Author: FX

This week delivered something rare in modern markets: six of the world’s biggest central banks announced their policy decisions within days of each other. The RBA on Tuesday, the Fed on Wednesday, then the Bank of Japan, European Central Bank, Bank of England, and Swiss National Bank all landed on Thursday. Five held rates. One hiked. But here’s what beginners need to understand: it’s never really about the rate decision itself—it’s about the message. And this week, the messages from these six banks were strikingly different, with one common thread tying them all together: the war in Iran. What Happened:…

The CHF weakened initially (USDCHF moved higher) after the SNB signaled a willingness to intervene following its decision to keep rates unchanged on Thursday. The pair extended to a high of 0.7957, stalling just ahead of a downward-sloping trendline on the 4-hour chart.However, the upside momentum could not be sustained. Broad-based USD selling during the North American session triggered a rotation lower, pushing the price back below the 100-hour MA. A rebound during the Asian session lifted the pair back above that level (currently near 0.7885), but once again, buyers failed to maintain control.The pair has since rotated lower, dipping…

GBP/USD retreats on Friday, trading around 1.3380 at the time of writing, down 0.39% on the day, after Thursday’s strong rally following the Bank of England (BoE) decision. The corrective move comes as the US Dollar (USD) regains some traction, despite a broader backdrop shaped by a hawkish repricing of global monetary policy.The Bank of England kept its rate unchanged at 3.75%, as expected, but surprised markets with a unanimous 9-0 vote, versus expectations of a 7-2 split in favor of a hold. This shift is particularly notable given the previous narrow 5-4 decision. The tone is clearly more hawkish,…

The MT5 Pinbar Indicator solves this recognition problem by automatically scanning charts for these price rejection patterns. Instead of second-guessing whether that candle qualifies as a legitimate pinbar, traders get visual alerts the moment these setups form. This tool doesn’t predict the future, but it does highlight where buyers or sellers got aggressively rejected—information that can shift the odds in your favor when combined with proper context. What Makes a Pinbar Worth Trading A pinbar (pin bar, or hammer/shooting star in candlestick terminology) shows a sharp rejection of price. The MT5 Pinbar Indicator identifies these formations by analyzing the relationship…

German producer prices -0.5% vs +0.3% m/m expectedPrior -0.6%; revised to -0.1%This will arguably be the last report before it all changes up due to the Middle East conflict. As such, I wouldn’t look much into this as the data is rather dated at this point in time. The main drag for the lower producer prices in February was due to energy prices. That is seen down 1.8% on the month and down 12.5% compared to February 2025.Yes, the script will flip when we get to March due to a surge in European gas prices surely. So, this latest report…

Gold price (XAU/USD) rebounds to near $4,705, snapping the seven-day losing streak during the early European session on Friday. The precious metal edges higher as the ongoing US-Iran conflict spikes demand for safe-haven assets. Traders will closely monitor the situation in the Middle East.Iranian Foreign Minister Abbas Araghchi vowed to show “ZERO restraint” if the country’s energy infrastructure were hit again, per Bloomberg. Meanwhile, Saudi Foreign Minister Faisal bin Farhan Al Saud warned that the kingdom’s restraint isn’t “unlimited” and added it could take military action. Rising geopolitical risks could boost traditional safe-haven assets such as Gold in the near term.On…

Asian markets mixed after oil prices ease Source link

Oil retreats as US and allies look to boost supply, unchoke Strait of Hormuz Source link

Remember that head and shoulders pattern we were watching on gold? Well, the precious metal already broke below the neckline and looks ready for a quick retest. Can this be an opportunity to catch a longer-term selloff? Gold (XAU/USD) 4-hour – Chart Faster with TradingView After riding high on geopolitical uncertainty, gold tumbled sharply below its longer-term rising trend line as dollar domination became the next new market theme. The latest FOMC statement, which featured a hawkish pivot from main man Powell himself, brought safe-haven flows back to the U.S. currency since policymakers highlighted economic resilience and upside inflation risks.…

EUR/CHF is in correction mode on the daily time frame, and it looks like this former support zone could hold as a ceiling. If so, how low can the pair go? Check out these inflection points on the long-term chart! EUR/CHF Daily Forex – Chart Faster with TradingView This euro pair has been selling off ever since it crashed below the key support zone around the .9200 major psychological mark earlier this year. After all, safe-haven flows have been piling into the Swiss franc while the Middle East conflict continues to stoke global uncertainty. However, SNB officials have also been…