Author: FX

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – is seen consolidating the previous day’s heavy losses and trading around the $81.00 mark, just above a one-week high set during the Asian session on Tuesday. Traders now seem hesitant and opt to wait for further developments surrounding the Middle East crisis before placing fresh directional bets.Diplomatic efforts gained traction after the US paused its bombing campaign against Iran late on Friday, following roughly two weeks of strikes. Adding to this, US President Donald Trump said on Monday the US was having good talks with Iran and that…

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The Support and Resistance Breakout Indicator MT4 helps traders recognize when price is attempting a genuine breakout instead of another failed test. Missing these moves can mean giving up dozens of pips, while chasing false breakouts often leads to unnecessary losses and frustration. After several losing trades, many traders begin doubting their strategy rather than their entry timing.This indicator focuses on identifying important price levels and highlighting potential breakout opportunities as they develop. Instead of guessing where the market might move next, traders receive a clearer picture of where buying or selling pressure is increasing. The sections below explain how…

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Brown Brothers Harriman’s (BBH) Elias Haddad reports that the Indonesian Rupiah (IDR) and Jakarta equities underperformed after Bank Indonesia Governor Perry Warjiyo unexpectedly resigned two years before his term ends, raising concerns about political interference. While BI’s independence is under scrutiny, Haddad argues that supportive growth, manageable external metrics and undervaluation should limit further downside for the Rupiah.Governor exit stirs policy independence worries”IDR and the Jakarta stock price index underperformed. Bank Indonesia (BI) Governor Perry Warjiyo resigned for unspecified “personal reasons,” two years ahead of the end of his second five-year term.””His resignation increases the risk of political interference in…

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