Category Archives: Forex News

NASDAQ Futures Trading Map: Key Price Levels for Today This analysis provides a detailed trading map for NASDAQ futures on the March contract, highlighting critical levels to monitor. These key price levels can guide traders in evaluating price action and identifying attractive reward-to-risk opportunities. No specific trade predictions or calls are provided—this is a guide […]

Canadian Dollar Futures (6C Mar 2025): Day Trading Analysis and Key Levels [Jan 03, 2025] The Canadian Dollar Futures (6C March 2025) are currently trading at 0.69610, testing yesterday’s Value Area High (VAH) at 0.69605, which may act as a temporary support level. Below is an analysis of key levels for today and possible scenarios […]

Prior 6k Unemployment rate 6.1% vs 6.2% expected Prior 6.1% German unemployment rises by less than expected last month while the jobless rate remains steady at 6.1%. Amid the continued manufacturing recession, this will be one spot to be mindful about in the months ahead. This article was written by Justin Low at www.forexlive.com. Source […]

On Saturday at 1730 US Eastern time (2230 GMT), Federal Reserve Bank of San Francisco President Mary Daly and Federal Reserve Board Governor Adriana Kugler participate in “Monetary Policy” panel before the American Economic Association/ASSA annual meeting. Kugler is a Board Governor and therefore is a permanent voter at the Federal Open Market Committee (FOMC). […]

The National Development and Reform Commission of the People’s Republic of China (NDRC) is China’s State planner. more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Earlier from the Bank, signalling the likelihood of interest rate cut or cuts this year: *** People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC […]

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

Markets: USD leads, GBP lags WTI crude oil up $1.39 to $73.11 US 10-year yields down 1.6 bps to 4.56% Gold up $34 to $2658 S&P 500 down 0.2%. The US dollar was a strong performer to start the new year, it came out, I think it was more about the moves in capital flows […]

GBPUSD daily chart A technically-driven move is undoing the pound on the first real trading day of 2025. 2024 wasn’t a great year for the pound but it mostly kept pace with the US dollar due to a hawkish stance at the Bank of England relative to other developed market central banks. But it’s not […]

The Nasdaq 100 E-mini Futures (NQ March 2025) are trading at 21,474 at the time of this analysis, continuing a bullish move. Below is a breakdown of key price levels and what traders should watch as the market progresses. Bullish Bias Levels for NQ Today 21,438: A potential cooling-off level where price may pause. If […]