Monthly Archives: July 2025
Chart the Market (27/06/2025)
Written on July 1, 2025 at 7:14 am, by
BTC, H4: Bitcoin (BTC/USD) is attempting to break out of a descending channel that has governed price action since early June, with the current rally pushing up against the upper boundary of this pattern. The move has gained traction after reclaiming the $107,000 area, a key horizontal level that previously acted as both support andContinue Reading
Euro Rallies on Fed Cut Bets and Trade Optimism
Written on July 1, 2025 at 7:12 am, by
Key Takeaways: *EUR climbed as dollar weakens on rising Fed rate cut bets *U.S.-EU trade deal optimism lifts eurozone outlook, boosts risk appetite *ECB seen cutting by year-end, but mixed data tempers near-term dovish shift Market Summary: The euro continued to climb toward multi-year highs, buoyed by a confluence of dollar softness and improving transatlanticContinue Reading
Aussie Holds Steady Ahead of Key RBA Decision, Faces Volatility on Policy and Data Cues
Written on July 1, 2025 at 7:11 am, by
Key Takeaways: *The Australian dollar remains range-bound as traders await next week’s RBA policy announcement, with no signs of imminent aggressive easing. *Better-than-expected Chinese manufacturing data lifted the Aussie, reflecting its sensitivity to economic signals from its top trading partner. *Upcoming retail sales data could influence short-term AUD sentiment and reinforce expectations for a steadyContinue Reading
