Author: FX
Saif al-Islam Gaddafi, son of late Libyan leader, has been killed, sources say Source link
After crashing below its ascending trend line on the 4-hour time frame, USD/JPY looks prime for a pullback on its bearish reversal. Can the downtrend still resume from here? Take a look at these potential resistance levels! USD/JPY 4-hour Forex Chart Faster With TradingView The Greenback has been on a wild ride lately, tumbling sharply on Trump’s remarks about being comfortable with a weaker dollar then swiftly pulling higher on a hawkish Fed Chair appointee. Meanwhile, Japanese officials have been downplaying intervention threats, spurring an unwinding of long yen positions. Can USD/JPY keep up its climb or is it about…
Earlier:PBOC to inject 800 billion yuan via three-month reverse repo operationYuan seen rising in 2026, but China signals resistance to rapid gainsThe PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. Previous close 6.9397Injects 75bn yuan in 7day RRs @ 1.4% This article was written by Eamonn Sheridan at investinglive.com. Source link
The MT5 divergence indicator solves this problem. It automatically scans charts for these price-momentum discrepancies, highlighting potential reversal points before they become obvious. No more squinting at oscillators or second-guessing what you’re seeing. The signals appear directly on the chart, giving traders an edge in timing entries and exits. Understanding Divergence in Technical Analysis Divergence occurs when price action and a momentum oscillator move in opposite directions. The MT5 divergence indicator typically works with popular oscillators like RSI, MACD, or Stochastic to identify these mismatches. When EUR/USD hits a higher high but the RSI makes a lower high, that’s bearish…
The Elliott Wave Indicator for MetaTrader 5 automatically identifies and labels wave patterns on price charts based on Ralph Nelson Elliott’s wave principle. Instead of manually counting impulse waves (1-2-3-4-5) and corrective waves (A-B-C), the indicator plots these structures in real-time as the price develops. It marks wave positions directly on the chart with numerical labels or letters, depending on whether the pattern is impulsive or corrective. Here’s the thing: Not all Elliott Wave indicators work the same way. Some use zigzag calculations to identify swing highs and lows, then apply Elliott’s rules to label the structure. Others incorporate Fibonacci…
The NZD/USD pair holds positive ground near 0.6050 during the early Asian session on Wednesday, bolstered by a weaker US Dollar (USD). Increased US policy volatility continues to drag the Greenback lower against the New Zealand Dollar (NZD). Traders will take more cues from China’s January RatingDog Services Purchasing Managers Index (PMI) report, which is due later on Wednesday. Data released by Statistics New Zealand showed on Wednesday that New Zealand’s Unemployment Rate rose to 5.4% in the fourth quarter (Q4) of 2025, up from 5.3% in Q3. The figure came in above the market consensus of 5.3% and reached levels last…
Markets digested a surprise rate hike from Australia’s central bank while technology stocks tumbled sharply on fears that AI automation tools could disrupt traditional software business models. Geopolitical tensions in the Middle East lifted oil prices even as equity markets rotated from growth to value. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: New Zealand Building Permits for December 2025: -4.6% m/m (1.0% m/m forecast; 2.8% m/m previous) Japan Monetary Base for January 31, 2026: -9.5% y/y (-10.0% y/y forecast; -9.8% y/y previous) Australia Building Permits…
Global stock index flat with oil rallying on Iran worries as gold, silver rise Source link
Non-farm payrolls and JOLTS were delayed this week but they will soon be rescheduled. The House ended the US government shutdown and surely the Senate will now follow. The vote was 217-214.I don’t think this will lead to much relief in the market as the deal was flagged on the weekend. Trump on Friday also indicated that negotiations were happening and that no one wanted a shutdown.If you read in between the lines on that, it says voters were blaming the Republicans the last time around moreso than the Democrats; though the real loser in all this is always faith…
Standard Chartered’s report indicates that China’s Producer Price Index (PPI) deflation likely eased to 1.5% year-on-year in January, driven by month-on-month increases in metal and energy prices. The report also notes that CPI inflation may have moderated due to base effects, while core CPI likely rose due to gold prices and seasonal factors. The official manufacturing PMI showed a slight decline, suggesting a cautious outlook amid geopolitical risks.PPI and CPI trends in focus”PPI deflation may have eased to 1.5% y/y in January on m/m increases in metal and energy prices.””CPI inflation likely edged down 0.2ppt to 0.6% y/y in January…