Eco Data 1/23/26 – ActionForex

The USD/JPY pair has seen its downside move extend from 147.20 down to 139.57. Currently, the pair remains within a falling price channel on the 4-hour chart, indicating that the downtrend could persist as long as channel resistance holds. Should the price break below the 139.57 support level, it may trigger further declines toward the…

Ethereum continues to pull back on Friday near weekly low Ethereum continues to pull back on Friday near weekly low Source link

The UT Bot is a trend-following indicator that plots buy and sell signals based on price interaction with a dynamic trailing stop line. Unlike moving averages that smooth price data, this indicator creates a channel that expands and contracts based on market volatility. When price closes above the lower band, the indicator signals bullish momentum….

Amid rising market volatility, the US dollar is losing ground: USD/JPY is correcting after a recent bullish impulse, while USD/CAD is retreating from the upper boundary of its medium-term sideways range. This corrective movement was triggered by disappointing US producer price index (PPI) data and speculation surrounding a potential dismissal of Federal Reserve Chair Jerome…

As shown on the S&P 500 chart (US SPX 500 mini on FXOpen), the stock index has reached a new record, surpassing the high set on 11 November. Bullish sentiment on Wall Street was driven by the announcement that Trump has selected Scott Bessent, a renowned investor and hedge fund manager, as Treasury Secretary. A…

I share in todays video some thoughts on gold as well as my forex trading analysis for the week ahead. Including a possible 10X profit on 1 pair. Although we expect the markets to be slow during the summer, that hasn’t always been the case this year. Last week saw the dollar weaken further and…