Author: FX

Unlike static S/R lines drawn at old swing highs and lows, this indicator calculates its levels dynamically — typically using a combination of pivot points, swing structure detection, and in some versions, moving average envelopes or ATR-based bands to define zone width. The core logic identifies recent swing highs and lows within a defined lookback period, then projects these levels forward as active zones. Some MT4 versions also layer in volume or price density to determine “strong” versus “weak” levels. The result is a set of shaded zones or lines that update as new price data comes in, rather than…

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Sat: Chinese TradeMon: Chinese Inflation (Apr), Norwegian Inflation (Apr)Tue: BoJ SOO (Apr), IEA STEO (May), EU Informal Meeting of Energy Ministers (May 12-13), Japanese Household Spending (Mar), German HICP Final (Apr), Italian Industrial Production (Mar), German ZEW (May), US Inflation (Apr)Wed: BoC Minutes (Apr), EIA OMR (May), OPEC MOMR (May), Riksbank Minutes (May), French Unemployment Rate (Q1), Swedish Inflation Final (Apr), French Inflation Final (Apr), EZ Employment Change (Q1), EZ Industrial Production (Mar), EZ GDP 2nd Estimate (Q1), US PPI (Apr)Thu: Holiday: Europe’s Ascension Day, UK GDP (Mar/Q1), Industrial Production (Mar), Indian WPI (Apr), Spanish HICP Final (Apr), Chinese M2…

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If you trade XAG/USD, silver CFDs, silver futures, or silver ETFs, here’s a deeper dive into what moved silver this week and what to watch going into next week. Monday looked ugly. XAG/USD sat near $74, down roughly 15% since the Iran war began in late February. The chain crushing silver was simple: Hormuz closure → energy shock → persistent inflation → frozen Fed → elevated real yields → non-yielding assets punished. Then Wednesday. Reports confirmed the Trump administration passed a one-page peace proposal through Pakistani mediators to Tehran. Formal end to hostilities. Gradual reopening of the Strait of Hormuz.…

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If you trade XAU/USD, gold CFDs, gold futures, or gold ETFs, here’s a deeper dive into what moved gold this week and what to watch going into next week. Gold is up roughly 2% this week. There’s still a literal war in the Middle East. The Strait of Hormuz is still effectively closed. And the Fed is still frozen, stuck in wait-and-see mode. Source link

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Last updated: May 9, 2026 Market bias: Mildly bullish repair, not confirmed bullish expansionBitcoin is trading with a constructive short-term bias after buyers defended the repaired value area near 80,000. The current BTC price forecast improves while price holds above 79,000-79,500, but a stronger bullish signal still requires acceptance above the 82,500-82,800 resistance zone.Key takeaways for crypto traders and investors at investingLive.com Bitcoin has shifted from prior downside damage into a repair phase. Buyers are increasingly defending the 80,000-81,300 accepted-value zone. The main upside gate remains 82,500-82,800. A daily close above 82,800 would strengthen the bullish case. A daily close…

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