Author: FX
With traders already on edge over Fed chair speculation and Middle East oil shocks, Monday’s ISM reading could either validate the “bottoming out” narrative or send another jolt through dollar positioning just as Friday’s NFP looms on the horizon. Here are points you need to note if you’re trading next week’s manufacturing survey release! 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
Gold slumps as bets of a more hawkish Fed chair rise; set for best month since 1980 Source link
EUR/JPY is sporting long wicks near a major support zone after trading lower earlier this week. Are we looking at a trend retracement opportunity in the making? Here’s what we’re seeing on the daily time frame: EUR/JPY Daily Forex Chart Faster with TradingView Chart by TradingView In case you missed it, fears of currency intervention from Japanese and even U.S. officials had traders pulling back on their short yen positions. The euro, meanwhile, gave up a few pips as U.S. EU trade tensions eased and U.S. dollar demand improved. Will EUR/JPY’s tides change in the next trading sessions when the…
CAD/CHF appears to be in correction mode, as the pair is closing in on the broken support zone near Fib retracement levels. Will it hold as resistance this time? Better keep tabs on these inflection points on the 4-hour time frame! CAD/CHF 4-hour Forex Chart Faster with TradingView The Loonie continues to draw support from the not-too-dovish Bank of Canada (BOC) decision earlier this week, pulling up from its recent dive to test the Fibonacci retracement levels. The pair is hovering around the 38.2% Fib just above S1 (.5670) but could still go for a higher correction to the 61.8%…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9678 compared to the previous day’s fix of 6.9771 and 6.9459 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese…
The Next Candle Prediction indicator displays a visual projection of the upcoming candlestick based on recent price behavior and momentum patterns. It typically appears as a dotted or semi-transparent candle extension beyond the current bar, showing the expected high, low, open, and close values. Most versions of this indicator calculate predictions using a combination of moving averages, momentum oscillators, and pattern recognition algorithms. The tool analyzes the last 5-20 completed candles (depending on settings) to identify velocity, acceleration, and directional bias. It then extrapolates these values forward one bar. Traders use these projections for entry timing rather than directional decisions.…
BTC/USD just had a big down day, dropping to ~84,400 and closing below the lower line of its Bollinger Bands. When price moves this far out of its “normal” range, it often catches traders’ attention because it can signal two things: either the price may bounce back toward its average, or the downward move might continue. In the next few days, we’ll watch how the price behaves to see which direction it’s more likely to go. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts…
Markets extended losses on Thursday as technology stocks led a broad selloff amid concerns over artificial intelligence spending returns, while geopolitical tensions with Iran pushed oil and gold sharply higher despite the Federal Reserve’s steady policy stance. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: New Zealand Balance of Trade for December 2025: 0.05B (-0.18B forecast; -0.16B previous) New Zealand ANZ Business Confidence for January 2026: 64.1 (73.9 forecast; 73.6 previous) U.K. Car Production for December 2025: 17.7% y/y (6.7% y/y forecast; -14.3% y/y previous) Australia…
Mondelez names CFO Zaramella as COO, starts search for new finance chief Source link