Author: FX

Remember that head and shoulders pattern we were watching on gold? Well, the precious metal already broke below the neckline and looks ready for a quick retest. Can this be an opportunity to catch a longer-term selloff? Gold (XAU/USD) 4-hour – Chart Faster with TradingView After riding high on geopolitical uncertainty, gold tumbled sharply below its longer-term rising trend line as dollar domination became the next new market theme. The latest FOMC statement, which featured a hawkish pivot from main man Powell himself, brought safe-haven flows back to the U.S. currency since policymakers highlighted economic resilience and upside inflation risks.…

Read More

EUR/CHF is in correction mode on the daily time frame, and it looks like this former support zone could hold as a ceiling. If so, how low can the pair go? Check out these inflection points on the long-term chart! EUR/CHF Daily Forex – Chart Faster with TradingView This euro pair has been selling off ever since it crashed below the key support zone around the .9200 major psychological mark earlier this year. After all, safe-haven flows have been piling into the Swiss franc while the Middle East conflict continues to stoke global uncertainty. However, SNB officials have also been…

Read More

The Bank of England’s Monetary Policy Committee voted unanimously to keep Bank Rate on hold at 3.75% at its March 2026 meeting, as a sharp spike in global energy prices triggered by conflict in the Middle East forced policymakers to shift their focus back to inflation risks. Markets had been pricing in a 7-2 vote in favor of keeping rates unchanged, as several members noted that they would have supported a 25 basis point cut at this meeting had the US-Iran war not happened. Key Takeaways Unanimous hold at 3.75%. All nine MPC members voted to maintain Bank Rate, pausing…

Read More

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.PBOC injects 20.5bn yuan in 7-day reverse repos at 1.4% (unchanged) in open market operationsEarlier the PBOC left Loan Prime Rates (LPR) unchanged for a 10th consecutive month at 3.5% for 5 year and 3% for 1 year. This article was written by Eamonn Sheridan at investinglive.com. Source link

Read More

The MT5 correlation indicator solves this by revealing the statistical relationship between currency pairs in real-time. Instead of guessing whether EUR/USD and GBP/USD will move in tandem, traders get quantifiable data showing exactly how strongly these pairs correlate over specific periods. What Is the MT5 Correlation Indicator? The correlation indicator measures the strength and direction of the relationship between two currency pairs. It calculates correlation coefficients ranging from +1.0 to -1.0. A reading of +1.0 means two pairs move in perfect lockstep—when one goes up, the other follows. A reading of -1.0 indicates perfect inverse correlation—one rises while the other…

Read More

Japanese Prime Minister Sanae Takaichi attempted to reiterate her support for US President Donald Trump on Thursday after the president this week seemed to complain that Japan was among the nations that did not quickly join his call to help protect the Strait of Hormuz.Japan avoided either endorsing or directly criticizing the US-Israeli strikes on Iran that began on February 28 and instead called for de-escalation. The conflict is highly unpopular in Japan, whose post-World War II constitution restricts its military to self-defense.Earlier Thursday, the leaders of five European countries and Japan issued a joint statement demanding that Iran stop attacks…

Read More

Thursday was one of the most volatile sessions of the ongoing Iran war, as fears of central bank rate hikes collided with whipsawing oil prices and a broad unwind of safe-haven flows, leaving the U.S. dollar as the session’s clear underperformer while gold suffered one of its sharpest single-day losses in weeks. A barrage of central bank decisions from the BOJ, SNB, BOE, and ECB all delivered holds on rates, but each carried hawkish undertones warning of inflation risks tied to the Middle East conflict, before late de-escalatory signals out of Washington and Jerusalem helped pare losses in oil and…

Read More

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…

Read More

The USD/CHF trades more softly during the North American session despite the Swiss National Bank (SNB)’s efforts to intervene verbally in the forex markets to depreciate the Swiss Franc. Broad US Dollar weakness pushed the major down 0.31% to 0.7906.USD/CHF Price Forecast: Technical outlookThe technical picture shows that USD/CHF buyers emerged at around 0.7830, pushing the pair higher amid US Dollar strength on Wednesday. The pair hit an eight-week high at 0.7957, slightly above the 200-day Simple Moving Average (SMA) at 0.7951, which increased the chances for further upside.Since then, the USD/CHF has retreated towards the 0.79 level, but short-term…

Read More