Author: FX

You know that feeling you get when you read something that was clearly written by AI?It’s happening more and more and it pains me to see real human communication usurped, even if it means fewer typos. It’s obviously where we are headed and untold billions will continue to be made but it’s haphazard, inauthentic and often confidently wrong.if this image is any indication, those same problems are coming to the real world.An OpenAI employee this week posted two images of the ‘OpenAI Library’ presumably at the San Francisco HQ: the one above and this one.If you’ve done any image prompting…

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The MACD Mirror MT4 Indicator is an advanced version of the traditional MACD tool. Unlike the default version, it displays mirrored histogram bars, allowing traders to quickly recognize bullish and bearish momentum. When the histogram moves above the zero line, it indicates upward strength, and when it moves below, it shows downward pressure. This mirrored display makes it easier to compare both sides of market activity, enhancing visual clarity for quick analysis. Key Features and Benefits This indicator focuses on simplicity and accuracy. It automatically adjusts to market conditions, showing traders when momentum is shifting. The mirrored histogram helps identify…

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US stocks are closing mixed with the Dow and the S&P closed modestly higher, the Nasdaq still closed lower but still fell by 3% this week for its worst week since the March 31 week.A snapshot of the closing levels shows:Dow industrial average rose 74.80 points or 0.16% at 46987.10. At session lows, the Dow was down -416 points.S&P rose 8.48 points or 0.13% at 6728.80. At session lows, the S&P was down -88.88 points.Nasdaq fell -49.46 points or -0.21% at rose 23004.54. At session lows, the Nasdaq was down -490 points. .For the trading week:Dow fell -1.21%S&P fell -1.63%Nasdaq…

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Markets:Gold up $26 to $4003WTI crude oil up 35-cents to $59.78US 10-year yields flat at 4.09%S&P 500 up 0.1%Bitcoin up 2.4% to $103,557CAD leads, JPY lagsA second consecutive non-farm payrolls report was cancelled on Friday as the government shutdown continues but there is some hope for progress on the weekend as lawmakers meeting in Washington and float some proposals. There is still plenty of digging in and bluster but at least there seems to be movement with food stamps and some flights being cancelled.The mood early in the day was poor and stock markets sold off hard, with the bottom…

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The USD/JPY stages a recovery on Friday with buyers claiming 153.00, an indication that the uptrend might resume in the short term. The 100-pip or 0.68% Thursday’s loss was offset by traders buying the US Dollar due to its close correlation with the US 10-year Treasury note yield, which was steady during the trading day.USD/JPY Price Forecast: Technical outlookThe USD/JPY technical picture shows that buyers regained momentum at around 153.00 with the next support level seen at the 20-day SMA at 152.52. Although buyers kept the exchange rate from falling to 152.80, a breach of the latter opens the door…

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EUR/USD trimmed some of its previous losses and rises 0.16% on Friday’s late in the North American session, amid a scarce economic docket in both sides of the Atlantic. The US government shutdown extension to its 38th day and the light docket in Europe, keeps the pair trading within familiar levels around 1.1560.Euro gains modestly as traders shun the Dollar amid US government shutdownThat lack of data in the US increased uncertainty in the financial markets, as seen by Wall Street indices, plunging due to different reasons. Alongside the government shutdown, investors seem anxious about AI related companies being overvalued,…

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