Author: FX

Equities are continuing to stay upbeat in European morning trade, with S&P 500 futures seen up 0.4% currently. Meanwhile, European stocks are also surging today in erasing the weekly losses from the past two days. The DAX is up 1.1% while the CAC 40 is up 1.6% on the day. This comes after the US and Japan has struck a trade deal, though what may become of it depends on Japan prime minister Ishiba’s fate.As for broader market sentiment, a lot will come down to what will follow from big tech earnings after the close today. Alphabet/Google and Tesla are…

Old National signals cautious 2025 loan growth outlook while capital and Bremer partnership drive flexibility Source link

The Candle SnR MT4 Indicator is a chart-based tool that identifies strong support and resistance zones by analyzing the highs and lows of candlesticks. These zones are shown on the chart as horizontal lines or colored blocks, helping traders easily spot price barriers. Unlike traditional indicators, it doesn’t rely on moving averages or lagging formulas — it reacts to actual price structure. This makes it especially helpful for price action traders who focus on clean charts and real-time data. Why It Matters for Traders Support and resistance are key elements in technical analysis. They act as…

The ECB is up this week! Our Event Guide for the July ECB Decision suggests that President Lagarde and the crew are planning to keep things steady after easing up in their past few meetings. Will this week’s decision convince traders to buy the euro? Or will ECB members’ concerns weigh on the currency against its major counterparts? We’re taking a closer look at EUR/JPY and EUR/GBP setups in case the ECB goes dovish: 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…

Will the ECB keep interest rates on hold this time and signal a longer pause in easing? Our Event Guide for the ECB Decision notes that several policymakers have highlighted the need to wait and see before making additional policy changes while data points have actually shown improvements. Here’s what I’m watching on EUR/USD and EUR/AUD in this scenario. 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

Things are about to heat up later this week, as the ECB gears up to announce its July monetary policy decision. Are they about to cut interest rates or sit on their hands for now? Here’s what you need to know when trading this major event. 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

After a shallow pullback, the U.S. dollar chalked up another day in the red while trade jitters lingered ahead of the August 1 tariffs deadline. It didn’t help that President Trump talked up the possibility of rate cuts since Powell “will be out soon.” Here are headlines you may have missed in the last trading sessions! Headlines: New Zealand trade surplus narrowed from 1,082M NZD to 142M NZD in June (1,020M NZD expected) RBA Meeting Minutes: Further rate cuts are warranted over time, debating on timing and extent of easing U.S. President Trump warned that they would strike Iran again…

Bank of Japan Deputy Governor Shinichi Uchida spoke earlier. Posts are here: Bank of Japan deputy governor Uchida: Japan’s economy has recovered moderatelyMore from Bank of Japan Deputy Governor UchidaMore again from Bank of Japan Deputy Governor Uchida – CPI to dip then riseUchida’s comments were extensive (three posts on them!), but in a very breif summary if you don’t want to scan all of them:Uchida warned that economic and inflation risks are tilted to the downside due to “extremely high” uncertainty surrounding global trade policy, particularly U.S. actions. While the BoJ will continue raising interest rates if its economic…

The Ticks Volume MT4 Indicator measures how many times the price changes during a specific period, and displays that data as vertical bars beneath your chart. It’s not based on actual transaction volume like in stocks, but gives a reliable picture of activity in the Forex market. Each bar represents the number of ticks during one candle. A higher bar means more price movement — and possibly more interest from buyers or sellers. Lower bars signal quiet or uncertain market conditions. This helps traders see if a move is strong or weak, even if the price is rising or falling.…

I had the forecast from Goldman Sachs posted yesterday during Asia time:Goldman Sachs expect three consecutive Federal Reserve 25bp cuts starting in SeptemberRecap/adding more now:Goldman Sachs expects the Federal Reserve to keep interest rates unchanged at its upcoming policy meeting on July 29-30, but anticipates rate cuts at each of the remaining three meetings in 2025:September 16-17 October 28-29 December 9-10Looking ahead, Goldman also forecasts two additional rate cuts by the Fed in early 2026.Analysts say that this expectaion is provided inflation expectations stay anchoredemphasises that the easing cycle is contingent on inflation not flaring up again, but with current…