Author: FX

Gold finally cracked below $4,000 this week, leaving the metal down about 29% from its January 29, 2026 record high of $5,595. A hawkish Fed, still elevated real yields, and the slow fade of the Middle East risk premium all showed up at the same time, and gold bulls didn’t have much room to argue. Now the chart has a pretty simple job. Either a long-term structural floor holds and buyers try to steady the ship, or this selloff still has more downside work to do. Source link

Bitcoin slid with chip stocks, but nearby support and a key inflation print could decide whether buyers get a bounce. Source link

The May 2026 flash PMI data reveal a fractured global economy: manufacturing holds up while services falter, and a war-driven inflation surge complicates the picture for central banks and forex traders alike. Let’s break down the numbers to see what they’re all implying about the global economy and its outlook. What Actually Is a Flash PMI? PMI stands for Purchasing Managers’ Index. Every month, S&P Global surveys hundreds of purchasing managers at private companies across more than 30 economies. These managers sit close to the economic action because they place orders before production starts, so their responses tend to move…

Summary:IRGC Navy rejected the Omani-IMO Hormuz transit framework, calling the proposed route unacceptable and a serious safety risk, giving oil a brief pop though rising traffic through the strait remains the dominant price weightBOJ board member Tamura called for rate hikes every few months toward a 2% neutral rate, said underlying inflation has already reached 2%, and warned the BOJ should not hesitate to accelerate if upside price risks heightenAustralia added 40,300 jobs in May and unemployment fell to 4.4%, but the April revision to minus 40,700, a part-time-heavy composition and a 1.1% fall in hours worked tempered the headline;…

XAG/USD depreciates for the third successive day, trading around $56.90 per troy ounce during the Asian hours on Thursday. Silver price is facing steady headwinds as market expectations shift toward tighter monetary policy from the Federal Reserve (Fed). This hawkish momentum gained traction after Fed Chairman Kevin Warsh emphasized a strict commitment to curbing inflation, noting that the broader economy remains on a stable footing. Reflecting this shift, the CME FedWatch tool indicates that markets are now pricing in an 83.1% probability of a rate hike by December.These rising Fed interest rate expectations have completely overshadowed the deflationary progress seen…

GBP/JPY has formed higher lows and lower highs to consolidate inside a symmetrical triangle. Now that it’s testing support, will we see a breakout next? Source link

The Non Repaint Arrow Indicator MT4 changes that equation. It waits for the candle to close completely before it prints a blue buy arrow or red sell arrow. Once the arrow appears, it stays put—no redraws, no disappearing acts, no second thoughts. Traders get a clear, fixed signal they can trust for entries. That reliability lets them focus on trade management instead of wondering if the indicator changed its mind. From here, we break down exactly what makes this tool tick, how traders apply it across different pairs and timeframes, and where it fits into a solid trading plan. What…

The Imbalance Indicator MT4 was designed to help traders spot these market inefficiencies directly on the chart. It highlights areas where price moved too aggressively in one direction, leaving behind an imbalance between buying and selling pressure. Traders then use those zones as possible entry, continuation, or reversal areas. Here’s how this indicator works in real market conditions and where it fits into a practical forex trading plan. What Is the Imbalance Indicator MT4? The Imbalance Indicator MT4 is a price action tool that identifies gaps or inefficient price movements created by strong institutional activity. In forex trading, an imbalance…

The market’s muted response to both the BOJ hike and the Katayama-Bessent alignment language is the most telling signal in MUFG’s note: verbal intervention and policy tightening are doing the job of slowing yen weakness but neither is reversing it, which leaves Tokyo increasingly reliant on the credibility of the threat rather than its execution. USD/JPY remaining below 161.95 shows the threshold is being respected, but the inability of 16 basis points of priced October hikes to generate a meaningful yen recovery suggests structural selling pressure is overwhelming the rate differential story. The joint intervention angle is the wildcard: Washington’s…

EUR/JPY’s recent pullback is nearing key support, raising the question of whether buyers step in or sellers extend the move. Source link