Author: FX

Central banks:US-China headlines:Market headlines:Market moves:AUD leads, CHF lags on the dayEuropean equities mixed; S&P 500 futures up 0.3%US 10-year yields up 1 bps to 3.993%Gold up 1.7% to $4,018.15WTI crude oil up 0.4% to $60.40Bitcoin up 0.3% to $113,199Markets continue to gear towards the major events this week, with the first one up later today in the form of the FOMC meeting. Just before that though, there will be the Bank of Canada announcing their own policy decision with a 25 bps rate cut expected. As for the Fed, they are also expected to do the same in cutting rates…

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Gold may have come under pressure early this week but HSBC sees that as just being a brief setback for the precious metal. The firm sees the rally in gold carrying over to the new year, with prices set to peak in the first half of 2026.The key factors that HSBC are pointing to in driving the rally are safe haven flows, rising fiscal deficits, and renewed threats to the Fed’s independence as well as the US’ fiscal stability in general. Adding to that, the firm argues that strong inflows from ETFs and real money accounts will also continue to…

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EUR/JPY is having trouble making new lows below a mid-channel support zone. Think the pair has hit bottom this week? Check out what’s cookin’ on the 4-hour time frame! EUR/JPY 4-hour Forex Chart by TradingView The euro slipped a bit against the yen earlier this week, even after some upbeat mid-tier data out of the Euro Area. The move likely had more to do with yen strength than euro weakness. Traders turned less cautious after Trump and Takaichi’s meeting eased U.S.-Japan trade tensions, while Japanese officials’ comments on studying the impact of yen weakness revived talk of possible intervention. Remember…

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ECB members have been expressing neutral to hawkish views lately. Will we hear more of these optimistic remarks in the October ECB decision? Here’s what to look out for when trading this top-tier event. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

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The MTF (Multi-Time Frame) Resistance and Support MT4 Indicator is a powerful trading tool that visualizes crucial price zones from higher timeframes such as H1, H4, and D1 on your current chart. These zones represent areas where the price has historically reacted—either bouncing upward or reversing downward. By combining these key levels from multiple timeframes, the indicator gives traders a broader market perspective, making it easier to anticipate potential turning points. Why It Matters in Trading Support and resistance are the backbone of technical analysis. However, most traders limit themselves to one timeframe, missing the bigger picture. This indicator bridges…

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