Author: FX

NVDA heads into the February 25 earnings release capped below a multi-month upper gate, with a sustained break above 191–193 needed to open a move toward 195–200.NVIDIA (NVDA) heads into Wednesday’s February 25 earnings release at a key technical decision zone, with price once again testing the 191–193 resistance band that has capped multiple recovery attempts since late December 2025.The stock remains in a two-way structure that has controlled price action since early October 2025. A late-October move into the upper range failed to hold, triggering a broader rotation that carried price back into the lower structure by late November.…

The CRT Indicator MT5 addresses this challenge by combining channel range analysis with trend-strength measurement, giving traders a clearer picture of when price action warrants attention versus when it’s just noise. This technical tool helps identify potential reversals and continuation setups by measuring how price behaves within defined ranges relative to recent momentum. Let’s examine how it works and whether it deserves space on your charts. What the CRT Indicator Actually Measures The CRT (Channel Range Trend) Indicator calculates the relationship between current price position within a dynamic channel and the strength of the prevailing trend. Think of it as…

Markets wrestled with renewed tariff uncertainty on Monday as President Trump’s weekend announcement of a 15% global tariff under Section 122 authority replaced the Supreme Court-struck reciprocal framework, while Federal Reserve Governor Christopher Waller dampened March rate cut expectations by describing the decision as a “coin flip” following January’s stronger employment data. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: New Zealand Retail Sales Growth for December 31, 2025: 0.9% q/q (1.0% q/q forecast; 1.9% q/q previous); 4.4% y/y (3.6% y/y forecast; 4.5% y/y previous) New…

UBS sees gold climbing to USD 6,200 as geopolitics, Fed cuts and tight supply reinforce the bull case.Summary:UBS lifts conviction on gold, targets USD 6,200/oz in coming monthsGeopolitical risks seen staying elevated amid US–Iran tensionsFed easing cycle expected to continue, pressuring real yieldsGlobal gold demand tops 5,000 tonnes in 2025; central banks buyingSupply constraints emerging as mine depletion looms by 2028UBS has reiterated an Attractive stance on gold, forecasting a rise to USD 6,200 per ounce in the coming months, arguing that the fundamental pillars behind the rally remain firmly in place.On geopolitics, the bank expects uncertainty to remain elevated.…

ING’s Deepali Bhargava highlights that India is a notable beneficiary of the US tariff reset, with the removal of elevated IEEPA surcharges further reducing its effective tariff burden after earlier cuts. This change coincides with ongoing negotiations on an interim India‑US trade deal and may strengthen India’s bargaining position while easing pressure on previously vulnerable sectors.IEEPA removal strengthens India’s position”The removal of elevated IEEPA tariffs delivers a significant reduction in India’s effective tariff burden. President Trump had already lowered the punitive 50% tariff on India to 18%, and the elimination of IEEPA surcharges takes this relief a step further. Earlier…

General business activity: +0.2 (prev. -1.2)Production: 12.5 (prev. 12.2)New orders: 11.1 (unchanged)Capacity utilization: 11.8 (prev. 6.8)Employment: 7.5 (unchanged)Hours worked: 6.1 (prev. 0.7)Finished goods prices paid: 17.9 (unchanged)Raw materials prices paid: 31.7 (prev. 36.7)Wages and benefits: 31.9 (prev. 17.4)Texas factory activity continued to expand in February, with the Dallas Fed’s production index holding largely steady at 12.5, pointing to an above-average pace of output growth. The broader picture from the Texas Manufacturing Outlook Survey was one of stability rather than acceleration, with most indicators suggesting the sector is maintaining its footing without breaking new ground.The capacity utilization index was a bright…

Everyone knows AI is changing the world. Most stock traders and investors are chasing the obvious plays: chip makers and the Big Tech giants. But there’s a part of the AI story that almost nobody is talking about. It involves trucks. Very large trucks. Or specialized trucks. And a problem that billions of dollars can’t easily solve. You Can’t Download a Data Center Every time you use ChatGPT, Claude, Gemini, or Grok, that request travels to a data center, which is a massive warehouse packed floor to ceiling with servers. And to handle the explosion in AI demand, companies like…

ING’s FX team maintains a bearish Dollar baseline for 2026, expecting lower front-end US rates and softer US growth in the second half of the year to support EUR/USD. With Eurozone data seen improving relative to the US and risks concentrated on the US side, the bank projects EUR/USD to grind higher into year-end.Fed cuts and Eurozone resilience support upside”Our baseline view for the dollar is a bearish one for the remainder of 2026. USD hedging should keep up at a good pace thanks to lower front-end rates (we expect two Fed cuts this year), and a slowdown in US…

FUNDAMENTAL OVERVIEWOil prices rallied all the way back to the resistance around the 66.50 level after a report from Axios suggested that a war between the U.S. and Iran appeared increasingly likely. Traders hedged into the weekend risk driving prices higher. There was no escalation over the weekend, on the contrary, we got some positive signals with the Oman’s Foreign Minister confirming a third round of talks between the two parties on Thursday in Geneva. Oil prices eased consequently as the market reopened. The market expectation is still skewed towards some type of military intervention which keeps the geopolitical risk…

ING analysts Warren Patterson and Ewa Manthey note that Oil, specifically ICE Brent, rallied strongly last week on rising geopolitical risks around potential US action in Iran, but is trading softer as further US-Iran talks are scheduled. They highlight renewed US tariff uncertainty and still-elevated speculative positioning in Brent.Brent eases after strong geopolitical rally”The oil market had a strong week last week. ICE Brent settled almost 6% higher over the period as uncertainty over potential US action in Iran builds, with the US continuing to move military assets into the region and US President Donald Trump giving Iran a deadline…