Author: FX

The Elliott Wave Indicator for MT4 attempts to solve this by automatically identifying wave patterns on charts. Instead of manually counting waves and debating whether the price is in wave 3 or wave 5, the indicator labels them directly. It gives traders a framework for understanding market psychology through price structure, helping them align positions with the prevailing cycle rather than fighting it. What Elliott Wave Analysis Actually Measures Elliott Wave Theory, developed by Ralph Nelson Elliott in the 1930s, proposes that markets move in repetitive cycles driven by crowd psychology. These cycles consist of five waves in the trending…

Thousands demonstrate in Minnesota and across US to protest ICE Source link

Unlike standard technical tools, this indicator is engineered for synthetic indices’ unique behavior. Boom indices generate random spikes in the upward direction, while Crash indices produce sharp downward movements. The indicator doesn’t try to predict exact spike timing—that’s impossible with algorithmic randomness—but it identifies probability zones where market structure favors entries. The tool analyzes tick data patterns rather than conventional price action. Since Boom and Crash markets operate on tick-based movements with predetermined spike frequencies (Boom 500 averages one spike per 500 ticks, Boom 1000 per 1000 ticks), the indicator tracks tick accumulation and volatility compression. When these elements align,…

EUR/USD drops during the North American session, down by 0.75% amid a session characterized by overall US Dollar strength, sponsored by Trump’s mild-hawkish pick to lead the Federal Reserve and an inflation report that warrants steady rates by the Federal Reserve. At the time of writing, the pair traded at 1.1882 down from daily highs of 1.1974.Euro sinks below 1.19 as hawkish Fed leadership signals and sticky inflation crush rate-cut hopesKevin Warsh is Trump’s election to be the next Fed Chairman of the Federal Reserve, confirming rumors that leaked late on Thursday. The financial markets sent precious metals tumbling, while…

Trump taps ex-Fed insider Warsh to lead world’s top central bank Source link

The final week of January 2026 delivered some of the most dramatic forex market action in recent memory, as currency traders navigated a perfect storm of policy uncertainty, precious metals carnage, and whiplash-inducing dollar volatility. What started as speculation about coordinated yen intervention evolved into a full-blown currency policy debate after President Trump’s eyebrow-raising comments about dollar weakness, only to reverse course spectacularly when his Fed Chair nomination triggered a massive unwind of the “debasement trade” that had punished the greenback earlier in the week. The five-day stretch showcased just how quickly sentiment can shift in modern currency markets.…

Markets:Gold down $530 to $4860Silver down $33 to $82.70WTI crude oil up 47-cents to $65.90S&P 500 down 0.4%Nasdaq down 0.9%US 10-year yields up 1.8 bps to 4.24%USD leads, AUD lagsIt was a day for the ages in the precious metals market as gold fell 10% and silver fell 30% in its worst-ever percentage drop. It’s been a parabolic run higher — particularly in silver — and the air came out of it today in a crushing decline. The selling started in Asia but silver was still at $104 early in US trade; it eventually fell as low as $77.80. Similarly,…

The United States (US) Federal Reserve (Fed) had a busy week. On Monday, the Fed asked local New York banks about their positions in USD/JPY, fueling speculation that the US may be preparing to work with Japan on the Japanes Yen’s (JPY) weakness. The news triggered a sharp US Dollar (USD) sell-off at the beginning of the week.Mid-week, the Fed had its monetary policy meeting. The central bank held its target range for the federal funds rate unchanged at 3.50%-3.75%, as expected. Chairman Jerome Powell’s press conference was focused on politics, Powell’s future, and the subpoena, topics he declined to…

The Canadian dollar is down against the US dollar but it’s actually outperforming every currency aside from the dollar. That’s a better read on how the loonie has reacted to the latest Trump tariff threats than USD/CAD alone, which is up 105 pips to 1.3594.Even with that pair, if you zoom out over a couple weeks, today’s climb is modest.USDCAD 1 hourTo recap, Trump threw a fit about Canadian certifications of some Gufstream jets and said he was decertifying Bombardier jets. The thing is, Bombardier jets are flown all over the United States and immediately grounding them would be disastrous…

Unconfirmed reports suggest that China may inject RMB 200 billion into large insurers to bolster their capital buffers, alongside an additional RMB 300 billion into major banks. This move aims to support the banking sector amid downward pressure on net interest margins. The PBoC’s USD/CNY fixing has remained below the 7.0000 level, aided by a weaker Dollar, note Lin Li, Asian Head of Global Markets Research and Khang Sek Lee, Research Associate at MUFG Bank.Government support for banking sector”If true, it is considered timely as the China Banking and Insurance News reported in November that more than two-thirds of the…