Author: FX

The European gas price (TTF) has fallen back to around EUR40 per MWh over the past week, Commerzbank’s commodity analyst Thu Lan Nguyen notes.  Scope for further natural gas price weakness is limited “In addition to general economic concerns, a better supply situation is also providing relief. According to Bloomberg data, LNG imports in March reached their highest level for the month since 2017, which should somewhat alleviate fears regarding the current lower filling levels.”  “According to the GIE, European gas storage facilities were 34% full on 30 March, compared to a 5-year average of 45% at this time. The…

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USD/CHF weakens to around 0.8840 in Tuesday’s early European session.  The swirl of uncertainty surrounding the forthcoming US tariffs weighs on the US Dollar.  The Swiss Real Retail Sales rose 1.6% YoY in February, stronger than expected. The USD/CHF pair softens to near 0.8840 during the early European session on Tuesday. The US Dollar (USD) edges lower against the Swiss Franc (CHF) as traders grow risk-averse ahead of US trade tariffs expected to be unveiled on Wednesday.  Several Trump administration officials suggested that reciprocal tariffs would be focused on a handful of countries that have large trade imbalances with the…

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The CCI with Dynamic Channels MT4 Indicator offers a powerful solution by combining the versatility of the Commodity Channel Index (CCI) with dynamic channels for better market analysis. It helps traders spot trends and reversals more effectively, giving them a clear edge in their trading strategies. Let’s dive deeper into how this indicator works and how it can improve your trading decisions. What is the CCI with Dynamic Channels MT4 Indicator? The CCI with Dynamic Channels MT4 Indicator is a sophisticated tool designed to enhance the effectiveness of the Commodity Channel Index (CCI) on the MetaTrader 4 platform. By adding…

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The Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.10% at its April 1st meeting, maintaining its cautiously optimistic stance on inflation while expressing concerns about global economic uncertainties, particularly related to US trade policies. The decision to hold rates steady was widely anticipated by markets, with traders having priced in approximately 93% odds of no change ahead of the meeting. This follows the RBA’s first rate cut in over four years, which occurred in February 2025 when the bank lowered rates from 4.35% to 4.10%. Key Takeaways: RBA maintained cash rate at 4.10% as widely expected…

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The Trend Strength Index (TSI) for MetaTrader 4 (MT4) could be the solution. By providing real-time data on trend intensity, the TSI helps traders make more informed and confident decisions. Understanding the Trend Strength Index The Trend Strength Index (TSI) is a powerful technical indicator designed to measure the strength of a market trend. It works by calculating the momentum and smoothing out price fluctuations to give traders a clearer picture of a trend’s strength. By using the TSI, traders can identify whether a market is trending strongly or if a reversal is imminent. This allows them to make timely…

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WTI crude oil has been on a tear lately, boosted by threats of additional sanctions on Russian oil. But can worsening trade tensions force the triangle top to hold as a ceiling? Check out these nearby inflection points I’m watching on the daily time frame. WTI Crude Oil (USOIL) Daily Chart by TradingView In case you missed it, U.S. President Trump isn’t on good terms with Russian President Putin once again since the latter hasn’t exactly been playing nice with Ukraine during its ceasefire. Because of that, Trump threatened secondary tariffs on Russian oil, effectively driving up overall energy prices…

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With the U.S. NFP release lined up for Friday, traders are paying extra close attention to jobs-related indicators due throughout the week. Don’t forget that Fed policy expectations are on the line lately, thanks to hotter than expected inflation data printed last week. Here’s what to expect for the ISM manufacturing PMI report. 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™ Plus More! Source link

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