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Forex News
Forex News

FTSE 100 today: Index closes flat; Deliveroo, BP rise on deal news

Posted onMay 6, 2025
Forex Short News
Forex Short News

USD/CAD touches the lows of the day as Carney arrives at the White House

Posted onMay 6, 2025

USD/CAD has been in a 150-pip range since April 15 but it’s near the low end of that range at the moment. I expect the …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD tests key swing area resistance as buyers push higher after holding MA support

Posted onMay 6, 2025

The NZDUSD is pushing toward the top of a key swing area, testing resistance near 0.6000, which sits just below the 2024 high. This marks …

Forex Short News
Forex Short News

Trump: The only question for Carney is why the US is subsidizing Canada

Posted onMay 6, 2025

This isn’t a promising start but it’s the same thing he’s said forever. We don’t need Canada’s cars, energy or lumber I look forward to …

Technical Analysis
Forex Short News, Technical Analysis

The S&P and Nasdaq indice bounce near 50-hour MAs. Buyers still holding short-term control

Posted onMay 6, 2025

Both the S&P 500 and Nasdaq indices came under modest selling pressure today, but buyers stepped in near key technical support, helping to stabilize the …

Forex Short News
Forex Short News

Tech faces turbulence as energy stocks surge: A detailed market analysis

Posted onMay 6, 2025

Sector Overview The tech sector is navigating choppy waters today, with major players showing mixed results. Microsoft (MSFT) slipped slightly at -0.34%, while Nvidia (NVDA), …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD holds support above 100-hour MA as bulls eye December highs

Posted onMay 6, 2025

The AUDUSD continues to exhibit a bullish bias after climbing to its highest level since early December 2024. Buyers have kept the pair supported above …

Forex Short News
Forex Short News

Bessent touts ‘very good offers’ on trade again, market yawns and sells the US dollar

Posted onMay 6, 2025

Beyonce is on tour but no one seems to care. The tickets are going for $25 and there are plenty of empty seats. At some …

Forex Short News
Forex Short News

Merz confirmed in second parliamentary vote

Posted onMay 6, 2025

The German political drama of the day is over as Merz was confirmed as Chancellor in the second anonymous vote. His coalition held a 12-seat …

Technical Analysis
Forex Short News, Technical Analysis

Is the third time a charm? EURUSD buyers take the price above the 200 hour MA

Posted onMay 6, 2025

The EURUSD is trading above its 200-hour moving average (currently at 1.1347) for the third consecutive day. In the previous two attempts, the pair posted …

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