Author: FX
The US Dollar (USD) is trading narrowly mixed amid subdued FX turnover, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret note.USD narrowly mixed versus majors “Markets have one eye tomorrow’s FOMC decision and the other on developments in the Middle East. Reports that Iran was keen to seek talks with Israel lifted risk appetite briefly yesterday but Israel is showing little interest in negotiations. President Trump left the G7 meeting early to return to Washington, citing the situation in the Middle East. Either he didn’t like the food or developments in the Israel/Iran situation are a worry. Global stocks…
The Euro is trapped in a tight range around 1.1550.Risk aversion is gripping markets ahead of the US Retail Sales release.EUR/USD wavers halfway through a small triangle pattern.The EUR/USD pair is showing marginal gains but remains within the previous days’ range near the 1.1550 level on Tuesday. Waning hopes of a truce in the Middle East have dampened risk appetite, yet with market volatility contained so far as investors look at the US Retail Sales release and Wednesday’s Federal Reserve (Fed) monetary policy decision.Israel and Iran have continued exchanging fire for the fifth day, and US President Donald Trump has…
B2BROKER has officially rolled out Perpetual Futures support in B2TRADER, its flagship multi-market trading platform. This major upgrade empowers brokers and exchanges to offer Crypto Spot and Perpetual Futures alongside FX, CFDs, and tokenised assets — all through a single, cloud-based system. Designed for institutional scalability, B2TRADER delivers the flexibility brokers need to launch or expand crypto operations rapidly.The adoption of perpetual futures in cryptocurrency markets has grown significantly in recent years. Estimates suggest that user engagement in crypto trading now substantially exceeds that of the traditional foreign exchange (FX) market, potentially by a factor of 20, according to some…
Crude prices have been capped at the $72.00 level but remain 12% above May’s range.Fears of escalating tensions between Israel and Iran are keeping downside attempts limited.Russia’s Deputy Prime Minister, Novak, is pressuring the OPEC+ to reconsider output hikes.The pullback in Crude prices witnessed on Monday found support on Tuesday as escalating tensions in the Middle East revived fears of an Oil supply disruption, while Russia is pressuring OPEC+ to reconsider further output hikes. The price of the West Texas Intermediate barrel bounced up from Monday’s lows near $68.00. Upside attempts have remained limited below the $72.00 level so far, but…
The Darma System Indicator (Beta) is a custom MT4 tool built for spotting trend shifts and key price levels. It combines multiple technical elements—like moving averages, momentum, and support/resistance detection—into one easy-to-read system. Although it’s still in beta, early feedback suggests that it’s quite accurate in identifying both short- and long-term trading setups. It appears on the chart with visual cues, making it beginner-friendly while still offering value to experienced traders. How It Works on MT4 Once installed on the MetaTrader 4 platform, the Darma System Indicator plots dynamic signals directly on the chart. These might include arrows, lines, or…
Trump leaves G7 summit early due to Middle East situation Source link
Looking for a way to jump on the anti-dollar train? USD/CHF is fast approaching a key trend resistance zone on the 4-hour time frame. Check it! USD/CHF 4-hour Forex Chart by TradingView USD/CHF has been stuck in a downtrend for over a month, with traders backing the franc as global trade jitters ease and U.S. debt and Fed rate cut talks heat up. The pair did bounce from around .8050 after a spike in Middle East tensions took some shine off the franc’s safe haven status. But now USD/CHF is creeping back toward a key resistance zone. If this bounce…
The Dinapoli Targets MT4 Indicator is based on the advanced Fibonacci levels developed by Joe DiNapoli. It uses unique price calculations to plot realistic profit zones after a market move. Unlike traditional Fibonacci tools, it automatically draws target levels without needing manual input. This makes it ideal for both beginners and experienced traders who want fast, reliable data. How It Works on the Chart Once added to a chart, the indicator identifies recent price swings and uses them to project key target levels. These targets are often shown as horizontal lines labeled “Target 1,” “Target 2,” and so on. Price…
With the BOE widely expected to keep rates steady this week, all eyes are now on the UK’s May CPI report to see if inflation is still cooling as forecast. Will the latest figures support rate cut hopes, or will sticky price pressures delay the central bank’s next move? Here are the points you need to know if you’re trading the U.K.’s May inflation figures! 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™…
Markets roared back Monday after reports suggested Iran may be backing off its fight with Israel, triggering broad rallies for risk assets. The de-escalation headlines gave traders reason to breathe, especially with G7 leaders meeting in Canada and Middle East tensions cooling after a four-day aerial exchange. Here are headlines you may have missed in the last trading sessions! Headlines: Over the weekend, Nikkei reported that the BOJ is considering slowing the pace of its cuts in government bond purchases from April 2026 New Zealand services NZ PSI for May: 44.0 (48.6 forecast; 48.5 previous) New Zealand composite NZ PCI…