Author: FX
Gold staged a sharp recovery from its recent lows, but the upswing may be running into a wall. Is the rebound running on borrowed time? Source link
The VSA Relative Volume Indicator MT5 is a technical analysis tool built on the principles of Volume Spread Analysis (VSA). VSA studies the relationship between price movement, volume, and candle spread to determine whether professional money is entering or leaving the market. Instead of showing raw tick volume, this indicator measures relative volume. In simple terms, it compares the current candle’s volume to the average volume over a selected number of past bars. If the current volume is significantly higher than normal, the indicator highlights it. This signals increased market participation, which often appears during: Breakouts Trend accelerations Reversals driven…
Japan’s S&P Global Manufacturing PMI eased to 54.5 in May from April’s 51-month high of 55.1, with input costs and selling prices rising at rates rarely seen in over 24 years of data. Summary: Source: S&P GlobalThe headline Japan Manufacturing PMI fell to 54.5 in May from April’s 51-month high of 55.1, marking a fifth consecutive month of improvement in sector healthOutput and new orders both rose at historically strong rates, though the pace of expansion eased from April; new export orders grew at the fastest pace in five yearsStock building by manufacturers and clients, driven by Middle East war…
The AUD/USD pair holds steady around 0.7185 during the early Asian trading hours on Monday. Traders continue to assess the developments surrounding the US-Iran peace negotiations. Also, China’s RatingDog Manufacturing Purchasing Managers Index (PMI) report for May will be released later on Monday. Iranian Foreign Minister Abbas Araghchi said on Sunday that talks and message exchanges with the US were ongoing, but highlighted that no assessment of negotiations could be made until a clear outcome was reached. “Talks and message exchanges are ongoing, and until a definite result is reached, it is not possible to judge,” said Araghchi. “Everything being said…
If you trade BTC/USD, bitcoin CFDs, bitcoin futures, or bitcoin ETFs, here’s a deeper dive into what moved bitcoin this week and what to watch going into next week. Not a great week for bitcoin. BTC closed lower, ETF investors kept pulling money, macro data removed any near-term rate-cut optimism, and the chart slipped below every major daily moving average. The result is a market that has not broken down completely, but also has not given bulls a clean reason to step back in. Source link
Pentagon chief sounds ’alarm’ over China’s buildup, urges allies to boost defence spend Source link
Berkshire Hathaway to acquire Taylor Morrison in $8.5B deal Source link
I saw an interesting discussion in one of the equity investing and trading groups, and I thought it was worth turning into a broader educational note.The question was simple, but very important:If you are already holding DELL stock at a profit, is it better to sell, or should you move your stop higher and let the position continue working?The guy bought before earnings and wondering what to doThis is exactly the type of question that separates basic trade entry from real trade management.Many newer traders spend most of their time asking, “Where should I buy?” But in many cases, the…
Colombians weigh leftist reforms against right-wing crackdowns in presidential vote Source link
Thursday’s session delivered the week’s defining moment in a single hour. Iranian missile and drone strikes on Kuwait and a US air base drove WTI back toward $91 and sent the dollar surging — then an Axios report confirmed Washington and Tehran had tentatively agreed to a 60-day ceasefire extension pending Trump’s approval. Oil reversed. The dollar collapsed. Equities ripped to fresh record highs. The speed of that reversal set the tone for everything the coming week will be measured against. The weekend added a secondary geopolitical complication. Israel launched its broadest ground incursion into Lebanon in 25 years, crossing…