Author: FX
The Next Candle Prediction indicator displays a visual projection of the upcoming candlestick based on recent price behavior and momentum patterns. It typically appears as a dotted or semi-transparent candle extension beyond the current bar, showing the expected high, low, open, and close values. Most versions of this indicator calculate predictions using a combination of moving averages, momentum oscillators, and pattern recognition algorithms. The tool analyzes the last 5-20 completed candles (depending on settings) to identify velocity, acceleration, and directional bias. It then extrapolates these values forward one bar. Traders use these projections for entry timing rather than directional decisions.…
BTC/USD just had a big down day, dropping to ~84,400 and closing below the lower line of its Bollinger Bands. When price moves this far out of its “normal” range, it often catches traders’ attention because it can signal two things: either the price may bounce back toward its average, or the downward move might continue. In the next few days, we’ll watch how the price behaves to see which direction it’s more likely to go. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts…
Markets extended losses on Thursday as technology stocks led a broad selloff amid concerns over artificial intelligence spending returns, while geopolitical tensions with Iran pushed oil and gold sharply higher despite the Federal Reserve’s steady policy stance. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: New Zealand Balance of Trade for December 2025: 0.05B (-0.18B forecast; -0.16B previous) New Zealand ANZ Business Confidence for January 2026: 64.1 (73.9 forecast; 73.6 previous) U.K. Car Production for December 2025: 17.7% y/y (6.7% y/y forecast; -14.3% y/y previous) Australia…
Mondelez names CFO Zaramella as COO, starts search for new finance chief Source link
For the past few years, central banks were basically peak One Direction. Wherever one went, the rest followed. Everyone was hiking rates together to fight the same monster: inflation. But as January 2026 gets underway, the playlist has changed. Just like Harry Styles is gearing up for his Together Together tour, and Zayn Malik and Louis Tomlinson are working on a Netflix project, major central banks are no longer moving in sync. Today, the U.S. Federal Reserve looks set to cut interest rates in the coming months. The RBA and the BOJ may still be leaning toward hikes. Meanwhile, the…
Sandisk crushed Q2 expectations and delivered a blockbuster Q3 guide that resets near-term earnings and revenue assumptions.Summary:Sandisk delivered a major beat on both earnings and revenue versus consensus.Guidance for Q3 was the big shock: management sees a step-change higher on both EPS and sales.The outlook implies strong pricing and/or mix, plus meaningful operating leverage.Such a large guide-up typically forces analysts to rebase near-term estimates and margin assumptions.Market focus now shifts to sustainability: supply discipline, demand durability, and competitive dynamics.Sandisk posted a standout second-quarter FY2026 result, smashing expectations on both profitability and top-line performance, and then raising the bar again with…
Microsoft’s (MSFT) post-earnings cratering on Thursday sent other indices into pullback mode despite the narrow nature of its weakness. Although it lost a more serene 4% afterhours on Wednesday following its resounding earnings beat, the Redmond, Washington-based Microsoft sank a solid 12% during the afternoon of Thursday’s regular session.Analysts blamed nerves surrounding the company’s heavy capex ramp up, which is set to rise by two-thirds in 2026 as the company spends lavishly on building more data centers equipped with the latest AI chips. Additionally, some blamed the company’s proximity to OpenAI, which is dealing with uncertainty in regard to its…
Is OpenAI suddenly toxic?The market is sensing that ChatGPT is going to lose the generative AI race because they can’t keep up with the spending of Google and others. Plus they don’t have the data and integration of their megacap competitors.Microsoft posted a 24% rise in y/y earnings today but shares are down 11.5%. That makes today the 9th worst day ever for Microsoft stock by by far the largest single-day drop in market cap.In fact, this is the second-largest single day market cap destruction after the Jan 28, 2025 decline in NVDA. Here is the chart of the worst…
The Canadian Dollar (CAD) extends its gains against the US Dollar (USD) on Thursday, with USD/CAD sliding to its lowest level since October 2024, as the Loonie draws support from rising Oil prices and a steady Bank of Canada (BoC) monetary policy outlook. At the time of writing, the pair is trading near 1.3500, down nearly 0.40% on the day.Rising crude prices tend to support the Canadian Dollar, as Canada is one of the world’s largest Oil exporters. Oil prices surged sharply after Washington issued fresh warnings of potential military action against Iran over its nuclear programme, reviving concerns about…
There is unusual potential for a new shock, a new disruption due to Trump policiesGeopolitical risks are elevated and attacks on the Fed’s independence is another key riskThere is no easy way to manage this uncertaintyA Fed that is not delivering predictability is not going to be good for anybodyUnpredictability of US policy has dented dollar as the global safe assetUSD/CAD exchange rate has not been a big preoccupation for us in recent yearsBut if USD/CAD exchange rate changes a lot, that will affect our projectionsAnd we will have to take that into accountWe are feeling like there are more…