Author: FX

Morning Bid: Trump’s big talk falls on investors’ deaf ears Source link

Canada’s December employment report drops Friday, and it’s expected to help clear up whether November’s surprisingly strong numbers had real staying power or were just a one-month blip. With the Bank of Canada meeting later this month, traders will be looking for clues on whether the labor market is holding up or starting to lose steam. Here are the points you need to know if you’re trading the release: This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited…

Don’t look now, but EUR/CAD could be gearing up for a reversal from its downtrend! Can the pair break above this neckline resistance or will we see a continuation of the slide? Take a look at these inflection points on the 4-hour time frame. EUR/CAD 4-hour Forex Chart by TradingView The oil-related Canadian dollar has been under some selling pressure, as traders continue to ease up on supply jitters stemming from the Venezuela crisis that blew up over the weekend. Meanwhile, data points from the eurozone have been mixed, as flash CPI readings have fallen short of estimates while final…

Dollar traders continue to debate the possibility of further Fed easing early this year, and the upcoming NFP release could still move the needle. Leading jobs indicators aren’t exactly painting an optimistic picture, possibly setting up for another disappointing employment report. Here’s what to look out for. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

Summary:Barclays urges selectivity in Chinese tech for 2026Broad stimulus-driven gains seen in 2025 unlikely to repeatEV sector faces rising headwinds as tax incentives fadePreference for resilient revenue and AI-linked namesTencent, Trip.com and Alibaba cited as selective playsBarclays is urging investors to adopt a more selective approach to Chinese technology stocks in 2026, warning that the broad-based rally seen last year is unlikely to be repeated as policy tailwinds fade and sector-level headwinds emerge.In a recent note, Barclays analysts argued that the government stimulus impulse that supported widespread gains in 2025 has largely run its course, reducing the likelihood of another…

The Australian Dollar (AUD) steadies against the US Dollar (USD) on Thursday following Australia’s Trade Balance data, which showed that trade surplus narrowed to 2,936M MoM in November versus 4,353M (revised from 4,385M) in the previous reading.The Australian Bureau of Statistics (ABS) reported on Thursday that Exports fell by 2.9% MoM in November from a rise of 2.8% (revised from 3.4%) seen a month earlier. Meanwhile, Imports grew by 0.2% MoM in November, compared to a rise of 2.4% (revised from 2.0%) seen in October.Australia’s mixed November inflation data left the Reserve Bank of Australia’s policy outlook uncertain. Focus now…

Unlike traditional indicators that just crunch numbers based on past price movements, AI-powered tools for MT5 actually learn from market behavior. They use machine learning algorithms to spot patterns that human eyes might overlook. These indicators analyze thousands of data points in seconds, looking at everything from price action to volume and volatility. The cool part? They get better over time. As the AI processes more market data, it refines its predictions and adapts to changing conditions. Traders don’t need a computer science degree to use them either—they install just like any other MT5 indicator. How Traders Use These Tools…

Markets:Gold down $45 to $4453WTI crude oil down 83-cents to $56.30S&P 500 down 0.3%US 10-year yields down 3 bps to 4.15%USD leads, CAD lagsThe early trade was generally risk positive and at midday, the S&P 500 hit a fresh all-time record. The President threw some cold water on that as he talked about defense companies halting dividends and buybacks. He also talked about banning institutional ownership of single family homes.In reality, he doesn’t have the power to do either of those things but its wasn’t exactly a pro-stock market message. Moreover, there is building angst about the potential Supreme Court…

Markets retreated from intraday records on Wednesday as traders digested stronger-than-expected services data and presidential social media posts targeting defense contractors and homebuilders, though geopolitical developments in Venezuela continued to influence energy and FX markets.Check out the forex news and economic updates you may have missed in the latest trading session! Broad Market Price Action: Dollar Index, Gold, S&P 500, Oil, U.S. 10-yr Yield, Bitcoin Overlay Chart by TradingView Wednesday delivered a session of divergent performance as markets digested stronger-than-expected services data alongside presidential announcements targeting defense contractors, with equities retreating from intraday records while the dollar strengthened modestly. The…

In our December update, we combined the Elliott Wave (EW) Principle with the Armstrong Pi-cycle turn dates and concluded for the NASDAQ 100 (NDX) that“…if the November 21 low at 23854 holds, based on current data, the Bull market will likely continue, ideally well into April next year, before a 2022-like Bear market begins. Below that level, it will strongly suggest that the bear market is already underway.”Closer to home, we“… adjusted our perspective to view the [December 10] 25835 high as only the gray Wave-i of a larger (green) 5th wave, with W-ii to ideally ~24600 now underway.”Fast forward…