Author: FX

The Swing High Swing Low Indicator works by scanning a specific number of bars to the left and right of a potential pivot point. When price forms a high that’s higher than a set number of bars on both sides, it marks a swing high. The same logic applies in reverse for swing lows—the indicator flags a low that’s lower than surrounding bars on both sides. Here’s where it gets practical. Most versions use a default setting of 5 bars on each side, meaning the indicator needs 5 bars to the left and 5 to the right to confirm a…

Markets will be watching closely on Thursday, when the United Kingdom’s (UK) Office for National Statistics (ONS) will release the advance estimate of Q4 Gross Domestic Product (GDP).If the data land in line with consensus, the UK economy would have continued to grow at an annualised pace of 1.2%, compared with 1.3% recorded the previous year. If forecasts match, it would suggest a steady but uninspiring outcome, hinting that momentum is starting to level off. On a QoQ basis, GDP is expected to show a modest expansion of 0.2%, slightly above the 0.1% in Q3, reinforcing the idea of an…

Uncle Sam’s January jobs report already beat expectations, so can it go two-for-two with an upbeat CPI release? Or will a major miss still weigh on a hawkish Fed bias? Here’s what to expect from this top-tier 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

GBP/CHF looks set to extend a weeks-long downtrend! Will the pair draw in bearish pressure in the next trading sessions? Here’s what we’re seeing on the 4-hour time frame: GBP/CHF 4-hour Forex Chart Faster with TradingView The British pound ran into trouble earlier this week as traders ducked into the safe haven Swiss franc. Uncertainty ahead of key U.S. data kept nerves on edge, and brief political noise around PM Starmer did not help matters. Meanwhile, the franc enjoyed a tailwind from broad U.S. dollar weakness as markets positioned for softer retail sales. But that bid faded quickly after a…

The U.S. labor market delivered a surprisingly robust performance to start 2026, adding 130,000 jobs in January—nearly double economists’ expectations—while the unemployment rate ticked down to 4.3%, according to data released Wednesday by the Bureau of Labor Statistics. The strong headline figure reinforces the Federal Reserve’s case for keeping interest rates on hold through the remainder of Chair Jerome Powell’s term, which expires in May, as policymakers await clearer evidence that inflation is returning to target. Key Takeaways Nonfarm payrolls: Added 130,000 in January (vs. 65,000-75,000 expected) Unemployment rate: Fell to 4.3% from 4.4% in December (matching expectations) Prior months…

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.Previous close 6.9106PBOC inject 166.5bn yuan via 7-day RRs @1.4% This article was written by Eamonn Sheridan at investinglive.com. Source link

MACD divergence occurs when price action and the MACD histogram move in opposite directions. Regular bearish divergence happens when price makes higher highs but the MACD makes lower highs—momentum is weakening even as price climbs. Regular bullish divergence is the mirror image: price makes lower lows while MACD forms higher lows. The MT5 version automates the detection process. Instead of squinting at charts looking for these patterns manually, the indicator scans price swings and MACD peaks, then draws connecting lines when it finds a mismatch. It typically marks these with trendlines or arrows directly on your chart. What separates this…

BNY’s Head of Markets Macro Strategy Bob Savage reports strong demand for Chinese bonds sold in Hong Kong, with yields at decade lows after PBoC liquidity injections ahead of Lunar New Year. At the same time, Chinese CPI and PPI undershot expectations, reinforcing a deflationary backdrop and prompting authorities to pledge more proactive macro policies as domestic demand and industrial profits remain weak.Offshore bonds and deflation pressures”Debt demand: China sold ¥14bn of bonds in Hong Kong at a 3.94 bid/cover ratio, with yields dropping to 2013 lows: 2y at 1.38%, 3y at 1.40% and 5y at 1.57%. The PBoC has…

USD/JPY has backed off its recent highs and is now sitting right on a support area. This area is shaping up to be a bit of a make-or-break spot. Traders are watching closely to see if the recent selling is running out of steam or just taking a quick pause before another push lower. With volatility still hanging around and macro themes in the mix, how the price reacts here could set the tone for the next move. Is this where USD/JPY finds its footing, or is there more downside ahead? Welcome to “TA Alert of the Day.” Each day…

Markets briefly rallied on surprisingly strong January employment data that blew past expectations, though skepticism remained about the Federal Reserve’s rate-cutting path as policymakers emphasized the need for clear evidence of sustained disinflation before supporting further easing. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: Australia Investment Lending for Homes for December 31, 2025: 7.9% (5.0% forecast; 17.6% previous) Australia Home Loans QoQ for December 31, 2025: 10.6% (2.0% forecast; 4.7% previous) China CPI Growth Rate for January 2026: 0.2% m/m (0.4% m/m forecast; 0.2% m/m…