Author: FX
The USDCHF continues to trade in choppy, two-way price action, reflecting broader indecision across the FX space. Today’s session has once again turned into a tug-of-war centered around one key technical barometer — the rising 200-hour moving average.That level is not just another line on the chart. It has become the dividing line between buyers maintaining short-term structure and sellers regaining control.Asian session: Buyers defend key support againThe first move of the day was to the downside. Price rotated lower and stalled near the rising 200-hour moving average, currently near 0.7724.This is now the fourth test of that MA:February 18Monday’s…
NZD/USD trades around 0.5980 on Wednesday at the time of writing, up 0.27% on the day and extending its rebound for a second consecutive day. The pair benefits from a weaker US Dollar (USD) after US President Donald Trump delivered his State of the Union address before Congress. In his speech, Donald Trump said he had engineered a “turnaround for the ages” in the US economy, highlighting easing inflation and solid growth. He also stressed that, in his view, tariffs were a key driver behind this improvement. The president added that he could impose higher duties on countries that “play…
I expect China tariff level to remain in placeWe don’t intend to escalate tariffs on ChinaTrade law on discrimination against US could be helpful in some situationsNew trade investigations will look at excess industrial capacity, forced labour in supply chainsTariffs will go up to 15% for some countriesThere will be hearings and consultations with trading partnersHave been in touch with trade partners to explain how replacement tariffs go along with trade dealsU.S. Trade Representative Jamieson Greer clarified the administration’s trade strategy, signalling a “steady as she goes” approach for China while pivoting to new legal mechanisms to manage broader global…
The Indian Rupee (INR) trades flat against the US Dollar (USD) on Wednesday. The USD/INR pair wobbles around 91.00 as the Indian Rupee trades with caution ahead of nuclear talks between the United States (US) and Iran on Thursday and the release of the domestic Q4 Gross Domestic Product (GDP) data on Friday.Investors will pay close attention to the outcome of the US-Iran nuclear talks, as it would have a significant impact on the oil price. Currencies from countries that rely heavily on imports of oil to fulfill their energy needs remain highly sensitive to the oil price.The oil price…
This indicator plots three horizontal lines on your MT5 chart: yesterday’s high, yesterday’s low, and yesterday’s close. That’s it. No complex calculations, no lagging formulas just pure price reference points that reset at the start of each new trading day. The simplicity is the strength here. These levels represent where price found its boundaries during the previous 24-hour session. When a new trading day begins, those boundaries don’t just disappear from traders’ memories. Institutional traders, algorithmic systems, and seasoned retail traders all watch these levels because they’ve proven to influence price behavior consistently. The Technical Logic Behind the Levels Here’s…
The average tariff rate on U.S. imports jumped from 2.6% to 13% over the course of 2025, according to the Federal Reserve Bank of New York. On paper, that kind of increase should have pushed inflation higher. Instead, headline inflation actually eased from 2.9% year over year in December 2024 to 2.7% in December 2025. Core inflation, which excludes volatile food and energy prices, also slowed from 3.2% to 2.6%.Did tariffs somehow stop being inflationary?Not exactly. Although foreign exporters did not reduce prices enough to offset the tariffs, U.S. companies, concerned about losing market share, chose to absorb much of…
Range traders huddle up! NZD/USD looks ready to bounce from an established range support zone, with bulls holding the line so far. Could this open the door for a move toward the higher areas of interest? Let’s take a closer look at the 4-hour time frame: NZD/USD 4-hour Forex Chart Faster with TradingView Uncertainty around U.S. tariff policy and hawkish comments from FOMC members had traders unloading “risky” currencies like the New Zealand dollar and running to the Greenback. Lately, though, some of the tariff and U.S.-Iran conflict nerves have cooled off. On top of that, Australia’s hotter-than-expected CPI print…
Gold (XAU/USD) sticks to modest intraday gains below the $5,200 mark through the Asian session on Wednesday and remains close to the monthly peak, touched the previous day. Geopolitical risks remain in play amid a buildup of American forces in the Middle East ahead of the third round of US-Iran nuclear talks, scheduled on Thursday. This turns out to be a key factor that revives demand for the safe-haven precious metal. Apart from this, the emergence of some US Dollar (USD) selling provides an additional boost to the commodity and contributes to the intraday move up.Despite the US Federal Reserve’s…
Hyundai Motor to unveil multi-billion-dollar investment in South Korea, source says Source link
Australia’s consumer prices rose more than expected in January, while core inflation climbed to its highest level in over a year, solidifying market expectations for another RBA interest rate hike. The monthly headline CPI rose 0.4% in January, beating the median forecast of a 0.3% uptick and keeping the annual reading steady at 3.8% instead of dipping to the projected 3.7% figure. The more closely watched trimmed mean measure, which is considered a proxy for underlying or “core” inflation, ticked up to 3.4% year-over-year from 3.3% previously, reaching its highest level in 16 months. Key Takeaways Headline CPI: +0.4% month-on-month;…