low, reaching the 53,400 area on 7 July, marked by the red resistance level. A sharp decline then followed, breaking below the trendline, with prices subsequently consolidating within the range of the large bearish breakout candle. Since then, the index has been trading within the current market profile, compressed between the profile's upper boundary at 52,770 and the Point of Control (POC) at 52,550, awaiting a catalyst to break out of the current range. If the bearish scenario unfolds and the price falls below both the trendline and the lower boundary of the market profile at 52,240, market participants might focus on the 51,750 area, where the index could potentially find support during a further decline. The RSI + MAs indicator currently shows readings of 55, 49, and 50 respectively, with all three remaining in neutral territory and providing no clear directional signal. Summary With the RSI lacking momentum and price remaining confined to a narrow range between the POC and the upper boundary of the market profile, the market appears to be in a pause following the failed trend breakout. A potential catalyst for a decisive move could come from the US June Retail Sales report, due later today, 16 July, while the Federal Reserve's policy meeting on 29 July may provide the next major directional trigger.

​#OilPrices #brentoil #commodities #marketanalysis #MarketNews Brent Crude Oil: From Ceasefire to Crossfire — What's Next? Just weeks ago, traders were pricing in peace. Now they're pricing in war again—and that reversal says everything about how fragile the current Middle East calm really is. Brent crude has surged to $86 a barrel, its highest level in a month, after the Washington-Tehran ceasefire effectively collapsed. US strikes hit Iranian defence infrastructure, Iranian missiles struck Emirati tankers, and Washington reinstated its naval blockade of Iranian ports. Additionally, yesterday's June CPI year-on-year print eased bullish pressure on the dollar and gave a lift to dollar-denominated assets. Headline inflation fell to 3.5% year-on-year, well below the expected 3.8%, largely thanks to a sharp drop in energy prices during June. However, the read looks backward-looking rather than structural: it reflects June's energy weakness, before the ceasefire unraveled. Technical Analysis of Brent Crude Oil As the chart shows, Brent entered a clear downtrend after being repeatedly rejected from the psychological $110 zone in May, marked by lower highs and lower lows and a descending trendline respected for nearly two months. Bullish Scenario After bottoming near $70 in early July, Brent shifted character, printing higher highs and higher lows due to renewed Middle East tensions. This was confirmed by a break and retest of the descending trendline, followed by a reclaim and retest of the 200-period EMA. With two ascending trendlines now supporting the move, price sits at a key juncture: the $85 zone, a former support turned resistance. A confirmed break here would open the path back toward the $90-$92 zone. Bearish Scenario Alternatively, Brent could reject $85 once again, pulling the price back into the $70–$80 range that has defined the past month. Confirmation would come from a break below both the short-term trendline and the 200-period EMA, signaling that buyers have lost control and exposing the range lows. Brent Crude now sits at a genuine crossroads, caught between an unresolved geopolitical crisis and a technical structure hinting at renewed strength. Whether this bounce marks a real turning point or just another head-fake within a volatile range will likely hinge on who blinks first—Washington and Tehran, or buyers and sellers at $85. Either way, the next move could set the tone for the entire energy market this summer.

​#USDCAD #forextrading #marketanalysis USD/CAD Following confirmation of the bearish tower top reversal pattern, selling pressure on USD/CAD intensified, reinforced by the weaker-than-expected US inflation data. As a result, the pair declined below 1.4100. Technical analysis suggests there is scope for a further move lower towards the 1.3960–1.4020 area. A decisive break back above 1.4120 could revive the bullish outlook. Key events for USD/CAD: ▪️Today at 16:45 (GMT+3): Bank of Canada interest rate decision ▪️Today at 17:30 (GMT+3): US Crude Oil Inventories ▪️Today at 17:30 (GMT+3): Bank of Canada press conference Overall, the weaker US inflation report strengthened expectations of a more accommodative Federal Reserve, weighing on the US dollar and supporting commodity-linked currencies. However, the next moves in AUD/USD and USD/CAD will depend on upcoming economic data and the Bank of Canada's policy guidance.

​#AUDUSD #USDCAD #forextrading #marketanalysis #MarketVolatility AUD/USD and USD/CAD React to Softer US Inflation Commodity-linked currencies strengthened after US inflation data came in weaker than expected. The Consumer Price Index (CPI) slowed to 3.5% year-on-year in June, below the 3.8% forecast, while core inflation eased to 2.6% versus expectations of 2.8%. On a monthly basis, headline CPI unexpectedly fell by 0.4%, while core CPI was unchanged. The moderation in inflationary pressure increased expectations that the Federal Reserve may adopt a more accommodative policy stance, putting pressure on the US dollar and supporting both the Australian and Canadian dollars against the greenback. However, despite the weaker US dollar, the next move in USD/CAD will largely depend on the Bank of Canada's policy decision. Later today, the central bank will announce its interest rate decision, publish its updated Monetary Policy Report, and hold a press conference with the Governor. If policymakers maintain a cautiously hawkish tone on inflation, the Canadian dollar could receive additional support. Conversely, a more dovish message may limit CAD gains despite the broader weakness in the US dollar. Market participants will also focus on the release of the US Producer Price Index (PPI), which will provide further insight into inflation trends following the softer CPI report. In addition, US crude oil inventory data could influence USD/CAD, as oil prices traditionally have a significant impact on the Canadian dollar. AUD/USD The AUD/USD pair continues to develop the bullish engulfing reversal pattern. Yesterday, buyers managed to test the key resistance level around 0.7000. If the pair secures a sustained break above this level, the rally could extend towards the 0.7080–0.7130 area. The bullish scenario would be invalidated by a move below 0.6900. Key events for AUD/USD: ▪️Today at 14:00 (GMT+3): US MBA Mortgage Market Index ▪️Today at 15:30 (GMT+3): US Producer Price Index (PPI) ▪️Today at 15:45 (GMT+3): Speech by FOMC member John Williams

​#EURGBP #forextrading #marketanalysis #MarketVolatility EUR/GBP: Trendline Support or Breakdown to New Lows? EUR/GBP has slid to its weakest level in a year, as the two currencies continue to follow increasingly divergent paths. The ECB's June hike—its first since 2023—was meant to signal renewed hawkishness, but the very next inflation print undercut that narrative: price growth cooled from 3.2% to 2.8%, enough for markets to now assign an 88% probability that policymakers will simply hold steady at their July 23 meeting. In other words, the euro's tightening story may already be running out of road. The pound, by contrast, is benefiting from a rare double tailwind. Domestically, much of the political uncertainty that had weighed on sterling appears to be fading as investors look past recent leadership turmoil, while falling mortgage rates and a sharp drop in diesel prices are easing cost-of-living pressure at home. On the policy side, traders are increasingly convinced the Bank of England still has room to hike before year-end, with odds now sitting near 76%—a stark contrast to the ECB's apparent pause. Put simply, the euro's hawkish window looks to be closing, while the pound is gaining traction on two fronts at once. That divergence is exactly what's driving EUR/GBP toward these lows—and it's worth asking how much further it can run. EUR/GBP Technical Analysis As the H4 chart shows, prices spent months trading lower from the April highs. In mid-June,  the pair broke above the descending trendline. Since then, that same trendline has flipped into support, and price now appears to be testing it again from above. Bullish Scenario Adding weight to this reading is a bullish RSI divergence: while price printed a fresh low in early July, the RSI itself formed a higher low, hinting at fading downside momentum beneath the surface. If buyers step in and defend the reclaimed trendline along with the 0.8500 psychological zone, this divergence could gain real technical credibility. It would open the door for a corrective bounce with scope to extend meaningfully higher towards the former support, now resistance, near the 0.8600 zone. There, price could face an important test. A break above this level could open the way towards the 0.8680–0.8700 zone, a historic equilibrium area for the pair. Bearish Scenario However, if sellers manage to push back through this trendline, decisively flipping it back into resistance, the bullish divergence would quickly lose much of its relevance and credibility. In that case, the focus would shift immediately to the psychological 0.8500 support. A confirmed break below it could signal that the broader downtrend remains firmly intact, likely triggering a fresh leg lower and exposing the pair to new multi-month lows last seen over a year ago. With price balanced right on this reclaimed trendline, and momentum quietly diverging from price, EUR/GBP's next move could prove decisive either way.

​#nvidia #NVDA #stockmarket #stocktrading #marketanalysis #MarketNews NVIDIA: Kyber NVL144 Dispute Weighs on the Stock NVIDIA shares found themselves at the centre of debate over the future of the Kyber NVL144 system. On 6 July, CNBC, citing research firm SemiAnalysis, reported that the project could be delayed by more than a year—from 2027 to 2028—due to manufacturing issues involving a specialised printed circuit board (PCB). NVIDIA firmly denied the claims, helping the stock recover more than 1%. Sentiment was also supported by a Goldman Sachs note, which described NVIDIA's forward P/E ratio of 21.7 as attractive compared with its historical average (estimated by secondary sources at around 72). According to SemiAnalysis, a delay could provide competitors such as AMD and Google with a temporary opportunity to narrow the technology gap. However, the market's reaction suggests investors are, for now, placing greater confidence in NVIDIA's denial than in the reported production concerns. Technical Outlook On the H4 chart, NVIDIA (NVDA) had been trading within a descending corrective channel that developed after the mid-May peak near $236. Recently, however, the price attempted to break above the channel's upper boundary. Combined with a move above the upper edge of the current Market Profile at $202, this increases the possibility that the corrective structure is beginning to reverse. If the bullish scenario unfolds, the next significant resistance levels could be located around $215 and $232. Below the current price, the Point of Control (POC) remains near $195, followed by two important support levels: the lower boundary of the Market Profile at $192 and the green support zone around $190. It is also worth noting that vertical trading volume declined noticeably during the second half of the corrective channel, which may indicate weakening market participation. As a result, the move above the Market Profile could prove temporary unless supported by stronger buying activity. Meanwhile, the RSI + MAs indicator currently reads 52, 52, and 48, with all three lines clustered in neutral territory and not yet providing confirmation of the potential upside breakout. Summary The break above the descending channel is technically encouraging, but without stronger volume confirmation it could still prove to be a temporary move within a broader correction. The stock's next directional move will likely depend on whether the debate surrounding the Kyber NVL144 project develops further or gradually fades from investors' attention.

​#AMZN #Amazon #stocktrading #stockmarket #MarketNews #AI Amazon: New Bond Issuance to Fund AI Infrastructure On 7 July, Amazon announced an eight-tranche bond offering worth at least $25 billion, with the proceeds expected to finance the construction of data centres and the expansion of its artificial intelligence infrastructure. Investor demand peaked at $62 billion, highlighting strong appetite for debt issued by major technology companies. Amazon has planned $200 billion in capital expenditure for 2026, up from $131 billion in 2025, with the majority of spending allocated to data centres, AI chips, and related infrastructure. Technical Outlook Following its May high near $278, AMZN shares (H4 timeframe) spent the next two months trading in a short-term downtrend, eventually falling to a low around $226. From that level, the stock reversed on strong volume, broke above the descending trendline, and recovered to current levels, signalling a shift in market sentiment. However, after the breakout, the price consolidated within the current Market Profile, between the Point of Control (POC) at $241 and the profile's upper boundary at $246.50. If the breakout continues to develop, the resistance area around $256 could become the next significant hurdle for buyers. Should the price move lower and break below the lower edge of the profile at $235.50, support could emerge near the $226 level. The RSI + MAs indicator currently shows readings of 54, 54, and 48, all within neutral territory and without a clear directional bias. Although the moving averages remain green, the RSI continues to move sideways, reflecting a lack of strong momentum. Summary The recovery from the June low, supported by rising trading volume and a break above the trendline, has so far failed to push beyond the current Market Profile range. With the RSI + MAs remaining in neutral territory, the overall technical picture remains mixed. The stock's next move may depend on whether investors remain confident that Amazon's substantial AI investments will generate sufficient returns to offset its rising debt burden.

​#USDCAD #forextrading #MarketVolatility #marketanalysis USD/CAD: One Trendline Away From Deciding the Next Move After several strongly positive weeks, USD/CAD has stalled over the past few sessions, entering a phase of uncertainty. On the dollar side, Fed Chair Kevin Warsh has struck a firm tone, reaffirming the 2% inflation target and pushing back against political pressure to cut rates, while sticky PCE inflation near 4% keeps hike odds alive for September. Yet June payrolls came in softer and speculative USD positioning looks stretched, raising doubts on how much further the rally can extend. Markets will also watch upcoming US CPI and PPI releases closely, as either gauge could reinforce the Fed hike case or, if softer, cap dollar strength. The loonie's story is similarly mixed. Canada's June jobs report beat expectations, reducing the odds of a BoC cut, yet the currency remains capped by falling oil prices, subdued inflation, and unresolved CUSMA trade uncertainty. Two currencies face both genuine support and headwinds, leaving USD/CAD hostage to this week's BoC decision and incoming US data—a backdrop that aligns well with what the chart itself is showing. USD/CAD Technical analysis As the 4H chart shows, USD/CAD has traded within a well-defined ascending channel since May's lows, and is now consolidating just below recent swing highs. The Fibonacci retracement drawn from that low to the July high offers a useful reference for the levels ahead. Bullish Scenario As long as price holds above the ascending trendline and defends the former resistance, now turned support, in the 1.4100 area, the broader uptrend structure remains firmly intact, and this pause looks far more like healthy consolidation than an early reversal signal. A confirmed bounce off the trendline, followed by a decisive push back above the recent swing high near the 1.4250 area, would validate continued bullish control and open the way for USD/CAD to extend its rally into fresh highs for the move, keeping the dollar's medium-term strength against the loonie firmly in place. Bearish Scenario A clean, sustained break below the ascending trendline would mark the first real technical warning sign, shifting near-term momentum decisively lower. In that case, the 0.382 and 0.5 Fibonacci retracement levels would become the first meaningful support tests, coinciding with the psychological 1.3900-1.4000 range. Losing these levels could expose a deeper slide towards the 0.618 retracement—an area that would confirm a genuine correction of the entire May-to-July rally rather than a simple pullback, and would put the pair's medium-term bullish structure into serious question. With price sitting right on the ascending trendline, the coming sessions could prove decisive in determining where USD/CAD heads next.

#Forex #Trading #USD #FederalReserve #Inflation #GBPUSD #EarningsSeason #StockMarket Weekly Market Insights with Gary Thomson: US Inflation, UK GDP, Chair Warsh Testimony, and Earnings In this video, we’ll explore the key economic events and market trends, shaping the financial landscape. Get ready for insights into financial markets to help you navigate the week ahead. Let’s dive in! In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the most critical events driving global markets. 👉 Key topics covered in this episode: 🔸US Inflation Rate — 14 July, 3:30 PM GMT+3 Investors are closely watching the latest US inflation report, as it could influence expectations for the Federal Reserve’s next policy decisions. A stronger-than-expected reading may revive expectations of tighter monetary policy and support the US dollar, while softer data could reinforce expectations that rates will remain unchanged for longer. 🔸 Fed Chair Warsh Testimony — 14–15 July Market attention is turning to Fed Chair Kevin Warsh’s first congressional testimony, where investors will look for fresh signals on interest rates, inflation and the economic outlook. Any shift in tone or unexpected comments could drive volatility across currencies, gold and US equities. 🔸 UK GDP Data — 16 July, 9:00 AM GMT+3 The latest UK GDP figures will provide insight into the strength of the British economy and could affect expectations for future Bank of England policy. With sterling already under pressure against the US dollar, any surprise in economic growth data may trigger increased volatility across GBP pairs. 🔸 US Earnings Season The start of the US earnings season will offer an early look at corporate performance, with major banks reporting results. Investor focus will be on credit demand, consumer activity and the overall health of the US economy, with financial sector results potentially setting the tone for broader equity markets. Gain insights to strengthen your trading knowledge. https://cutt.ly/mywcmq3V CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com. ⚠️ This video represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.

​#AUD #forextrading #tradingtips #marketanalysis #MarketNews Australian Dollar Holds Above the Current Market Profile The minutes from the Reserve Bank of Australia's (RBA) June meeting, released on 30 June, suggested that policymakers are not yet ready to rule out further policy tightening. Board members noted persistent excess demand and broad-based inflationary pressures across the economy, leaving the door open for another interest rate increase if required. Against this backdrop, the interest rate differential between Australia and the United States continues to support the Australian dollar, particularly as markets have scaled back expectations for further tightening by the Fed in the coming months. This combination of a relatively hawkish RBA and a more cautious Fed has helped underpin demand for the Australian dollar, although further macroeconomic data from both economies will likely be needed to reinforce this trend. Technical Picture On the 4-hour chart, AUD/USD recovered after declining from the 0.7080 area to June lows near 0.6865. During the rebound, the pair broke above its descending trendline, which some market participants may interpret as a sign that the previous downtrend has come to an end. The pair is currently trading above the upper boundary of the current market profile at 0.6930 and is approaching the local high around 0.6960. Below the current price lies the Point of Control (POC) at approximately 0.6896, followed by the lower boundary of the market profile at 0.6887. This area could be viewed by buyers as a potential support zone. Beneath this range sits the green support level 0.6865, representing the next significant reference point should a deeper correction develop. The RSI + MAs indicator remains close to the equilibrium zone, with readings of 55, 51, and 53. The moving averages are broadly flat, suggesting a lack of strong momentum and indicating that the market may be pausing before choosing its next direction. Summary The pair's position above the market profile and the break of the descending trendline may be viewed as supportive for buyers. However, the approach towards the 0.6960 resistance area could limit further gains unless additional fundamental catalysts emerge.

​#EURUSD #GBPUSD #forextrading #tradingtips #marketanalysis GBP/USD GBP/USD continues to outperform, extending its recovery after rebounding from the 1.3160–1.3200 support zone. Sterling has regained ground towards 1.3400, reflecting continued short-term buying interest. A sustained move above 1.3400 could pave the way for further gains towards 1.3460–1.3500. Conversely, a decisive break below 1.3320 would invalidate the current bullish outlook. Key events for GBP/USD: ▪️Today, 13:00 (GMT+3): UK Thomson Reuters/Ipsos Primary Consumer Sentiment Index (PCSI) ▪️Today, 16:00 (GMT+3): Speech by FOMC member John Williams ▪️Today, 20:30 (GMT+3): Speech by Dallas Federal Reserve President Lorie Logan Key Takeaways European currencies are attempting to regain stability after their recent decline, but the technical outlook remains mixed. EUR/USD is holding above key support near 1.1390, although the risk of renewed downside persists. By contrast, GBP/USD continues to recover and is now testing significant resistance around 1.3400. The next directional move will largely depend on developments in the Middle East, further guidance from the Federal Reserve, and whether buyers can secure sustained breaks above key technical levels.