Author: FX
Silver (XAG/USD) continues its spectacular rally at the start of the week, trading around $109.50 at the time of writing, up 6.90% on the day. The white metal earlier touched a new record high at $110.90, benefiting from an increasingly uncertain macroeconomic environment that favors safe-haven assets.Risk aversion remains driven by mounting concerns surrounding the United States (US). Repeated trade threats from the US administration, growing risks of a budget shutdown and questions over the independence of the Federal Reserve (Fed) are reviving fears about a deterioration in the economic and institutional framework. In this context, investors are turning to…
Prior 87.6Current conditions 85.7 vs 86.0 expectedPrior 85.6Expectations 89.5 vs 90.3 expectedPrior 89.7German business sentiment stagnates to start the year with the expectations/outlook index dropping a little. The current conditions shows a marginal improvement but it’s nothing optimistic and doesn’t really suggest a material betterment in business activity. As price pressures continue to hold higher, that’s biting at the overall economy.The manufacturing sector also remains on edge, still in recession territory, and that’s offsetting any positive momentum from the services sector. That has been the case for well over a year now in Germany.Meanwhile, employment conditions are also starting to…
Silver (XAG/USD) prolongs its recent well-established uptrend and continues scaling new all-time peaks for the third straight day, rising to the 109.45 region on Monday. The white metal sticks to bullish bias through the early European session and currently trades around mid-$108.00s, up nearly 6% for the day.Last week’s breakout through the $96.00 horizontal barrier and a subsequent move beyond the $100 psychological mark were seen as key triggers for the XAG/USD bulls. Moreover, the ascending channel from $70.60 supports the uptrend, and the upper boundary at $107.13 has been breached, signaling an extension of the advance.The Moving Average Convergence…
The Schaff Trend Cycle is a momentum-based oscillator developed by Doug Schaff in the 1990s. Unlike simple moving average crossovers or basic momentum tools, the STC incorporates exponential moving averages (EMAs) with a proprietary cycle component. The result is an oscillator that fluctuates between 0 and 100, with key levels at 25 and 75. Think of it as an enhanced MACD that’s been run through an additional smoothing filter. The indicator displays as a single line that traders watch for crossovers above or below these threshold levels. When the STC line crosses above 25, it signals potential bullish momentum. A…
Bitcoin has been in selloff mode again, but bulls could have an opportunity to charge as price tests the bottom of an ascending channel on the 4-hour chart. Or will we see a break lower and further downside for BTC/USD? Better keep close tabs on these inflection points! Bitcoin (BTC/USD) 4-hour Chart by TradingView The crypto mood has soured again in the previous week, as bitcoin struggled to catch a bid despite risk flows in both directions. BTC/USD lost ground early on while risk-off flows picked up on tariffs-related geopolitical tensions then proceeded to extend its decline even as risk-taking…
AUD/CHF has been forming higher lows and higher highs connected by an uptrend channel on its 4-hour chart. Is another bounce off support in the works? Check out these nearby inflection points! AUD/CHF 4-hour Forex Chart by TradingView The market mood saw a huge improvement last week after Trump backpedaled on military action in Greenland and higher tariffs on European nations, prompting a de-escalation relief rally that lifted the Aussie while weighing on the safe-haven franc. AUD/CHF carried on with its climb to test the top of its ascending channel, retreating early this week on a bit of profit-taking. Can…
U.S. natgas tops $6 for first time since 2022, power plant outages surge as Arctic blast bears down Source link
USD/JPY is down 167 pips to the lows of the day.It’s been volatile trading so far today as the pair initially traded near these levels befoer bouncing by more than 100 pips. In the past two hours though, it began trending lower and has now taken out the lows.The drop today takes the pair through a December double bottom near 154.30 and that highlights the possibility of a trend change. If you zoom out, the reversals in this pair, particularly the ones lower lately have been big and aggressive. The July 2024 reversal is instructive as it also started near…
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9843 compared to Friday’s fix of 6.9929. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist Party (CCP) Committee Secretary, nominated…
The SSL Hybrid MT5 Indicator tackles this exact problem. It cuts through market noise by showing traders which direction actually has momentum behind it. Instead of reacting to every price swing, traders get a visual framework that separates genuine trend moves from choppy, range-bound action. This article breaks down how the indicator functions, where it shines, and—just as importantly—where it falls short. Trading forex carries substantial risk. No indicator guarantees profits, and past performance doesn’t predict future results. What follows is a technical analysis of one tool among many that traders use to inform their decisions. What the SSL Hybrid…