Author: FX

TD Securities strategists highlight that the Bank of England (BoE) kept Bank Rate at 3.75% with a 6-3 split, signalling slightly more hawkish rhetoric but continued comfort with existing tightening. The July Monetary Policy Report shows a more benign inflation and growth outlook, yet risks remain skewed to the upside. They still expect Bank Rate on hold through September and an easing cycle starting in H1 2027.BoE stance, projections and risks”However, the softer inflation profile in these projections and continued evidence of underlying disinflation give us enough comfort in our call for Bank Rate to remain unchanged in September, barring…

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Litecoin has reached new lows near the 40 area within a five-wave bearish impulse, where we are now seeing some stabilization, which can be a signal for the bottom formation.The recent recovery attempt from the lows is starting to show some constructive signs, as Litecoin may be developing a leading diagonal structure to the upside. This type of formation can often appear at the beginning of a larger reversal and may provide the first indication that sellers are losing control.LTCUSD 4H ChartHowever, after completing wave (5) of a leading diagonal formation, we may now see a corrective ABC pullback before…

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Tim Morris is a work from home dad, home-based forex trader, writer and blogger by passion. He likes to research and share the latest forex trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to be able to learn and download different types of forex trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com Source link

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Bias: Gold futures remain trapped in a short-term trading range near the psychologically important $4,000 level. The better risk-to-reward currently appears on the bullish side, but only if buyers first reclaim the tightly packed resistance cluster near $4,024-$4,025.Key takeaway: The preferred bullish setup requires at least two consecutive 30-minute closes above $4,025. That could open a recovery toward $4,029, $4,034, $4,042 and $4,052. Sustained trade below $4,009 would be bearish, but the proximity of $4,000 and several nearby support references makes the short-side risk-to-reward less attractive.August gold futures were trading near $4,011 when this analysis was prepared, following a rejection…

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