Author: FX
Dual Ulcer Index and Super Trend Dot Forex Trading Strategy is a powerful trading approach that combines two highly effective technical indicators to enhance decision-making in the volatile world of Forex. The strategy integrates the Dual Ulcer Index, a tool focused on measuring market drawdown and investor risk tolerance, with the Super Trend Dot indicator, known for its ability to identify and follow market trends with clarity. Together, these indicators offer a comprehensive method for traders to navigate price swings and make more informed entry and exit decisions. The Dual Ulcer Index provides a unique perspective by focusing on the drawdowns or losses from a peak,…
Goldman Sachs says the dip for gold was just a blip, its going higher. GS cite:easing monetary policycentral bank buyinginvestor buyingMore:“Since 2022, gold prices have surged 40% even as US interest rates were climbing … That is very strange. Typically, higher interest rates make gold less attractive – because gold doesn’t pay any interest, unlike bonds.”GS then trot out the familiar argument that in 2022, during Russia’s invasion of Ukraine and the subsequent freezing of Russia’s assets by Western countries, gold became an attractive option vs. the USD. Central banks globally bought to “diversify their reserves away from the dollar…
Silver gains 0.19%, stabilizing at $31.89 as traders anticipate key U.S. inflation figures and Fed’s next steps. Technical analysis highlights consolidation near the $32 mark, with $31.75 acting as crucial support. Potential downside risks include a fall towards the $31.00 area and the 100-day SMA at $30.47 if bearish pressure mounts. Silver price climbed some 0.19% on Tuesday yet failed to clear the $32.00 hurdle after hitting a three-week high of $32.27 at the beginning of the week. At the time of writing, XAG/USD trades at $31.89 as Wednesday’s Asian Pacific session commences. Mounting speculation about a potential Federal Reserve…
abrdn Income Credit Strategies Fund 5.250% Series A Perpetual Preferred Stockp declares $0.3281 dividend Source link
The US dollar has been a strong performer this year and it’s tough to bet against it going forward given the setup for US economic outperformance. That said, it’s clearly a crowded trade and Morgan Stanley’s David Adams thinks it’s too crowded.“Based on our conversations, it seems that consensus has firmly shifted towards a higher DXY for the foreseeable future,” Morgan Stanley analysts wrote.They argue that much of the good news is already in the dollar and that market participants could be “overestimating the speed, breadth and magnitude”of Trump actions on trade.While trade policy announcements could come relatively quickly, their…
With the ECB monetary policy statement ahead on Thursday, here’s a quick discussion on potential adjustment strategies and what we are doing with our EUR/GBP short position. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link
The Reserve Bank of Australia (RBA) maintained its cash rate at 4.35% at today’s meeting (as discussed in our Event Guide) while adopting a notably more dovish stance, removing previous guidance that “it is not ruling anything in or out” and signaling growing confidence in inflation’s return to target. Link to December Reserve Bank of Australia Monetary Policy Statement In its statement, the RBA showed increased optimism about inflation’s trajectory while acknowledging economic challenges ahead. The Board noted that while inflation remains above the 2-3% target range, recent data suggests price pressures are easing more consistently than in previous months.…
camacho9999/iStock Unreleased via Getty Images Boeing (NYSE:BA) in November delivered 13 commercial jets as the aviation giant worked to resume production following a seven-week strike by machinists. A year earlier, the company delivered 56 planes to customers including airlines. Boeing (BA) has sought to increase Source link
EUR/USD declines by 0.33% on Tuesday, settling at 1.0525 after falling below the 20-day SMA. RSI drops sharply to 40, remaining in the negative area, signaling weakening momentum. MACD histogram prints decreasing green bars, highlighting fading bullish traction. The EUR/USD pair extended its losses on Tuesday, retreating to 1.0525 and slipping slightly below the 20-day Simple Moving Average (SMA). This development undermines the pair’s short-term constructive outlook, raising concerns about further downside risks if the 20-day SMA is definitively breached. Technical indicators point to a deteriorating momentum. The Relative Strength Index (RSI) has declined sharply to 40, signaling increased selling…
Strategy: 3/12 Tunnel The 3/12 Tunnel is a trend-following strategy. This straight forward approach utilizes 3 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be applied to timeframes lower than H1, optimal results are typically achieved within the H1, H4, and Daily timeframes. Trade Details Currently, the 3/12 Tunnel strategy has identified a trading opportunity on the EUR/CHF pair within the H4 timeframe. I’ve shared a trade setup image for…