Author: FX

The Market Sentiment Indicator MT5 pulls data from broker feeds or aggregated trading platforms to show current positioning across retail traders. Think of it as a contrarian signal generator. When 85% of traders hold long positions on GBP/USD, that extreme reading often precedes a reversal not because the crowd is always wrong, but because there’s simply fewer buyers left to push prices higher. This isn’t some mystical formula. The indicator displays a straightforward ratio: if 70% of active positions are long, the gauge shows 70/30. Most versions update in real-time or near real-time, though some retail implementations refresh every few…

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Silver (XAG/USD) has printed a classic short-term moving average shift that often shows up near potential turning points. Even with today’s red close, the overall moving average structure has improved enough to trigger a bullish crossover! The next few sessions will help reveal whether this is a genuine bullish trend transition or a brief rebound within a wider consolidation. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as the basis for a mini-lesson, breaking down what each alert means, why it matters, and how…

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Australia will release its key set of inflation figures for the month of January on Wednesday, with the Consumer Price Index (CPI) expected to rise by 3.7%, slightly lower than the 3.8% in the last month of 2025.What really matters in Australia’s inflation data?If you’ve ever felt slightly lost when looking at Australia’s inflation numbers, you’re not alone. In contrast to the US, where a single CPI print often dominates the narrative, Australia presents a variety of factors, each with varying weights.The headline figures come from the Australian Bureau of Statistics (ABS). The quarterly CPI is the full basket, the…

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Copper and everything related to it is rallying once again today. It’s a theme I’ve been writing about for years.The Scotiabank metals team put out their latest valuation check on the base metals mining space and the takeaway is that things are starting to look reasonable — but not cheap.Cu miners are now trading at an average implied copper price of $6.48/lb, which is a record high in absolute terms but only a 12% premium to spot at $5.78/lb. That 12% premium has come up from just 3% at the start of the year, but it’s still well below the…

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Keysight Technologies (KEYS) delivered a masterclass in fundamental performance yesterday, reporting a “double beat” that exceeded Earnings Per Share (EPS) expectations by 8.75% and revenue estimates by 3.89%.However, the real fuel for the 20% single-day surge wasn’t just the past quarter’s performance, it was the future. Management provided exceptionally strong forward guidance, citing a massive demand inflection point from AI data centers. As AI clusters become increasingly complex, Keysight’s testing equipment has become essential for validating the high-performance chips, high-speed networking, and optical interconnects that serve as the backbone of the AI revolution.A historic technical shiftWhile the AI narrative is…

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The USDCAD is pushing higher in early North American trading and is now testing the February high at 1.37241. A sustained break above that level would strengthen the bullish bias and open the door toward the late-January high at 1.37383, followed by the 61.8% retracement of the 2026 trading range at 1.37572.Yesterday, the pair initially moved lower following weekend tariff headlines. However, as traders reassessed the broader implications — particularly the risk that renewed U.S. trade pressure could extend toward Canada — the selling faded. At the same time, weaker equities contributed to a more cautious risk tone, weighing on…

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BNY’s Head of Markets Macro Strategy Bob Savage highlights renewed Japanese Yen weakness after Prime Minister Sanae Takaichi expressed reservations about further Bank of Japan rate hikes. The report notes emerging tension between the government and central bank, with markets still pricing another BoJ increase by June. USD/JPY is bid as investors reassess policy risks and FX intervention remains a constraint near 160.Government-BoJ tension pressures Yen”The biggest FX mover overnight was JPY. It shed 1% of its value and 10y JGB yields slid 2.5bp after Prime Minister Sanae Takaichi voiced apprehension over more rate hikes in her meeting with BoJ…

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Well, you can certainly bet that Beijing is smirking and if not laughing with glee over the whole situation. Their hard line stance against Trump looks to be paying off now as the US administration is forced to back down on the high tariffs applied against China. And one can reasonably assume that this will continue to be their tactic in dealing with the US president until his term ends. That is to be patient and ride out the storm.The Chinese commerce ministry is out with some remarks now, in responding to the tariffs change:Closely monitoring relevant measures by the…

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The Liquidity Sweep Indicator for MT5 addresses this by identifying when price deliberately hunts stop clusters before reversing. Instead of trading every break, traders gain context about which breaks might snap back. This doesn’t eliminate losses trading never works that way but it adds a filter that experienced institutional traders have used for years. What Makes Liquidity Sweeps Different From Regular Breakouts A liquidity sweep occurs when price briefly penetrates a known level support, resistance, previous swing high or low where stops cluster, then rapidly reverses direction. The key word is “briefly.” While genuine breakouts hold and extend, sweeps dart…

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