Author: FX

Two focal points today, Bank of Japan Governor Ueda speaking and another PMI from China. The December (18-19) Bank of Japan meeting is very much ‘live’, a rate hike potential is there:Bank of Japan Governor Ueda is speaking today in Japan. Its billed as speaking with business leaders. There will be Q&A following. Stay tuned!-Also, we get a PMI from China. The private survey manufacturing PMI from Rating Dog. Definitely the best named PMI out there! The RatingDog China General Manufacturing PMI, compiled by S&P Global Over the weekend we had the official PMIs from China. Disappointing:- I’ve posted on…

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The High Low Lines MT4 Indicator is a simple yet powerful tool that automatically plots the highest and lowest prices for a chosen timeframe. These lines act as visual cues for support and resistance, helping traders see where the market has reacted in the past. Instead of manually drawing lines—which can be time-consuming and inaccurate—this indicator does it automatically, updating as new price data appears. It works on all timeframes, making it useful for scalpers, day traders, swing traders, and even long-term investors who want to see clear market boundaries. Why High and Low Lines Matter in Trading Highs and…

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Sun: Opec-8 MeetingMon: South Korean Prelim Trade Balance (Nov), Chinese RatingDog Manufacturing PMI Final (Nov), EZ/UK/US Manufacturing PMI Final (Nov), US ISM Manufacturing PMI (Nov), South Korean CPI (Nov)Tue: EZ Flash CPI (Nov), South Korean GDP Revised (Q3)Wed: Australian Real GDP (Q3), Chinese RatingDog Services/Composite PMI Final (Nov), EZ/UK/US Services/Composite PMI Final (Nov), Swiss CPI (Nov), US ISM Services PMI (Nov)Thu: Swedish CPIF (Nov), EZ Retail Sales (Oct), US Challenger Layoffs (Nov)Fri: RBI Announcement, German Industrial Orders (Oct), EZ Employment Final (Q3), EZ GDP Revised (Q3), Canadian Jobs Report (Nov), US PCE (Sep), US University of Michigan Prelim (Dec)Potential Fed…

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