Author: FX

Missed the range breakdown on EUR/CAD? The pair seems to be in the middle of a correction to the area of interest, but will it keep holding? Take a look at these inflection points I’m watching on the 4-hour time frame: EUR/CAD 4-hour Forex Chart by TradingView European markets had a mostly bearish reaction to the U.S. elections earlier this month, dragging EUR/CAD below the strong support zone around the 1.4900 major psychological mark. However, a return in risk-off flows this week also forced the higher-yielding Canadian dollar to take hits, allowing the pair to pull back up to the…

USD/CHF trades stronger to near 0.8835 in Tuesday’s early European session.  Fed easing bets pared on Trump policy outlook, and strong US economic data.  Geopolitical risks might boost the Swiss Franc and create a headwind for the pair.  The USD/CHF pair edges higher to around 0.8835 during the early European session on Tuesday, bolstered by the firmer Greenback. Switzerland’s October Trade Balance will be released later on Tuesday. Also, the Federal Reserve’s (Fed) Jeffrey Schmid is set to speak. The strong US economic data and potential inflation from proposed tariffs have fuelled speculation that the Fed would slow the path of rate…

All eyes will be on the latest U.K. CPI reports that may hint at the Bank of England’s (BOE) policy decision in December. Our Event Guide for the U.K. October CPI Report points out that leading business surveys and slowdowns in retail activity could lead to subdued monthly price pressures. Weak inflation readings would support BOE members’ expectations of “gradualism” and likely drag GBP lower against counterparts like NZD and JPY. 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…

By Lisandra Paraguassu and Andreas Rinke RIO DE JANEIRO (Reuters) -Leaders from the Group of 20 major economies on Monday issued a joint statement highlighting the suffering caused by conflicts in Gaza and Ukraine, while calling for cooperation on climate change, poverty reduction and tax policy. G20 leaders meeting at Rio de Janeiro’s Modern Art Museum for a two-day summit tackled an agenda that reflected a shifting global order, trying to shore up multilateral consensus before U.S. President-elect Donald Trump returns to power in January. Their discussions of trade, climate change and international security will run up against the sharp…

The Hurst Bands and Hurst Oscillator Forex Trading Strategy is rooted in cyclic market analysis, offering traders a systematic approach to identifying market trends and potential reversals. The strategy leverages two key components: Hurst Bands, which are dynamic price channels that adjust to market volatility, and the Hurst Oscillator, a technical indicator that helps spot overbought and oversold conditions. When used together, these tools give traders an edge in anticipating price fluctuations and capitalizing on emerging opportunities, particularly in ranging and trending markets. Hurst Bands are based on the concept of cyclic price movement, developed by J.M. Hurst, a pioneer…

The foreign exchange market, or forex for short, can be a thrilling yet intimidating arena for new traders. Prices constantly fluctuate, and deciphering their underlying patterns feels like cracking a complex code. Thankfully, technical analysis tools like the Market Structure Low High MT4 Indicator can shed light on price movements and empower you to make informed trading decisions. This comprehensive guide delves into the world of the Market Structure Low High MT4 Indicator. We’ll explore its core functionalities, delve into its advantages and limitations, and equip you with practical strategies to leverage its insights in your trading endeavors. Before diving…

China Securities Journal quotes analysts saying further cuts to RRR coming this year. —The Reserve Requirement Ratio (RRR) is a central bank regulation that sets the minimum amount of reserves each bank must hold in relation to their deposit liabilities. Its the percentage of total deposits that banks are legally required to keep on hand, either as cash in their vaults or in a reserve account at the central bank.In China, this ratio is set by the People’s Bank of China (PBOC).By adjusting the RRR, the PBOC can influence the lending capacity of commercial banks. For example, an increase in…

AUD/USD holds steady around 0.6505 in Monday’s early Asian session.  The stronger US economic data and cautious comments from Fed officials might lift the USD.  Trump’s policies on taxes, tariffs could weigh on the Aussie. The AUD/USD pair trades flat near 0.6505 amid the consolidation of the US Dollar (USD) during the early Asian session on Tuesday. Investors will monitor the Reserve Bank of Australia (RBA) Meeting Minutes, which is due later on Tuesday. The US Dollar Index (DXY), which measures the USD against a basket of currencies, currently trades around 106.20 after retreating from a more than one-year high last…

Jeffrey T. Diehl, a director at Paylocity (NASDAQ:) Holding Corp (NASDAQ:PCTY), has recently sold shares in the company, according to a regulatory filing. On November 14, Diehl disposed of a substantial number of shares, with the total sale valued at approximately $3.02 million. The shares were sold at prices ranging from $205.66 to $207.75 per share. The transactions were conducted through various funds affiliated with Adams Street Partners, LLC, where Diehl is a partner. These include the Adams Street 2006, 2007, 2008, 2009, 2010, 2011, and 2012 Direct Funds, as well as the Adams Street Co-Investment Fund II. Diehl’s role…

The EURUSD is stretching to the upside with the price now moving away from the 100-hour MA at 1.05659. That MA was broken earlier today after finding sellers against the moving average level on Friday and again earlier today.Although the price traded above and below the 100-hour moving average on the first break (the low price reached back down to 1.0560 before bouncing higher). The buyers ultimately took control pushing the price to an intraday high so far 1.0589.The next key targets come in near 1.05926 (near swing lows from November 12, and November 13 and swing high from Friday’s…