Author: FX

Mon: BoJ Summary of OpinionsTue: RBA AnnouncementWed: German Final Inflation (Jul), IEA OMR, OPEC MOMR, US CPI (Jul)Thu: Norges Bank Announcement, UK GDP (Q2), US PPI (Jul)Fri: EZ Employment (Q2) and GDP 2nd Estimate (Q2), US Retail Sales (Jul), US University of Michigan Prelim (Aug)BoJ Summary of Opinions (Mon):The BoJ will release the Summary of Opinions from its July 31st meeting, where the central bank kept rates unchanged at 1.00%, as widely expected, after raising rates at its previous meeting in June. The decision was made by an 8-1 vote, with board member Takata dissenting and proposing a 25bps hike.…

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The MT4 Target Bands Indicator helps solve this problem by giving traders dynamic price bands that highlight potential profit targets and reversal zones. Instead of relying on guesswork, traders can use these projected levels to plan exits, manage trades, and understand where price may slow down. While no indicator predicts the future, Target Bands provide a structured approach that works well alongside trend analysis and support and resistance.The sections below explain how this indicator works, when it performs best, and how traders can use it effectively in real market conditions.What Is the MT4 Target Bands Indicator?The MT4 Target Bands Indicator…

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The Fibo Channel Indicator MT4 helps traders view market trends from a different angle. Instead of relying only on horizontal support and resistance, it creates dynamic Fibonacci-based channel levels that move with price. These levels can highlight areas where pullbacks may end or where price may struggle to continue.One trader testing EUR/USD on the 4-hour chart noticed that several pullbacks respected the 61.8% channel line before the uptrend resumed. It wasn’t perfect every time, but it offered a structured way to plan entries instead of chasing candles. The sections below explain how the indicator works, where it performs best, and…

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The Weis Wave Volume Indicator MT4 helps traders look beyond candles by combining price movement with volume analysis. Instead of focusing on every individual bar, it groups price swings into volume waves, making it easier to spot buying and selling pressure. This gives traders another way to judge whether a trend has real strength or is beginning to fade.Many traders use traditional volume indicators, but they often create too much noise during choppy conditions. The Weis Wave Volume Indicator MT4 simplifies the information by highlighting meaningful waves instead of every small fluctuation. That makes trend analysis easier and provides a…

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DBS Group Research anticipates China’s credit demand to stay weak in July, with new Yuan loans around RMB 10.8 billion and M2 growth at 8% year-on-year. Corporate and household medium- to long-term lending are likely to soften amid cautious borrowing and mortgage prepayments. Elevated precautionary savings and subdued property prices are expected to constrain investment and consumption.Weak lending and elevated savings”Credit demand remains weak, with new yuan loan is expected to stay at RMB10.8bn in July.””Both corporate and household medium- to long-term lending likely softened amid cautious borrowing sentiment and continued mortgage prepayments.””M2 growth is expected to remain at 8.0%…

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