Author: FX
Silver price (XAG/USD) trades in a tight range around $75.00 during the European trading session on Friday. The white metal consolidates as investors await the United States (US) Consumer Price Index (CPI) data for March and the outcome of negotiations between the United States (US) and Iran on a permanent ceasefire in the Middle East, which are scheduled in Pakistan over the weekend.According to estimates, the US headline CPI grew strongly by 3.3% Year-on-Year (YoY) against the previous reading of 2.4%. The core CPI – which strips off volatile food and energy items – rose at a faster pace of…
Greggory DiSalvo/iStock Editorial via Getty ImagesGermany’s Deutsche Lufthansa (DLKAF) is facing major travel disruption after a cabin crew strike called by the UFO union, with more than 500 flights expected to be canceled. The one-day strike, scheduled for April 10, runs from 00:01 to 22:00 CET, primarily affecting Source link
The Sniper Entry Indicator is a technical analysis tool built for the MetaTrader 4 platform that generates buy and sell signals based on price momentum and trend direction. Unlike basic moving average crossovers, this indicator combines multiple data points to filter out weak signals and focus on entries that have a higher statistical chance of success. When conditions align, the indicator plots arrows directly on the chart—typically a blue arrow for long entries and a red arrow for short entries. These arrows appear at specific candles where the indicator’s algorithm detects favorable conditions. Traders don’t need to calculate anything manually…
With the two-week US-Iran ceasefire under strain, crude oil sits at a technical crossroads as traders are holding out for further developments to gauge if a brief dip or a longer-term pullback is due. Source link
Australia seeks fuel security in Singapore as Hormuz disruption hits supplyJapan wholesale inflation jumps as BOJ flags stagflation risk from oil shockJapan to release more oil reserves, shift supply away from Hormuz routesChina inflation turns but signals “bad inflation” as energy costs rise and demand lagsBoJ flags stagflation risk if Middle East shock deepens, but says Japan not there yet.Japan finmin Katayama: govt ready to take decisive action but won’t elaborateChina March 2026 CPI 1.0% y/y (expected 1.2%) PPI 0.5% y/y (expected 0.4%)PBOC sets USD/ CNY reference rate for today at 6.8654 (vs. estimate at 6.8313)Bank of Korea holds policy…
EUR/USD recently fell through an ascending trend line on its daily time frame, but its potential reversal is still waiting to gain traction. Source link
The USD/JPY pair gathers strength to around 159.15 during the Asian trading hours on Friday. Ongoing concerns regarding the Strait of Hormuz and the Middle East continue to lift the US Dollar (USD) against the Japanese Yen (JPY). Traders will keep an eye on the US March Consumer Price Index (CPI) inflation report, which is due later on Friday. US President Donald Trump said late Tuesday that he had agreed “to suspend the bombing and attack of Iran for a period of two weeks” on the condition that Iran re-opens the Strait of Hormuz. Earlier Friday, Trump accused Iran of doing a “very…
The latest U.S. core PCE report revealed elevated inflationary pressures even before the US-Iran war sparked a surge in energy costs. But why did the dollar react the way it did? Source link
The 123 pattern isn’t some secret formula it’s a basic price structure that shows up repeatedly across all markets. Point 1 marks the extreme of the current move, whether that’s a swing high in an uptrend or a swing low in a downtrend. Point 2 forms when price pulls back from that extreme. Point 3 happens when price tries to resume the original direction but fails to make a new extreme. That failure at point 3 is where things get interesting. When price breaks back below point 2 in a downtrend (or above point 2 in an uptrend), the pattern…
Suspiciously timed trades and prediction market gains during the Iran conflict have sparked ethics concerns, prompting a White House warning and calls for tighter regulation.The Wall Street Journal (gated) carries the report. Summary:White House warned staff against betting on markets amid Iran war developments Warning followed suspiciously timed surge in oil futures trading before policy shift Prediction markets also saw large profits from well-timed ceasefire bets No evidence of insider trading, but optics and ethics concerns are rising Critics argue markets risk turning war into a “casino” for privileged information Lawmakers push for tighter regulation or outright bans on war-related…