News

Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran.

As the XTI/USD chart shows, the price of a barrel:→ set fresh 2026 highs above $67 earlier this week;→ but yesterday posted a sharp reversal lower (as indicated by the blue arrow).

Netflix: ⬆️ Buy – Netflix reversed from support zone – Likely to rise to resistance level 90.00 Netflix recently reversed up from the support zone between the key support level 75.00 (which also reversed the price at the start of February).

IMF’s Georgieva says tariffs lifted goods inflation, backs gradual Fed easing and deficit action.

Summary:

• Goods inflation partly tariff-driven

• Fed funds at 3.25%–3.5% consistent with full employment

• US debt requires determined fiscal action

• IMF shares concern on trade deficits

• Current account deficit “too big”

• No formal view yet on tariff court ruling

• Court implications to be incorporated into Article IV

IMF Managing Director Kristalina Georgieva said US goods inflation has been “somewhat affected” by tariffs, underscoring the lingering price effects of trade policy even as broader inflation moderates.

Speaking alongside the Fund’s Article IV review of the United States, Georgieva indicated that bringing the federal funds rate down to a range of 3.25% to 3.5% would be consistent with the US economy returning to full employment. The comment suggests the IMF sees scope for further policy easing over time, assuming inflation continues to trend lower and labour market conditions remain stable.

On fiscal policy, Georgieva struck a firm tone, saying determined action will be required to put US public debt on a downward path. The IMF has projected persistent deficits and rising debt levels over the coming years, reinforcing concerns about medium-term fiscal sustainability.

She also said the Fund shares the Trump administration’s concern over widening US trade and current account deficits, adding bluntly that the external gap is “too big.” The IMF has warned that sustained large deficits leave the US exposed to shifts in global investor sentiment.

Regarding the recent Supreme Court decision striking down some of former President Trump’s tariffs, Georgieva said the IMF has not yet taken a formal view. The Fund will assess the implications and incorporate them into the final Article IV report.

Overall, Georgieva’s remarks blend cautious optimism on inflation and employment with clear warnings on fiscal and external vulnerabilities.

Dow Jones: ⬆️ Buy – Dow Jones reversed from support zone – Likely to rise to resistance level 50500,00 Dow Jones index recently reversed up from the support zone between the key support level 48760,00 (which has been reversing the.

Gold price (XAU/USD) jumps to around $5,230 during the early Asian session on Tuesday. The rally of the precious metal is bolstered by heightened geopolitical tensions and global trade uncertainty following US tariff decisions.

Daily Pivots: (S1) 1.1821; (P) 1.1839; (R1) 1.1873; More…. EUR/USD is still bounded in range trading and intraday bias stays neutral. On the upside, above 1.1928 will target a retest on 1.2081 high. Decisive break there and sustained trading above 1.2 psychological level will carry larger bullish implications. On the downside, however, sustained trading below […]

The post EUR/USD Mid-Day Outlook appeared first on ActionForex.

Trade ideas for USDCAD, AUDUSD, and EURJPY are available today. The ideas expire on 18 February 2026 at 9:00 AM (GMT +3).

USDCAD trade idea

There are currently no signals indicating the completion of the upward movement in the USDCAD pair. The overall sentiment remains bullish; however, a bearish correction is possible with enough room for a pullback without disrupting the broader uptrend. Buying at current levels offers a low risk-to-reward ratio. A breakout above 1.3675 will confirm continued bullish momentum, with the upside target at 1.3750. The USDCAD trade idea for today suggests placing a pending Buy Limit order.

For USDCAD, bullish expectations slightly prevail at 51% versus 49%. The risk-to-reward ratio is 1:2. The potential profit is 100 pips at the first take-profit level and 125 pips at the second, while possible losses are capped at 50 pips.

Trading plan

• Entry point: 1.3625
• Target 1: 1.3725
• Target 2: 1.3750
• Stop-Loss: 1.3575

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AUDUSD trade idea

Although bulls continue to control AUDUSD, the slowdown in upward momentum signals a potential trend reversal. The price appears to be forming a local top. The optimal strategy is to sell on price increases. Rallies are expected to be limited by yesterday’s high, while the key resistance level is located at 0.7080. The AUDUSD trade idea for today suggests placing a pending Sell Limit order.

Market sentiment for AUDUSD shows a slight bullish bias at 51% versus 49%. The risk-to-reward ratio is 1:5. The potential profit is 80 pips at the first take-profit level and 100 pips at the second, with possible losses limited to 20 pips.

Trading plan

• Entry point: 0.7080
• Target 1: 0.7000
• Target 2: 0.6980
• Stop-Loss: 0.7100

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EURJPY trade idea

There are no clear signals indicating the completion of the downward movement in EURJPY. Despite the overall bearish sentiment, a bullish correction is possible without disrupting the prevailing downtrend. Selling at current levels offers a low risk-to-reward ratio. A breakout below the 181.00 support level will confirm continued bearish momentum, with the downside target at 179.75. The EURJPY trade idea for today suggests placing a pending Sell Limit order.

For EURJPY, bearish expectations slightly dominate at 51% versus 49%. The risk-to-reward ratio exceeds 1:2. The potential profit is 200 pips at the first take-profit level and 225 pips at the second, while possible losses are limited to 100 pips.

Trading plan

• Entry point: 182.00
• Target 1: 180.00
• Target 2: 179.75
• Stop-Loss: 183.00

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    Retail Prop Trading for U.S. Traders Prop Trading I was watching a news program recently when I saw an advertisement for a proprietary...

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