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Monday, August 11, 2025

American Market Recap | AUDUSD technicals: AUDUSD consolidates around MA levels

Monday, 11 Aug, 2025

Technical Analysis

AUDUSD technicals: AUDUSD consolidates around MA levels

The AUDUSD is trading near its session lows, but the day's range is only 34 pips — a sign of restrained price action ahead of the Reserve Bank of Australia's rate decision in the new trading day. The

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News

Trump: Gold will not be tariffed

Gold prices on the Comexare trading down $-86.50 or -2.47% at $3405. There was confusion last week that the would be tariff which the administration said the news agencies were giving misleading infor

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News

Major European indices closed the day with mixed results

The major European indices closed the day with mixed results. The decliners were the German DAX, France's CAC, and Italy's FTSE MIB. The UK FTSE 100 and Spain's Ibex moved higher. A summary of the clo

Technical Analysis

USDJPY technicals: USDJPY moves above key MA target. Can the buyers keep the momentum?

Last week, USDJPY spent much of its time trapped between key moving averages on the 4-hour chart — with the 100-bar MA acting as resistance and the 200-bar MA serving as support. This created a well-d

Technical Analysis

Trump: We'll see what happens with the China deadline. Putin meeting is a feel out meeting

Trump on China: On the deadline (expiring on August 12), we'll see what happens with the deadline They (China) have been dealing nicely. Says he has a very good relationship with Chinese Pres. Xi. So

News

After sending in National Guard to LA, Trump now sends them to Washington DC

Evoking the Home Rule Act, as place the DC police under direct federal control. He will send in the National Guard troops. Recall in June, Trump sent National Guard troops to LA in response to prote

Stock market update

Automotive stocks rev up as tech lags: A snapshot of today's market

Stock heatmap by FinViz.com Mon, 11 Aug 2025 14:46:05 GMT Sector Overview The automotive sector steals the spotlight today, as indicated by Tesla's impressive 3.34% rise. This surge highlights increas

News

Trump tariff revenues reached $29.6B in July. Has it peaked?

The Trump tariff revenues reached $29.6B in July which was a billion or two more than the $28B collected in June. Tariff revenues rose steadily from $17.4 billion in April to $23.9 billion in May, be

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Technical Analysis

USDCAD technicals: USDCAD moved above the 100 day MA. It did not go well.

USDCAD pushed higher in today's session, breaking above the 200-hour MA at 1.37817 and the 100-day MA at 1.37876 . From a technical perspective, those breaks should have been meaningful and set the st

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