Author: FX
The RFTL MT4 Indicator is a trend-following tool used by traders to identify market trends and potential reversal points in real time. It works with the popular MetaTrader 4 (MT4) platform, a favorite among traders worldwide. The indicator uses a combination of mathematical algorithms and historical price data to provide accurate and timely signals. Unlike many other indicators, which can lag behind price action, the RFTL MT4 Indicator delivers near-instantaneous results, allowing traders to make decisions quickly and with more confidence. Whether you are a beginner or an experienced trader, it helps simplify the technical analysis process and gives you…
UK's trade deficit widens in April Source link
Bitcoin turned lower after hitting a key area of interest! How low will the OG crypto go before the bulls spot a path clearer than Apple’s Liquid Glass? We’re taking a closer look at the 4-hour chart! Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView Bitcoin slipped on Wednesday as rising tensions in the Middle East and a lackluster U.S.-China deal put a lid on risk appetite. At the same time, the U.S. dollar struggled to hold its ground after a cooler-than-expected CPI report added fuel to expectations for more Fed rate cuts. Remember that directional biases and volatility conditions in…
The RPoint MT4 Indicator is designed to assist traders in identifying potential reversal points in the market. By analyzing historical price data and current trends, it signals where the market is likely to change direction. This makes it a valuable asset for traders looking to enter or exit trades at the most opportune moments. The indicator uses complex algorithms to calculate these points, making it highly effective in both trending and sideways markets. How It Works The RPoint MT4 Indicator works by analyzing past price action and key support and resistance levels. It looks for patterns that indicate the market…
EUR/JPY has been cruising steadily higher inside an ascending channel on its 4-hour time frame, and it looks like a trend pullback could be due soon. Here are the support levels to watch on the 4-hour time frame: EUR/JPY 4-hour Forex Chart by TradingView Yen traders appear to be easing up on their hawkish BOJ expectations over the past few weeks since Governor Ueda has been highlighting global trade uncertainty in his latest speeches. At the same time, concerns about super-long Japanese bond yields are also weighing on the currency while risk-on flows from US-China trade talks are coming in…
Markets appeared less enthusiastic about trade negotiations between the U.S. and China while turning their attention to the U.S. inflation report for May. Meanwhile, worsening geopolitical tensions in Iran sparked a huge rally for crude oil later in the day. Here are headlines you may have missed in the last trading sessions! Headlines: Japan’s PPI slumped from 4.1% to 3.2% y/y in May vs. 3.5% forecast API reported reduction of 370K barrels of oil vs. estimated 700K increase U.S. and Mexico reportedly nearing a deal on tariffs and steel imports U.S. Commerce Secretary Lutnick said that they achieved “a handshake…
Chinese state media with the report, probably seeking to contrast with the overtly heavy handed restrictions being enforced in the us. China’s National Immigration Administration announced that, starting June 12, Indonesian travellers will be eligible for the country’s 240-hour visa-free transit policy. This brings the total number of participating countries to 55.The policy allows eligible travellers with valid documents and a confirmed onward ticket to a third destination to transit through China for up to 240 hours without a visa. It applies at 60 designated entry points across 24 regions, including major cities like Beijing and Shanghai. Later this year,…
Headline US CPI rose only 0.1% in May, marking a deceleration from April’s 0.2% uptick and supporting the Fed’s cautious policy stance. Here’s how USD reacted. Source link
The United States (US) is scaling back the number of personnel in the Middle East as the tensions between Israel and Iran escalate, per Reuters. US President Donald Trump said on Wednesday that the US would not allow Iran to have a nuclear weapon.Reuters reported earlier on Wednesday that the US is planning a partial evacuation of its Iraqi embassy and will allow military dependents to depart places around the Middle East, citing security risks in the region. Market reactionAt the time of writing, the Gold price (XAU/USD) is trading 0.46% higher on the day to trade at $3,370. Risk sentiment FAQs…
Thai ruling party grapples with border crisis, thorny court case amid bleak economy Source link