Author: FX
The STI OBOS (Overbought/Oversold) indicator is a momentum-based oscillator built for the MT4 platform. Like RSI or Stochastic, it tracks price relative to a recent range. But the STI version applies a smoothing layer and a trend-bias filter — meaning it doesn’t flag overbought conditions the same way during a strong uptrend as it would in a ranging market. The core calculation looks at the ratio of recent closes to a defined lookback period, then smooths that reading with a moving average before plotting the signal line. What traders see on the chart is a bounded oscillator, typically ranging from…
US, Iran no closer to ending war as Gulf clashes flare Source link
VWAP stands for Volume Weighted Average Price. Unlike a simple moving average that treats every candle equally, VWAP weights each price by the volume traded at that level. The result is a single line that reflects the true average price paid by market participants over a given session. Here’s the thing — institutional traders, algorithmic systems, and large funds often benchmark their execution against VWAP. That means when price drifts far above or below the VWAP line, there’s a structural reason to expect a reversion or at least hesitation. Retail traders who understand this can position themselves with smart money…
Rabobank strategists assess how the US and Israel’s war against Iran could affect China. They note higher Oil and gas prices and global cost-push inflation, but argues China’s inflation is unlikely to force PBOC tightening. However, Rabobank cuts China’s 2026 Gross Domestic Product (GDP) forecast to 4.5%, with higher inflation and unemployment expected.War-driven shocks and China’s resilience”Oil and gas prices have shot up and have remained extremely volatile since the start of the US and Israel’s war against Iran, leading to upside inflation risks globally.””China has been well prepared for oil supply disruptions and could partially make up for the…
The Strait of Hormuz dominated the May 4–8 trading week, whipsawing markets between war-premium surges and peace deal relief — with a blockbuster U.S. jobs report landing right in the middle. Source link
ING’s Chief Economist for Greater China, Lynn Song, notes that Taiwan’s April trade data showed slower export and import growth versus expectations, with the trade surplus easing to USD14.35bn. Semiconductor and machinery exports remained strong, while higher Oil prices started to lift import values. ING still expects robust trade momentum and sees upside risks to its 2026 Gross Domestic Product (GDP) growth forecast of 8.2% YoY.Exports miss forecasts but momentum holds”Taiwan’s export growth slowed to 39.0% YoY in April, down from 61.8% YoY in March, and falling well short of market forecasts on the month.””One area where Taiwan is continuing…
Standard Chartered’s Aldian Taloputra notes Indonesia’s GDP growth accelerated to 5.6% year-on-year in Q1 2026, driven by front-loaded fiscal stimulus, seasonal festival spending and limited pass-through from higher Oil prices. The bank expects growth to ease as these one-off supports fade, keeps its 2026 GDP forecast at 5.2%, and now projects a wider 2026 fiscal deficit of 2.9% of GDP.Q1 strength seen as unsustainable”Indonesia’s GDP growth accelerated to 5.6% y/y in Q1 (from 5.4% the previous quarter), the fastest pace since 2022.””Despite the strong Q1 headline print, growth remains government-driven; private-sector momentum remains modest given cautious business sentiment and subdued…
Morgan Stanley Direct Lending targets Capstone JV scaling to ~$700M in assets over 4 to 6 quarters Source link
Silver (XAG/USD) price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar (USD) weakness and falling Oil prices. At the time of writing, XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.XAG/USD Price Analysis: Technical outlookSilver is testing the weekly high reached on Thursday at $82.13, but so far has failed to clear it. Momentum remains bullish, as indicated by the Relative Strength Index (RSI), but they must clear key overhead resistance.On the upside, the first key resistance is $80.50. Once cleared, the next areas of interest…
Markets:WTI crude oil down 7 cents to $94.76US 10-year yields down 3.2 bps to 4.36%Gold up $30 to $4716S&P 500 up 0.8%GBP leads, USD lagsThe tech optimism is at a fever pitch as the Nasdaq climbed for the sixth straight week, adding 30% in that time and another 5% this week. Chip names continued to soar as Micron gained 15% and Intel 14% among others. The enthusiasm for AI is grossly overshadowing any worries about oil prices or rate hikes.On oil prices, they finished the day flat after climbing earlier. A late WSJ report indicated progress on a 14-point one-page…