Author: FX

Trend-trading traders huddle up! USD/JPY just bounced from a key trend support zone. Think the pair will extend its weeks-long uptrend in the next trading sessions? USD/JPY 4-hour Forex Chart by TradingView The U.S. dollar is clawing back some early losses after U.S. President Trump stepped back from additional tariffs on European goods, easing U.S.-EU trade war fears. The Japanese yen is not seeing the same bounce, as traders stay cautious ahead of this week’s Bank of Japan policy update and an upcoming parliamentary snap election. Remember that directional biases and volatility conditions in market price are typically driven by…

Australia’s labor market delivered a robust performance in December 2025, with employment surging stronger than expected at 65.2K versus the 28.3K consensus and the unemployment rate falling more than anticipated from 4.3% to 4.1%. Key Takeaways Employment jumped by 65,200 in seasonally adjusted terms (vs. modest expectations), driven by strong gains in both full-time (+54,800) and part-time (+10,400) positions Unemployment rate declined to 4.1% from 4.3% in November, beating expectations and marking a 0.2 percentage point improvement Participation rate edged higher to 66.7%, suggesting continued labor market engagement despite economic headwinds Underemployment fell sharply to 5.7% from 6.2%, indicating improving…

Goldman lifted its end-2026 gold target to $5,400/oz, from $4,900, arguing private allocations are building and central banks will keep adding to reserves.Summary:Goldman raises Dec 2026 gold forecast to $5,400/ozBank cites stronger private investor diversificationCentral-bank buying seen averaging 60 tonnes in 2026EM reserve diversification viewed as structuralCall implies stronger medium-term demand underpinningGoldman Sachs has raised its December 2026 gold price forecast by $500 to $5,400/oz, arguing that the next leg of the move is being reinforced by a combination of stronger private-sector allocation and ongoing, structurally driven central-bank demand.In its latest update, Goldman said private sector diversification into gold to…

Will U.S. inflation data give Trump more reason to pressure the Fed into cutting rates? Expectations are pointing to a meager 0.1% month-on-month uptick in price pressures, though data distortions from the government shutdown could still cloud the picture. Here’s what to look out for in the latest core PCE price index. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

The NZD/USD pair gains momentum to around 0.5850 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback amid risk-on sentiment as US President Donald Trump touts a Greenland deal. Traders brace for the final reading of US Gross Domestic Product (GDP) for the third quarter (Q3), weekly Initial Jobless Claims and Personal Consumption Expenditures (PCE) Price Index data, which will be released later on Thursday.Trump said on Wednesday that he would refrain from imposing tariffs on goods from European nations opposing his effort to take possession of Greenland. He added that a “framework…

The STC MT4 indicator was designed to solve exactly this problem. Short for Schaff Trend Cycle, this tool combines the trend-following nature of MACD with cycle analysis to produce faster, smoother signals. Unlike indicators that wait for trends to fully develop, the STC aims to catch moves earlier while filtering out the noise that plagues oscillators. For traders tired of entering trends too late or getting stopped out on false breakouts, this indicator deserves a closer look. What the Schaff Trend Cycle Actually Is The STC indicator is a forward-looking oscillator that measures both trend direction and momentum cycles. Created…

Article Highlights EUR/GBP prints a bullish 5-day SMA crossover above the 20-day SMA despite a short-term price pullback. The signal suggests improving momentum, but confirmation depends on holding above 0.8700 and breaking 0.8730–0.8745. Key risk lies at nearby resistance, where failed follow-through could quickly negate the crossover. EUR/GBP is flashing an early trend-change signal, even as today’s candle closed lower. This mix of a bullish moving-average crossover during a short-term pullback often puts traders on alert for whether a fresh upswing can hold. With the pair still sitting inside a well-traded range from recent months, the next few sessions can…

The IEA lifted its oil demand outlook but warned supply growth continues to overwhelm consumption, keeping surplus risks firmly in place. Summary:IEA raises 2026 oil demand growth forecast to 930k bpdSupply growth still far exceeds demand at 2.5mbpdDecember output fell, but surplus remains intactRefinery maintenance risks renewed oversupply in 1QInventories remain elevated, including oil held at seaThe International Energy Agency has raised its forecast for global oil demand growth this year, citing a firmer economic outlook and lower crude prices, but cautioned that supply is still expected to exceed consumption, leaving the market structurally oversupplied.In its latest monthly report, the…

Australia will release the December monthly employment report on Thursday at 0:30 GMT, with market participants anticipating a modest recovery in labor market conditions. The Australian Bureau of Statistics (ABS) is expected to announce that the country added 30,000 new jobs in the month, while the Unemployment Rate is forecast at 4.4%, up from the 4.3% posted in November. The Participation Rate is seen at 66.8%, pretty much unchanged from the previous 66.7%.The ABS reports both full-time and part-time positions through the monthly Employment Change. Generally speaking, full-time jobs entail working 38 hours or more per week, usually include additional…

Kameleon007/iStock via Getty ImagesF/m Investments on Wednesday filed with the U.S. Securities and Exchange Commission to allow ownership of shares of its U.S. Treasury three-month bill exchange-traded fund (TBIL) on a permissioned blockchain ledger. If the exemptive application gets approved, the requested relief would Source link