Author: FX

S&P 500 ran on Hormuz open, Iran giving up enriched uranium and similar fancy headlines that though got dialed back after the closing bell. Bullish talk as a prelude to weekend jawboning? Source link

Read More

United States (US) President Donald Trump just confirmed on Truth Social that US representatives are going to Islamabad, where negotiations with Iran will take place on Monday. However, he also ranted on Tehran’s decision to re-close the Strait of Hormuz, and once again, threatened to destroy all Iranian power plants and bridges.Iran decided to fire bullets yesterday in the Strait of Hormuz — A Total Violation of our Ceasefire Agreement! Many of them were aimed at a French Ship, and a Freighter from the United Kingdom. That wasn’t nice, was it? My Representatives are going to Islamabad, Pakistan — They…

Read More

The Fibo Musang indicator is a Fibonacci-based technical analysis tool designed for MetaTrader 4. It automatically calculates and plots key Fibonacci levels — 23.6%, 38.2%, 50%, 61.8%, and 78.6% — based on recent price swings. The word “Musang” references the civets found across Southeast Asia, and the indicator shares a bit of that reputation for being quick and sharp. What sets it apart from drawing Fibonacci levels by hand is the automation. Instead of manually selecting a high and low point every time conditions shift, the indicator reads the price data and recalculates on its own. This is especially handy…

Read More

The Highway Channel is a trend-following and range-identification tool. It plots two lines — an upper band and a lower band — around a moving average or price-based calculation. The space between them is the “channel.” When price stays inside, the market is consolidating. When it breaks cleanly above or below, that’s usually worth paying attention to. The name comes from the way the bands look on a chart: two parallel lines with price running between them, like a road. It’s not a new concept — Keltner Channels and Donchian Channels work on similar principles. But the Highway Channel version…

Read More

Iran has come out with a statement that the US has failed to live up to their end of the bargain. And as such, the Iranian military has moved to “close” the Strait of Hormuz once again.Iran is claiming that the US “did not fulfill their obligations” as the naval blockade is still ongoing. In response, Iran now says that the strait is returning to “strict control” and any vessels wishing to transit will require Iran’s approval once again. In effect, that is a return to the previous status quo where the strait was in de facto closure. The statement…

Read More