Asia FX eases ahead of Trump tariffs; baht slumps as PM faces no-confidence vote

Major forex pairs drifted mostly sideways throughout the week, as dollar traders seemed inclined to wait for the U.S. CPI and FOMC statement to set the direction later on. Source link

Article Highlights Bearish Structure Dominates: ETH trapped below both 50 and 200 SMAs. Price down 23% from November highs. $3,000 is the Line in the Sand: Bulls must break both to flip the trend. Multiple failed attempts already. Momentum Shows No Conviction: Williams %R at -58.16 signals indecision. Neither bulls nor bears in control. Range-bound…

At the end of Tuesday, the Dow Jones Index (US30) rose by 0.01%, the S&P500 Index (US500) gained 0.16%, and the Nasdaq Technology Index (US100) was up 0.46%. Stocks extended gains on hopes that the US’s upcoming retaliatory tariffs next week will be narrower than originally planned. Options traders scaled back expectations for US rate…

We’ve been spared from summer doldrums in financial markets this year but early next week could be something of a dud, particularly until Jackson Hole begins. Monday kicks off with Fed’s Waller speaking at 09:15 am ET but that will be all for the day. Tuesday features speeches from the Fed’s Bostic and Barr but…

The W%R Indicator, the brainchild of technical mastermind Larry Williams, is a momentum oscillator that gauges whether a financial instrument is overbought (priced too high) or oversold (priced too low) within a specific timeframe. Imagine it as a thermometer for market sentiment, with readings hovering near the top reflecting potential overbought conditions and readings near…

The BB Squeeze Dark MT4 Indicator combines elements of the Bollinger Bands and Keltner Channels to detect volatility compression. When the Bollinger Bands move inside the Keltner Channels, the indicator identifies a “squeeze” — a signal that the market is quiet but preparing for a strong move. Once the bands expand again, it shows that…