Author: FX
US Coast Guard suspends search for survivors after strike on suspected drug vessels Source link
Article Highlights A bullish MACD crossover in USD/JPY suggests buyers may be attempting to reassert control after a recent consolidation near highs. Price is pausing just below key resistance around 157.70, making follow-through and support behavior critical for confirmation. The signal carries whipsaw risk, as momentum shifts near resistance can fail without broader trend and fundamental alignment. The latest MACD crossover in USD/JPY hints at a possible shift in bullish momentum, even as price action has paused near recent highs. Traders watching this pair may see this as an early sign that buyers are attempting to reassert control. Is this…
The X-Pair MT4 Indicator is designed to address this challenge. By providing clear visual signals for potential trade setups, it simplifies decision-making and helps traders act confidently. In this article, we’ll explore how this indicator works, why it’s useful, and how it can improve trading results. How the X-Pair MT4 Indicator Works The X-Pair MT4 Indicator analyzes price action and market trends to generate precise buy and sell signals. It uses a combination of moving averages and custom algorithms to identify trend direction and potential reversals. Traders can quickly see whether a currency pair is showing bullish or bearish momentum,…
US equities opened 2026 on a cautious note, with the S&P 500 and Nasdaq essentially flat as strength in semiconductors offset weakness elsewhere in technology. The Dow Jones found some footing on Friday after an early plunge through the overnight session, holding steady near where the first trading day of 2026 started.Looking ahead, Wall Street strategists remain broadly bullish on US equities through 2026. The latest CNBC strategist survey points to an average S&P 500 target of 7,629, implying double-digit upside for the year. Some strategists expect market leadership to broaden beyond mega-cap technology, with rotation into regional banks and…
Financial markets extend the holiday mood on the first trading day of the new year. Markets continue playing the waiting game for a data-driven next week.The US Dollar Index (DXY) is trading near the 98.40 price region on Friday, trimming a big chunk of its New Year losses. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Canadian Dollar. USDEURGBPJPYCADAUDNZDCHFUSD-0.02%-0.19%-0.16%0.03%-0.18%-0.28%-0.36%EUR0.02%-0.21%-0.04%0.15%-0.11%-0.15%-0.24%GBP0.19%0.21%0.15%0.32%0.09%0.05%-0.03%JPY0.16%0.04%-0.15%0.09%-0.15%-0.17%-0.19%CAD-0.03%-0.15%-0.32%-0.09%-0.25%-0.27%-0.39%AUD0.18%0.11%-0.09%0.15%0.25%-0.04%-0.12%NZD0.28%0.15%-0.05%0.17%0.27%0.04%-0.08%CHF0.36%0.24%0.03%0.19%0.39%0.12%0.08% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while…
Interactive Brokers Group (IBKR) announced on Friday a 4% year-over-year increase and a 21% sequential drop in December daily average revenue trades to 3.384M. Shares were +3.98% to $66.87 during afternoon trading. Ending client equity was 37% higher than the prior Source link
The Canadian Dollar (CAD) hit a bit of a soft patch on Friday, kicking off the first trading day of 2026 on the back foot. The Loonie is one of the worst performers for the day, shedding weight against all but one of its major currency peers. Despite a steady note of overall weakness to open up the new trading year, the Canadian Dollar is still within near-term ranges as overall market momentum remains tepid coming out of the holiday window.Canadian S&P Global Manufacturing Purchasing Managers Index (PMI) figures showed more of the same in December, with overall activity and…
The US jobs report will be the main economic release next week, with other US data including the ISM indices and consumer sentiment. Elsewhere, the focus will be on inflation in Europe and China, whilst wage data is due in Japan, Deutsche Bank’s economists report. Europe and China inflation in focus”In the US, the key event will be the December jobs report due Friday. Our US economists expect nonfarm payrolls to rise by +50k (+64k in November), with the unemployment rate falling slightly to 4.5% (4.6%), and the hourly earnings growth rising to +0.3% MoM (+0.1%). The ADP and JOLTS…
GBP/USD dips below 1.3450 following final UK manufacturing PMI dataThe Pound has been rejected at 1.3475 on the early London trading session on Friday, and retreated to session lows at the 1.3450 area at the time of writing. The pair has turned negative on the daily chart following the downward revision of the UK’s December $&P Global Manufacturing PMI, but remains within the weekly range, above 1.3400. Read More…GBP/USD Price Forecast: Holds above nine-day EMA near 1.3450GBP/USD edges higher on the first day of the year, trading around 1.3470 during the Asian hours on Friday. The technical analysis of the daily…
Sector OverviewThe stock market witnessed a notable rally today, with the semiconductor sector leading the charge. Key players like Nvidia (NVDA) and Advanced Micro Devices (AMD) surged by 2.02% and 3.63% respectively, reflecting robust investor confidence in tech hardware advancements.🚀 Technology: Broad gains were observed with companies like Oracle (ORCL) and Palantir (PLTR) climbing up by 1.44% and 1.12%.📈 Consumer Cyclical: The sector stayed bullish with leaders such as Amazon (AMZN) and Tesla (TSLA) rising by 0.84% and 1.80% respectively.🏦 Financial: It was a mixed day in financials, with JPMorgan Chase (JPM) posting a modest gain of 0.14%, whereas Visa…