Asia FX firms as dollar dips ahead of key data; yen surges on intervention threat

After the modest gains yesterday, we’re seeing precious metals cool off a little in trading so far today. After a setback late last week, there was a notable bounce from the lows especially in silver. The precious metal itself is up 27% from its Friday low near $64 but the bounce we’re seeing since remains…

Random walk theory argues that market prices move erratic, making it difficult to analyse past data for an advantage. It suggests that technical and fundamental analysis provide little to no edge, as prices instantly reflect all available information. While some traders embrace this idea, others challenge it. This article explores the theory, its implications, criticisms,…

Divergence occurs when price action and a momentum oscillator move in opposite directions. The MT4 divergence indicator automates the process of spotting these discrepancies across multiple timeframes and currency pairs. Instead of manually drawing trendlines on both price and oscillator windows, the indicator does the heavy lifting. Most MT4 divergence indicators scan for four types:…

iM Global Partner (iMGP) unveiled its new European equities fund, iMGP Euro Select Fund, on Wednesday.  The firm said it will be managed by Zadig Asset Management, a specialist in European equities.  The fund, targeting Eurozone companies, aims to provide an investment solution that is seen as a “one-stop shop” for Zadig’s best ideas. The…

Are you wondering how to fix my mailbox OST, not an Outlook data file? Then, here we have shared the reliable techniques to resolve this error by using manually and SysTools OST to PST Converter. Microsoft Outlook application is the most widely used email application in corporate and personal needs. It stores all its mailbox…

The EUR/USD pair was a tad higher during the first half of the European session, but just like the previous day the small gains could prove to be short-lived as the US dollar continues to strengthen across the board. With today’s macroeconomic calendar being relatively quiet again, the focus will remain on the upcoming US…