Author: FX
The Pull Back Indicator is designed to identify retracement opportunities within established trends. Unlike oscillators that simply show overbought or oversold conditions, this indicator focuses specifically on price pullbacks those temporary moves against the prevailing trend that often provide optimal entry points. Here’s the thing: most traders understand pullback trading conceptually but struggle with execution. They enter too early during initial weakness or too late after momentum resumes. This indicator attempts to solve that timing problem by analyzing price structure and momentum together, typically using a combination of moving averages and swing analysis to detect when a retracement is exhausting.…
GBP/JPY may be flashing an early reversal signal after its recent slide. The pair has bounced back above 209.00, and the Stochastic oscillator has triggered a bullish crossover from deeply oversold levels, often a sign that downside momentum is beginning to fade. While this doesn’t guarantee a trend shift, it does put the currency cross back on watch as traders assess whether buyers can build enough follow-through to challenge nearby resistance. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as the basis for a…
Commerzbank’s Lay and Lim discuss speculation that the PBoC may pivot toward using the overnight repo rate as its main policy tool, further aligning with the Federal Reserve’s framework. They note strong January credit growth driven by seasonal factors and front‑loaded government bond issuance.Policy pivot talk as Yuan firms”Speculation is mounting that the People’s Bank of China (PBOC) may pivot toward the overnight repurchase rate as its primary policy tool. This will further align its framework with the US Federal Reserve. This sentiment intensified after the PBOC’s latest monthly report prioritized money market developments over bond market analysis and introduced…
BHP Group’s first-half profit jumps 22%, topping estimates Source link
I’ve got four charts crossing the desk today that paint a complicated picture for the Fed and the USD. We have a specific sector falling off a cliff, broader resilience, a sentiment reset, and the one thing Jay Powell doesn’t want to see: inflation ticking back up.1. The Tech Sector is falling off a cliffGS chartFirst up, take a look at Tech-Related Information Employment.For the last two years, we’ve heard about “efficiency” and “AI integration,” but the headcount held up reasonably well through 2024 and most of 2025. We are seeing a massive purging of payrolls in data processing and…
BNY forecasts that Philippines’s central bank Bangko Sentral ng Pilipinas (BSP) will cut rates by 25 bps to 4.25% (Feb 19), continuing its easing cycle as growth risks dominate. The bank sees inflation as manageable within the medium-term target, with risks skewed toward at least one more cut in Q2 2026. PHP’s cyclical balance-of-payments profile heightens its need for rate support.Further BSP cuts and PHP risks”We expect the BSP to continue its easing cycle with a further 25bp rate cut to 4.25%.””In our view, downside risks to economic growth outweigh near-term upside risks to inflation.””Given lingering domestic political uncertainties and…
The January NFP report delivered a significant upside surprise with 130,000 jobs added versus 40,000 expected, yet the dollar’s initial surge proved short-lived as massive benchmark revisions and hawkish Fed commentary created conflicting signals for traders navigating pre-CPI positioning. Which USD strategies moved beyond the watchlist stage, and how did the better-than-expected headline translate to price action amid sobering labor market revisions and shifting risk sentiment? Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high-quality discretionary trade idea before working on a risk & trade management plan. If…
It’s a holiday in the US today and markets are closed but it’s also a holiday in China as lunar new year celebrations back up.The most-watched TV show in China annually is the CCTV Spring Festival gala and in the past few years, it’s turned into a demostration of the cutting edge of humanoid robotics. This year’s edition is live right now and what I’ve seen so far is impressive. It’s another leap forward from last year’s edition, which went viral at the time. The martial arts showcased robots operating at at least an elite human level with swords and…
Elon Musk did something unprecedented in Memphis, Tennessee, last year. He built one of the world’s most powerful AI supercomputers (100,000 cutting-edge GPUs) in a matter of months. But here’s the twist: he didn’t wait for the local utility to connect it to the power grid. Instead, he parked a fleet of mobile generators on-site and fired them up immediately. This wasn’t a backup plan. This was the plan. And it’s becoming the new normal across the entire AI industry. Why Speed Became More Valuable Than Efficiency Here’s a number that explains why Musk, and every other tech giant racing…
MUFG’s Senior Currency Analyst Lee Hardman notes that the Reserve Bank of New Zealand is widely expected to keep the Official Cash Rate unchanged at its first 2026 meeting (Feb 18), after signalling November’s cut was the last of the cycle. However, markets have started to price a possible rate hike by Q3, making any hawkish change in guidance a key focus for NZD traders.Policy on hold but hike risk priced”The RBNZ will hold its first policy meeting of 2026 this week. The central bank is widely expected to leave the OCR on hold, having delivered what was signalled to…