Author: FX
The Fed, ECB, BOE, and BOC agreed inflation is stubborn, but their policy paths now look very different for traders. Source link
EUR/NZD is testing a MAJOR support zone after Lagarde’s relatively hawkish remarks. Will this lead to EUR/NZD extending a weeks-long uptrend? Source link
The Target Bands Indicator MT4 was created to help solve this problem. Instead of relying only on support and resistance drawn by hand, it displays projected price bands that can act as potential target or reaction zones. Traders use these levels to improve entries, manage exits, and plan trades with better structure.That said, no indicator can predict every market move. The best results usually come when the Target Bands Indicator MT4 is combined with price action, trend analysis, and sound risk management. Understanding how it works is the first step toward using it effectively in real trading conditions.What Is the…
JPMorgan’s flagged divergence puts fresh focus on hyperscaler share price behaviour into the summer, with framing of individual stock charts for Meta, Microsoft, Amazon and Alphabet as the key signal to watch for a potential sentiment driven setback into autumn. Chip and memory names have carried the AI trade higher through 2026, but a sustained gap between hardware performance and heavy capex spenders raises the risk of a broader rotation or pullback if investors continue questioning AI monetisation. The parallel drawn to 1999, when communications equipment makers rallied while heavy capital spenders fell before the 2000 crash, adds a historical…
Qatar’s Foreign Ministry spokesperson said that “positive progress” was made on issues related to the Memorandum of Understanding (MoU) following separate meeting of Qatari and Pakistani mediators with the US and Iranian delegation in Doha, CNN reported on Wednesday.The Qatari government spokesperson said that US President Donald Trump’s son-in-law Jared Kushner and US special envoy Steve Witkoff arrived in Doha, Qatar on Tuesday for indirect talks with Iran. The US envoys are speaking with mediators and not directly with the Iranians.In Washington, Trump described the meetings in Doha as very good. “As far as things are going, the denuclearization of Iran is…
AUD/USD shows oversold Williams %R, signaling a possible rebound or continued selloff. Will sellers confirm weakness and push lower, or will buyers stabilize price and trigger a bounce? Source link
The Wall Street Journal is reporting that SpaceX has developed a prototype AI devise to investors. They reportedly showed some investors ahead of the IPO back in June. Prototype unveiled: SpaceX has reportedly showed select investors a prototype of a slim, handset-like AI device ahead of its anticipated IPO back in JuneNot yet a product: The company emphasized the project is still in the early stages, and the design could change or never reach production. AI-first design: The device is intended to run a proprietary operating system and integrate AI technology from xAI, Elon Musk’s artificial intelligence company. Hardware: According…
West Texas Intermediate (WTI) crude Oil remains under pressure on Wednesday as improving crude flows through the Strait of Hormuz push prices back to levels seen before the US-Iran war, overshadowing the latest US inventory data. At the time of writing, WTI trades around $68.13 per barrel, down nearly 2.60% on the day.The US Energy Information Administration (EIA) reported that commercial crude Oil inventories fell by 3.775 million barrels in the week ended June 26, marking a tenth consecutive weekly draw. However, the decline was smaller than market expectations for a 5.1 million-barrel draw and followed a 6.088 million-barrel decline…
Wynnstay H1 2026 slides: Project Genesis lifts profit 12% on flat sales Source link
Reuters is reporting that OPEC+ is likely to raise oil output quotas for August by 188K BPD. OPEC+ will meet on Sunday.The increase would continue OPEC+’s gradual monthly unwinding of its voluntary production cuts. Assuming the group sticks with another 188,000 bpd increase for August, it would remain on track to restore the remaining voluntary cuts over the coming months. For oil prices, the focus will likely shift away from the headline quota increase and toward: Whether actual production can rise by the full amount. Compliance from members such as Iraq and Kazakhstan. Global demand expectations. Geopolitical risks and any…