The US Dollar Index (DXY) strengthened for a second consecutive day and traded around 97.55 during Friday's Asian session, reflecting the dollar's resilience amid mixed US economic data. Although the July Manufacturing PMI weakened, the services sector showed strong growth, driving the Composite PMI higher. Market focus now turns to the release of Durable Goods Orders data and next week's FOMC meeting, where the central bank is expected to keep interest rates steady. However, the market is starting to anticipate a possible rate cut in September.

thanks for the notification, that's great

I think most of the members here have already registered for the next contest.

I agree, the bullish trend is still quite strong, especially if the price continues to stay above the 24-day moving average (MA). The 172.93 level could act as dynamic support for the continuation of the trend.

It's okay, if you want to call it that name, it looks good, kangaroos are very active and agile.

Thank you for the notification, that's very good, brother.

yeah i think that's true, most of them just focus on the contest.

That statement makes sense, but I think some traders can profit with a simple system as long as they're consistent. Indeed, having a strategy document can be a step towards greater discipline.

What are you talking about I don't really understand, can you explain?

Yes, because they want to prove that they prioritize customer satisfaction.

yes, that's a very big number

According to my analysis, the price will consolidate in the 3340–3410 area while awaiting a breakout. How strong is the support at 3340 according to your technical analysis? What is the expected response at 3400–3440 if it breaks out?

Let's see how it goes

Guy's Incase you are interested in purchasing a prop account, you can get it with the following firms below at a discounted price using the FXVerify discount code. TTT Markets Axi Select E8 Funding Instant Funding Funding Pips Funded Fast DP Funded For full details, visit the Prop Firm section on FXV website, where you can compare prices and reviews before you make your choice. Note that the promocode is limited for a particular period of time

Yes I think so, I will push it to the general trading

Interesting analysis. So, do you think the price will consolidate in that range before continuing to rise/fall?

I'm glad to hear that. I hope FXVerify continues to grow and improve in the future.

The FOMC is scheduled to announce its interest rate policy decision. Markets expect no change in the current rate, but there is a roughly 60% probability of a rate cut in September.

President Trump's sudden announcement of a 50% import tariff on copper triggered a price spike on the CME exchange, creating a significant arbitrage between the CME and the LME. Copper imports to the US rose sharply between March and May 2025, reaching 541,600 tonnes. As the tariff window closed, LME stocks recovered and exports from China increased. Uncertainty over further provisions kept the market volatile.

That's why many people trust Bitcoin more than stablecoins like USDT. Because BTC truly can't be frozen. Unfortunately, not everyone is prepared for Bitcoin's volatility.

Moreover, the majority of ETH is currently locked up in staking, meaning the available liquid supply in the market continues to shrink. If institutional demand or DeFi usage continues to rise, price pressure could turn into a strong upward push.

Global stock markets are currently on a bullish trajectory, fueled by positive sentiment from the technology sector, news of lower trade tariffs, and buoyant retail activity. However, risks such as the potential long-term impact of protectionist policies remain important to consider.

Noted!!! Thank you. I'll reach out to you some of these days (weeks)...

It could be. Personally, I'm observing GBP/USD, and there's potential for a reversal if the price breaks through the weekly support area. However, we'll have to wait for confirmation.

what will they plan to do?