Author: FX
Gold shatters $4,000 milestone as investors rush to safety Source link
Gold hit a fresh record at $4049 today and is trading at $4039, up $56 on the day. It blew right through $4000 today in a very impressive move. Yesterday’s shallow dip was bought aggressively in a sign that many are waiting on the sideline and looking to get in.Here is a chart from TD Cowen showing why. It highlights that gold holdings in ETFs aren’t particularly high. People piled in briefly post-covid but that money came out in 2024 and has only started to go back in. That’s a sign that retail isn’t yet loaded up on gold, which…
If you have started learning forex, you have probably realized there are a million ways to do it. You can read books, join online courses like the School of Pipsology, or even hire a mentor to guide you. All of these can help, but here is the thing. What works for others might not always work for you. Every trader has a unique learning style. Some people learn best by reading about theories and price reactions to support and resistance. Others prefer learning through real trades or guided mentoring. The key is to find the learning process that fits you.…
Diego Thomazini/iStock via Getty Images Rocket Lab USA (NASDAQ:RKLB) shot up in early trading after the company announced it has signed another multi-launch deal with Institute for Q-shu Pioneers of Space, Inc. The contract will see Rocket Lab (NASDAQ:RKLB) be the Source link
Talks so far show that there is a desire to get this budget through by year-endWill present findings to president Macron this eveningLecornu is the third prime minister in rotation after France saw the snap elections last year end in a hung parliament. Since then, political instability and uncertainty has been the name of the game. Macron has convinced Lecornu to stay on until Wednesday evening at least to try and force through a budget one final time. But as things stand, we might just be headed for early parliamentary elections instead. This article was written by Justin Low at…
Alaska Energy Metals (OTCQB:AKEMF) will proceed with a non-brokered private placement of up to 11.76M units at $0.085 each to raise up to $1M. Each unit includes one common share and one warrant, exercisable at $0.085 for five years. Proceeds will support exploration activities and general working capital. Source: Press release More on Alaska Energy Metals Corporation Source link
USD/CHF is holding steady above the .8000 psychological handle, putting the pair comfortably over a key resistance zone. What’s up with that? Here’s what we’re seeing on the 4-hour time frame: USD/CHF 4-hour Forex Chart by TradingView The Greenback gained ground on Tuesday, likely helped by traders taking profits from recent losses and by investors seeking safety as political uncertainty in France and Japan weighed on major dollar counterparts like the euro and Japanese yen. The Swiss franc, on the other hand, lagged behind even as risk aversion picked up. Some traders may be favoring yield over safety this time,…
USD/JPY has traded to just over 152.50. The yen has been selling off ever since the weekend election result:investingLive Asia-Pacific FX news wrap: JPY the big loser, Nikkei winner on Takaichi winUSD/JPY is hitting highs not seen since the middle of February. This article was written by Eamonn Sheridan at investinglive.com. Source link
The EES Velocity MT4 Indicator is designed to measure the rate of price change within a given timeframe. Instead of simply showing direction, it focuses on the speed of the movement. This gives traders a clearer picture of when the market is accelerating or losing steam. By tracking momentum, they can avoid false signals and spot genuine trading opportunities more easily. Why Traders Use It Many traders use this tool to confirm trends or time entries more precisely. For example, if the market is moving upward but the velocity starts to slow, it may suggest a weakening trend. On the…
Markets displayed mostly choppy & divergent patterns on Tuesday as the lack of a fresh major catalyst meant traders continued to navigate political upheaval in France, Japan’s leadership transition, and the ongoing U.S. government shutdown. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines & Data: New Zealand NZIER Business Confidence for September 30, 2025: 18.0% (19.0% forecast; 22.0% previous) Australia Westpac Consumer Confidence Change for October 2025: -3.5% to 92.1 (3.2% forecast; -3.1% previous) Japan Household Spending for August 2025: 2.3% y/y (1.2% y/y forecast; 1.4% y/y previous); 0.6% m/m (0.3% m/m…