Author: FX

Date: January 23, 2026 Market: Light Crude Oil Futures (CL) | Micro Crude Oil (MCL) Author: Itai Levitan, investingLive.comAs I show in my video above, this oil technical analysis for today focuses on the daily structure in light crude oil futures, where price action continues to favor the bears. That said, this is not a one-sided narrative. While the current evidence points lower, we remain very clear about where, when, and how the bearish outlook would be invalidated. Tight risk control and open-mindedness are essential, especially in crude oil.Key takeaways for traders and investorsCrude oil remains inside a well-defined price…

The best reversal MT4 indicator doesn’t predict the future, but it does something arguably more valuable: it identifies high-probability turning points using objective price data. When calibrated properly, these tools cut through the noise and highlight moments when momentum shifts from bulls to bears—or vice versa. What Makes a Reversal Indicator Best Here’s the thing—there’s no universal champion in the reversal indicator arena. What works for scalping EUR/JPY on a 5-minute chart might fall flat when swing trading gold on the daily timeframe. The best reversal indicators share three characteristics: they combine multiple confirmation signals, they adapt to different market…

German/ Eurozone flash PMIs OverviewThe preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for January is due for release today at 08:30 and 09:00 GMT, respectively.Amongst the Euro area economies, the German and the composite Eurozone PMI reports hold more relevance, in terms of their impact on the European currency and the related markets as well.The flash Composite PMI for Germany is expected to come in higher due to an improvement in both manufacturing and the service sector activity. In December, the Composite PMI came in at 51.3.Preliminary Services PMI is seen at 53, higher than 52.7 in December.…

EUR/CAD is struggling to break through its moving average resistance. Could this keep the pair stuck in its downtrend before it runs into the top of the pattern? Let’s check out the daily time frame: EUR/CAD Daily Forex Chart by TradingView The euro has seen mixed price action so far this week, acting as a regional safe haven at times while also trading like a risk currency against other counterparts. The Canadian dollar has not found much traction either, with the oil-linked currency showing uneven moves despite firmer oil prices and an improvement in overall risk sentiment. With Euro Area…

The U.S. core Personal Consumption Expenditures (PCE) price index rose 2.8% year-over-year in November, matching expectations and ticking up from October’s 2.7% reading, according to data released Thursday by the Bureau of Economic Analysis (BEA). The headline PCE price index also increased 2.8% annually, up from 2.7% in October and in line with forecasts. On a monthly basis, both headline and core PCE rose 0.2%, matching expectations. Key Takeaways Core PCE rose 2.8% year-over-year in November, up from 2.7% in October Headline PCE also increased 2.8% annually, matching the core rate October and November data were released together due to…

USD/CHF has formed lower highs and found support around the .7900 major psychological handle, creating a descending triangle on its 4-hour time frame. Is it due for a breakout soon? Better watch out for candlestick patterns at these inflection points! USD/CHF 4-hour Forex Chart by TradingView TACO trades aren’t exactly doing the U.S. dollar any favors these days, as Trump’s tendency to backpedal on his bombshell announcements is weighing on the currency’s outlook and credibility as safe-haven asset. In contrast, the lower-yielding Swiss franc has been raking in risk-off flows these days, thanks in part to its positive correlation to…

New Zealand’s consumer price inflation dipped from 1.0% to 0.6% on a quarterly basis in Q4 2025, bringing the annual rate to 3.1%. This surpassed both market expectations of a 0.5% quarter-on-quarter gain and the Reserve Bank of New Zealand’s forecasts, as elevated domestic price pressures continued to offset weaker international pricing. Key Takeaways Annual headline CPI rose 3.1% year-on-year, up from 2.7% in September 2025. Quarterly inflation registered 0.6%, exceeding market and RBNZ forecasts by a tenth of a percentage point. Domestic vs. International Pressures: Non-tradeable inflation, which reflects domestic demand and supply conditions, increased 3.5% annually but showed…

Japan signalled heightened market vigilance while playing down recent bond market stress.Summary:Japan monitoring markets closely amid ongoing volatilityFinance minister says bond market rout has easedDetails of proposed sales tax cut not yet decidedOngoing communication with US Treasury officialsAuthorities stress importance of market dialogueJapan’s government signalled heightened vigilance over financial market conditions on Friday, as Finance Minister Satsuki Katayama acknowledged recent instability across both global and domestic markets while seeking to reassure investors that stress in the bond market has begun to ease.Speaking at a press conference, Katayama said authorities are monitoring market developments with a “high sense of urgency,” reflecting…

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9929 compared to the previous day’s fix of 7.0019 and 6.9481 Reuters estimate. 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…

The Breakout Probability MT4 Indicator analyzes price compression and volatility to assign a percentage likelihood to potential breakouts. Unlike simple support and resistance indicators, this tool calculates the statistical probability of price breaking through a defined range based on current market conditions. The indicator displays probability percentages above consolidation zones, typically ranging from 0% to 100%. A reading above 70% suggests favorable conditions for a breakout, while readings below 30% indicate the range may hold. But here’s the thing—these aren’t guarantees. They’re statistical edges based on pattern recognition. Most versions show dual probabilities: one for upside breaks and another for…