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Dow Jones Futures moved into negative territory yesterday following pressure from the release of key U.S. economic data. The July JOLTS job openings fell to 7.181 million — the lowest in 10 months — and below expectations of 7.38 million. U.S. factory orders for July declined by -1.3% m/m, marking the second consecutive monthly drop. […]
Gold has been observed moving within the 3528 – 3532 range, with limited upside movement. Meanwhile, a potential correction still appears likely, targeting the 3542 to 3545 area, which aligns with the 0.50 Fibonacci retracement level on the intraday chart. Recommendation:Sell XAUUSDSell Limit: 3542Take Profit: 3495 or lowerStop Loss: 3562 / 3566 *DISCLAIMER: All content in daily […]
USDCHF is currently showing signs of strengthening, supported by the formation of a Bullish Flag pattern. However, unlike before, the price has already broken out of its sideways consolidation, indicating potential movement toward the previous resistance level, which could serve as the target price. Recommendation:Buy USDCHFBuy Entry: 0.80441Take Profit: 0.80837Stop Loss: 0.80235 *DISCLAIMER: All content in daily […]
NZDJPY currently shows potential for a decline, as the price has failed to form a higher resistance level. Instead, it has created a new lower high, indicating a rising wedge pattern. This suggests a possible move back down to the support area, which has been set as the current target price level. Recommendation:Sell NZDJPYSell Entry: […]
Currently, the price is likely to experience an upward movement. This bullish signal is supported by the formation of a double bottom chart pattern and the emergence of a swing low, both indicating potential for further gains. Recommendation:Buy EURJPYEntry: 172.700Take Profit: 173.100Stop Loss: 172.400 *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not […]
GBPUSD currently has the potential to strengthen significantly, aiming for the target price set at the classic resistance level. As long as the price does not break below the stop-loss area, this bullish pattern remains valid. Recommendation:Buy GBPUSDBuy Entry: 1.34504Take Profit: 1.35762Stop Loss: 1.33867 *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not […]
Greetings from Maxco! We would like to inform you about the operational schedule for National Holiday as follow: Please pay attention to the important market events above and plan your trading accordingly. Thank you for choosing us as your preferred broker! Best regards, Maxco
We would like to inform you that certain Futures contracts will reach their expiration date in September 2025. All expiring contracts must be closed on or before the expiration date. Please take note of the above changes and adjust your trading plans accordingly. Aside from the instruments mentioned above, there will be no changes to […]
Gold prices (XAU/USD) edged lower in Thursday morning trading (September 4, 2025), after recently hitting a new all-time high. Spot gold briefly touched US$3,578.50 per troy ounce before retreating around 1.3% to US$3,512. This pullback followed a sharp rally over the past few days, driven by a weakening U.S. dollar and growing speculation of a […]
U.S. benchmark crude oil, West Texas Intermediate (WTI), has shown volatile moves in the first week of September 2025. After briefly touching a monthly high, prices have retreated under the weight of geopolitical tensions, supply dynamics, and expectations ahead of OPEC+’s upcoming production policy decision. Latest Market DevelopmentsOn Thursday, September 4, 2025, WTI slipped about […]
