Author: FX

A double top pattern appears to have formed on CAD/JPY’s daily time frame, and price is currently testing the neckline support. Will we see a reversal soon? Source link

With the Bank of Canada (BOC) still holding a balancing act between strong inflation and weak growth, will the upcoming jobs report tip the scales in a clearer direction? Expectations are for a slightly faster pace of increase in hiring, though underlying metrics might not be so rosy. Here’s what to look out for in this top-tier release. Source link

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8487 compared to the previous day’s fix of 6.8562 and 6.8087 Reuters estimate. 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…

The non repaint reversal indicator MT5 addresses this exact problem. Unlike traditional oscillators that recalculate historical values, this tool locks in signals once they form. When it shows a reversal, that signal stays put—even if price action gets choppy. For traders tired of phantom signals and backtest illusions, this indicator offers something different: consistency between what you see in testing and what you get in live markets. What Makes This Indicator Different The term “non repaint” isn’t just marketing speak—it’s a fundamental structural difference. Most reversal indicators calculate values based on incomplete bars, then adjust those calculations when new price…

Earnings Call Insights: trivago N.V. (TRVG) Q1 2026 Management View “We are off to a strong start to 2026, delivering 15% year-over-year total revenue growth and our fifth consecutive quarter of double-digit growth, while improving profitability against our prior year.” (MD for communication, Strategy, Partnerships & Talents andSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended…

RBNZ Governor Breman:Expect New Zealand house prices to remain flat, increase a “little bit” over timeExpect somewhat higher near term inflationExpect somewhat weaker growth but we still expect growth this year This article was written by Eamonn Sheridan at investinglive.com. Source link

U.S.-Iran peace deal optimism sent oil tumbling more than 7% and lifted the S&P 500 to record highs, while the dollar broadly retreated across major currency pairs. Source link

Societe Generale analysts Kunal Kundu and Galvin Chia say Indonesia’s early‑2026 fiscal deterioration is driven by front‑loaded expenditure, with the primary balance already in deficit and raising financing needs. They argue this mainly reinforces existing concerns rather than creating a new shock for FX, and they keep a bearish stance on the Indonesian currency while expecting some upward pressure on longer‑dated rates.Fiscal risks reinforce bearish FX stance”While the deficit data adds to long‑standing market concerns around the fiscal position, it is likely a less significant marginal driver for FX, which should primarily reflect risks around larger net oil & gas…

The USDCAD moved lower earlier in the day as broad-based dollar selling pressure pushed the pair down, but buyers found support and helped drive the price back toward unchanged levels on the session. In the rebound, the pair climbed back above its 100-hour moving average, which currently comes in at 1.3600 — a key technical level and psychologically important round number.With the price now back above the 100-hour moving average, attention shifts higher toward the 200-hour moving average at 1.36316. That level also aligns closely with a swing area between 1.3620 and 1.36305, creating a layered resistance zone that traders…

EUR/GBP trades flat on Wednesday after trimming earlier gains as geopolitical headlines surrounding a potential US-Iran peace deal triggered fresh volatility across the FX market. At the time of writing, the cross is trading around 0.8635, little changed on the day after touching an intraday high of 0.8649.The Euro (EUR) strengthened earlier in the European trading session after Axios reported that Washington and Tehran are moving closer to a potential agreement aimed at ending the war and establishing a framework for detailed nuclear negotiations.However, the Euro’s gains proved short-lived as uncertainty remained elevated with US President Donald Trump warning that…