Author: FX
The Higher High Lower Low Indicator MT4 helps traders focus on market structure instead of reacting to every price swing. By identifying higher highs, higher lows, lower highs, and lower lows, it provides a clearer picture of trend direction and possible reversal points. That can reduce emotional trading and improve the quality of trade entries.Price structure has always been one of the strongest forms of technical analysis because it reflects the balance between buyers and sellers. This indicator makes those swing points easier to recognize without manually drawing them on the chart. The sections below explain how the indicator works,…
The announcement resolves two of the biggest overhangs on the pipeline file, the route and the Pathways financing structure, both of which had been unresolved as recently as this week, making this the most concrete step yet toward an actual construction timeline. Confirmation of the southern route via the existing Trans Mountain corridor, rather than a more contentious northern option through B.C., sidesteps the fiercest Indigenous and provincial opposition and improves the odds Ottawa formally designates the project in the national interest by its self-imposed deadline. With Pembina now attached as a private-sector partner, the announcement also addresses the “no…
United Overseas Bank’s (UOB) Quek Ser Leang reports USD/CNH is consolidating after a prior decline to 6.7865, with prices oscillating between 6.7911 and 6.8025 and closing at 6.7948. He expects intraday action to remain confined to 6.7860–6.7990. Over 1–3 weeks, recent Dollar strength is seen as having ended, with the pair likely to trade between 6.7750 and 6.8080, while medium-term recovery requires a break above the 21‑week EMA at 6.8430.Off highs and stuck in a band”24-HOUR VIEW: Two days ago, USD dropped to 6.7865 and then rebounded. When it was at 6.7920 yesterday, we highlighted that “the rebound from oversold…
bagi1998/iStock via Getty ImagesNexa Resources (NEXA) up 1.4% post-market Thursday after confirming it is aware of ongoing negotiations between Boliden (BDNNY) and Votorantim S.A. regarding the latter’s interest in the company and expects to be in discussions with Boliden regarding Source link
A bearish MACD crossover on USD/CHF hints at fading upside momentum after recent highs. Is a deeper pullback next? Source link
A sharply weaker U.S. June jobs report sent the dollar to the bottom of the majors, lifted gold near 2%, and cooled the rate-hike pricing built up under Fed Chair Warsh. Source link
There is a report that QTS Data Centers (fully owned by Blackstone) is abandoning plans to build a data center in Virginia.The market might be sensitive to these report in light of yesterday’s market-moving story about Meta looking to sell excess compute. There are fears of overbuilding and also that the huge spending won’t make an economic return.Scotia yesterday wrote:The bear framing is that a large hyperscaler willing to sell excess compute, while still investing behind frontier models, signals internal demand tracking below capacity, inviting an asterisk on future capex disclosures across the group. The bull framing is CFO-driven arbitrage:…
The US Dollar Index (DXY) trades under pressure on Thursday as weaker-than-expected US Nonfarm Payrolls (NFP) data dent expectations of a near-term Federal Reserve (Fed) rate hike.The index, which tracks the Greenback’s value against a basket of six major currencies, trades around 100.88 at the time of writing after hitting a two-week low of 100.56 earlier in the American session.The Greenback was also weighed down by a sharp rebound in the Japanese Yen (JPY), with traders speculating that Japanese authorities may have intervened in the foreign exchange market after USD/JPY hit a 40-year high earlier this week. Japan’s Finance Ministry…
Juanmonino/iStock via Getty ImagesJersey Mike’s (JMKE) is moving closer to becoming a publicly traded company as the sandwich chain filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering. The company plans to list on the NYSE under Source link
The U.S. economy added 57,000 jobs in June 2026, missing forecasts of 113,000. Prior months were also revised down 74,000, and September Fed hike bets fell sharply. Source link