Author: FX

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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Q3 and September month inflation data for Australia – it’s the quarterly data that is of most focusAustralia Q3 CPI data:Trimmed mean CPI +1% q/q (expected +0.8%, prior +0.6%)CPI (all groups) +1.3% q/q (expected +1.1%, prior 0.7%) Weighted median CPI +1% q/q (expected +0.9%, prior 0.6%)Trimmed mean CPI +3% yr/yr (expected +2.7%, prior 2.8%)Q3 CPI (all groups) +3.2% yr/yr (expected +3.0%, prior 2.1%)Weighted median CPI +2.8% yr/yr (expected +2.7%, prior 2.7%)Read the note below, this is critical data.—The Reserve Bank of Australia next meet on November 3 and 4. The jobs data a couple of weeks agoi ramped up pricing…

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Markets displayed mixed behaviors on Tuesday, with equities climbing to fresh record highs while bitcoin, gold, and oil prices fell despite broad U.S. dollar weakness. Technology megacaps continued their advance as investors looked forward to major earnings reports and assessed the implications of Microsoft’s expanded OpenAI partnership, while geopolitical tensions in the Middle East and questions about fiscal policy in multiple regions provided an undercurrent of caution. Check out the forex news and economic updates you may have missed in the latest trading session! Headlines & Data: U.S. President Trump praised Japan’s new Prime Minister Takaichi during his visit, pledged…

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The huge week of earnings really kicks off tomorrow in what will be a blockbuster day that also includes the FOMC decision. Today, there are a few names that could highlight macroeconomic trends.The main one is payments giant Visa.Estimates are for $10.618 billion in revenue and $3.08 per share in earnings. Shares trade at 27x next year’s projected earnings but that drops to 18x on 2029 estimates. Looking at the long term, you can see the company growing earnings from $2.84 in 2016 to more than that per quarter. There is some consolidation on the chart after a big run…

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Wondering what’s up with the risk rallies early this week? Equity indices soared to all-time highs on Monday while safe-haven gold tumbled and the lower-yielding dollar weakened. Welcome to what happens when the world’s two largest economies step back from the brink of a full-blown trade war. Read on to find out what happened between the U.S. and China over the weekend, why it matters, and how markets tend to respond when geopolitical tensions ease. The Basics: What Happened in Malaysia Unless you’ve been living under a rock, you probably know that the U.S. and China have been locked in…

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Prior monthCurrent conditionsFifth District Manufacturing Index: -4 vs -17 → HigherShipments: 4 vs -20 → HigherVolume of New Orders: -6 vs -15 → HigherBacklog of Orders: -16 vs -21 → HigherCapacity Utilization: -10 vs -18 → HigherVendor Lead Time: 6 vs 10 → LowerLocal Business Conditions: -1 vs -12 → HigherCapital Expenditures: -10 vs 11 → LowerFinished Goods Inventories: 15 vs 11 → HigherRaw Materials Inventories: 17 vs 17 → UnchangedEquipment & Software Spending: -10 vs -11 → HigherServices Expenditures: -24 vs -17 → LowerEmploymentNumber of Employees: -10 vs -15 → HigherWages: 15 vs 13 → HigherAvailability of Skills Needed:…

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