Author: FX

The Doda Bollinger Bands MT4 Indicator is an upgraded version of the traditional Bollinger Bands tool. It uses dynamic upper and lower bands that expand and contract based on market volatility. This makes it perfect for identifying potential reversals or breakout points. Traders can easily visualize when the market is stretched too far in one direction, signaling possible correction zones. Unlike the standard version, this indicator provides a clearer view of price action behavior by reducing noise and highlighting more precise trade setups. How It Enhances Trading Performance This indicator gives traders a deeper understanding of market momentum. When the…

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The latest U.S. CPI report showed inflation still running 100 basis points above the Fed’s 2% target, with both headline and core readings at 3.0%. Yet, since that was slightly below the 3.1% consensus, traders viewed it as a modest relief. The data helped reinforce expectations that the Fed will cut rates by 25 basis points at next Wednesday’s meeting.Meanwhile, stocks extended their rally, with earnings over the first two weeks of the season coming in largely better than expected. Next week marks the pinnacle of earnings season, with heavyweights Apple, Amazon, Alphabet, Meta, Microsoft, Boeing, Chipotle, ServiceNow, ExxonMobil, and…

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The major US stock indices closed at new record levels. Lower-than-expected CPI, the expectation for Fed cut next week, and FOMO (fear of missing out), sent prices higher. Intel did report better than expected earnings after the close yesterday, helping to send chip stocks higher. AMD was also boosted after IBM, said it is able to run a key quantum computing error correction algorithm on commonly available chips from AMD.At the close the snapshot of levels showed:Dow Industrial average up 472.51 points or 1.01% at 47207.12S&P rose 53.25 points or 0.79% at 6791.69Nasdaq rose 263.07 points or 1.15% at 23204.87.Next…

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The major stock indices are extending to new session rise as the day works toward a close. The NASDAQ index is up 317 points or 1.3%. The S&P index is now up 1% on the day.Both the S&P and NASDAQ are on pace to close at record levels as is the Dow industrial average which is currently up 550 points or 1.18%.Next week, a slew of companies will highlight the earnings season. Meta, Microsoft, Alphabet will announce earnings after close on Wednesday. Apple and Amazon will announce earnings on Thursday. Nvidia does not announce until November 19. Source link

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