Dale J Pinkert
Independent Analyst
TradeGateHub Live Trading: The USDCAD is holding its ground despite ongoing trade talks. The coach provides a deep dive analysis on USDCAD, offering insights into its current behavior. He also shares the USDJPY chart, highlighting key targets. Meanwhile, the DXY experienced a stop hunt last night, and Bitcoin is notably not leading the current risk-on move.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
EUR/USD keeps the constructive stance, still below 1.1800
EUR/USD maintains a tight range around 1.1780 and continues to be on pace to finish the week with a decent increase. Due to the cautious market position, the pair's potential for extra gains appears limited as the deadline for US tariffs approaches. In the meanwhile, markets in the United States remain closed to observe the July 4th holiday.
GBP/USD treads water around 1.3650
The British Pound alternates gains with losses on Friday, prompting GBP/USD to gyrate around the mid-1.3600s amid thin trade conditions and scarce volatility following the inactivity in the US markets. Meanwhile, investors remain watchful regarding the recent tensions in the UK political landscape.
Gold embarks on a consolidative phase around $3,300
Gold prices maintain a consolidative theme around the $3,300 mark per troy ounce, en route to clock decent weekly gains after two consecutive retracements. In the meantime, the precious metal is expected to remain under scrutiny on the back of trade concerns and the likelihood that the Fed might cut rates later in the year.
Tariff concerns have eased – But not vanished
A combination of easing geopolitical concerns and resilient macro data has supported markets' risk sentiment over past weeks. The risk of Donald Trump resuming aggressive tariff hikes is still looming in the background, but for now it appears likely that the highest tariff rates announced on April's 'Liberation Day' will not be reinstated.
The Big, Beautiful Bill: Trojan horse or lead balloon?
Markets in Asia open with one eye on Tokyo and the other on Washington, where Trump’s so-called “Big, Beautiful Bill” has cleared the Senate—but not without leaving a trail of bruises and backlash.
Best Brokers for EUR/USD Trading
The EUR/USD pair is the most traded currency pair in the Forex market, representing the relationship between the Euro, the Eurozone’s official currency, and the US Dollar. Known for its high liquidity and tight spreads, the EUR/USD pair is a favorite among traders, from beginners to seasoned professionals.