Author: FX
The Fine Fractals MT4 Indicator offers a solution by clearly highlighting fractal points on your charts, giving traders a simple visual tool to detect potential reversals and trend continuations. With this indicator, identifying key price levels becomes easier, helping traders make more confident and informed decisions. Understanding the Fine Fractals MT4 Indicator The Fine Fractals MT4 Indicator is a technical tool designed to detect local highs and lows in price movement, known as fractals. These fractals are critical because they show areas where the market has previously reversed, giving traders insight into potential future price action. By marking these points…
The AUD/USD pair prolongs last week’s retracement slide from a nearly three-month peak, around the 0.6685 region, and drifts lower for the fourth straight day on Tuesday. Spot prices, however, recover a few pips from a one-week low, touched during the Asian session, and currently trade around the 0.6630-0.6635 region, down less than 0.10% for the day.Against the backdrop of mixed Australian employment details released last Thursday, Monday’s disappointing Chinese macro data revived concerns about the health of the world’s second-largest economy. This, along with a weaker risk tone, undermines the Australian Dollar (AUD). The US Dollar (USD), on the…
bunhill/E+ via Getty ImagesAsia stock markets lower on Tuesday, tracking another AI-led selloff on Wall Street, while investors also positioned ahead of a key US jobs report that could shape expectations for Federal Reserve monetary policy. Additionally, markets are positioning for a series of Source link
Cable looks ready to extend a short-term uptrend! Think GBP/USD will see new December highs in the next trading sessions? Here’s what we’re seeing on the 4-hour time frame: GBP/USD 4-hour Forex Chart by TradingView Friday’s soft U.K. GDP print pushed traders to lean more heavily toward a dovish Bank of England (BOE) rate cut later this week. The U.S. dollar was not exactly flexing either, as markets continued to price in more rate cuts in 2026 than the Fed’s dot plot suggests. Still, with top-tier market events ahead, caution crept back in and kept safe-haven demand for the dollar…
Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say Source link
Canada’s November inflation report delivered a steady headline print while offering the Bank of Canada (BOC) its first clear signal in months that underlying price pressures are finally cooling. Statistics Canada reported headline CPI unchanged at 2.2% y/y in November, matching October’s rate but coming in slightly below the 2.3% consensus forecast. Monthly CPI rose 0.1%, meeting expectations and down from October’s 0.2% increase. The key development came from the BOC’s preferred core measures, which had stubbornly hovered around 3% since April, when U.S. tariffs began affecting Canadian prices. Both CPI-median and CPI-trim fell to 2.8% from 3.0% in October,…
AUD/JPY has formed higher lows and higher highs inside an ascending channel on the 4-hour chart. Is the friend still our friend on this one? Take a look at these potential support levels! AUD/JPY 4-hour Forex Chart by TradingView The Reserve Bank of Australia’s (RBA) shift to a less dovish stance sparked a steady climb for the Aussie, enabling AUD/JPY to cruise inside a rising channel since last month. However, strengthening expectations of a Bank of Japan (BOJ) interest rate hike soon are also boosting the Japanese currency and allowing the channel top to hold as a ceiling. Can the…
Ford Motor is taking a major step back from its electric-vehicle ambitions, announcing roughly US$19.5 billion in charges largely tied to its loss-making EV operations, as the automaker pivots toward hybrids, extended-range vehicles and conventional gasoline models amid weakening EV demand. The Wall Street Journal with the info. In brief:The impairment is among the largest ever recorded by a U.S. industrial company and represents the clearest acknowledgment yet from Detroit that the transition to fully electric vehicles will take longer and be less profitable than previously expected. Ford has lost around US$13 billion on its EV business since 2023, underscoring…
The Heiken Ashi Zone Trade MT4 Indicator is designed to tackle this challenge. By smoothing price action and clearly highlighting trend zones, it allows traders to spot potential trade opportunities quickly and with more confidence. In this article, you’ll discover how this powerful tool can simplify your trading and improve your market decisions. Understanding the Heiken Ashi Zone Trade Indicator The Heiken Ashi Zone Trade MT4 Indicator uses a modified version of traditional Heiken Ashi candlesticks. Unlike standard candlesticks, it filters out market noise, making trends easier to identify. The indicator visually separates bullish and bearish zones with color-coded areas,…
Gold price (XAU/USD) extends its upside to around $4,305, the highest since October 21, during the early Asian trading hours on Tuesday. The precious metal edges higher on further US Federal Reserve (Fed) cut bets. The US Nonfarm Payrolls (NFP) report will take center stage later on Tuesday. Also, the US Retail Sales and Purchasing Managers Index (PMI) will be published. The US Fed implemented its third cut of the year last week and signaled an additional rate reduction next year, supporting the yellow metal. Lower interest rates could reduce the opportunity cost of holding Gold, supporting the non-yielding precious metal.According to the Summary of Economic…