[INTRADAY] #BANKNIFTY PE & CE Levels(03/07/2025)Bank Nifty is expected to open flat near the 56,970 level. After a strong downward move in the previous session, prices are attempting to recover from the 56,950 support zone. This level may act as an immediate base in early trading hours.
If Bank Nifty sustains above 57,000–57,045 levels, we may see a short covering rally toward 57,250–57,450. However, any rejection near 57,000 can again drag the index toward 56,750 and 56,550. Since the price is opening near a key decision zone, it's advised to wait for directional confirmation before entering any trade.
Technical Analysis
XAUUSD: Gold Surges on U.S. Fiscal Reform ExpectationsGold remains firmly within a short-term bullish structure after rebounding strongly from the $3,258 support zone and forming a consolidation pattern just below the $3,342 resistance. This area marks the confluence of a descending trendline and a fair value gap (FVG), where buyers may gather momentum to break through.
Fundamental news continues to favor the upside: concerns over the U.S. budget deficit and an upcoming tax reform package have boosted safe-haven demand for gold. Meanwhile, U.S. bond yields and the dollar remain low, further driving capital into precious metals.
Yesterday, gold rose by approximately $33.49, equivalent to 3,349 pips, confirming strong bullish inflows. If price breaks above the $3,342–$3,356 zone, the next target could extend beyond the $3,400 mark.
However, if short-term pullbacks occur, the $3,258 area remains a key support level to watch for potential bullish re-entry signals.
EURUSD: Uptrend Targeting 1.18600EURUSD is maintaining a solid bullish structure after breaking above the 1.17300 zone. The pair is currently consolidating around 1.1800 and may see a minor pullback before pushing toward the 1.18600 target.
The main support comes from a weaker USD following Fed Chair Powell’s “patient” remarks, along with strong PMI data from the EU. EURUSD has now posted 10 consecutive days of gains, signaling strong upward momentum.
As long as price holds above the FVG zone near 1.1780, the bullish trend remains intact, with 1.18600 as the next potential upside target.
USDJPY: Bearish Trend Remains in ControlUSDJPY continues to follow a clear downtrend on the H4 chart, respecting a descending trendline and forming consistent lower highs. The strong rejection at 144.800 and the presence of multiple FVGs further reinforce the bearish structure.
Price is currently retracing to test the FVG zone. If rejection occurs here, the downtrend could resume towards the 141.900 support level.
Trade Setup:
Sell near 144.700
TP: 141.900
SL: above 145.300
Supporting News:
"Risk-on" sentiment is back after strong manufacturing data from China and rising expectations that U.S. interest rates may soon peak, weakening the USD against the JPY.
Are you watching for a short setup like I am?
USOIL is Nearing the Daily TrendHey Traders, in tomorrow's trading session we are monitoring USOIL for a buying opportunity around 64.30 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 64.30 support and resistance area.
Trade safe, Joe.
Nightly $SPY / $SPX Scenarios for July 3, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 3, 2025 🔮
🌍 Market-Moving News 🌍
📉 U.S. Private Payrolls Surround Weakness
The ADP report showed a drop of 33,000 private-sector jobs in June, the first decline in over two years, reflecting businesses holding back hiring amid trade uncertainty. However, layoffs remain low, signaling no acute stress yet
📊 Markets Braced for NFP Caution
Markets are wary ahead of this morning’s Non‑Farm Payroll (NFP) release—currently projected at +115,000 jobs and 4.3% unemployment—based on indications of labor-market cooling from weak ADP numbers
💵 Canadian Dollar Strengthens
The loonie jumped 0.4% as investors adjust expectations for broader central-bank dovishness, driven by the weak U.S. jobs signals and optimism over a revived U.S.–Canada trade dialogue
📊 Key Data Releases 📊
📅 Thursday, July 3:
8:30 AM ET – Non‑Farm Payrolls (June):
Forecast: +115,000; Previous: +139,000 (May). Watching for signs of sustained job-growth slowdown.
8:30 AM ET – Unemployment Rate:
Forecast: 4.3%, up from 4.2% in May. A rise may increase odds of rate cuts.
8:30 AM ET – Average Hourly Earnings (MoM):
Forecast: +0.3%; prior: +0.4%. Cooling wages would ease inflation pressures.
8:30 AM ET – Initial & Continuing Jobless Claims:
Track week-to-week stability or worsening of labor-market conditions.
9:45 AM ET – Services PMI (June, flash):
Monitor for signs of slowing in U.S. service-sector activity.
10:00 AM ET – ISM Non-Manufacturing PMI (June, flash):
Forecast: 50.8. A reading below 50 suggests contraction in services.
⚠️ Disclaimer:
For informational and educational purposes only. It does not constitute financial advice. Consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #jobs #Fed #labor #technicalanalysis
GBP/AUD Range-Bound Structure – Support Retest in ProgressThe GBP/AUD pair is currently trading inside a well-defined horizontal range channel, bounded by resistance around 2.1050–2.1100 and support near 2.0600–2.0650. Price has been moving in a sideways rhythm since late April, oscillating between the two levels with several clean swings.
As of now, the market is heading toward the ascending support trendline, indicating a possible short-term bounce or a larger directional move depending on how price reacts there.
🔄 Scenario 1: Bullish Rebound from Support
If the price finds buying interest near the 2.0650–2.0700 zone and bounces with strong bullish candles, it may signal the beginning of another swing toward the resistance zone at 2.1100. This would maintain the current range-trading behavior, offering traders a buy-low, sell-high opportunity.
Buy Entry: Near 2.0650–2.0700 (after confirmation)
SL: Below 2.0580
TP: 2.0950 / 2.1100
⛔ Scenario 2: Bearish Breakdown from Support
However, if price decisively breaks below the support zone with momentum, it would invalidate the current range and may trigger a larger corrective leg to the downside. This could lead to levels around 2.0400 or even 2.0200, aligned with previous demand zones.
Sell Entry: On breakdown below 2.0600 with retest
SL: Above 2.0700
TP: 2.0400 / 2.0200
🧭 Technical Outlook Summary
Pattern: Horizontal range with slight ascending base
Bias: Neutral – Watch for bounce or breakdown
Support to watch: 2.0650–2.0600
Resistance to watch: 2.1050–2.1100
Next Action: Wait for reaction at support before taking directionally biased trades
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 144.200 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 144.200 support and resistance area.
Trade safe, Joe.
GOLD 4H: structure broken - phase reversal beginsTwo key directional signals were recorded on the gold chart: first, a breakdown of the ascending channel, followed by a confident downward exit from the triangle with a clear fixation under the $3297 boundary. Both figures worked independently, but consistently - and strengthened the impulse towards selling.
The price has already gone beyond the lower boundary of the triangle ($3297), confirming the bearish scenario. Candlesticks closing under the level and local consolidation from below is a characteristic formation before the momentum continues.
Technical parameters:
- Channel breakout: completed
- Triangle breakout: $3297 level
- Retest from below: expected as confirmation
- EMAs reversed downwards, structure broken
- Volumes strengthened at the moment of breakout
Tactical plan:
- Sell after retest of $3297
- Targets on the move: $3248 and $3201
- Stop: above $3305 (above the area of false outs).
The current structure indicates the end of the accumulation phase and the beginning of the downward momentum. As long as the price holds below $3297 - shorts are the priority.
“Accumulation, Breakout, Repeat: SBSW’s Time Again?” SBSW | Weekly Chart Analysis
4-Year Cycle | Smart Money Levels | Precious Metals Macro Tailwind
This chart paints a clear picture — Sibanye-Stillwater (SBSW) has followed a reliable 4-year accumulation-to-expansion cycle:
🔹 2015–2016
🔹 2019–2021
🔹 Now shaping up for 2025–2026
Each rally kicked off after institutional accumulation around the $3 level, and once again, we’re seeing the same behavior. History doesn’t just rhyme — it repeats.
🧠 Smart Money Moves
Every major cycle began after price based out near the $3 level. That’s exactly what we’ve just seen — accumulation, basing, and now lift-off. We’ve entered a familiar pattern — the same smart money footprints showing up again.
📊 Technical Breakdown
This is the weekly chart, and we’re now testing the 0.236 Fibonacci retracement level (7.39) drawn from the 2020 high to the recent low.
✅ A weekly close above this level + structure building could confirm the beginning of a long-term leg higher.
📈 Volume Flow Indicator has crossed above the midline for the first time in years, suggesting that real buying pressure is back. That’s a shift in momentum worth noting.
🎯 Key Areas of Interest:
• $10.00 – Volume node + prior S/R
• $12.00 – Fib midpoint + prior pivot
• $14.90 – Confluence zone
These are zones where I’ll be watching for continuation, reaction, or reversal.
🌎 Macro Tailwind: Precious Metals Demand
Platinum and palladium are gaining renewed attention as demand increases in EVs, clean energy, and industrial sectors. SBSW — with its deep exposure to both metals — is positioned as a long-term beneficiary if this trend continues.
Add to that the recent global instability and de-dollarization chatter, and you’ve got a macro backdrop favoring real assets over paper. Precious metals are catching a bid — and SBSW could ride that wave.
🧠 My Position
Started buying $4.00 calls and recently rolled to $5.50s. I’m letting this one develop over time — watching for confirmation and continuation.
(Not financial advice — just sharing my perspective as always.)
🕰️ Cycles matter.
📚 History teaches.
💰 Smart money accumulates before the breakout.
This setup has all the hallmarks of a repeat cycle in progress. I’m locked in.
—
📍 Long-term chartwork, weekly timeframe. Zoom out to see the rhythm.
SBSW | Weekly Chart Analysis
4-Year Cycle | Smart Money Levels | Precious Metals Macro Tailwind
This chart paints a clear picture — Sibanye-Stillwater (SBSW) has followed a reliable 4-year accumulation-to-expansion cycle:
🔹 2015–2016
🔹 2019–2021
🔹 Now shaping up for 2025–2026
Each rally kicked off after institutional accumulation around the $3 level, and once again, we’re seeing the same behavior. History doesn’t just rhyme — it repeats.
🧠 Smart Money Moves
Every major cycle began after price based out near the $3 level. That’s exactly what we’ve just seen — accumulation, basing, and now lift-off. We’ve entered a familiar pattern — the same smart money footprints showing up again.
📊 Technical Breakdown
This is the weekly chart, and we’re now testing the 0.236 Fibonacci retracement level (7.39) drawn from the 2020 high to the recent low.
✅ A weekly close above this level + structure building could confirm the beginning of a long-term leg higher.
📈 Volume Flow Indicator has crossed above the midline for the first time in years, suggesting that real buying pressure is back. That’s a shift in momentum worth noting.
🎯 Key Areas of Interest:
• $10.00 – Volume node + prior S/R
• $12.00 – Fib midpoint + prior pivot
• $14.90 – Confluence zone
These are zones where I’ll be watching for continuation, reaction, or reversal.
🌎 Macro Tailwind: Precious Metals Demand
Platinum and palladium are gaining renewed attention as demand increases in EVs, clean energy, and industrial sectors. SBSW — with its deep exposure to both metals — is positioned as a long-term beneficiary if this trend continues.
Add to that the recent global instability and de-dollarization chatter, and you’ve got a macro backdrop favoring real assets over paper. Precious metals are catching a bid — and SBSW could ride that wave.
🧠 My Position
Started buying $4.00 calls and recently rolled to $5.50s. I’m letting this one develop over time — watching for confirmation and continuation.
(Not financial advice — just sharing my perspective as always.)
🕰️ Cycles matter.
📚 History teaches.
💰 Smart money accumulates before the breakout.
This setup has all the hallmarks of a repeat cycle in progress. I’m locked in.
📍 Long-term chartwork, weekly timeframe. Zoom out to see the rhythm.
🛑 Invalidation below $5.50 — no structure, no conviction, I’m out.
If SBSW breaks back below the $5.50 level with high volume and fails to reclaim it quickly, that would invalidate the current breakout structure and suggest this move was a false start. I'd reassess the cycle thesis if we revisit the $4 range with no buyer defense.
Please feel free to comment and let me your opinion
ETH ANALYSIS🔮 #ETH Analysis 🚀🚀
💲💲 #ETH is trading between support and resistance area. There is a potential rejection again from its resistance zone and pullback from support zone. If #ETH closes above 2500$ then we would see a bullish move
💸Current Price -- $2,462
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #DYOR
AUD/JPY# AUD/JPY: Two High-Probability Bearish Setups 🎯
## Overview
AUD/JPY continues to respect its macro downtrend structure, offering two compelling bearish opportunities as price approaches critical resistance levels. Currently trading at 94.398, the pair sits at an inflection point between key support and resistance zones.
---
## 📊 Setup 1: Resistance Zone Rejection (Primary)
### Key Level: 95.289 (Major Resistance)
This level has proven its significance multiple times:
- ✅ Strong resistance throughout recent months
- ✅ Clear seller dominance at this zone
- ✅ Confluence with descending channel structure
### Entry Strategy:
1. **Wait** for price to approach 95.289
2. **Identify** bearish rejection patterns:
- Pin bars / Shooting stars
- Bearish engulfing candles
- Multiple wick rejections
3. **Enter** short on confirmed rejection
4. **Stop Loss**: 95.50-95.60 (above resistance)
5. **Targets**:
- TP1: 93.240 (1:2 RR)
- TP2: 92.271 (1:3.5 RR)
---
## 📊 Setup 2: Rising Wedge Breakdown (Secondary)
### Pattern Recognition:
A textbook rising wedge has formed since the May lows - a bearish reversal pattern within the larger downtrend context.
### Entry Strategy:
1. **Monitor** the lower wedge trendline
2. **Wait** for decisive breakdown with volume
3. **Enter** short on retest of broken support
4. **Stop Loss**: Above recent swing high
5. **Target**: 93.240 support zone
---
## 📈 Market Structure Analysis
### Macro Trend: BEARISH 📉
- Consistent lower highs and lower lows from 102+ levels
- Currently in corrective bounce phase
- Respecting descending channel boundaries
### Current Position:
Price trapped between:
- **Resistance**: 95.289
- **Support**: 93.240
- **Deep Support**: 92.271
---
## ⚠️ Risk Management
**Patience is key!** Current price offers poor risk/reward. Wait for:
1. **Scenario A**: Test of 95.289 resistance → Short opportunity
2. **Scenario B**: Break below wedge support → Short opportunity
3. **Scenario C**: Break above 95.289 → Invalidation, stay flat
### Position Sizing:
- Risk per trade: 1-2% of account
- Adjust position size based on stop distance
---
## 🎯 Trade Summary
**Bias**: BEARISH 🐻
**Preferred Setup**: Resistance rejection at 95.289
**Risk/Reward**: Minimum 1:2
**Timeframe**: Daily
---
*Remember: The best trades come to those who wait. Let price come to your levels, don't chase!*
**What's your view? Drop a comment below! 👇**
*Disclaimer: This is not financial advice. Always do your own research and manage risk appropriately.*
---
The Power of Setting SL and TP: Secret to Mastering Your TradeThe Power of Setting SL and TP: The Secret to Mastering Your Trade
Hey there, traders! 👋 Let’s talk about something that can make a world of difference in your trading journey – Stop Loss (SL) and Take Profit (TP). These simple tools may look basic, but they are essential for every trader to stay consistent and profitable in the long run.
In today’s post, we’ll dive into the importance of setting SL and TP for each trade and how these two tools can change your trading game. Whether you’re new to trading or have been in the game for a while, understanding and applying SL and TP correctly is key to building a solid and profitable trading strategy. Let’s get started!
1. What Exactly Are SL and TP?
Stop Loss (SL):
A Stop Loss is the level where you decide to cut your losses if the market moves against your trade. It's your safety net, ensuring that your losses stay manageable. For example, if you’re trading XAU/USD at $1800 and don’t want to lose more than $50, you’d set your SL at $1750.
Take Profit (TP):
Take Profit is the level at which you’ll close your trade once the price reaches your desired profit. This helps you lock in profits automatically, without the temptation to stay in the market too long. For example, if you think gold will rise to $1850, you’d set your TP at that level to secure the profit.
2. Why Are SL and TP Crucial?
A. Eliminating Emotion from Your Trades
One of the hardest challenges in trading is keeping emotions out of the equation. Fear and greed can cause you to hold onto losing positions for too long or exit too soon. SL and TP automate your exits, allowing you to trade with a clear plan and reduce emotional decision-making.
B. Managing Risk Like a Pro
Risk management is the backbone of any successful trading strategy. SL limits your losses by setting a predefined level where your trade will automatically close. Without SLs, you could risk losing more than you intended, which can damage your trading account.
C. Securing Consistent Profits
TP helps you to capture profits at the right time. Without it, you might let your profits slip away as the market moves against you. A TP ensures you don’t miss out on locking in gains when the market reaches your target.
D. Building Consistency
By setting SL and TP, you create a consistent and structured approach to your trading. If you trade with a 1:2 risk-to-reward ratio, where you risk $1 to make $2, you can build long-term profitability, even if you lose some trades along the way. Consistency is the key to success in trading.
3. How to Set SL and TP Like a Pro
A. Start with Proper Analysis
Before entering any trade, always analyze the market context. Use technical analysis (like support and resistance levels, Fibonacci, and trendlines) to place your SL and TP at logical levels. For example, set your SL slightly below support for a buy trade, or slightly above resistance for a sell trade.
B. Risk-to-Reward Ratio
A good rule of thumb is to have a 1:2 risk-to-reward ratio. This means if you risk $50 on a trade, you aim to make at least $100. This allows you to lose half of your trades but still come out ahead in the long run. Always set your TP in relation to your risk tolerance.
C. Use Indicators to Help
Use indicators like EMA, RSI, Fibonacci retracements, and pivot points to determine the best levels for your SL and TP. For example, if you see a strong bullish trend and are entering a buy position, placing your TP near the next Fibonacci extension level is a great strategy.
D. Keep Volatility in Mind
Market volatility plays a big role in where you place your SL and TP. In highly volatile markets, tight SL might get hit too early. Adjust your SL to reflect the market’s movement. Similarly, your TP should be flexible enough to account for volatility.
4. Benefits of Setting SL and TP
A. Reducing Emotional Trading
Emotional trading is the quickest way to lose money. SL and TP take emotion out of the equation, making trading more objective and disciplined. You know exactly when you’re getting in, and when to get out – no guessing!
B. Avoiding Overtrading
Without clear SL and TP levels, you might overtrade, holding positions for too long or exiting too early. This lack of structure leads to emotional decisions and bad habits. Having SL and TP in place ensures that you trade only when it makes sense.
C. Gaining Confidence
By setting clear SL and TP levels, you gain confidence in your trading strategy. You know that your risk is limited and your profits are protected. This allows you to trade with a calm mindset, focusing on quality trades instead of rushing into everything.
5. Conclusion
Setting SL and TP is one of the most important skills for any trader, whether you're new to the market or experienced. They help you manage risk, capture profits, and build a disciplined approach to trading. By incorporating SL and TP into your trading plan, you can protect your capital, lock in profits, and ensure consistent growth in your trading journey.
So remember, Plan your trade and trade your plan – and always set your SL and TP before entering any trade.
Happy Trading! Stay disciplined, stay profitable! 💰🚀
Top-Down Analysis in Action – Live Trade: Where I Enter and WhyIn this video, I walk you through my full trading process – starting with a clean top-down analysis.
I begin on the daily chart to spot key market structure and levels, then zoom in to the 1-hour chart for confirmation, and finally execute my trade on the 5-minute chart.
You’ll see:
✔️ How I define my zones and structure
✔️ Why I wait for confluence across timeframes
✔️ Exactly where and why I enter the trade
Just real analysis and real trades.
If you’re looking to improve your entries and learn how to align multiple timeframes, this one’s for you.
🔔 Don’t forget to like, comment & subscribe for more real-time trading content!
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USDJPY: Strong Bullish Price Action 🇺🇸🇯🇵
I see 2 strong bullish confirmation on USDJPY after a test of a key daily
support cluster.
The price violated a trend line of a falling channel and a neckline of
an inverted head & shoulders pattern with one single strong bullish candle.
The pair may rise more and reach 144.45 level soon.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Will Gold Continue Its Strong Rally or Face a Pullback?XAUUSD 02/07: Will Gold Continue Its Strong Rally or Face a Pullback?
📉 Technical Analysis – Gold Faces Short-Term Pullback After Strong Rally
Gold has been experiencing a clear rally in recent days, but it’s currently undergoing a brief correction. The price has recently dropped slightly, prompting traders to keep a close eye on key levels for potential reversal or continuation of the bullish move.
🌍 Macroeconomic Context – Factors Impacting Gold's Price
USD Fluctuation: The weakness in the US Dollar continues to affect gold prices, creating opportunities for the precious metal to maintain its upward movement.
Geopolitical Tensions: Ongoing global tensions, including the US-Iran conflict, act as a safe-haven factor, supporting gold demand.
Interest Rate Expectations: The market is closely watching for any changes in interest rate policies. Any future rate cuts by the Fed could further bolster gold's price.
📊 Technical Outlook (H1 – H4 – D1)
Short-Term Trend: On the H1 timeframe, the price of gold touched a key level near 3340. From there, the price began to experience a pullback. However, the upward momentum remains strong on higher timeframes.
Key Support Levels: The 3300 level remains a crucial support. If the price stays above this, there’s a chance for gold to continue rising towards higher levels.
Key Resistance Levels: 3360 and 3380 are critical resistance levels. If breached, gold could move towards new highs.
📍 Important Support and Resistance Levels:
🔺 Resistance: 3345 – 3360 – 3380 – 3400
🔻 Support: 3300 – 3290 – 3270 – 3250
💡 Trading Plan for Today, 02/07:
🔵 BUY ZONE:
📈 Entry: 3305 – 3303
📉 SL: 3297
💰 TP: 3315 → 3325 → 3340 → 3360
🔴 SELL ZONE:
📉 Entry: 3360 – 3362
📈 SL: 3368
💰 TP: 3350 → 3340 → 3320
📣 Conclusion:
Gold is showing signs of short-term correction but remains a strong asset due to geopolitical factors and monetary policies. Buying opportunities continue to be attractive at support levels, while key resistances will play a crucial role for any breakout. Keep an eye on the mentioned levels to capitalize on market movements.
Happy trading and best of luck to all traders!
Swing Trade Plan: MAN Industries (NSE: MANINDS)
A classic Cup & Handle Pattern bullish continuation pattern showing accumulation and a breakout from resistance. Indicates renewed buying interest.
Breakout supported by rising volume, confirming buyer strength.
Price holding above 20 and 50 EMA, indicating bullish trend continuation.
Company has consistent order inflows and is part of infra/pipe supply chain, aligning with current government spending themes.
This is my personal swing trade plan based on price action and fundamental analysis. Please do your own research before taking any investment decision.
#NIFTY Intraday Support and Resistance Levels - 02/07/2025Nifty is expected to open flat near the 25,530 level, right in the middle of the consolidation zone between 25,450 and 25,550. This range has acted as a tight resistance and support band in recent sessions, indicating indecision in the market. A breakout above 25,550 can trigger bullish momentum toward 25,600, 25,650, and even 25,750+ levels, while staying within this zone may continue the sideways trend.
On the downside, if Nifty breaks below the 25,450 level, we may see selling pressure taking it toward 25,350, 25,300, or even 25,250. Traders are advised to wait for a clear breakout from this consolidation band before entering directional trades, and maintain proper risk management given the tight range and potential volatility
Nightly $SPY / $SPX Scenarios for July 2, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 2, 2025 🔮
🌍 Market-Moving News 🌍
🏭 U.S. Manufacturing Remains Under Pressure
The ISM Manufacturing PMI for June rose slightly to 49.0 from 48.5 in May—still in contraction territory. Tariff-induced uncertainty and rising input costs continue to weigh on factory activity, with new orders still weak and employment contracting
📈 Global Factory Rebound Led by India & Europe
While U.S. factories struggle, India hit a 14-month high in its manufacturing PMI at 58.4, and euro‑zone factory orders stabilized at 49.5—the first sign of recovery in over three years. Asia-Europe divergence may shift global capital flows .
🏦 Powell Says Tariffs Are Delaying Rate Cuts
Fed Chair Powell warned at the ECB forum in Sintra that elevated inflation—driven in part by Trump-era tariffs—has postponed the timeline for U.S. rate cuts. The Fed’s dot-plot now indicates only two cuts for 2025, with markets adjusting accordingly
💵 Dollar Nears 3½-Year Lows
The U.S. dollar weakened further, trading near a three-and-a-half-year low amid soft PMI data, a dovish Fed tilt, and renewed optimism over U.S.–Canada trade talks
📊 Key Data Releases & Events 📊
📅 Wednesday, July 2:
(No major scheduled U.S. economic data)
Market focus shifts to upcoming Nonfarm Payrolls on July 3, Powell's remarks, and trade-talk headlines.
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #manufacturing #Fed #inflation #charting #technicalanalysis
Gold Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3,330 zone, Gold was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3,330 support and resistance area.
Trade safe, Joe.