Author: FX
Can Canada’s employment report still influence BOC policy expectations? Here’s what to look out for in this top-tier release. Source link
The 3 MA crossover indicator MT4 tackles this by layering three moving averages—fast, medium, and slow—to filter out noise and confirm trend direction. When all three align in a specific order, it signals stronger conviction than any single moving average could provide. This setup helps traders catch meaningful moves while avoiding the fake-outs that plague simpler systems. What the 3 MA Crossover Indicator Actually Does This indicator plots three exponential or simple moving averages on a chart simultaneously. Typical configurations use periods like 5, 10, and 20 (fast scalping), 10, 20, and 50 (swing trading), or 20, 50, and 200…
From a little earlier, Goldman says oil shocks lift rates short term but drive cuts as growth weakensSummary:Goldman says rates rising on oil-driven inflation fears Markets pricing tighter policy in near term Supply shocks create inflation vs growth trade-off Higher oil boosts inflation but drags on activity Historical pattern shows two-stage policy response Rates typically higher in first 1–3 months Rates tend to fall 6–9 months as growth slows Current market reflects early hawkish phase Longer-term path depends on growth impactGoldman Sachs says the sharp rise in developed market interest rates since the start of the Iran war reflects growing…
Markets surged as US-Iran ceasefire sparked massive risk rally with oil plunging over 17%, equities jumping, and dollar retreating while significant geopolitical uncertainties lingered throughout Wednesday session. Source link
The NZD/USD pair rallies sharply on Wednesday, boosted by a double whammy: The de-escalation of the Middle East conflict and hawkish remarks by the Reserve Bank of New Zealand (RBNZ) Governor, Anna Breman, following the bank’s monetary policy meeting. At the time of writing, the pair trades at 0.5816 after rebounding at daily lows of 0.5715.NZD/USD Price Forecast: Technical OutlookFrom a technical perspective, NZD/USD is set to consolidate after reaching a two-week high of 0.5860, but it has failed to sustain its gains above the 200-day Simple Moving Average (SMA) at 0.5849, which could exacerbate a fall below 0.5800.Nevertheless, momentum…
The RBNZ just turned hawkish and oil is sliding on ceasefire news — here’s the NZD/CAD confluence zone we’re watching for a potential long setup. Source link
Some headlines from the White House press briefing:Iran can no longer distribute weapons to its proxiesIran asked for an agreed to a ceasefireIran has agreed to open HormuzIran’s original plan was discardedIran then put forward a more-reasonable planTrump’s red lines have not changedWe’ve seen an uptick in Strait trafficTrump expects it to be openIt’s hard to know what’s true and what’s spin in any of this.US and Iran to hold first round of talks Saturday in PakistanThere were also talks between top-level of US and ChinaTrump is dispatching team led by Vance to Pakistan This article was written by Adam…
The RBNZ held its OCR at 2.25% for a second straight meeting, but a hawkish tone from Governor Breman and a US-Iran ceasefire sent the Kiwi surging. Source link
The Iran ceasefire triggered massive relief rallies, but this two-week pause isn’t peace. Oil crashed 13%, equities surged, and Friday’s CPI will test everything. Source link
West Texas Intermediate (WTI) Crude Oil trades sharply lower on Wednesday, falling more than 10% after a temporary ceasefire agreement between the United States and Iran reduced the geopolitical risk premium embedded in prices. At the time of writing, WTI is trading near $89.50 per barrel, after hitting an intraday low near $86, marking its lowest level since March 25.US President Donald Trump said on Truth Social that Washington would suspend attacks on Iran for two weeks, provided Tehran ensures the full reopening of the Strait of Hormuz. Iran signaled that safe transit through the key shipping route could be…