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Category: Forex Short News

Forex Short News
Forex Short News

The World Cup of foreign exchange begins

Posted onDecember 5, 2025

The World Cup is in the USA, Canada and Mexico this year. The World Cup draw is underway now and the first three matchups drawn …

Forex Short News
Forex Short News

Baker Hughes oil rig count +6 to 413

Posted onDecember 5, 2025

Recall last week, Baker Hughes oil rig count fell -12. Today they rose by half of that with a gain of 6 to 413. The …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF Technicals: USDCHF has broken back above the 200 hour MA for the 1st time this week

Posted onDecember 5, 2025

The USDCHF is trading higher and has stretched to a new high for the week in the last hour or so of trading. Earlier this …

Forex Short News
Forex Short News

Most major European indices close lower and near lows for the day

Posted onDecember 5, 2025

Most of the major European indices are closing lower. The exception is the German DAX. The other indices are closing near lows for the day …

Forex Short News
Forex Short News

Trump says he’s getting along very well with Canada and Mexico

Posted onDecember 5, 2025

Earlier reports said Trump wouldn’t be talking trade with his North American counterparts but now that doesn’t seem to be the case: Have meetings set …

Forex Short News
Forex Short News

Bessent: China agreement is going well

Posted onDecember 5, 2025

Treasury Secretary Bessent is out with a good review of the China trade detente. He said the had a constructive call with He Lifeng today …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD Technicals: EURUSD falls below the 100 day MA, 100 hour MA and 38.2% retracement

Posted onDecember 5, 2025

The EURUSD is trading to new session lows and in the process is breaking below 3 technical levels: 100 day moving average at 1.1644 100 …

Forex Short News
Forex Short News

Heavy selling leads to several reversals

Posted onDecember 5, 2025

Gold is one of several assets that have seen heavy selling in the past half-hour. Gold has quickly turned a $50 gain into a small …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD Technicals: USDCAD continues its run lower and away from the 100 and 200 day MAs.

Posted onDecember 5, 2025

The USDCAD continued its move to the downside today, extending the sharp reaction that followed the stronger-than-expected Canadian jobs report. The data gave traders a …

Forex Short News
Forex Short News

G7 and EU in talks on full ban on Russian maritime services

Posted onDecember 5, 2025

Oil prices will like this: The EU and G7 in talks on imposing a full ban on accessing maritime services by Russia to disrupt oil …

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