Summary 1/13 – 1/17 – Action Forex

The Golden Line MT5 Indicator is a trend-following tool that plots a dynamic line on price charts, adjusting its position based on recent price momentum and volatility. Unlike simple moving averages that just calculate average prices, this indicator weighs recent data more heavily and incorporates volatility measurements to adapt faster during trending markets while staying…

Gold – 11.06.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link

By ForexTime  US500 plummets to lowest since August; after Thursday’s biggest 1-day drop since pandemic China announces tariff retaliation ahead of Friday’s NFP, Powell speech Week Ahead: EU retaliation, US CPI, and earnings season could trigger more big moves! Markets may not find comfort from Fed speakers next week Technical rebound likely not sustained, barring…

Elliott Wave structure of Freeport-McMoRan (NYSE: FCX) suggests the completion of a major correction and the beginning of a new bullish cycle, supported by rising global copper demand and strong market momentum. Freeport-McMoRan Inc. (NYSE: FCX), one of the world’s leading copper producers, continues to display a strong bullish structure in the long term. According…

It’s been a light session in terms of news releases and market moves. On the data front, the main highlight was the German ZEW survey which collapsed to -0.5 vs 58.3 in the prior month. The US-Iran war and the surge in energy prices were responsible for this poor reading. On the news front, we…