Author: FX

Proprietary trading, or prop trading, is one of the financial service industry’s latest and most popular product offerings. The reason why it is so sought-after is because it offers talented and capable traders fully funded accounts. Although it might sound too good to be true, it is actually based on mutual benefit; when your trades are successful, you will receive the majority of the profits (since you did the work, analysis, and trades), and the broker will receive the remainder. Of course, the trader has to prove their ability through trading challenges, which set various thresholds that must be met.…

The Regression_Channel MT4 Indicator is designed to help traders identify potential market trends and price reversals. It works by using linear regression, which is a statistical tool that measures the relationship between two variables. In this case, it helps determine the relationship between time and price in the market. By drawing channels based on the regression line, the indicator allows traders to spot potential support and resistance levels. The channel created by this indicator represents the range within which prices are expected to move. It gives traders a clear view of price fluctuations, allowing them to assess the likelihood of…

This yen pair has been stuck in a holding pattern for quite some time, but it looks like it’s finally ready to break out. Which direction will it go? Take a look at these nearby inflection points and potential targets on the 4-hour time frame: CHF/JPY 4-hour Forex Chart by TradingView CHF/JPY has been forming higher lows since April but has also been struggling to push past the resistance around the 176.00 handle, creating an ascending triangle formation. Price is now testing this pattern’s resistance, possibly gearing up for a break higher and a rally that’s the same height as…

Gold looks set to extend a weeks-long uptrend despite cooling global trade tensions. We’re checking out XAU/USD’s 4-hour time frame for potential areas of interest! XAU/USD 4-hour Chart by TradingView U.S.-China trade talks might be making progress, but gold ain’t flinching. XAU/USD is still catching bids as safe haven peeps stay strapped in, thanks to falling U.S. yields and some nerves ahead of this week’s CPI and next week’s FOMC. With the dollar losing steam, gold’s got room to flex. Remember that directional biases and volatility conditions in market price are typically driven by fundamentals. If you haven’t yet done…

The RoundPrice-Ext MT4 Indicator is a powerful tool designed for MetaTrader 4 (MT4), a popular platform among forex traders. Its primary function is to identify and highlight rounded price levels that often serve as key support and resistance zones. These levels are significant because they tend to attract a lot of market attention, often resulting in price reactions such as reversals or consolidations. This indicator automatically scans the market for rounded numbers (e.g., 1.3000, 1.3500, 1.4000) and marks them on the price chart, allowing traders to visualize where the market is likely to encounter resistance or support. By focusing on…

Markets showed signs of caution while awaiting updates from US-China trade talks, before the World Bank’s updated global growth forecasts shook things up. WTI crude oil wound up erasing its intraday gains on downgraded 2025 growth estimates while Treasury yields and the dollar took advantage of safe-haven gains. Here are headlines you may have missed in the last trading sessions! Headlines: BOJ Gov. Ueda noted that they have limited room to support growth with interest rate cuts Japanese Finance Minister Kato encouraged investors to buy JGBs and added they will conduct fiscal policy appropriately Australia Westpac Consumer Confidence Index for…

A Bloomberg survey shows most economists expect the Bank of Japan to keep its benchmark interest rate at 0.5% during its June 17 meeting and begin slowing the pace of government bond purchase reductions. While no rate move is anticipated, the main focus will be the BOJ’s plan for quantitative tightening, as bond market volatility and global economic uncertainty raise concerns.The BOJ has been cutting bond purchases by ¥400 billion per quarter since last August, but many analysts now expect the pace to slow starting next April—potentially to ¥200–¥300 billion reductions per quarter. Economists warn that too cautious a move…

The UK jobs market showed clear signs of weakening in May, with unemployment hitting 4.6% – its highest level in nearly four years – while job vacancies fell sharply and wage growth decelerated, according to the latest Office for National Statistics data. Key Takeaways: Unemployment rate increased to 4.6% in February-April 2025, up from 4.5% in the previous quarter Annual growth in regular earnings (excluding bonuses) slowed to 5.2% in February-April 2025, down from 5.6% in the previous period Job vacancies fell dramatically to 736,000 in March-May 2025, down 63,000 from the previous quarter Underlying metrics also revealed that payroll…

The Japanese Yen struggles to lure buyers as trade optimism undermines safe-haven assets. A modest USD uptick lends additional support to USD/JPY, though the upside seems capped. The divergent BoJ-Fed policy expectations might continue to act as a headwind for the pair. The Japanese Yen (JPY) remains close to a nearly two-week low touched against its American counterpart the previous day, though any further decline seems elusive. The latest optimism over a positive outcome from US-China trade talks is seen as a key factor undermining the traditional safe-haven status of the JPY. Adding to this, a modest US Dollar (USD)…

The SHI_SilverTrendSig MT4 Indicator is a powerful tool for forex traders, providing clear trend signals. It’s built on the SHI (Smoothed Heiken Ashi) method, a well-known technique that smooths out price data, making trends more visible. This indicator generates buy or sell signals directly on the MetaTrader 4 platform, which is popular for its flexibility and ease of use. Traders can rely on these signals to spot opportunities without being overwhelmed by complex data or charts. How Does the SHI_SilverTrendSig MT4 Indicator Work? The indicator works by analyzing price movements and using algorithms to determine the direction of the market.…