Author: FX
MON: EZ/UK/US Flash PMIs (Jun).TUE: NBH Announcement, German Ifo (Jun), Canadian CPI (May), US Richmond Fed (Jun).WED: BoJ Summary of Opinions, CNB Announcement, PBoC MLF, Australian CPI (May).THU: Banxico Announcement, German GfK Consumer Sentiment (Jul), US Durable Goods (May), US GDP Final (Q1), US PCE Final (Q1).FRI: Japanese Tokyo CPI (Jun), UK GDP (Q1), French/Spanish Prelim CPI (Jun), EZ Sentiment Survey (Jun), US PCE (May).EZ PMIs (MON): Expectations are for a modest uptick across the board, taking Manufacturing to 49.7 (prev. 49.4), Services to the 50 neutral mark (prev. 49.7) and Composite further into expansionary territory at 50.5 (prev. 50.2).…
U.S. B-2 Bombers Observed in Transit, Likely Toward Guam – No Official Deployment AnnouncedOn June 21, 2025, six U.S. Air Force B-2 stealth bombers were observed departing Whiteman Air Force Base in Missouri, accompanied by aerial refueling tankers. Based on flight-tracking data and analysis by defense aviation watchers, the aircraft are likely heading to Andersen Air Force Base in Guam.Image showing 6 bombers is fictional/conceptual illustrationThere is no official confirmation from the Pentagon or the White House regarding any deployment or operational mission. The movements appear consistent with strategic repositioning rather than a declared offensive action.The B-2 is capable of…
Chart of the Day – Light Crude Oil Futures AnalysisCrude Oild Futures Daily TimeframeCrude Oil Price Chart, Daily timeframe | April–June 2025Since mid-April 2024, light crude oil futures have respected a clear red resistance line—with key touchpoints in April 2024, January 2025, and most recently in mid-June 2025. The most recent test briefly pierced above resistance, a classic move often designed to trigger tight stops from early short sellers and trap overly eager breakout buyers.Importantly, between early April and early June 2025, price moved within a wide consolidation range between $52 and $65. Applying a fixed range volume profile to…
Iran, Israel launch new attacks after Tehran rules out nuclear talks Source link
The Multiple ZigZags in a Single Window MT4 Indicator is designed to display several ZigZag patterns simultaneously within one chart. Each ZigZag is based on different depth or deviation settings, helping traders identify both short-term and long-term price swings. This layered approach gives a broader view of the market’s structure, showing hidden support and resistance levels that a single ZigZag might miss. Whether a trader is scalping or swing trading, having access to multiple patterns in one glance improves timing and accuracy. Benefits of Using Multiple ZigZags When different ZigZag settings overlap or intersect, it often signals a strong market…
The Avg Daily Range (ADR) MT4 Indicator is a helpful tool designed for MetaTrader 4. It calculates the average distance that a currency pair moves each day, usually based on the last 5, 10, or 20 days. This value tells traders what kind of movement they can expect on a typical day. The indicator usually shows this as a number in pips and sometimes displays high and low levels based on the ADR. It’s especially useful for day traders and scalpers who rely on short-term price movements. Why It Matters in Forex Trading Knowing the average daily range gives traders…
Major central bank meetings and escalating Middle East tensions created forex market volatility, with Canadian dollar suffering worst weekly performance among currencies. Source link
This week’s financial markets resembled a high-stakes juggling act, with traders scrambling to balance dynamic Middle East developments against a central banking circus that would make any ringmaster dizzy. Oil prices took traders on a wild ride, plummeting from the mid-$76s to $70 on Monday’s peace hopes before rocketing back toward $76 as Israel-Iran tensions simmered. Trump’s announcement of a two-week decision deadline on potential U.S. involvement finally gave the bulls room to breathe. Meanwhile, central banks seemed determined to outdo each other’s surprises. The Fed toned down rate cut expectations, Switzerland slashed rates to zero, and ECB…
Hundreds of US citizens left Iran in last week, State Dept cable says Source link
GBP/USD dips after UK Retail Sales slump, Dollar finds footing on trade jitters The Pound Sterling registers minimal losses during the North American session, after UK Retail Sales data disappointed investors, while the Greenback recovers some ground. Currently, the GBP/USD is trading at 1.3456, down 0.07%. Read More… Pound Sterling trades higher even as UK Retail Sales decline sharply in May The Pound Sterling (GBP) trades firmly against its major peers on Friday despite United Kingdom (UK) Retail Sales data declined sharply in May. Read More… UK Retail Sales decline 2.7% MoM in May vs. -0.5% expected The United Kingdom…