Yen weakens again [Video]

Tomasz Wisniewski Axiory Global Ltd.

In today’s Trader’s Edge Market Briefing, Tomasz found these unique setups that we thought you’d find interesting.

EURUSD continues trading inside of the channel down formation.

USDJPY sets new long-term highs. Anyone still remember anything about the intervention?

EURAUD climbs above key long-term horizontal resistance, that is a strong buy.

GBPJPY trades inside of the flag pattern. Currently price is trying to climb higher and break its upper line.

Gold accommodates below the 1680 USD/oz which will be a crucial resistance again.

Silver drops below the mid-term down trendline, the sell signal is back on.

WTI oil climbs up after two days of losses, but today’s gain is not really spectacular.

FTSE extends the correction inside of the falling wedge pattern.

Dow Jones still trades below the 38,2% Fibo, sentiment is negative.

Author

Tomasz Wisniewski

Axiory Global Ltd.

Tomasz was born in Warsaw, Poland on 25th October, 1985.

GBP/USD stays defensive near 1.3450 amid Mideast uncertainty

GBP/USD drifts lower to near 1.3460 in European trading on Thursday. Conflicting rhetoric from US and Iranian officials about a potential deal fuels market concerns, allowing the US Dollar to attract some haven demand. Next of note for the major is the US Initial Jobless Claims report, while Mideast headlines will remain in play.

EUR/USD turns lower toward 1.1500 as USD finds demand

EUR/USD is turning south toward 1.1500 in the European session on Thursday, pressured by a modest US Dollar rebound. Markets stay wary about the prospects of a US-Iran peace deal and the reopening of the Strait of Hormuz, keeping the safe-haven USD underpinned. The focus is now on the Eurozone Retail Sales and US Jobless Claims data.

How Wall Street rigs the game [Video]

In this week’s Live from the Vault, Andrew Maguire is joined by Peter Antico and Sean Stone to discuss the Paradigm of Money - an in-depth expose of financial market corruption, from naked shorting to the two-tier system that protects Wall Street.

Top Altcoins: Ripple, Cardano, and Solana vulnerable to deeper losses

Ripple, Cardano, and Solana are trading in the red on Thursday, facing downside pressure. The technical outlook for altcoins is bearish, as XRP risks falling below $1.00, ADA is eyeing the 50-day Exponential Moving Average at $0.1766, and SOL remains capped below a cluster of resistance levels.

Indonesian Rupiah in focus as BI leadership race begins

USD/IDR inches higher after registering nearly 0.5% losses in the previous day, trading around 17,960 during the Asian hours on Thursday. Traders are keeping a close eye on the nomination process following the sudden resignation of Bank Indonesia Governor Perry Warjiyo late last month.

9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?

The rate did not move. Neither did the statement, and that’s the more interesting fact. Set the July 29 Federal Open Market Committee (FOMC) statement beside the one issued on June 17, and the two documents are identical apart from a single verb and a paragraph at the bottom naming three dissenters.