FX Weekly Recap: September 9 – 13, 2024
The major currencies saw increased volatility & unusual price action as traders repriced their interest rate biases, and reacted to data releases and risk sentiment shifts.
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MT5 MACD Divergence Indicator – ForexMT4Indicators.com
MACD divergence occurs when price action and the MACD histogram move in opposite directions. Regular bearish divergence happens when price makes higher highs but the MACD makes lower highs—momentum is weakening even as price climbs. Regular bullish divergence is the mirror image: price makes lower lows while MACD forms higher lows. The MT5 version automates…
CPI inflation falls to 3.7% YoY in February vs. 3.8% expected | FXStreet
Australia’s Consumer Price Index (CPI) climbed by 3.7% year-over-year (YoY) in February, compared to a 3.8% increase reported in the previous reading, the latest data published by the Australian Bureau of Statistics (ABS) showed on Wednesday. The market consensus was for 3.8% growth in the reported period. The RBA Trimmed Mean CPI for February rose 0.2% and 3.3% on a monthly…
Lower Global Trade Uncertainty Supports Risk Appetite – Action Forex
US dollar The US has signed agreements with Japan, Indonesia and the Philippines. Tariffs range from 15% to 19%. Tokyo has secured a reduction in import duties on cars from Washington from 25% to 15%. Looking at this deal, the European Union also wants to get 15% tariffs. Brussels does not intend to activate the…
Securitize Appoints Former SEC Trading and Markets Director Brett Redfearn as President | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Securitize, the real-world asset tokenisation company, has appointed Brett Redfearn, a former Director of the US Securities and Exchange Commission’s Division of Trading and Markets, as President and as a member of its Board of Directors. The hire is expected to bolster the firm’s regulatory credentials as it prepares for its next phase as a…
Road to $1500- End of Week Performance Review
📊 Weekly Overview: A True “Up and Down” Market This week perfectly reflects the reality of trading Gold on lower timeframes — volatility, sharp reversals, and mixed conditions. The XAUUSD 5M Scalper EA navigated both favorable trends and difficult market phases, resulting in a mixed but insightful performance. Total Trades: 17 Win Rate: 58% Profit:…
Gold Outlook: Trade War, Geopolitics Drive Safe-Haven Demand – Forex Crunch
The gold outlook remains strongly bullish, hitting fresh all-time highs near $4,700 at the start of the week. Geopolitical risks stemming from the Greenland situation, along with conflicts in the Middle East and Russia, keep gold demand underpinned. All eyes are now on US PCE and GDP data to find fresh trading opportunities this week….
