Author: FX
AUD/CHF has been forming higher lows and higher highs connected by an uptrend channel on its 4-hour chart. Is another bounce off support in the works? Check out these nearby inflection points! AUD/CHF 4-hour Forex Chart by TradingView The market mood saw a huge improvement last week after Trump backpedaled on military action in Greenland and higher tariffs on European nations, prompting a de-escalation relief rally that lifted the Aussie while weighing on the safe-haven franc. AUD/CHF carried on with its climb to test the top of its ascending channel, retreating early this week on a bit of profit-taking. Can…
U.S. natgas tops $6 for first time since 2022, power plant outages surge as Arctic blast bears down Source link
USD/JPY is down 167 pips to the lows of the day.It’s been volatile trading so far today as the pair initially traded near these levels befoer bouncing by more than 100 pips. In the past two hours though, it began trending lower and has now taken out the lows.The drop today takes the pair through a December double bottom near 154.30 and that highlights the possibility of a trend change. If you zoom out, the reversals in this pair, particularly the ones lower lately have been big and aggressive. The July 2024 reversal is instructive as it also started near…
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9843 compared to Friday’s fix of 6.9929. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist Party (CCP) Committee Secretary, nominated…
The SSL Hybrid MT5 Indicator tackles this exact problem. It cuts through market noise by showing traders which direction actually has momentum behind it. Instead of reacting to every price swing, traders get a visual framework that separates genuine trend moves from choppy, range-bound action. This article breaks down how the indicator functions, where it shines, and—just as importantly—where it falls short. Trading forex carries substantial risk. No indicator guarantees profits, and past performance doesn’t predict future results. What follows is a technical analysis of one tool among many that traders use to inform their decisions. What the SSL Hybrid…
The market is warming up for the week and we already have some big moves indicated. Australia is on holiday today but the big notable change is that USD/JPY contionues to sink. The pair rose as high as 159.23 on Friday in the aftermath of the BOJ but it’s now down nearly 500 pips from that level, including 123 today.Net change:Euro: 1.1864 change since Friday’s close +0.0038Japanese Yen: 154.48 change since Friday’s close −1.23British Pound: 1.3650 change since Friday’s close +0.0009Swiss Franc: 0.7753 change since Friday’s close−0.0048Canadian Dollar: 1.3700 change since Friday’s close 0.0000Australian Dollar: 0.6913 change since Friday’s close…
The Fed meets Wednesday in a week where Powell’s succession uncertainty matters more than the rate decision itself, with gold at all-time highs pricing political risk. Source link
Federal officials dig in on Minneapolis shooting narrative despite video evidence Source link
US storm leaves 670,000 without power, forces thousands of flight cancellations Source link
Mon: Australian Holiday (Australia Day), German Ifo (Jan).Tue: Chinese Industrial Profits (Dec), US Richmond Fed (Jan), US Consumer Confidence (Jan).Wed: Fed Policy Announcement, BoC Policy Announcement, BCB Policy Announcement, Australia CPI (Q4), German GfK (Feb), NZ Trade (Dec).Thu: Riksbank Policy Announcement, CBRT Minutes, EZ Money Supply (Dec).Fri: German Import Prices (Dec), German Unemployment (Jan), German GDP (Q4, flash), HICP (Jan), EZ GDP (Q4, flash).Sat: Chinese NBS PMI (Jan).Chinese Industrial Profits (Tue): The previous release (covering January-November 2025), showed a sharp loss of momentum, with YTD profits at major industrial firms up just 0.1% Y/Y, slowing sharply from 1.9% growth in…