Author: FX

The S&P 500 has been under sustained selling pressure since late February, and now price is pushing back up into a key area that could determine the next big directional move. Check out these critical inflection points we’re watching on the 4-hour time frame: S&P 500 Index (US500 CFD) – Chart Faster with TradingView The US500 has been carving out a clear series of lower highs and lower lows since peaking near the 6,960–6,980 area in late February, with price now trading around 6,727 — down roughly 1.48%. The recent bounce off the 6,612.7 support level has brought price back…

We may be seeing the first real signs of opposition to the Iran war, and it’s coming from a Trump-appointed official.National Counterterrorism Center Director Joe Kent — a former Green Beret — announced his resignation today. Before his nomination, he was chief of staff to Director of National Intelligence, Tulsi Gabbard..What’s notable about him is that Democrats strongly opposed his nomination as he was called an “extremist” due to America First leanings and frequent appearances in right-wing podcasts. His wife was killed in the previous Trump administration by a suicide bomber in Syria.His resignation underscores a growing rift within the…

XAU/USD is pulling back from its recent highs and is now testing a key support area near the 5,000 handle. Gold has been getting extra attention lately as traders weigh rising geopolitical risks in the Middle East, including the ongoing conflict involving Iran and fresh attacks that have raised worries about energy supply and shipping through the Strait of Hormuz. That kind of uncertainty can keep safe-haven demand in play, even when higher yields and a firmer dollar try to cap upside. Will this zone hold and attract new demand? Here’s what we’re seeing on the daily time frame: XAU/USD…

BNY’s Head of Markets Macro Strategy Bob Savage highlights U.S. diesel prices breaking above $5 per gallon for the first time since 2022, warning of pass‑through to transport and broader inflation and potential political risks into the U.S. midterms.Energy price shock posing potential political risks”U.S. diesel prices have surged above $5 per gallon, reaching $5.044. This marks the first time they have exceeded this level since December 2022, driven by supply disruptions linked to the Iran conflict and the effective closure of the Strait of Hormuz.””The spike reflects constrained flows of crude, refined fuels, natural gas and fertilizers from the…

Follow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock news zSpace (ZSPC) issued an additional $4.3M senior secured convertible note to an institutional investor. The note was issued on March 16, 2026 under its previously announced financing agreement from April 10, 2025. The original financing included a $13.98M senior secured convertible note issued in April 2025. The newly issued note is convertible into shares of the company’s common stock. Proceeds will be used to repay debt, strengthen working capital, and support general corporate purposes. ZSPC shares down 7.7% premarket. Source link

Canadian home sales fell 1.3% in February, CREA says Source link

The breakdown shows that producer prices in Switzerland fell by 0.5% on the month in February with import prices increasing slightly by 0.2%. At the balance, this still points to a 0.3% monthly drop. On an annual basis, producer and import prices are seen down 2.7% relative to the same month a year ago.Looking at the breakdown, the main drag in producer prices last month were for pharmaceutical products and for chemical products. That is slightly offset by a bit of an increase in prices for petroleum products and electricity. Of note, the core inflation reading for this index is…

The Wyckoff Indicator for MT4 applies principles from the Wyckoff Method, a technical analysis framework focused on price-volume relationships and market structure. Unlike momentum oscillators that simply measure speed of price change, this indicator analyzes the behavior of large market participants—banks, funds, and institutional traders who move enough volume to create meaningful price shifts. The indicator typically displays market phases: accumulation (where smart money builds positions), markup (the trending move), distribution (where positions get unwound), and markdown (the decline). Some versions overlay volume spread analysis, showing whether price ranges occurred on high or low volume, which reveals the strength behind…

MUFG’s Senior Currency Analyst Michael Wan notes that Bank Indonesia benefits from Indonesia’s net commodity exporter status, but faces weak starting macro conditions and fiscal constraints as oil rises. Higher energy prices threaten subsidy costs and the 3% of GDP deficit cap. MUFG expects BI to hold rates with a dovish bias, leaving IDR FX and bonds vulnerable during the Strait of Hormuz crisis.BI on hold as IDR seen underperforming”For Bank Indonesia, the good news is that Indonesia is a net commodity exporter, and so even though it does import oil and gas, if commodity prices including palm and coal…

U.S. government confirms Tesla and LG Energy Solution's $4.3B battery deal Source link