Rate-Cut Rumors, Trade Tariffs & Chart Triggers: Your August Kick-Off

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FX Rocket Profits
August 06, 2025

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Fed Easing Hopes, Tariff Tensions & Technical Inflection Points

Markets kicked off the week with a rebound from Friday’s NFP-driven chaos, as rate-cut expectations gained traction and risk assets clawed back losses. Yet geopolitical jitters lingered—Trump’s announcement of new tariffs on India kept gold buoyed by safe-haven flows. On the charts, EUR/USD is staging a classic break-and-retest near 1.1600, while USD/JPY is testing ascending channel support around 147.60. These setups reflect a broader theme: macro catalysts may set the tone, but technical precision defines the entry. Whether you’re trading the bounce or bracing for deeper moves, this issue equips you to navigate both.

⚡ Daily Broad Market Recap – August 4, 2025

  • U.S. equities rebounded as Fed officials signaled openness to rate cuts, while factory orders came in near expectations.

  • Gold dipped early but recovered on India tariff headlines; oil gapped down after OPEC+ confirmed a September output hike.

  • USD held firm against most majors, with JPY and CAD showing relative strength.

📉 EUR/USD Break and Retest Setup Near 1.1600

  • EUR/USD bounced from 1.1400 and now hovers near 1.1550–1.1582, aligning with the 50% Fib and pivot resistance.

  • Watch for a clean break above 1.1650 to confirm bullish continuation, or a rejection back toward 1.1400.

📊 USD/JPY Trend Support After Friday’s Selloff

  • USD/JPY dropped from 151.00 to 147.60, now testing the ascending channel floor and 78.6% Fib of July’s rally.

  • A bounce could target 149.00–150.00, while a breakdown risks deeper moves toward 146.00.

This issue blends macro recovery themes with tactical chart setups. From Fed rate-cut signals and tariff tremors to EUR/USD’s retest zone and USD/JPY’s support test, you’re armed with both the narrative and the price levels to trade August’s opening moves with clarity and conviction.

Happy Trading!

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