Author: FX
While we have left our Gold price forecast unchanged, we are revising our forecasts for Silver, Platinum, and Palladium upward, Commerzbank’s commodity analyst Carsten Fritsch notes. Silver and Platinum are likely to follow Gold”We expect the price of Silver to reach $39 per troy ounce by the end of the year (previously $37), the price of Platinum to reach $1,350 per troy ounce (previously $1,250) and the price of Palladium to reach $1,200 ($1,100).” “We therefore consider the majority of the recent price increase for the three precious metals to be sustainable, as it has reduced the previously significant undervaluation…
As forex traders, we give a lot of thought to stop loss placement. After all, it is a crucial part of risk management. Knowing where and when to exit is vital if you want to protect your capital. But notice that not enough attention is given to profit targets, which is a pity because being able to maximize profits can greatly affect one’s bottom line. Traders who have difficulty letting winners run may miss out on big moves in fear of losing potential forex profits. In the long run, such traders tend to have a hard time staying profitable because…
The increases in US tariffs are not expected to cause inflation to rise.It is therefore important to remain completely open about future monetary policy decisions.Inflation remains well under control.More than ever, in a volatile environment, agile pragmatism in light of data and forecasts is of the essence.Villeroy has been one of the most dovish members and he’s not deviating from that stance here as he keeps the door open for further cuts. This article was written by Giuseppe Dellamotta at investinglive.com. Source link
The Road Map MT4 Indicator is a custom tool designed to show key price levels, directional zones, and potential turning points in the market. It acts as a trading assistant, drawing horizontal and sloping lines that resemble a “road map” on your chart. These lines are based on historical price action and market behavior, helping traders make smarter, rule-based decisions. Whether you’re new to trading or experienced, this indicator brings clarity by highlighting where the price may react or reverse. How It Works on the Chart Once added to the MetaTrader 4 platform, the indicator overlays a series of calculated…
Intel shares drop almost 6% on disappointing guidance, job cuts Source link
Global flash PMI readings dominated market headlines early in the day, before the spotlight shifted to the ECB monetary policy decision. Cautious optimism for progress in EU-US trade talks also contributed to a bit of risk-taking, although U.S. stock indices closed mixed after key earnings releases. Here are headlines you may have missed in the last trading sessions! Headlines: Australia S&P Global Services PMI Flash for July 2025: 53.8 (51.2 forecast; 51.8 previous) Australia S&P Global Manufacturing PMI Flash for July 2025: 51.6 (50.4 forecast; 50.6 previous) RBA Governor Bullock: Q2 core inflation likely did not slow as much as…
Wall Street Journal (gated), in brief:As the U.S. prepares for a new round of trade talks with China next week, Trump is increasingly shifting from a strategy of pressure to one of negotiation, aiming to secure an economic agreement that would expand U.S. access to Chinese markets, particularly in business and technology.Trump is now pursuing dealmaking, according to people familiar A key signal of this shift was the recent lifting of a ban on Nvidia’s AI chip exports to China, easing prior national security restrictions and encouraging more U.S. tech sales to Beijing.Trump is now “pushing very hard” for a…
As expected, the European Central Bank kept its benchmark interest rate unchanged in July, marking a pause in its aggressive easing cycle as inflation reached the bank’s 2% medium-term target. With deposit rates staying at 2.00%, main refinancing operations at 2.15%, and marginal lending facility at 2.40%, the ECB signaled increasing confidence in its monetary policy stance while maintaining a data-dependent approach amid persistent global uncertainties. Key Takeaways Rates held steady: ECB maintained all three key interest rates unchanged, ending seven consecutive 25bp cuts totaling 200bp since September 2023 Inflation at target: Headline inflation currently sits at the ECB’s 2%…
The Detection of the Divergences MT4 Indicator is a technical tool designed to spot divergence patterns between price action and momentum indicators like RSI or MACD. Divergences occur when the price moves in the opposite direction of the indicator, often signaling a potential reversal or weakening trend. This MT4 indicator automatically scans the charts and highlights divergence zones, helping traders save time and reduce the chances of human error. It works in real-time and suits both day traders and swing traders. Why Divergences Matter in Trading Divergences are a valuable part of market analysis because they offer early warnings about…
Trump orders crackdown on homeless encampments nationwide Source link