Similar Posts
EUR/USD continues to find a technical foothold, but downside pressure is mounting
EUR/USD managed to keep a hold of 1.1050 on Tuesday, but action is tilted downside. US PMI figures that flubbed forecasts stoked a fresh bid into the Greenback. US NFP labor numbers due this week will be a guiding print for Fed rate cut depth. EUR/USD tilted further into the low side on Tuesday, with…
Three SFC Cases Go To Court, Regulator Celebrates 35 Years
The Securities and Futures Commission of Hong Kong (SFC) has indicated that the Eastern Magistrates’ Court granted the transfer of three high-level ramp-and-dump cases to the District Court on Wednesday 19 June 2024. According to the financial watchdog, 18 defendants face charges under the Securities and Futures Ordinance. These vary from conspiracy to defraud to…
FX CHAOS MT4 Indicator – ForexMT4Indicators.com
The FX CHAOS MT4 Indicator is a visual trading tool that helps spot market direction using a combination of moving averages, trend detection, and smoothed price action. It draws colored bands or lines on the chart, making it easy to tell whether the market is trending up, down, or staying flat. The name “CHAOS” reflects…
Weekly Forecast Newsquawk Week Ahead Highlights
Highlights include Potential Fed Chair pick, US ISM PMIs, US PCE, EZ CPI, Canada Jobs, Swiss CPI SUN, Opec-8 Meeting Weekly Forecast MON: South Korean Prelim Trade Balance (Nov), Chinese Rating Dog Manufacturing PMI Final (Nov), EZ/UK/US Manufacturing PMI Final (Nov), US ISM Manufacturing PMI (Nov), South Korean CPI (Nov) TUE: EZ Flash CPI…
Chart Art: USD/CHF Is Facing A Major Resistance At .8700!
USD/CHF can’t seem to bust through a key technical resistance zone! Is it time to short the Greenback against its fellow safe haven? We’re taking a closer look at the daily chart! USD/CHF 1-hour Forex Chart by TradingView The U.S. dollar can’t seem to sustain gains above the .8700 psychological handle against the Swiss franc…
ETHUSD Pulls Back from 2-Month High – Action Forex
ETHUSD posts fresh 2-month high following ETF approval But sustains some losses as advance seems overstretched Momentum indicators ease from overbought conditions ETHUSD (Ethereum) has been on the rise after claiming the 50-day simple moving average (SMA) in mid-May. Moreover, the regulatory approval of spot-Ethereum ETFs in the US boosted the price to a fresh…
