Author: FX
Tech selloff continues to run deeper ahead of European trading !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Asian stock markets face a sharp sell-off on the last trading day of the week, tracking seeking negative cues from United States (US) equity markets. US technology stocks fell sharply on Thursday as stocks of sophisticated chips extended their losses.During the day, Nikkei has fallen like a house of cards, trading over 4% down near 64,100, Shanghai plunges 1.55% to near 3,820, Hang Seng plummets 1.64% at around 24,600. Meanwhile, South Korean markets are closed today due to Constitution Day.Chipmakers face heat on Thursday after Alphabet Inc. delayed the release of its flagship Gemini 3.5 Pro AI model, leading to…
LeMan Channel Indicator MT4By Tim Morris and TeamThe LeMan Channel Indicator MT4 places two violet lines around price to show a changing outer channel. It can help a trader see when price is testing an unusually wide move relative to its recent candles, but it does not provide BUY or SELL arrows, alerts, stop losses, take profits, or automatic trades.We tested the indicator on EURUSD H1 with its default N = 12 setting. Both channel lines loaded correctly and matched the readable MQ4 source. This test did not establish a profitable strategy, the best market or timeframe, or whether the…
EUR/USD has clawed up, but it’s now running into a key resistance zone. Will the bears defend this zone and push the pair back lower? Source link
GBP/USD hit a nine-week high as UK GDP beat forecasts, BOE rate-hike bets grew, and Andy Burnham’s incoming government added political clarity. Here’s why. Source link
GBP/USD faces a key test as supportive long term trends collide with sticky inflation, shifting rate expectations, and stubborn resistance. Source link
The Peak and Valley Indicator MT4 helps reduce that uncertainty by highlighting important turning points that often shape market structure.Poor timing can lead to repeated stop-loss hits, emotional trading, and unnecessary account drawdowns. Many traders react to every candle instead of waiting for confirmed price swings, which often results in chasing the market. This indicator gives traders a clearer view of where significant peaks and valleys have formed, making trend analysis and trade planning much more organized.The sections below explain how the indicator works, where it performs best, and how traders can combine it with price action to improve trading…
Bernstein lifts 2026 gold target to $4,533 on central bank buying, muted Fed hikes !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
A chip-led selloff dragged U.S. stocks lower Thursday as renewed Iran strikes and hawkish Fed comments capped risk appetite. The dollar firmed against every major and closed the day’s top performer. Source link
The GBP/JPY retreats some 0.34% on Thursday after the pair reached a new 18-year high of 219.62 on Wednesday. Nevertheless, at the time of writing, the cross-pair retreated to 218.80, down 0.34%, as the Yen recovers some ground.GBP/JPY Price Forecast: Technical outlookThe GBP/JPY trend is up, even though it fell short of breaking 220.00, which could’ve opened the door for further gains. Momentum, as measured by the Relative Strength Index (RSI), is bullish, and as of writing, the index is dipping ahead of turning overbought. This triggered a leg down in the GBP/JPY pair, though further upside is seen.Ahead of…