Author: FX

The WPRSI Signal MT4 Indicator addresses this issue by combining the strengths of the Williams Percent Range (WPR) and Relative Strength Index (RSI) to generate precise trading signals. With it, traders can spot trends early and trade with more confidence. Understanding the WPRSI Signal MT4 Indicator The WPRSI Signal MT4 Indicator merges two popular technical tools—the WPR and RSI—into one easy-to-read indicator. WPR measures overbought and oversold conditions, while RSI gauges momentum. By combining them, the indicator minimizes false signals and highlights stronger trading opportunities. This dual approach helps traders quickly determine market direction and potential reversal points. Whether the…

The GBP/USD pair gains momentum to around 1.3425 during the early Asian session on Wednesday. The Pound Sterling (GBP) edges higher against the Greenback on the upbeat UK preliminary S&P Global Purchasing Managers’ Index (PMI) data. Traders will take more cues from the Fedspeak later on Wednesday. Data released by S&P Global on Tuesday showed that the UK Composite PMI came in at 52.1, versus estimates of 51.4 and the previous reading of 51.2. The Services and the Manufacturing PMI jumped to 52.1 and 51.2, respectively. Both figures came in above the market consensus. The improvement in the UK’s dominant services sector…

Authorities still trying to identify Brown University gunman three days into manhunt Source link

Comments in an essay from Bostic:continues to view price stability as the most pressing risk facing FOMCit is unclear whether the labor market is significantly out of balance Expects inflation to remain above 2.5% even at the end of 2026.Sees little to suggest price pressures will dissipate before mid-to-late 2026 at the earliest.”Aggressive monetary policy response” is not warranted for current labor market conditions.Moving policy near or into accommodative territory risks exacerbating inflation and untethering expectations.Employment market is, at best, moving sideways; likely conditions are softening but not at a negative inflection point.GDPNow model estimates for Q3 are holding north…

Here is what you need to know on Wednesday, December 17:The US Dollar Index (DXY) tumbled below 98.00 on Tuesday, reaching its lowest level since the beginning of October. The Greenback faced intense selling pressure following a delayed labor report that revealed a significant softening in the US job market, overshadowing weak economic activity data from Europe. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Australian Dollar. USDEURGBPJPYCADAUDNZDCHFUSD-0.01%-0.36%-0.32%-0.20%0.05%-0.03%-0.18%EUR0.00%-0.35%-0.33%-0.20%0.06%-0.02%-0.17%GBP0.36%0.35%0.02%0.15%0.42%0.33%0.18%JPY0.32%0.33%-0.02%0.12%0.38%0.29%0.14%CAD0.20%0.20%-0.15%-0.12%0.26%0.19%0.03%AUD-0.05%-0.06%-0.42%-0.38%-0.26%-0.09%-0.23%NZD0.03%0.02%-0.33%-0.29%-0.19%0.09%-0.15%CHF0.18%0.17%-0.18%-0.14%-0.03%0.23%0.15% The heat map shows percentage changes of major currencies against each other. The…

WH economic advisor Kevin Hassett is speaking on CNBC and says:There is plenty of room to cut ratesUS rates are out of touch with the rest of the worldon the jobs data sees a solid upward trajectory.Trump thinks interest rates could be lower.If I were there, I’d have to negotiate with the rest of the committee.Fed would have to see what kind of consensus could be reached.Thinks we can reach 3% growth and 1% inflation againDeficit reduction is a key to the economy to lower rates.We are pretty positive that the Supreme Court will rule in our favor, and if…

China imported far more Crude than needed in November, adding to strategic reserves and helping prevent a sharper drop in global Oil prices, though the sustainability of this trend remains uncertain, Commerzbank’s FX analyst Michael Pfister notes. China absorbs global Oil oversupply”China once again imported significantly more Crude Oil in November than it needed for its own requirements. Comparing the data on Crude Oil processing with that on Crude Oil imports and domestic Crude Oil production, the resulting surplus amounts to 1.9 million barrels per day. This Crude Oil is likely to have been used to build up strategic reserves…

Pony AI lands a bull rating from Macquarie on robotaxi potential Source link

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…

The CVD MT4 Indicator works by calculating the difference between buying volume and selling volume over time. Every time a trade happens at the ask price, it’s counted as buying volume. When a trade happens at the bid price, it’s selling volume. The indicator adds up these differences continuously, creating a running total that shows whether buyers or sellers have been more aggressive. When the CVD line goes up, buyers are in control. When it drops, sellers are taking over. This simple visual makes it way easier for traders to understand what’s really happening beneath the surface of price action.…