Author: FX
The Euro appreciates further on a positive ECB Lending Survey and a softer US Dollar.The US Dollar has lost momentum on growing concerns about Trump’s tariffs.Fed Chairman Powell will speak on Tuesday amid pressures to resign from President Trump.The EUR/USD pair is posting marginal gains ahead of the US Session opening on Tuesday as the US Dollar retreats further with trade uncertainty growing. Meanwhile, a rather positive Lending survey from the European Central Bank (ECB), released earlier on the day, has provided additional support to the common currency.The Euro (EUR) has turned positive on the daily chart and returned above…
The Cluster Box Vertical Cross Section of the Market MT4 Indicator visually breaks down where volume is building up across different price levels. It draws vertical “cluster boxes” on the chart, showing where most trades are taking place within a specific range. This helps traders see where buying or selling pressure is strongest. Each box gives a clear view of market interest, letting traders spot potential turning points more easily. Why It Matters in Real Trading Many indicators focus only on price movement, but this one adds volume data into the picture. That’s important because volume often confirms whether a…
Asker Healthcare Q1 2025 slides: sales up 16% as acquisition strategy advances Source link
Remember that gold symmetrical triangle we had our eyes on early this month? The chart pattern is still intact, and the precious metal is back to testing the top! Take a look at these inflection points to gauge if a breakout may be due. Gold (XAU/USD) 4-hour Forex Chart by TradingView As market sentiment and dollar price action continues to toss and turn, gold has found itself still stuck inside its triangle holding pattern that’s been holding since late April. But with the consolidation getting tighter and tighter, is the precious metal prime for a breakout soon? Remember that directional…
Dollar bears painted the town red almost the entire day while risk assets tossed and turned, as markets awaited the August 1 tariffs deadline. Here are headlines you may have missed in the last trading sessions! Headlines: Japan’s Upper House elections led to loss of majority for ruling coalition New Zealand Inflation Rate for Q2 2025: 0.5% q/q (0.3% q/q forecast; 0.9% q/q previous); 2.7% y/y (2.1% y/y forecast; 2.5% y/y previous) U.S. Treasury Secretary Bessent said that it’s the quality of the trade deals that matter, not the timing Canada PPI for June 2025: 1.7% y/y (2.5% y/y forecast;…
USD/CHF is finding technical support from a previous area of interest! Will this help the pair extend its weeks-long uptrend? Let’s take a closer look at the 4-hour chart: USD/CHF 4-hour Forex Chart by TradingView The U.S. dollar retraced its gains against the Swiss franc last week, after FOMC member Waller openly backed rate cuts. That, along with upbeat U.S. data lifting risk appetite, gave the franc a leg up. Fresh tariff threats out of Washington also weighed on the dollar, dragging USD/CHF below the .8000 mark. Remember that directional biases and volatility conditions in market price are typically driven…
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After months of political uncertainty and rising prices straining voters, Japan’s ruling coalition has officially lost its majority in the upper house election, marking the first time since 1955 that the LDP has lost control of both parliamentary chambers. For traders out there who need a quick 411 on what’s been happening, here are four things you need to know about the historic election results. The ruling coalition suffered a historic defeat Prime Minister Shigeru Ishiba’s Liberal Democratic Party and coalition partner Komeito won only 47 seats, falling short of the 50 needed to retain their majority in the 248-seat…
The Several Moving Average MT4 Indicator is a technical tool that displays multiple moving averages on one chart. These lines represent different periods, like short-term and long-term trends. By showing several moving averages together, traders can quickly spot the overall direction of the market and identify potential reversals. It’s a simple yet powerful way to keep track of momentum and trend strength in real time. Why It Matters in Trading When traders use only one moving average, they may miss important shifts in the trend. But with several moving averages, the picture becomes much clearer. For example, when shorter averages…
US appeals court allows Trump administration to remove deportation protections for Afghans, Cameroonians Source link