Author: FX
CHF/JPY continues to move sideways on its daily time frame, and this short-term reversal pattern suggests another bounce off support could take place. Check out these inflection points! Source link
China Q2 GDP 0.9% q/q (expected 0.9%) and 4.3% y/y (expected 4.5%) !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The MT4 Fibonacci Extension Indicator helps solve that problem by giving traders logical price objectives based on previous market swings rather than guesswork.Poor exit decisions often lead to inconsistent results. A trader may correctly identify the trend, enter at the right time, and still lose potential profits because there was no clear exit strategy. That can create emotional trading, unnecessary stress, and even larger account drawdowns over time.The MT4 Fibonacci Extension Indicator offers a structured way to project future price levels after a pullback. It doesn’t predict the future, but it helps traders estimate where price may slow down, reverse,…
The EUR/USD pair gains ground to near 1.1425 during the early Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) as softer-than-expected US inflation data temporarily eased pressure on the Federal Reserve (Fed). Traders will take more cues from the US Producer Price Index (PPI) report, which is due on Wednesday. US inflation, as measured by the US Consumer Price Index (CPI), declined to 3.5% YoY in June, down from the three-year high of 4.2% set in May, according to the US Bureau of Labor Statistics (BLS) on Tuesday. This figure came in softer than the…
Sky_BlueThe Shell-led (SHEL) LNG Canada venture said Tuesday it reached a deal for five First Nations to have an equity option to invest as much as C$1B (~US$710M) to acquire infrastructure in Canada’s biggest liquefied natural gas project as a major Source link
Japan manufacturers stay upbeat on chip demand, services hit by costs Source link
A soft June CPI print knocked the dollar to the bottom of the majors as traders unwound July rate-hike bets, while oil, stocks, gold, and Bitcoin all climbed. Source link
It was an upbeat day in the stock market as equities got a lift from three main events:US CPI lower than expected at 3.5% y/y vs 3.8% expectedEarnings from financials were strongTrump TACO’d on 20% tolls in HormuzInternally, the chip battle continued and not all the financials made gains. Some of the movers:NVDA +4.1%GOOGL +2.1%MSFT -1.4%MU +5.0%GS +9.3%WFC -2.3%C -5.0%JPM +2.5%LLY -2.2%INTC +4.3%In the S&P 500, there were 179 stocks up and 298 down. Tehre are no important earnings after the bell but before the open tomorrow we get ASML, which is a big one for the chip names. We…
Gold price surges by some 1.50% on Tuesday as US consumer inflation data came in below estimates, easing pressure on the Federal Reserve (Fed) to further tighten ahead of 2026. The XAU/USD trades at $4,050 after bouncing off daily lows of $3,983.XAU/USD rebounds as softer CPI weakens Dollar and yieldsThe yellow metal is trimming some of its Monday losses, supported by the drop in the US Consumer Price Index (CPI). June’s CPI missed estimates, dipping from 4.2% to 3.5% YoY, beneath estimates for a slowdown of 3.8%, an indication that aggressive rate hikes by the Fed are not needed. Underlying…
Just now from Trump:Oil is flowing like never before, thanks to the awesome Power of the United States Military. A special salute to Secretary of War, Pete Hegseth, Chairman of the Joint Chiefs of Staff, Dan Caine, and Commander of the United States Central Command, Admiral Brad Cooper. Because of them, and all members of the Most Powerful Military anywhere in the World, BY FAR, the Strait of Hormuz is open to ALL Ship traffic except for Iran — and that is because of their lying, violent, malicious leadership, which is taking them down the path of TOTAL DESTRUCTION. We…