United States ISM Services PMI came in at 50.1 below forecasts (51.5) in July

There are two things that the market considers with economic data: What the Fed will do What the Fed should do Now those two things are usually aligned but not always. The heavy politicization of the Fed has the market worried about unwise rate cuts now and into next year. Today’s UMich consumer sentiment and…

Strategy: 3/12 Tunnel The 3/12 Tunnel is a trend-following strategy. This straight forward approach utilizes 3 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be…

By RoboForex Analytical Department The EUR/USD pair dipped to 1.1738 on Friday as the US dollar staged a modest recovery, though it remains on track for a weekly decline. Investors continue to weigh developments in trade negotiations while awaiting next week’s Federal Reserve meeting. Recent reports suggest the US and EU are nearing a trade…

Introduction The ClusterPath Indicator represents a paradigm shift in technical analysis, leveraging rolling K-means clustering algorithms to transform raw price data into actionable trend channels. Unlike traditional indicators, this machine-learning-powered tool dynamically groups price points into clusters, generating three critical zones: Upper (resistance), Average (median), and Lower (support). These zones adapt in real-time to market volatility, offering a statistically…

John Swinney has been accused of signalling “18 months of managed decline” in the run-up to the next Scottish parliament elections, as he set out his inaugural programme for government the day after his finance secretary announced savage cuts to fill a £1bn hole in this year’s government finances. Anas Sarwar, the Scottish Labour leader,…