Author: FX
Gold (XAU/USD) maintains its bid tone through the first half of the European session on Tuesday and currently trades around the $4,530 area, just below the overnight swing high. A partial ceasefire between Hezbollah and Israel eases fears of a broader regional conflict, undermining the safe-haven US Dollar (USD) and providing a goodish lift to the bullion. However, the uncertainty around US-Iran peace talks, along with inflation fears and prospects for interest rate hikes, should limit deeper USD losses and cap the yellow metal.US President Donald Trump announced on social media on Monday that Israel has agreed to pull back…
The Price Action Arrow Indicator MT4 is a technical analysis tool designed to mark potential buy and sell signals directly on a price chart. It places up arrows for bullish signals and down arrows for bearish signals, helping traders spot possible trade entries without scanning every candle manually. Unlike oscillators such as the MetaTrader 4 built-in RSI or MACD, this indicator focuses primarily on price behavior itself. It analyzes recent candlestick patterns, short-term momentum shifts, and local support or resistance levels. Most versions of the indicator rely on conditions such as: A strong bullish candle breaking above previous highs A…
BW LPG GAAP EPS of $1.08 Source link
Stronger than expected ISM services PMI backed by an uptick in employment and inflation could bolster hawkish Fed expectations, but the dollar’s reaction could depend on risk sentiment. Our Event Guide for the ISM Services PMI points out that an upside surprise could spark enough risk-on flows that lift commodity currencies against the safe-haven dollar. Here’s what I’m seeing on USD/JPY and AUD/USD. Source link
Key takeaways for traders and investors following oil todayCrude oil futures repaired strongly from the 86.35-87.00 lower zone, but buyers failed to sustain control near the 94.20-94.78 upper shelf.The current oil analysis leans mildly bearish, with a Prediction Score of -3 / +10.The key lower-value area to watch is 91.37-91.78. A sustained break below it would strengthen the bearish case.Bulls need to reclaim 92.10-92.47 to stabilize the short-term structure.A stronger bullish repair would require acceptance back above 94.20, followed by a clean hold above 94.64-94.78.Crude oil futures analysis summaryCrude oil futures are no longer showing clean bullish continuation after the…
The White House announced on Monday that United States (US) President Donald Trump has signed a proclamation amending tariffs on some copper, aluminum and iron imports.AmendmentsThe proclamation lowers tariffs on some agricultural equipment from 25% to 15%.It makes mobile industrial equipment, such as bulldozers and forklifts, subject to a 15% tariff when imported from trade deal countries that are entitled to such treatment.The order also allows foreign companies to qualify for a 10% tariff if “their capital equipment includes at least 85% U.S. melted and poured or smelted and cast steel or aluminum by weight.”The changes will last until December…
EUR/NZD is fast approaching a key inflection point after a sharp downswing! Think the bears are just waiting for an opportunity to pounce? Source link
Is the Greenback due for a breather after its recent run? Our Event Guide for the U.S. May ISM Services PMI Report notes that the survey will likely extend its cooling trend, though markets may care more about the employment and prices paid components than the headline figure. If the release turns bearish for the U.S. dollar, then USD/CHF and NZD/USD are the setups we’re watching more closely. Source link
Stagflation fears continue to haunt the markets, after the U.S. GDP slowed to 1.6% and core PCE inflation held at 3.3%. On top of that, the U.S. ISM Manufacturing PMI clocked in at 54.0, its highest reading since May 2022, as the prices component remained elevated. Learn what stagflation means, why it’s so hard to fix, and what to watch next. What Actually Is Stagflation? Most economic problems run in one direction. Either the economy overheats, where growth is strong, inflation is rising, or it cools off and growth slows while prices ease. Central banks know exactly what to do…
Blackstone raises $13.1 billion for its largest Asia private equity fund Source link