Author: FX
The Opening Range Breakout Indicator MT4 was designed to help solve that problem by marking the market’s opening range and highlighting possible breakout opportunities. Instead of guessing where momentum may begin, traders can focus on clearly defined price levels. That approach reduces emotional decisions and improves trade planning. While no indicator can predict every move, this tool gives traders a structured way to identify high-probability breakout setups. The sections below explain how the indicator works, how traders use it in live market conditions, and where it fits into a complete trading strategy.What Is the Opening Range Breakout Indicator MT4?The Opening…
The scale of the refund underscores how significant the Supreme Court’s February ruling has been for importers, with more than half of the $166 billion collected under the struck down tariffs now returned. For companies that paid these duties, particularly importers reliant on affected trading relationships, the cash refunds could provide a meaningful working capital boost in the near term. The broader trade policy backdrop remains unsettled, however, given Trump’s response of layering in new tariffs under alternative legal authorities, including Section 301 measures and fresh IEEPA-adjacent duties, which suggests importers should not read this as a retreat from tariff…
EUR/CAD is testing a major supply zone while Stochastic rolls over from overbought levels. Is a short-term pullback developing? Source link
Commerzbank economists highlight ongoing Korean Won (KRW) appreciation against the Dollar. USD/KRW slipped 0.1% to 1,430, extending declines from earlier in the week. They attribute KRW strength to reported coordinated FX intervention by the Ministry of Economy and Finance with Japan and sustained exporter Dollar selling, including sizeable forward sales in June.Intervention and exporters back stronger Won”July CPI surprised to the downside, easing to 2.8% yoy (Bloomberg consensus: 3.0%) vs 3.2% in June, marking the slowest pace in three months. The moderation was largely driven by softer energy prices. However, core CPI, which excludes volatile food and energy prices, edged…
Scotiabank’s chart book quietly makes the case that the AI trade has changed !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Gold (XAU/USD) is accelerating its rebound near $4,250 at the time of writing on Wednesday amid easing geopolitical tensions after United States (US) President Donald Trump said that a deal to reopen the Strait of Hormuz was imminent. Bitcoin (BTC) mirrors the metal’s near-term bullish bias, edging higher toward the resistance at $65,000.Ripple (XRP) edges lower toward the short-term $1.05 psychological support level at the time of writing on Wednesday. This marks three consecutive days of losses, undermining investor interest and the broader optimism for a potential deal between the United States (US) and Iran to reopen the Strait of…
Prior was +98K (revised to 95K)Details:Goods -3K versus +2K last monthServices +47K versus +96K last monthSmall business K vs +53K priorMedium businesses K vs +29K last monthLarge businesses K vs +25K last monthWages:Wages for job stayers 4.4% vs 4.4% last monthWages for job changers 7.0% vs 6.6% last monthFor me, this survey has been more credible than non-farm payrolls for at least the last year but it doesn’t get the same attention in markets and — at the moment — the market isn’t overly focused on jobs. The red flag in this report is rising wages for job changers, that’s…
Rabobank’s Global Daily notes Brent futures fell to around $79 as reports suggested the US, Iran and Oman are close to a temporary deal to reopen the Strait of Hormuz. The bank highlights that the structure of this 60‑day arrangement resembles a previous agreement that collapsed after renewed attacks, leaving a long and risky road ahead.Oil reacts to tentative Hormuz accord”Phil Connors has woken up to another instance of the same day. The US, Iran and Oman are said to be close to a new deal to reopen the Strait of Hormuz. Axios reports that the US aims for an…
South Korea may have joined Japan’s yen intervention, adding extra firepower to a coordinated push against persistent dollar strength overnight. Source link
The Volume by Price Indicator MT4 helps traders see which price levels attracted the highest trading activity instead of focusing only on time. Those high-volume zones often act as support, resistance, or areas where large market participants became active. That gives traders another layer of confirmation before entering a position. No tool can predict the future, but understanding where trading activity has been concentrated can improve decision-making. The sections below explain how the indicator works, where it performs best, and how traders can use it alongside other technical analysis methods. What Is the Volume by Price Indicator MT4? The Volume…